Bitfufu Inc., a Nasdaq-listed cloud mining services company, announced a 69.7% revenue jump for the second quarter of 2024, bringing in $129.4 million. The Singapore-based firm, established in 2020 by CEO Leo... Read more »
Onchain Highlights DEFINITION: Bitcoin bull market corrections: drawdowns compared across previous cycles Bitcoin’s 2022+ cycle reveals a continuation of steep corrections, evidenced by multiple drawdowns exceeding 20% from peak values. This trend... Read more »
Key Takeaways Binance integrates anti-fraud alerts to protect users from scams. Customized scam warnings are now issued to Macau users withdrawing assets from Binance. Share this article Binance and the Macau Judiciary... Read more »
Quick Take In a recent analysis shared by Kelly Greer, an analyst at Galaxy, data from NYDIG reveals a significant shift in the behavior of publicly traded Bitcoin miners over the past... Read more »
The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a... Read more »
Key Takeaways Solana experienced record outflows of US$39 million amid a sharp decline in memecoin trading volumes. Bitcoin led inflows with US$42 million, while Ethereum saw US$4.2 million inflows despite mixed provider... Read more »
Coinbase believes that young, pro-crypto voters could play a pivotal role in the 2024 US presidential election and potentially become the deciding factor in who wins. The exchange said in an Aug.... Read more »
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July.... Read more »
Ethereum co-founder Vitalik Buterin has moved 400 ETH, worth about $1.05 million, to Railgun, a well-known crypto mixer, according to on-chain data from the Arkham Intelligence dashboard. The transaction, which took place... Read more »
Bitcoin miners are expanding their hashing capacity, reaching new record highs despite ongoing challenges in profitability. This report from Cryptoquant Institutional Insights highlights that miners are selling off assets as they face... Read more »
