August, 2024

August, 2024

Only the Strongest Altcoins Recover After Market Crash; Algotech, Bittensor, and Celestia Get Inflows
The crypto winter has arrived with full force, as evidenced by the plummeting prices of Bitcoin and Ethereum. The once-booming market has experienced a sharp correction, wiping out billions of dollars...

Metaverse land prices down 72% on average from highs
Metaverse land prices have fallen nearly 95% from their peak values, according to a CoinGecko report. In 2024, the cost of metaverse lands ranged between 0.08 ETH and 1.88 ETH, representing an averag...

Bitcoin miner sell-off trend continues post-2024 halving
Onchain Highlights DEFINITION: The 30d change of the supply held in miner addresses. Bitcoin miner net position change reveals continuous net selling in 2024. Analyzing the data from Glassnode, the mi...

Saylor reveals his personal Bitcoin holdings are worth over $1 billion
MicroStrategy executive chair Michael Saylor disclosed in an interview on Aug. 7 that his personal Bitcoin holdings are worth over $1 billion, placing him among the elite group of BTC “whale hodlers...

Judge ends Ripple, SEC lawsuit with $125 million fine, XRP surges 18%
The court has levied a $125 million fine on Ripple in the lawsuit filed by the US Securities and Exchange Commission (SEC), ending the four-year-long dispute. XRP’s price leaped 18% in minutes after...

Ethereum ETFs register two consecutive days of inflows
Spot Ethereum (ETH) exchange-traded funds (ETFs) registered $98.4 million in inflows on Aug. 6, the second largest inflow since the funds began trading in July, based on Farside Investors’ data. Not...

Ethena Labs expands synthetic dollar USDe to Solana, plans SOL backing
Ethena Labs has expanded its “synthetic dollar” USDe to the Solana blockchain and revealed intentions to add the SOL token as a backing asset for the stablecoin, according to an Aug. 7 statement. ...

Trump election odds fall to 51% on Polymarket after Harris reveals running mate
Republican presidential candidate Donald Trump’s chances of winning the 2024 US Presidential Election have declined on Polymarket, marking their lowest level since May. The former President’s prob...

Sharp decline in HODLed Bitcoin as price reached $70,000
Onchain Highlights DEFINITION: Lost or HODLed Bitcoins indicates moves of large and old stashes. Bitcoin’s HODLed or l...

Binance Labs Announces New Investment in Solana (SOL) Staking Protocol
The venture capitalist branch of the world’s largest crypto exchange platform by volume is announcing a new investment into a Solana (SOL) staking protocol. In a new blog post, Binance Labs says it�...

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B&T Television

February