Early August brought renewed optimism across the cryptocurrency sector, and one popular on-chain analyst, Ali Martinez, believes that the Bitcoin ($BTC) bear market might be ‘in final stages.’ Specifically, in an X post published on August 11, the blockchain expert appears to have mapped a trajectory that could take $BTC 181% higher from $63,874 at
Decentralized artificial intelligence project FLOCK announced on Aug. 12 via its official X account that it has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable seamless FLOCK token transfers across multiple blockchain networks. The integration allows FLOCK to operate as a Chainlink Cross-Chain Token (CCT), expanding its accessibility to users on Base, Ethereum, $BNB Chain,
Offsetting Bitcoin gains and dividends: what investors in Austria need to know Bitcoin and shares are treated differently for tax purposes, yet in Austria they can meet when losses are offset. The Ministry of Finance states explicitly that gains and losses from cryptocurrencies can in principle be offset against certain other types of investment income.
Canton Network solves a problem that has kept most banks off public blockchains: it lets multiple institutions record and settle the same transaction on shared infrastructure while each party sees only the portion of that transaction it is actually involved in. This is called sub-transaction privacy, and it is the core reason banks such as
Barça Mobile, FC Barcelona’s official mobile telecom service operated by New Era Visionary Group, is developing an in-app digital wallet using infrastructure from Wirex, Crossmint and the Stellar Development Foundation. New Era announced the partnerships on Aug. 5. Its announcement described the wallet as an integrated feature of the existing Barça Mobile app rather than
After its sharp decline, Bitcoin may have stabilized around $64,000, but the circumstances for a new bull run have not yet come together. The price structure and more general market indicators still point to a market that is trying to find a bottom rather than one that is already moving into a long-term bullish phase.
Grant Cardone, the founder and CEO of real estate investment firm Cardone Capital, has drawn a fresh comparison between Bitcoin and property, describing the cryptocurrency as “portable digital real estate.” In a recent interview with DraperTV, Cardone explained that Bitcoin offers some of the key benefits of real estate without the burdens of property management.
Long-inactive wallets belonging to early Bitcoin investors are back in the spotlight. A Bitcoin address that hadn’t made any transactions since February 2014 moved its entire balance of 27.85 $BTC after almost 12.5 years. The current value of these Bitcoins is approximately $1.78 million. It is noted that when the wallet first acquired the $BTC,
Goldman Sachs is acquiring NEOS Investments, the firm behind BTCI, a $1.1 billion bitcoin synthetic exchange-traded fund (ETF) that yields roughly 27%, according to a senior ETF analyst at Bloomberg. The acquisition deal in cash and equity puts NEOS at a valuation of up to $2.25 billion, is subject to performance targets and is expected
The National Statistical Office (NSO) of India has released the Consumer Price Index (CPI) report today. The report revealed that the country’s retail inflation surged to 4.45% in July, up from 4.38% in June. Although the inflation rate is slightly below the expected 4.5%, July marks another month of rising prices in India. Now, all