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Bitcoin

ZachXBT Links $305M DMM Bitcoin Hack to Lazarus Group: Suspected North Korean Involvement

July 15, 2024 by Arnold Potts

In a recent development in the world of cryptocurrency, ZachXBT has raised suspicions that the $305 million hack of DMM Bitcoin, a Japanese crypto exchange, may be linked to the Lazarus Group, a notorious group with ties to North Korea. The on-chain …

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German Government Liquidates Bitcoin Holdings, Wallet Emptied to $1

July 14, 2024 by Arnold Potts

The German government has made headlines in the cryptocurrency world after selling off all its Bitcoin holdings, leaving its wallet with a mere $1.85 balance. This move was confirmed by Arkham Intelligence, a blockchain analytics firm, which reported that the government transferred …

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US PPI Inflation Rises to 2.6%: Impact on Bitcoin Traders

July 14, 2024 by Arnold Potts

The Producer Price Index (PPI) inflation in the United States has risen to 2.6%, according to the latest release by The U.S. Bureau of Labor Statistics on Friday. This unexpected increase has caused traders to become cautious about potential Federal Reserve rate …

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Bitcoin Cools Down After Q1 Speculative Frenzy: Is a Bull Run Possible?

July 14, 2024 by Arnold Potts

Bitcoin, the leading cryptocurrency, has experienced a cooling period after a speculative frenzy in the first quarter of 2024. The crypto market is known for its cycles of exuberance and downturns, and recent data suggests a potential turning point for Bitcoin. Capriole …

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JPMorgan Predicts Bitcoin and Crypto Market Rebound in August

July 13, 2024 by Arnold Potts

Investment banking giant JPMorgan has made a bold prediction regarding the future of Bitcoin and the broader cryptocurrency market. According to a recent statement from the bank, a massive rebound is expected to take place in August. This news comes amidst ongoing …

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Bitcoin Whales Stockpiling Cryptocurrency: CryptoQuant Report

July 12, 2024 by Arnold Potts

Bitcoin whales are on an accumulation spree as the cryptocurrency trades below $60,000, according to a report by CryptoQuant. The analytics firm revealed that whales and long-term holders have been increasing their Bitcoin balances at a rate of 6.3% per month, indicating …

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Sei Token Surges 13% with Launch of Mainnet Beta v2

July 11, 2024 by Arnold Potts

Sei, the native token of Layer 1 blockchain Sei, has experienced a significant surge of 13% following the launch of the beta version of its Sei v2 mainnet. This surge has been attributed to the network’s claim that it is the “most …

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HIVE Digital Boosts Stock by 9% with Strategic Bitcoin Purchases

July 10, 2024 by Arnold Potts

Bitcoin Miner HIVE Digital Buys BTC Dips, Stock Jumps 9% In the midst of a turbulent period for Bitcoin miners, Canadian BTC miner HIVE Digital has stood out by actively buying the dips in the market. Despite reports of miner capitulation in …

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BlackRock’s BUIDL Fund Surges with $5 Million Inflows Despite Market Turbulence

July 10, 2024 by Arnold Potts

BlackRock’s BUIDL fund has defied market turbulence by attracting over $5 million in assets in just one week, according to recent data from market analytics resource IntoTheBlock (ITB). Despite the ongoing struggles in the crypto market, the Ethereum-based BUIDL fund has continued …

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Bitcoin Sell-Off Presents Rare Opportunity for BTC ETF Bargain Hunters

July 9, 2024 by Arnold Potts

Bitcoin’s dramatic sell-off has sent shockwaves through the market, presenting buy-and-hold bulls with a rare opportunity to scoop up BTC ETF shares at bargain prices. Spot BTC prices plummeted to a four-month low on Friday as markets braced for billions of dollars …

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