tBTC Becomes the First Incentivized BTC Asset on EigenLayer
New York, NY, 17th September 2024, Chainwire
New York, NY, 17th September 2024, Chainwire
Based on the latest report from CoinShares, last week saw a $436 million increase in investment in digital assets through various products.
Microstrategy on Friday announced that it had purchased 18,300 bitcoins between August 6 and September 12 for a total of $1.11 billion.
According to Geoff Kendrick, an analyst at Standard Chartered, Bitcoin is likely to reach a new all-time high by the end of the year, regardless of the US presidential election results on November 5.
On Wednesday, the U.S. saw a significant decrease in net inflows for Bitcoin exchange-traded funds (ETFs), with a total of $43.97 million in outflows. This broke a two-day streak of positive inflows.
CleanSpark announced on Wednesday that they will purchase seven bitcoin mining facilities and accompanying land in Knoxville, Tennessee for a total price of $27.5 million, which equates to roughly $324,000 per megawatt.
On Friday, co-founder and former CEO of BitMEX crypto exchange Arthur Hayes stated that he predicts Bitcoin’s price will go below $50,000 over the weekend.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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