Bitcoin ETF Trading Surges to 7-Week Highs Approaching $67K
Launch App Friday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 17 May 2024 Bitcoin ETFs are witnessing a remarkable surge in daily trading volumes, reaching nearly $6 billion as Bitcoin’s price inches closer to $67,000. This resurgence in activity among institutional investors is evident, with almost […]
Millennium Management Reveals $2 Billion Bitcoin ETF Holdings
Launch App Thursday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 16 May 2024 In the latest financial disclosure, renowned international hedge fund Millennium Management has unveiled its significant investment in Bitcoin ETFs, totaling close to $2 billion. Diving into the specifics, the fund diversified its holdings […]
Bitcoin Mining Profits Plunge Post-Halving
Launch App Tuesday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 07 May 2024 The daily revenue from Bitcoin mining has dropped below $3 million, a significant decrease from the daily average of roughly $6 million in the first four months of 2024. This decline can be […]
Bitcoin Wallets Resurface After Decade-Long Dormancy
Launch App Monday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 06 May 2024 According to a Chainalysis report, there are around 1.75 million Bitcoin addresses that have been inactive for over a decade, holding substantial amounts of BTC. A dormant Bitcoin address from the Satoshi Nakamoto […]
BTC-e Co-Founder Pleads Guilty for $9B Crypto Money Laundering
Launch App Sunday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 05 May 2024 Alexander Vinnik, co-founder of cryptocurrency exchange BTC-e, has pleaded guilty to charges related to a $9 billion money laundering conspiracy. Vinnik’s plea follows a detailed investigation revealing illegal activities facilitated by the exchange […]
GBTC Records First Positive Inflow Since Launch of Bitcoin ETFs
Launch App Saturday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 04 May 2024 Grayscale Investments’ Grayscale Bitcoin Trust (GBTC) has marked its first day of net positive inflows, reversing a trend of consistent outflows since the introduction of Bitcoin ETFs in January. On May 3, GBTC […]
Bitcoin Miners Remain Resilient Despite Sharp Drop in Revenue
Launch App Wednesday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 01 May 2024 Despite a significant decrease in Bitcoin mining revenue since the halving event, CryptoQuant CEO Ki Young Ju reports that miners remain resilient without showing signs of capitulation. Following the April halving event, Bitcoin […]
Solo Bitcoin Miner Earns $200,000 for Validating Block 841,286
Launch App Monday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 29 April 2024 A single Bitcoin miner defied the odds by solving a block on their own, securing the entire 3.125 Bitcoin (BTC) reward worth approximately $200,000. On April 28, Con Kolivas, a software engineer and […]
Block Ventures into Bitcoin Mining and X Payment System
Launch App Saturday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 27 April 2024 X’s Payment System: Expanding into a Financial Ecosystem Social media platform X is set to integrate a wide range of financial services into its network. Christopher Stanley, X’s head of payments, outlined plans […]
Bitcoin Optimal Buying Time Indicated by 2 On-Chain Metrics
Launch App Thurday Newsletter Explore the latest trends, gain valuable insights, and stay informed in the dynamic cryptocurrency ecosystem. 25 April 2024 A crypto analyst has noted that Bitcoin Chain Metrics has just experienced one of the “healthiest market resets” he has witnessed in a long time. Bitcoin, which is currently priced at $63,996, may […]