Bitcoin Archives - Page 4 of 8

Chart showing the decline in Bitcoin mining revenue in August 2024

Bitcoin Mining Revenue Hits All-Year Low

September 2, 2024 Dan K

Bitcoin mining revenue dropped to $827.56 million in August, marking the year’s lowest point and highlighting the challenges faced post-halving.

Graph showing the correlation between Bitcoin's hash price lows and its market price, reflecting trends similar to the pre-2021 bull run.

Bitcoin Price ‘Near a Bottom’ as Hash Price Lows Echo Pre-2021 Bull Run Patterns

August 31, 2024 Dan K

Bitcoin’s hash price lows may signal a bottom, echoing patterns before the 2021 bull run. Miners start accumulating, suggesting price stabilization.

Chart showing the outflows of Spot Bitcoin ETFs on August 28.

Bitcoin ETFs See $105.19 Million Outflow as Ethereum ETFs Reverse Nine-Day Trend

August 29, 2024 Dan K

Spot Bitcoin ETFs face $105.19M in outflows, while Ethereum ETFs reverse a nine-day streak with $5.84M in new inflows, signaling market shifts.

Xapo Bank and Hilbert Capital announce the launch of a $200 million Bitcoin-denominated hedge fund.

Xapo Bank and Hilbert Capital to Launch $200 Million Bitcoin-Denominated Hedge Fund

August 27, 2024 Dan K

Xapo Bank and Hilbert Capital unveil a $200m Bitcoin-denominated hedge fund, targeting institutional investors with lower fees and strategic growth potential.

Bitcoin mining equipment with rising hash rate indicator on a digital screen.

Bitcoin Flashes Indicator That Often Precedes Higher Prices: CryptoQuant

August 20, 2024 Dan K

Bitcoin’s Hash Ribbons indicator signals miner capitulation is over, often preceding price surges, as BTC retests $59k. CryptoQuant predicts bullish momentum.

Blockchain

Bitwise Expands into Europe with Acquisition of ETC Group’s $1B ETP

August 19, 2024 Dan K

Bitwise acquires ETC Group, entering Europe with $1B in ETPs, boosting global presence and expanding its cryptocurrency investment offerings.

Bitcoin whale possibly loses $238 million due to a suspicious transfer

Bitcoin Whale Allegedly Loses $238 Million in Hacked Crypto Assets

August 19, 2024 Dan K

A Bitcoin whale may have lost $238 million in a crypto hack, as reported by ZachXBT, raising new concerns over blockchain security and asset safety.

Image depicting Bitcoin with a gavel, symbolizing the US government's handling of seized cryptocurrency.

US Marshals Likely Selling Seized Silk Road Bitcoin Worth Millions

August 18, 2024 Dan K

The US government may soon sell Bitcoin seized from Silk Road, with recent transfers to Coinbase signaling a potential $594 million liquidation.

Bitcoin wallet from 2014 transfers 174.88 BTC after a decade of inactivity.

Dormant Bitcoin Wallet from 2014 Moves BTC Worth $10.2 Million

August 17, 2024 Dan K

A dormant Bitcoin wallet from 2014 has moved 174.88 BTC, worth $10.2 million today, highlighting the growing trend of old wallets waking up.

Illustration of a hacker behind a computer screen with cryptocurrency symbols, representing North Korean involvement in crypto theft.

North Korean Workers Tied to $1.3M Crypto Theft: A Sophisticated Cyber Heist Unveiled

August 15, 2024 Dan K

North Korean IT workers, posing as crypto developers, stole $1.3M from a project’s treasury, revealing a widespread cyber scheme involving over 25 projects.