In terms of their reserve ratio, Binance has a ratio of 106.84% for its BTC assets, 103.68% for its ETH assets, DOGE for 100.09%, 112.82% for USDT, and 102.67% for its Solana (SOL) assets.
Bitcoin’s network hashrate reached an all-time high, signaling strong long-term growth potential despite recent market stagnation and liquidation of long positions.
On the other hand, the report warns that if Vice President Kamala Harris wins the election, Bitcoin could face a significant downturn.
Fractal’s mainnet debut also saw the release of its native token FB with a total supply of 210 million tokens.
Riot has blamed Texas’s high summer temperatures as one of the major reasons behind the decline in production.
Veteran trader Peter Brandt shared the BTC price chart also echoed Arthur Hayes’ bearish sentiment predicting a BTC price drop to $46,000 levels.
Fear of further Bitcoin price capitulation in the short term significantly increased amid continued sell-offs from whale investors.
Zest said BTCz will gradually decentralize, reducing its reliance on any authority or central entity for control.
Babylon Season offers a variety of rewards to cater to different types of users.
The new development allows users to earn rewards while staking their BTC and, at the same time, use the leading crypto assets for other activities, including trading, lending, and swapping across chains for other ERC-20 tokens.
Bitwise’s BITB registered a net cash inflow of over $9 million on Wednesday, signaling rising confidence for Bitcoin among institutional investors.
If the Bitcoin DeFi TVL shall flippen Ethereum’s, a large number of Bitcoiners also need to contribute and get comfortable with the idea of putting their Bitcoin to work on-chain, said the DAO contributor.
A major push for Bitcoin in TradFi came from the approval of spot Bitcoin ETFs by the US SEC in January.
Last year in 2023, the Bitcoin ATM scams resulted in more than $110 million in losses with a majority of the victims particularly from the age group of 60 and more.
Further signs of market caution are evident in the decline in open interest for Bitcoin futures on the CME Group platform, which has dropped to its lowest level since May.