BlackRock’s Bitcoin ETF Sees $329M Inflows
Investors in BlackRock’s iShares Bitcoin Trust (IBIT) seized the opportunity to “buy the dip,” pouring $329 million into the fund on October 21 after Bitcoin’s price fell by 3%. This sizable inflow…
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Former Mine Digital CEO Charged with $1.5M Bitcoin Fraud
The ex-CEO of the now-defunct Australian cryptocurrency exchange, Mine Digital, has been charged with fraud for allegedly stealing $1.47 million (2.2 million AUD) from a customer attempting to purchase Bitcoin. This alleged…
Bitcoin Hashrate Reaches All-Time High
The Bitcoin hashrate has surged to a record high, reinforcing the security of the world’s largest blockchain. On October 21, the Bitcoin network’s hashrate—representing the total computational power securing the system—hit a…
Rebar Aims to Launch Bitcoin-Native MEV Shield by Late 2024: CEO
Rebar Labs is preparing to launch a Bitcoin-native platform designed to protect traders from harmful maximum extractable value (MEV) tactics, such as front-running, by the end of 2024, according to CEO Alex…
Italy Proposes Raising Bitcoin Capital Gains Tax to 42%
The Italian government is considering a significant increase in the capital gains tax on Bitcoin, raising it from 26% to 42%, according to Deputy Economy Minister Maurizio Leo. The proposal is part…
Bitcoin Open Interest Hits 1-Year High as Price Nears $68K
Bitcoin’s price has surged 8% between October 14 and 15, climbing 11.5% over the past 30 days. This rally puts Bitcoin ahead of traditional markets like the S&P 500, which gained just…
Tesla Transfers Entire $765 Million Bitcoin Stash to Unknown Wallets
Tesla has moved all of its Bitcoin holdings, valued at over $765 million, to unidentified wallets in a surprising transfer. Data from Arkham Intelligence shows that the company’s 11,500 Bitcoin was moved…
Bitcoin ETFs Surge with $556 Million Inflows
Bitcoin ETFs Experience Record Inflows Amid Price Surge Spot Bitcoin ETFs in the U.S. recorded a massive $555.9 million inflow on October 14, marking the largest single-day inflow since early June. This…
Bitcoin Mining Profitability Drops in September
Bitcoin (BTC) mining profitability declined in September as stagnant BTC prices, combined with a higher network hashrate, put pressure on miners, according to a Jefferies research report released Sunday. The report highlights…
Bitcoin Surges Past $64K as Crypto Markets Start the Week Strong
Bitcoin (BTC) opened the week on a positive note, jumping above $64,000, with major cryptocurrencies like Ether (ETH) and Solana (SOL) following suit. Meanwhile, memecoins stole the weekend spotlight, driving market activity…
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