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Newswire > August, 2024
August, 2024

August, 2024

Bitcoin’s Puell Multiple struggles to recover post-April halving decline
Onchain Highlights DEFINITION:The Puell Multiple is calculated by dividing the daily issuance value of bitcoins (in USD) by the 365-day moving average of daily issuance value.  The Puell Multiple met...
El Salvador’s Bitcoin City port transformation secures $1.6 billion investment
El Salvador President Nayib Bukele announced that Turkish company Yilport Holdings will invest $1.6 billion—the largest private investment in the nation’s history—to upgrade two ports, including...
Family fears for detained Binance exec’s declining health in Nigeria
The family of Tigran Gambaryan, the Binance executive detained in Nigeria, reported that he is being denied proper access to his legal team, and his health is rapidly declining, according to an Aug. 1...
Ethereum accounts for 88% of crypto investment products’ $176 million inflow
Crypto investment products experienced significant inflows of $176 million as investors capitalized on recent price dips...
Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy
Marathon Digital Holdings, Inc. has announced a proposed private offering of $250 million in convertible senior notes, with the proceeds primarily aimed at acquiring bitcoin and supporting general cor...
Bitcoin’s maturity reflected in declining volatility trends
Quick Take Bitcoin, often dubbed “digital gold,” shares some characteristics with the precious metal, though the two...
How different Bitcoin Fear & Greed indexes calculate market sentiment
As provided by several different platforms, the Fear and Greed (F&G) indexes for Bitcoin offer varied methodologies and insights into market sentiment. Each platform employs unique metrics to gauge ...
New Crypto Scam Using QR Codes To Deceive Users Into Authorizing Wallets Spreads: Bitrace
A new crypto scam utilizing QR codes to trick users into authorizing wallets is spreading, according to crypto data analytics firm Bitrace. In a lengthy thread on the social media platform X, Bitrace ...
Institutional Inflows to Crypto Products Rebound As Ethereum Benefits Most From Correction: CoinShares
Digital assets manager CoinShares says that institutional crypto investors poured hundreds of millions in capital into digital asset investment products last week. In its latest Digital Asset Fund Flo...
Solana Rival Sui Explodes 148% From Lows in Sudden Resurgence Despite Large Token Unlocks
Layer-1 blockchain Sui has printed more than a 2x from its lows in the last seven days, outperforming most of the top 100 altcoins. After hitting the $0.45 level on August 5th, SUI traded for $1.12 ea...
Newswire > August, 2024
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