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View More NewsBitcoin near $63,500 looks like more summer torpor, capped below $64,000 and holding above the low-$60,000s, but the flow picture underneath has reversed, said Yusuf Fakhro, partner at ARP Digital, in a note to CoinDesk.US spot ETFs took in more than 14,000 BTC over five days into August 7, he said, the strongest stretch since May, and Q3 has drawn roughly 11,000 BTC of net inflows against 110,000 BTC of outflows in the back half of Q2. The institutional selling that defined the second quarter has flipped to buying.Spot volumes have fallen to two-and-a-half-year lows, perpetual volumes to three-year lows,…
Tom Lee’s Bitmine Immersion Technologies, an Ethereum treasury company, resumed its Ether purchases last week, bringing it closer to a key business target of owning 5% of the second-biggest cryptocurrency’s supply despite challenging market conditions.The company disclosed Monday that it acquired 9,926 Ether (ETH) during the week ending Aug. 16, bringing its total holdings to roughly 5.82 million ETH, or about 4.8% of Ethereum’s circulating supply. At an ETH reference price of $1,893, Bitmine’s Ether holdings were valued at roughly $11 billion. However, much of the company’s ETH was acquired at significantly higher prices.Ether’s price was little changed on Monday,…
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The blockbuster success of Christopher Nolan’s The Odyssey has led to a massive spike in demand for Homer’s original text. At one Brooklyn book store visited by a Guardian reporter, more than a dozen different editions of the Odyssey were on prominent display. Over the last month, a staffer said, sales had multiplied “several thousand per cent.”I fear many of these new readers will come away disappointed, as the ruthless 2,800-year-old version of Odysseus whom Homer conjured is quite unlike the more modern, guilt-addled protagonist that reviewers have found in Matt Damon’s performance. As Charlotte Allen argued in this space…
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from the maximum-cruelty,-zero-accountability dept Two murders in less than a week. That’s how the surge went in Minneapolis — a city targeted because the…
“We have collected full evidence of the content on X, all of which is fabricated rumors,” Lee said. “During daytime US time, we will…
The US Department of the Treasury issued a notice of proposed rulemaking related to the implementation of the Guiding and Establishing National Innovation for…
In brief The SEC abruptly canceled a Friday open meeting that would have launched formal rulemaking on Regulation Crypto Assets, a new framework for…
Crypto asset manager Bitwise has called Hyperliquid “one of the most mispriced assets in crypto today,” despite its outperformance so far this year.“Hyperliquid is…
Former Winnipeg police officer Matthew Kadyniuk accepted a two-year non-custodial sentence after pleading guilty to breach of trust and theft under $5,000 ($3,638 U.S.).…
Everyone is building non-dollar stablecoins. But data shows that compared to USD-denominated stablecoins, almost no one is using them. Read the full article here
GitHub said on Wednesday it is investigating unauthorized access to its internal repositories following the compromise of an employee’s device. “While we currently have no…
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Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell. Read the full article here
AI Financial Corp., a World Liberty Financial token treasury company, said its working capital deficit and liabilities are casting significant doubt on its ability…
BSC’s quantum-security test worked, but bigger transaction data slowed network throughput by about 40%. Read the full article here