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Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs

On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling…

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A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This…

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Morgan Stanley’s Institutional Fund reveals exposure to BlackRock’s Bitcoin ETF

Morgan Stanley's move signals growing institutional confidence in Bitcoin, potentially driving broader acceptance and investment in cryptocurrencies. The post Morgan Stanley’s Institutional Fund reveals exposure to BlackRock’s Bitcoin ETF appeared…

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Top Bitcoin Price Predictions Amid BTC Buying Spree from Large Investors

TL;DR Large Bitcoin investors are accumulating more assets despite recent volatility, which could reduce supply and positively impact the price. Analysts predict a strong future rally for BTC, with potential…

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Bitcoin and Ethereum ETFs Record $74 Million in Outflows, Grayscale Funds Lead Losses

On Sept. 4, 2024, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) saw $37.29 million in outflows, while their ethereum counterparts, the nine spot ether ETFs, experienced roughly $37.51 million…

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Bitcoin Halving Events No Longer Drive BTC Price, Report Says

Outlier Ventures’ new report claims the four-year Bitcoin halving cycle “is dead,” arguing that halving events no longer significantly impact bitcoin’s price due to a maturing crypto market. The report…

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Arthur Hayes: Bitcoin Could Slip to $50,000 — Altcoins Could Dive ‘Into the Gutter’

Arthur Hayes, co-founder of crypto exchange Bitmex, has warned of a scenario where bitcoin could “slowly leak lower towards $50,000” and “altcoins could dive deeper into the gutter.” Focusing on…

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Court Upholds $1,000 Cap on Daily Crypto ATM Withdrawals in California

A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain…

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Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin…

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