Shiba Inu Coin (SHIB) has seen a dramatic increase in its burn rate, surging over 2600% today. This spike has caught the attention of crypto market participants, sparking discussions about a potential recovery for the meme coin. According to Shibburn, a total of 14.91 million coins were incinerated in the last 24 hours, marking an […]
Michael Saylor’s MicroStrategy Bought 169 Bitcoin For $11.4 Million In July
MicroStrategy Incorporated (Nasdaq: MSTR) reported its financial results for Q2 2024, revealing an increase in its Bitcoin holdings. The company acquired 12,222 bitcoins since the beginning of the quarter, at an average price of $65,882 per bitcoin, bringing its total holdings to 226,500 BTC, purchased for $8.3 billion at an average cost of $36,821 per […]
Just-In: MicroStrategy Reports 12.2% YTD Bitcoin Yield, 226,500 BTC Balance
American business intelligence and software firm MicroStrategy Incorporated has released its Q2 performance report. As expected, the firm did not sell any of its accrued Bitcoin as it revealed a total portfolio balance of 226,500 BTC. The Michael Saylor-led firm has established itself as one of the biggest supporters of Bitcoin since August 2020. MicroStrategy […]
Trillions of Dollars To Flood Into Crypto Over the Coming Months, Says Bitwise CIO Matt Hougan – Here’s Why
The post Trillions of Dollars To Flood Into Crypto Over the Coming Months, Says Bitwise CIO Matt Hougan – Here’s Why appeared on BitcoinEthereumNews.com. The chief investment officer (CIO) of Bitwise Asset Management Matt Hougan is saying that there’s “big money” coming into the crypto space. In a new interview on the Wolf of All […]
Sanctum Protocol Faces Security Breach; $ASTRO Token Dumped (15M) Amid Exploitation of Astroport Code; Terra Chain Halted
The post Sanctum Protocol Faces Security Breach; $ASTRO Token Dumped (15M) Amid Exploitation of Astroport Code; Terra Chain Halted appeared on BitcoinEthereumNews.com. Sanctum Protocol, a significant participant in the Solana ecosystem, has reported a major security breach involving the loss of control over its domain Sanctum Protocol, a significant participant in the Solana ecosystem, has […]
TON Price Plummets 18%, But Whales Buy $5M Tokens: Buy Now?
The post TON Price Plummets 18%, But Whales Buy $5M Tokens: Buy Now? appeared on BitcoinEthereumNews.com. TON price is currently hovering around $6.79 but could continue climbing before it faces a tough hurdle. On-chain metrics suggest that Toncoin investors are accumulating the altcoin despite the recent crash. Read more: Solana Price Analysis: $210 Target Remains […]
Here’s everything you need to know about Friday’s big jobs report
The post Here’s everything you need to know about Friday’s big jobs report appeared on BitcoinEthereumNews.com. People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open at the Amerant Bank Arena on June 26, 2024, in Sunrise, Florida. Joe Raedle | Getty Images The U.S. labor market may have cooled […]
DeFi Protocol Convergence hit by major hack, CVG token collapses
The post DeFi Protocol Convergence hit by major hack, CVG token collapses appeared on BitcoinEthereumNews.com. Decentralized governance hedge fund platform Convergence exploited. 58M CVG tokens minted and swapped. CVG token value plunged 99% from $0.12 to $0.0004 following the hack. On Thursday, the decentralized finance (DeFi) protocol Convergence experienced a severe breach, resulting in a […]
Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust
The post Spot Bitcoin ETFs See Light Inflows as Grayscale Adds Mini Bitcoin Trust appeared on BitcoinEthereumNews.com. On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot […]
Retreats to 1.3800 as US Dollar surrenders intraday gains
The post Retreats to 1.3800 as US Dollar surrenders intraday gains appeared on BitcoinEthereumNews.com. USD/CAD falls back as the US Dollar fails to hold intraday gains. The US Dollar weakens on downbeat US Q2 United Labor Costs and a sharp contraction in ISM manufacturing PMI for July. A sharp recovery in Oil prices has strengthened […]