August, 2024

August, 2024

Metaplanet stock soars 20% as firm agrees to 1 billion yen loan to fund Bitcoin acquisition
Tokyo-listed Bitcoin investment firm Metaplanet plans to secure a loan of ¥1 billion, equivalent to $6.8 million, to increase its Bitcoin holdings, according to an Aug. 8 statement. Earlier in the we...

New listing for Toncoin causes 10% surge despite Binance ‘curse’ concerns
Binance, the leading crypto exchange by trading volume, announced it will list Toncoin (TON) today, Aug. 8. The exchange will enable spot trading for Toncoin with several pairs starting at 10:00 UTC. ...

Leveraged short positions close to $1 billion liquidation as Bitcoin climbs
Quick Take Bitcoin experienced a notable drop on Aug. 5, falling to $49,000—the lowest price since mid-February. Howev...

WazirX to restore balances of accounts, undo all trades affected by hack
WazirX has announced the restoration of user balances and the reversal of trades conducted between July 18 and July 21. This decision follows a $230 million attack that disrupted platform operations o...

Defunct FTX and Alameda banned from crypto trading in $12.7 billion CFTC settlement
US District Judge Peter Castel has approved a $12.7 billion settlement in a case involving the US Commodity Futures Trading Commission (CFTC), the bankrupt FTX exchange, and its affiliate, Alameda Res...

Rise in Bitcoin OTC desk balance hits 328,000 BTC, highest since June 2022
Quick Take According to recent data from CryptoQuant, the balance of Bitcoin on over-the-counter (OTC) desks has surged,...

SEC seeks public input on NYSE proposal for Ethereum ETF options
The US Securities and Exchange Commission (SEC) is inviting public comments on a proposal from New York Stock Exchange (NYSE) American LLC to list and trade options on Bitwise and Grayscale‘s spot E...

BlackRock’s IBIT spearheads Bitcoin ETF inflows with $52.5 million inflow
Quick Take Bitcoin Farside data shows that the Bitcoin (BTC) exchange-traded funds (ETFs) experienced an inflow of $45.1...

Analyst Says Solana (SOL) Looking ‘Pretty Strong’ Against Bitcoin (BTC) – Here’s His Outlook
A widely followed crypto analyst says that smart contract platform Solana (SOL) is likely to outperform Bitcoin (BTC) in the short term. In a new strategy session, pseudonymous crypto trader Credible ...

Crypto Trader Says Ethereum Rival Primed To Plunge Lower in a Few Weeks, Updates Outlook on Bitcoin and FET
A closely followed crypto analyst says that one Ethereum (ETH) competitor may retest lower levels within weeks. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 219,200 f...

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B&T Television

November