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News Explorer — Bitcoin Nears $110,000 as Inflation Data Looms

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Jun 11, 12:41 am

Decrypt

Bitcoin Nears $110,000 as Inflation Data Looms

Bitcoin remained above $110,000, driven by institutional buying and anticipation of U.S. inflation data. Analysts predict a potential delay in rate cuts if inflation rises, impacting risk assets. Despite this, the market sentiment remains positive with ongoing institutional investments.

Bitcoin remained above $110,000, driven by institutional buying and anticipation of U.S. inflation data. Analysts predict a potential delay in rate cuts if inflation rises, impacting risk assets. Despite this, the market sentiment remains positive with ongoing institutional investments.

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Aug 13, 5:57 am

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Treasury Secretary Bessent Calls for 50bps Rate Cut in September, Why That Matters for Crypto

U.S. Treasury Secretary Scott Bessent suggested a 50-basis-point rate cut in September due to weak job revisions and Jul... Read Summary

Aug 13, 6:18 am

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Solana, Chainlink Rise Amid Market Rally Driven by Optimism for September Rate Cut

Solana and Chainlink surged over 12% each in the past 24 hours, with Ethereum, Cardano, Dogecoin, Sui, and XRP also expe... Read Summary

Aug 12, 10:13 pm

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Did Monero Suffer a 51% Attack? Mining Pool Says Move Will 'Help' XMR Network

Qubic claimed to have gained control of Monero after a 51% attack, raising concerns about blockchain security vulnerabil... Read Summary

Aug 12, 9:00 pm

Coindesk

Kazakhstan Firm to Launch First Spot Bitcoin ETF on Astana International Exchange

Kazakhstan, a major bitcoin mining country, will host central Asia's first spot bitcoin exchange traded fund (BETF) on t... Read Summary

Aug 12, 8:20 pm

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Peter Thiel Backs Another Ethereum Treasury, Tripling Share Price

A recent SEC filing revealed that tech billionaire Peter Thiel and related entities acquired a 7.5% stake in 180 Life Sc... Read Summary

Aug 12, 7:53 pm

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Monero Price Dives After Purported 51% on XMR Chain: Analysis

Monero, the privacy coin, is down almost 25% in the last month due to a 51% attack by rival project Qubic, causing panic... Read Summary

Aug 12, 7:12 pm

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Ethereum ETFs See Record Surge as ETH Nears All-Time High

Over $1 billion flowed into Ethereum ETFs on Monday, setting a new record and pushing the asset's price above $4,500. Th... Read Summary

Aug 12, 6:16 pm

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Ethereum Surges Towards All-Time High, Topping $4,500 for First Time Since 2021

Ethereum's price surged past $4,500, marking a 26% increase in the last week and over 50% in 30 days. The cryptocurrency... Read Summary

Aug 12, 5:41 pm

Decrypt

Tom Lee's BitMine Raising Another $20 Billion to Buy Ethereum

Bitmine Immersion plans to raise $24.5 billion through a common stock sale, increasing its target by $20 billion to purc... Read Summary

Aug 12, 4:21 pm

Coindesk

Crypto Trading Dominates eToro's Q2 Revenue

In the second quarter, eToro's revenue from crypto trading accounted for 91% of its total revenue, slightly lower than t... Read Summary

Aug 12, 4:38 pm

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Bitcoin Depot ATM Firm Sees Profit Surge in Q2

Bitcoin Depot reported a $12.3 million profit in the second quarter, with a 183% increase attributed partly to the rise... Read Summary

Aug 12, 3:06 pm

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Banned? Hardly. Coinbase Ad Still Visible on Channel 4's YouTube

Sources reveal that a supposedly banned Coinbase ad is running on Channel 4's YouTube videos, contradicting claims of a... Read Summary

Aug 12, 1:49 pm

Coindesk

Patrick Witt Has Apparently Succeeded Bo Hines as Trump's Crypto Advisor

Bo Hines, President Trump's former crypto adviser, has been replaced by his deputy, Patrick Witt, who will now oversee t... Read Summary

Aug 12, 2:02 pm

bitcoinmagazine.com

Metaplanet and Smarter Web Company Boost Bitcoin Holdings, Showcasing Institutional Adoption Trend

Metaplanet and Smarter Web Company have significantly increased their Bitcoin treasury holdings, with Metaplanet acquiri... Read Summary

Aug 12, 1:11 pm

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Solana Meme Coins Fall, While Ethereum and Quality-focused Assets Gain Traction

Solana meme coins, including Chill House and Fartcoin, have dropped by double digits, underperforming the wider meme coi... Read Summary