Category: NEWS

Bitcoin retreats as German government selling intensifies

Bitcoin (BTC) price fell to under $56,000 as the German government sold more BTC On-chain data shows Germany sent more than 16,000 BTC to exchanges on Monday – the largest transfers in a single day. Bitcoin price fell below $56,000 again on Monday, dropping by about 2% at the time of writing as Germany took […]

Metaplanet loads more bitcoins with 42,466 BTC purchase

Metaplanet, a Japanese firm, increases Bitcoin holdings with $2.5M purchase. Metaplanet now holds 203,734 BTC, acquired at $62,000 per Bitcoin on average. This latest acquisition brings Metaplanet’s total Bitcoin holdings to an impressive 203,734 BTC. In a bold move amidst fluctuating cryptocurrency markets, Metaplanet, a publicly-listed investment and consulting firm based in Japan, has purchased […]

CleanSpark acquires Bitcoin miner GRIID for $155 million

CleanSpark announced on June 27 that it had acquired GRIID Infrastructure, a US-based Bitcoin miner for $155 million. The company expects the all-stock deal to close in Q3, 2024 subject to GRIID shareholder approval and other customary requirements. Bitcoin miner CleanSpark announced today that it has entered an agreement to acquire GRIID Infrastructure in an […]

German’s BKA transfers more Bitcoin to exchanges including Kraken and Bitstamp

German Government transferred 250 Bitcoin worth approx. $15.4M to Kraken and Bitstamp on June 26. The government has transferred a total of $150M in BTC to various addresses. The German Government BTC transfers and Mt. Gox repayments pile pressure on Bitcoin price. The German Federal Criminal Police Office (BKA) has made additional Bitcoin transfers to […]

Crypto Fear and Greed Index hits 30, lowest level in 18 months

Crypto Fear and Greed Index is currently in the “fear” zone with a score of 30. This is the lowest sentiment measure for Bitcoin (BTC) in nearly 18 months. The Crypto Fear and Greed Index, a measure of market sentiment for Bitcoin (BTC) and the broader crypto market, has dropped to 30, the lowest score […]

Donald Trump receives $2M Bitcoin donation from Winklevoss twins

Winklevoss twins donate $2M in Bitcoin to Donald Trump’s campaign. The Gemini founders cited Trump’s pro-business and pro-crypto stance as reasons for their support. Trump’s campaign recently announced that it would start accepting crypto donations. The founders of Gemini, Cameron Winklevoss and Tyler Winklevoss, commonly referred to as the Winklevoss twins, have each donated $1 […]

Bitcoin stays above $65k as Bitbot unveils its Mini App UI

Key takeaways Bitcoin has been trading above the $65k level as the broader market stagnates. Bitbot has unveiled its Mini App UI to simplify DeFi trading for users Bitcoin stays above $65k as market stagnates Bitcoin, the leading cryptocurrency by market cap, has been underperforming over the last seven days. It has lost more than […]

Morpho becomes first L2 protocol to launch on Base

Morpho is the first Layer 2 protocol to launch on Coinbase’s Base. Morpho has introduced MetaMorpho Vaults and Morpho Markets on Base, boosting yield and borrowing options. Morpho’s CEO, Paul Frambot, has shifted his stance on Base deployment seeing it as pivotal for Morpho’s growth in DeFi. Morpho, a decentralized finance (DeFi) lending and borrowing […]

Memeinator in focus as most meme coins beat Bitcoin in 2024

Bitcoin and Ethereum have jumped by over 50% this year. Meme coins like Floki, Pepe, and Book of Meme have done much better. Memeinator is one of the fastest-growing names in the industry. Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more […]