Bitcoin Foundation co-founder and former BitInstant CEO Charlie Shrem is auctioning off items connected to his guilty plea over charges involving the darknet marketplace Silk Road. In a Thursday notice, a spokesperson for Shrem said he would be opening up 12 items related to his time in prison and early Bitcoin (BTC) paraphernalia on the
August CPI did little to get crypto moving, leaving big players like Bitcoin stuck in neutral. With the Fed’s next call on rates just around the corner, the market’s collective shrug feels less like uncertainty and more like a deliberate holding pattern. Summary Crypto markets showed little reaction after August CPI rose 2.9%, leaving Bitcoin
U.S. stocks climbed on Thursday, with the Dow Jones Industrial Average up more than 170 points, while Treasury yields declined after the latest consumer inflation data. Summary Dow Jones Industrial Average gained 170 points and S&P 500 added 0.3%. Wall Street remained bullish despite consumer price index data coming in hotter-than-expected on Thursday. Overall expectation
Is the recent surge in South Korea’s KOSPI index sending a crucial signal for the cryptocurrency market? A fascinating analysis suggests a strong KOSPI Bitcoin correlation, hinting that when this key stock market index hits a new record, Bitcoin’s bull run might be nearing its end. For crypto investors, understanding this potential link could be
NTH, a blockchain-driven Web3 entity, has begun a strategic partnership with MAGNE.AI, a next-gen Web3 smartphone firm. The collaboration is aimed at driving innovation in Web3 monetization with cutting-edge hardware solutions like decentralized smartphones. As mentioned by NTH and MAGNE.AI’s official X announcements, the partnership fortifies the global Web3 community growth. Hence, the main purpose
Veteran trader Peter Brandt has given his opinion on when the Bitcoin bull cycle may peak, as the flagship crypto continues to range sideways. Meanwhile, there is also the possibility that the cycle may extend, especially with the Fed set to lower interest rates, which could lead to an influx of new liquidity.
Starknet, the zero-knowledge-proof layer-2 solution for Ethereum, plans to roll out its Bitcoin staking feature on its mainnet by the end of this month. Summary Starknet plans to roll out Bitcoin staking on its mainnet by the end of September. The Ethereum layer 2 scaling solution is among protocols looking to tap into BTC to
Bitplanet, South Korea’s first institutional Bitcoin treasury company, has completed the full acquisition of SGA Co. Ltd. through a $50 million deal, according to a Sept. 11 statement shared with CryptoSlate. The transaction marks the conclusion of a 62% takeover of SGA by an international investor consortium, underscoring a growing push to formalize Bitcoin holdings
The Bureau of Labor Statistics published August’s Consumer Price Index (CPI) data just a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Latest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) announced slightly hotter-than-expected inflation in its August Consumer Price Index (CPI) report.
Fresh data from blockchain analytics platform Glassnode shows that mid-sized Bitcoin investors have significantly increased their BTC holdings in recent times. The data shows that entities holding between 100 and 1,000 BTC, often referred to as sharks, have added approximately 65,000 BTC in the last seven days alone. At the current price of $113,595, their