Auto Added by WPeMatico

Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

Bitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence…

Continue ReadingBitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement

Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement…

Continue ReadingFTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement

Tron’s Sun Pump Debut Sparks New Highs in Meme Coin Market

Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have…

Continue ReadingTron’s Sun Pump Debut Sparks New Highs in Meme Coin Market

Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections

The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a…

Continue ReadingReport: Crypto Industry Spends Record $119 Million in 2024 Federal Elections

Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet 

On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19…

Continue ReadingPolymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet 

Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting

On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to more than 1,250 satoshis per virtual byte (sat/vB), which translated to over $105 per transfer at 8:45 a.m. EDT.…

Continue ReadingBabylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting

Bitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger

On Wednesday, Bitfarms Ltd. announced plans to acquire Stronghold Digital Mining Inc. in a stock-for-stock merger valued at approximately $125 million, along with the assumption of $50 million in debt.…

Continue ReadingBitcoin Miner Bitfarms to Acquire Stronghold Digital Mining in $125 Million Merger

Dormant Bitcoin Wallets From 2013 and 2014 Come Alive Moving $20.3M 

As bitcoin hovers just below the $60,000 mark, two long-dormant bitcoin wallets, untouched since 2014 and 2013, sprang to life, moving a total of 342.59 BTC, valued at $20.3 million…

Continue ReadingDormant Bitcoin Wallets From 2013 and 2014 Come Alive Moving $20.3M 

Blackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager 

Five days ago, Arkham Intelligence revealed that Blackrock, the world’s largest fund manager, was on the brink of overtaking Grayscale in onchain asset value. As of Aug. 21, Blackrock has…

Continue ReadingBlackrock Dethrones Grayscale Becoming World’s Largest Digital Asset Manager 

Polymarket Odds Suggest 81% Chance of RFK Jr. Exiting 2024 Race as Shanahan Hints at Trump Alliance

Based on Polymarket odds, Robert F. Kennedy Jr., a 2024 independent presidential candidate, has a 81% probability of exiting the race after his running mate, Nicole Shanahan, hinted that their…

Continue ReadingPolymarket Odds Suggest 81% Chance of RFK Jr. Exiting 2024 Race as Shanahan Hints at Trump Alliance