August, 2024

August, 2024

Bitcoin market cautious as longs and shorts balance out
Bitcoin’s drop to below $50,000 on Aug. 5 marked the largest drawdown in the current cycle, resulting in substantial profit losses and liquidations. And while BTC has shown solid signs of recovery s...

WazirX revamps asset security, severs ties with Liminal over $235M hack
Indian crypto exchange WazirX, recently targeted in a $235 million hack, has ended its asset custody arrangement with Liminal. In an Aug. 14 statement, WazirX announced it was moving assets from Limin...

Six out of top 10 traditional ETF issuers remain cautious of entering Bitcoin market
Quick Take The highly anticipated launch of the Bitcoin ETFs on Jan. 11, 2024, marked a significant milestone in the digital asset industry. Major players such as BlackRock, Fidelity, Bitwise, Ark, In...

Coinbase cbBTC could challenge BitGo’s WBTC supply in 6 months
Coinbase appears poised to enter the wrapped Bitcoin market following recent disclosures from the firm. On Aug. 13, Coinbase’s official X (formerly Twitter) account teased an upcoming product with a...

U.S. inflation rate hits 2.9% as Bitcoin remains around $61,000
Quick Take According to Trading Economics data, the July US inflation rate came in slightly below expectations, with the...

Bitcoin donations to RFK Jr. campaign only amount to $61k amid lack of transparency
Independent presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has received only $61,000 in Bitcoin donations since 2023, according to an analysis by blockchain analytical platform Breadcrumbs. Th...

Nigeria’s $37 million USDT freeze connected to MEXC and KuCoin hot wallets
The Nigerian government has reportedly frozen four crypto wallets holding over $37 million in Tether’s USDT stablecoin, local media outlet Premium Times reported. The Economic and Financial Crimes C...

BlackRock ETFs dominate Bitcoin and Ethereum inflows
Quick Take Bitcoin On Aug. 13, Bitcoin ETFs experienced a net inflow of $39.0 million, according to data from Farside. N...

Bitcoin Holder Race On? Mining Giant Marathon Announces Plan To Raise $250,000,000 To Acquire Additional BTC
Bitcoin mining firm Marathon (MARA) is unveiling a plan to spend hundreds of millions of dollars to bolster its BTC stockpile. In a new press release, Marathon says it intends to privately offer $250 ...

AI Agents Will Use Crypto To Transact With Each Other, Says Former Goldman Sachs Executive – Here’s His Outlook
Ex-Goldman Sachs executive Raoul Pal is predicting that artificial intelligence (AI) agents will one day use crypto assets to transact with each other. In a new video update, the Real Vision CEO says ...

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B&T Television

November