Bitcoin network difficulty reaches record high amid price volatility
Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024. Bitcoin’s hash rate reached a record 677 EH/s on July 27th, boosting network security. Bitcoin’s RSI at 44 suggests potentially oversold conditions; the price may test $58,000 Bitcoin has set a new record for network difficulty, reaching 90.67 trillion on […]
Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors, covering 77% of customer claims. Digital Currency Group will not receive any payout from Genesis’s bankruptcy plan. Over the past three days, Genesis Trading has moved approximately 32,256 BTC, valued at around $2.12 billion, and […]
Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto exchange license for PantherTrade amid Hong Kong’s crypto hurdles. Futu Securities International, Hong Kong’s largest online broker, has introduced retail cryptocurrency trading in the city, […]
Bitflow integrates swap function into Leather Wallet
Bitflow integrates its swap function into the Leather wallet for 370,000 users. The partnership enhances user experience and broadens Bitcoin DeFi accessibility. Integration guarantees the best swap rates across various DEXs on Stacks. Bitflow, a decentralized exchange (DEX) that enables users to trade and earn using their Bitcoin, has announced the integration of its swap […]
Bitcoin falls to $62k as crypto mirrors stocks crash
Bitcoin price dropped to its lowest level since mid-July with a dip to near $62k on August 1. Stocks also plummeted as investors reacted to latest economic data and geopolitical tensions in the Middle East. Bitcoin price crashed 10% to trade to near $62k on Thursday as August began on a painful footing for cryptocurrencies […]
M2 crypto exchange to allow UAE residents to trade crypto using bank accounts
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive trading. UAE has strict regulations to ensure consumer protection and market transparency. In a significant development for the digital asset market in the United Arab Emirates (UAE), M2, a prominent crypto exchange, has announced that […]
Poochi $SIR: The Anti-Scam Ethical Hacker Shiba Inu Meme Coin Set to Make Waves
contract address: 0x670737204304a1F02363104223538441BCEA4936 twitter https://x.com/PooChiPCI website https://poochi75.com/ telegram https://t.me/poochieth On July 21, 2024, a new player entered the cryptocurrency arena, bringing with it a blend of nostalgia and forward-thinking innovation. Poochi $SIR, a Shiba Inu-inspired meme coin, is quickly capturing the attention of the crypto community. This coin not only pays homage to the legendary […]
Whales accumulate more Bitcoin after latest pullback
Whales scoop Bitcoin as pullback dents bulls’ momentum Bitcoin price touched lows of $65,911 as US government transferred its Silk Road BTC Bitcoin pulled back from its intraday highs around $70k on Monday to wipe gains seen after former US President Donald Trump highlighted the recently concluded Bitcoin 2024 conference. But the upside move built […]
Cryptocurrencies to watch in August: Poodlana, Bitcoin, BOOK OF MEME (BOME)
Poodlana’s presale surges to $3.5M, with price set to rise further. Bitcoin hits $69,000, boosted by Trump’s pro-crypto remarks. BOOK OF MEME rises 20%, with strong technical patterns and market interest. As August approaches, the cryptocurrency market continues to evolve with exciting developments and noteworthy trends. Three cryptocurrencies stand out for their potential to capture […]
Cantor Fitzgerald to launch $2 billion Bitcoin financing business
Cantor Fitzgerald is looking to launch a Bitcoin financing business with an initial capital of $2 billion. The financing services giant’s CEO announced the plans at Bitcoin 2024. Cantor Fitzgerald will partner with top Bitcoin custody pltforms to offer leverage to investors that hold BTC. Cantor Fitzgerald, a New York-based global financial services company, will […]