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Home2024August

Month: August 2024

Bitfarms Ownership Shift: Riot Platforms Boosts Stake
Bitcoin

Bitfarms Ownership Shift: Riot Platforms Boosts Stake

August 15, 2024 CryptoExpert

TLDR Riot Platforms increased its stake in Bitfarms to 18.9% Riot bought 1 million additional shares of Bitfarms at about $2.28 per share Riot now owns 85.3 million shares of Bitfarms Riot has requested a […]

Cronos zkEVM Launches Alpha Mainnet With Native Ethereum Bridge
Ethereum

Cronos zkEVM Launches Alpha Mainnet With Native Ethereum Bridge

August 15, 2024 CryptoExpert

Cronos Labs has announced the launch of its eagerly-anticipated zkEVM mainnet. Developed with support from zkSync developer Matter Labs, the Cronos zkEVM goes live with an extensive ecosystem of dapps already in place and a […]

Jamie Crawley
Cryptocurrency

Bitcoin Drops to Under $58K After U.S. CPI Data

August 15, 2024 CryptoExpert

U.S.-listed spot bitcoin ETFs recorded $81 million in net outflows on Wednesday, ending a two-day positive streak. Grayscale’s GBTC registered $56 million in outflows, the most among counterparts, with Fidelity’s FBTC recording $18 million in […]

BTC to $250k: Bitcoin's Perfect Storm: Hong Kong ETFs, China's Crisis, and the Halving
Bitcoin

ETFs Accumulate 909,700 Bitcoin, Closing in on Satoshi’s Total

August 14, 2024 CryptoExpert

TLDR US Bitcoin ETFs are approaching Satoshi Nakamoto’s estimated Bitcoin holdings The ETFs collectively hold about 909,700 Bitcoin as of August 2024 BlackRock’s iShares Bitcoin Trust is the largest holder among the ETFs ETFs are […]

ETH ETF Soon? Asset Managers Amend Spot Ethereum ETF Filings, Removing Staking Provisions
Ethereum

Ethereum’s V-Shaped Recovery: Breaking Down the Bull Case

August 14, 2024 CryptoExpert

TLDR Ethereum price recently increased above $2,650 A potential breakout towards $3,000 is being discussed The price dropped from $3,500 but may be finding a bottom Exchange reserves show signs of accumulation Key resistance levels […]

Jamie Crawley
Cryptocurrency

BTC Tops $61K, But Traders Remain Cautious

August 14, 2024 CryptoExpert

Bitcoin topped $61,000, reversing some of its losses from the steep drop at the start of August. BTC has risen more than 4% in the last 24 hours, outperforming the broader crypto market, which has […]

Ethereum
Ethereum

Grayscale’s ETHE ETF Stops Bleeding After $2.3 Billion in Ether Outflows Since Launch

August 13, 2024 CryptoExpert

TLDR Grayscale Ethereum Trust (ETHE) posted its first day of zero outflows since conversion to spot ETF Ethereum and layer-2 networks saw increased activity recently ETH ETFs saw $5.0 million inflow, while Bitcoin ETFs had […]

Jamie Crawley
Cryptocurrency

BTC Muted After Crypto Goes Unmentioned in Musk-Trump Interview

August 13, 2024 CryptoExpert

One bitcoin analyst sees renewed losses in the short term, with the price falling by $5,000 from the going market rate of around $58,500. “Bitcoin is likely to fall by $5K rather than rise by […]

Bitcoin Price Plunges Below $42K After Historic ETF Launch Sparks $4.7B Sell-Off
Bitcoin

Why is Crypto Down Today? Bitcoin Drops to $58k Due to ETF Outflows and Long-Term Holder Selling Pressure

August 12, 2024 CryptoExpert

TLDR Bitcoin (BTC) experienced a selloff over the weekend, trading around $58,500, down 4.8% in the last 24 hours. U.S.-listed Bitcoin ETFs recorded outflows of $89 million on Friday, while Ethereum ETFs saw $15.7 million […]

Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum's Ecosystem
Ethereum

Ethereum Gas Fees Hit 5-Year Low: The Impact of Sub-1 Gwei Fees on Ethereum’s Ecosystem

August 12, 2024 CryptoExpert

TLDR Ethereum’s median gas price has hit a 5-year low, dropping to 1.9 gwei on August 10, with low-priority transactions costing around 1 gwei or lower. The decrease in gas fees is attributed to increased […]

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Bybit
  • Bollinger Spots W Bottoms In Ether And Solana Charts
  • Japan’s FSA May Let Banks Hold Bitcoin and Other Cryptocurrencies
  • BitMine Buys $1.5B In Ether As Tom Lee Remains Bullish On ETH
  • Tornado Cash Dev Roman Storm Warns Community About Retroactive Prosecution
  • UK Tax Authority Ups Crypto Warning Letters in Crackdown on Unpaid Gains
  • Bitcoin Pullback Against Gold Could End With Year-End Upside Surge
  • Kevin O’Leary Says Ethereum Cracked Under Pressure While Solana Scales Ahead
  • Longtime Ethereum Researcher and Developer Dankrad Feist Joins Tempo
  • Ripple to acquire $1B in XRP through SPAC-led digital treasury move
  • Bitcoin Copies 2023 Regional Bank Rout With $105,000 BTC Price Dive
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