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Bitcoin dips below $29k sparking $160M liquidation in crypto market

Bitcoin’s (BTC) dip below $29,000 in early trading hours resulted in liquidations totaling around $160 million across the cryptocurrency market. Coinglass data revealed $48...

Op-ed: Is Tether’s profitability a risky bet on treasury profits?

Tether, the issuer of the world’s largest stablecoin, USDT, is breaking all records in 2023. In its Q1 assurance report, Tether gained an all-time...

Bitcoin’s tight trading range mirrored by flat hash ribbons signals impending market movement

The Bitcoin mining industry serves as a critical barometer for market health and direction. Among the various tools employed to analyze this vital sector,...

The changing landscape of Bitcoin futures and options markets

The current state of Bitcoin’s options and futures markets is witnessing a notable shift, reflecting a broader transformation in the crypto trading landscape. Over...

CertiK’s crypto security reviews uncover critical vulnerability in Apple iOS

The blockchain cybersecurity firm, CertiK, has reportedly been instrumental in uncovering critical security vulnerabilities in Apple’s latest iPhone operating system (iOS) update. CertiK’s contributions...

63% renewable energy used by Bitcoin Mining Council making up 43% of global mining network

The Bitcoin Mining Council (BMC) reported significant strides in sustainable power usage and technological efficiency in Bitcoin mining, according to the findings of its...

Adjusting Bitcoin’s price for US liquidity reveals key indicator for bull run

The M1 money supply, a key economic indicator, represents the total amount of physical currency in circulation, including coins, notes, traveler’s checks, and demand...

Largest Bitcoin ETP outflow since March as profit taking continues

The exchange-traded digital asset market has seen considerable outflows this week, marking a total of $107 million, illustrating an accelerated pace of ongoing profit-taking...

Bank of Russia kicks off digital ruble operations with free transactions until 2025

The Bank of Russia said transactions in the country’s Digital Ruble currency would be free till 2025, according to an Aug. 3 statement. After...

Centralized exchange trading volumes hit yearly low, though South Korean exchanges resist trend

Crypto trading on centralized exchanges declined by 12% to $2.36 trillion. This is the lowest volume recorded since the beginning of the year, indicating...

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