Bitcoin ETFs See $28.6 Million Inflows After Eight-Day Outflow Streak
TL;DR US Bitcoin ETFs saw net inflows of $28.6 million on September 9, 2024, following an eight-day streak of outflows. BlackRock continues to lead the...
TEPCO Utilizes Surplus Renewable Energy to Mine Bitcoin in Japan
TL;DR TEPCO, through its subsidiary Agile Energy X, is mining Bitcoin using surplus renewable energy. The initiative seeks to prevent the waste of green energy...
Cardano Shows Signs of Recovery with Active Address Surge: What’s Next for ADA Price?
TL;DR Cardano sees significant increase in active addresses following latest update. The ADA cryptocurrency remains in a downward trend, but with signs of recovery. Trading...
Riot Platforms Surpasses 10,000 BTC in Reserves While Optimizing Production and Energy Costs
TL;DR Riot Platforms produced 322 Bitcoin in August 2024, down 13% from July. The company now holds more than 10,000 Bitcoin, an increase of 37%...
Morgan Stanley Boosts Bitcoin Exposure with Major Investments in BlackRock ETF and MicroStrategy
TL;DR Morgan Stanley allocated 2.1% of its Institutional Fund to BlackRock’s Bitcoin ETF, IBIT. The fund also holds a 4% stake in MicroStrategy, one of...
Ripple Delays $125M Fine as SEC Appeal Uncertainty Grows
TL;DR Ripple delays payment of $125 million fine amid speculation of possible SEC appeal. Both parties agreed to deposit 111% of the judgment amount into...
Aave Founder Sells $6.67M in AAVE Amid Price Surge
TL;DR Aave founder Stani Kulechov sold 55,596 AAVE tokens valued at $6.67 million. The cryptocurrency has seen a 66% increase in price over the past...
Saga Mobile Launches Solana Validator, Strengthening Its Leadership in Mobile and Web3
TL;DR Saga Mobile launches a validator on the Solana network in collaboration with Phase Labs and the Solana Foundation. The initiative seeks to strengthen the...
Market Bets $11 Million on Fed Rate Cut for September 2024
TL;DR The market has bet a total of $11,004,782 on possible Fed interest rate changes by September 2024. Most expect a 25 basis point decline,...
Vitalik Buterin Proposes Blockchain-Based Hybrid Model for Future Cities
TL;DR Vitalik Buterin suggests a hybrid model for the development of future cities that combines principles of democracy, capitalism and decentralization. It proposes that citizens...