Bitcoin as Collateral: Loan Proposal by Michael Saylor
TL;DR Michael Saylor, Chairman of MicroStrategy, proposed that government-backed banks in the U.S. offer dollar loans with Bitcoin as collateral. MicroStrategy, holding 252,220 BTC in...
Cryptocurrencies
Ethereum ETFs Face Record Outflows Since July
TL;DR US Ethereum ETFs saw a daily net outflow of $79.21 million. Total cumulative net outflows since launch amount to $686.68 million. Bitcoin ETFs continue...
Upbit Moves User Data to AWS Servers in the U.S.: What This Means for Privacy
TL;DR Upbit will migrate user data storage to Amazon Web Services (AWS) servers in the United States starting October 1, 2024. The measure seeks to...
Bitcoin Could Reach a New All-Time High Before the End of 2024
TL;DR Bitcoin could reach a new all-time high before the end of 2024, driven by improvements in the crypto market. The release of funds from...
Bitfarms and Riot Platforms Announce Settlement Agreement
TL;DR Board Changes: Andrés Finkielsztain steps down from Bitfarms’ Board; Amy Freedman joins, bringing extensive experience in corporate governance. Standstill Agreement: Riot Platforms withdraws its...
Tether (USDT) Hits a Record $119.14 Billion
TL;DR Tether (USDT) market cap hit an all-time high of $119.14 billion. Its adoption rate has grown from 18% to 31% in the last year....
Ethereum Whales Move $21.9M: Is a Major Ether Dump Coming?
TL;DR Two large Ethereum whales moved 8,510 ETH ($21.9M) to centralized exchanges. An Ethereum ICO participant transferred 3,510 ETH to Kraken after 3 months of...
SynFutures Launches Election Perpetuals for the 2024 Elections
TL;DR SynFutures launches perpetual futures contracts for the 2024 US presidential election. Contracts allow betting with up to 10x leverage on Donald Trump or Kamala...
Satoshi-era Bitcoin wallets move 250 BTC after 15 years of dormancy
TL;DR Bitcoin wallets dormant since 2009 moved 250 BTC. Bitcoin price hovers around $63,500 after breaking above $64,000. The wallets did not transfer the funds...
Alchemy Pay Integrates Google Pay into Its Virtual Card to Facilitate Crypto Payments
TL;DR Alchemy Pay updates its Virtual Card to enable crypto payments through Google Pay. The integration facilitates online and in-store payments, enhancing user experience and...