XMR rebounded 4% to $ 276 on Aug. 18 after dropping to $ 233 on Aug. 15, following reports of a 51% attack by the Qubic mining pool. The Debate: Has Qubic Overstated Its Power? The privacy coin XMR appreciated by approximately 4% on Aug. 18 to $ 276, just days after …
Bitmine Immersion Technologies announced it holds over $ 6.6 billion in cryptocurrency, solidifying its position as the world’s largest ethereum treasury. Bitmine Reports $ 6.6 Billion in Ether Holdings The company’s holdings include 1,523,373 ETH tokens valued at $ 4,326 each and 192 bitcoin (BTC), totaling $ 6.612 billion as of …
Ethereum surged over 10% on Aug. 13, reaching $ 4,780, its highest price since November 2021, and marking a nearly 30% increase since trading below $ 3,600 on Aug. 6. Institutional and Analyst Outlook Ethereum ( ETH) closed in on its all-time high on Aug. 13 after surging by more than 10% in …
Crypto ETFs are dominating new fund launches, attracting billions as investors flock to regulated bitcoin and ethereum exposure, eclipsing traditional offerings and reshaping Wall Street’s growth narrative. Wall Street Turns to Crypto ETFs as Investors Demand Regulated Exposure Cryptocurrency exchange-traded funds (ETFs) have emerged as dominant players in the market for newly launched funds, drawing […]
Economist Henrik Zeberg has expressed concerns about bitcoin, labeling it a “highly risk-prone asset” and linking its price movements to the Nasdaq. He warns that a downturn in the Nasdaq could lead to a significant decline in bitcoin’s value. Bitcoin Labeled a ‘Risk-Prone Asset’ In a recent analysis, economist Henrik Zeberg raised concerns about the […]