Bitcoin price trades at $118,652 today, August 12, with a 2.18% decline. This drop comes ahead of the release of the US CPI data release. Because of this, analysts are looking at what lies ahead. Some projections suggest BTC might head to $94,000, while others are still optimistic about a rally, potentially to $141,000.
One of the leading tech companies in Europe is uniting with a framework focused on security and confidentiality. Anonymity With a Worldwide Reach Shared to CryptoPotato via a news release, the Aleo Network Foundation, the non-profit organization responsible for the health of the Aleo Network has announced a partnership with Revolut today. The former develops
Amid the ongoing Bitcoin (BTC) bull run, the asset has achieved a notable milestone where over a year has passed without it being declared “dead” by major media outlets or financial commentators. Data from the Bitcoin Obituaries tracker, which records each instance where the cryptocurrency is pronounced worthless or doomed, shows the most recent entry
Digital asset custody firm Hex Trust has integrated Etherlink, the Ethereum Virtual Machine (EVM)-compatible layer 2 built on Tezos, to add institutional custody for xU3O8, a tokenized uranium asset issued on the network. The integration is backed by Trilitech, the research and development (R&D) adoption hub for Tezos and developer of Etherlink, which is working
Web3 payments infrastructure firm Transak has raised $16 million in a strategic funding round co-led by IDG Capital and Tether. The company plans to use the funds to expand its stablecoin payments stack and enter new markets. The funding round comes at a time in which the stablecoin sector has been growing exponentially. DeFiLlama data
BitMine Immersion Technology (BMNR), the bitcoin miner that pivoted to an ether (ETH) treasury strategy under Fundstrat’s Thomas Lee’s leadership, is doubling down on its stock sale program, aiming to raise up to $20 billion more buy more ETH. The company had previously authorized $4.5 billion in stock sales through agreements with Cantor Fitzgerald and
Circle’s stock spiked over 11.4% in pre-market trading Tuesday morning, surging on a bullish Q2 earnings report highlighting substantial year-over-year revenue growth for the stablecoin issuer, and major new offerings on the horizon. The stock, CRCL, eclipsed $179 early Tuesday. It closed at $161.17 Monday afternoon. Total revenue and reserve income for Circle exploded by
Half of the top 20 exchange-traded funds (ETFs) in the United States are linked to digital assets, underscoring the sector’s growing appeal to investors. On Monday, ETF analyst Nate Geraci said more than 1,300 ETFs have launched since the start of 2024, and crypto-linked assets dominated the top 20 investment products in inflows. These include
The past week has been bullish for leading cryptocurrency Bitcoin (BTC) and altcoins. However, after BTC surged above $122,000 yesterday and failed to hold, BTC and altcoins have experienced significant declines in the last 24 hours. While experts stated that the continuation of the rise in Bitcoin and the market will depend on critical data
Trading X account @crypto_rand has drawn the community’s attention to the immense percentage growth demonstrated by the world’s bellwether cryptocurrency, Bitcoin, over the past decade and a half. He also mentioned a Twitter user who may have become a multimillionaire during that period of time. Bitcoin up 198,333,000% in past 15 years The screenshot shared