In brief Bitcoin trades at $64,938, up 1.06% on the day, but stuck below iboth the short-term and long-term moving averages. The U.S. economy shed 23,000 jobs in July, missing the 95,000 gain economists expected; CME FedWatch cut September hike odds to 40% from 55%. The short-term outlook remains bearish, but dwindling rate-hike odds may
There is a fierce battle being waged between Bitcoin [$BTC] bulls and bears as the price climbs back above $65K once more. The on-chain metrics covered in recent days showed that strong, sustained demand is not yet present to support a bullish trend reversal. Source: CryptoQuant On 5th August, as Bitcoin approached $65K, the centralized
Over the last 24 hours, there have been three distinct developments involving Bitcoin [$BTC]. First, Glassnode data showed that active Bitcoin addresses rose to 0.98 million daily. The spike may reflect security concerns rather than renewed investor demand. Many Coldcard users may have moved funds into newly created wallets after the firmware exploit became public.
Author’s note: In my view BIP110 is both useless and harmful, and I do expect it to fail (see scenario 1). Despite this I tried to write this article as factually as I could, entertaining different possible scenarios, as I do hope it may provide some clarity on this soft fork attempt. The OP_RETURN debate
Bitcoin miners have run into a paradoxical crisis – the coin itself is expensive, but making money from mining it has become harder than ever. While $BTC holds in the $60,000–$65,000 range, companies’ revenues from processing transactions have unexpectedly collapsed to 2019 levels. This financial dead end has triggered a massive tectonic shift, and miners
$BNB Chain, the blockchain ecosystem developed by cryptocurrency exchange Binance, has announced that it has obtained ISO 27001 and ISO 27701 certifications. The certifications, awarded following an assessment by the British Standards Institution (BSI), underscore the network’s commitment to robust information security and privacy management practices. What the Certifications Mean ISO 27001 is an internationally
E-commerce sellers often wait weeks to see cash from sales they have already made. Dow Protocol wants to close that gap with blockchain financing for e-commerce, and it just raised fresh capital to do it. The startup has completed a $10.5 million seed funding round to expand a financing model that advances working capital to
Circle says $USDC is the only one of the world’s ten largest stablecoins that currently complies with the European Union’s Markets in Crypto-Assets (MiCA) regulation. If accurate, the claim means the EU’s roughly 450 million residents no longer have regulated access to most major dollar-backed stablecoins, including Tether’s $USDT. The declaration comes as Europe fully
Venus, the leading lending protocol on the $BNB Chain, is pleased to announce the expansion of decentralized lending by bringing higher-quality tokenized real-world assets (RWAs) as collateral on $BNB Chain. The core purpose of this strategic initiative is to expand on-chain lending on $BNB Chain. The future of lending isn’t more assets.It’s better collateral. Venus