election
* Bitcoin investors should expect low returns in September, historically the worst month for Bitcoin's price action. * Few catalysts for Bitcoin in the coming weeks, with focus on macroeconomic data and monetary decisions. * The fourth quarter has historically been strong for Bitcoin, with October and November showing significant gains.
bill
* North Carolina's General Assembly passes bill banning state from implementing a US Federal Reserve-issued CBDC. * Senate overrides Governor Cooper's veto with a 27-17 vote in favor. * Bill prohibits state from accepting CBDCs as payment and participating in future CBDC tests. * 12 Democrats flip their position to
blockchain
* Rollups are gaining attention as a scaling solution for Bitcoin, surpassing the Lightning Network. * Rollups aim to be an off-chain layer two that overcomes liquidity limitations. * They function by holding user balances in a single account and using merkle trees. * Users can exit the rollup without permission by proving their
accusations
* Montenegro's prime minister lied to the president about knowing Do Kwon on the day of his arrest. * President Milatović confronted the prime minister during a political party meeting. * Former PM Abazović alleged that the prime minister met Do to purchase Terra/Luna tokens. * SEC filings confirm the prime
bitcoin
* The 11 US-based spot Bitcoin ETFs experienced net outflows of $1.2 billion in eight days. * These outflows mark the longest streak of withdrawals since the ETFs launched in January. * Bitcoin's price drop in September contributed to the outflows. * Historically, September has been a challenging month for BTC
bitcoin
* Bitcoin ETFs in the US have not lived up to the hype and are still a "small tourist tool." * Recent outflows, losses for holders, and lack of institutional investment indicate the market needs more time to mature. * Over $1 billion in net outflows from US Bitcoin ETFs in
bitcoin
* Tokyo Electric Power Company (TEPCO) is mining Bitcoin using excess renewable energy. * TEPCO's subsidiary, Agile Energy X, has installed mining rigs next to solar farms in Japan. * The initiative helps reduce wasted green energy and incentivizes renewable energy growth. * Bitcoin mining can turn waste and surplus energy into
crypto
* The North Korean entity responsible for the hack on India's WazirX crypto exchange moved over $11 million in stolen ether (ETH) to Tornado Cash. * The aim was to mask the transaction trail and clean the online trail. * The breach in July resulted in the loss of over $100
bitcoin
* The low order book liquidity suggests a potential bull reversal. * Negative funding rates indicate a potential short squeeze. * The market is moving into a positive macro environment for Bitcoin. * Market depth drying up is a pattern observed at market turning points. * Low liquidity in the order book often coincides with
capital
* Halo Capital, a new $25 million fund, launched by Bhavin Vaid and Daniel Howard * Fund focuses on data-driven and research-based investing with a generalist approach * Already made investments in DePIN project Andrena and stablecoin protocol Bima * Asylum Ventures, a $55 million generalist fund, also announced with Notation Capital founder Nick
coins
* Community takeovers of meme coins could lead to legal issues, including misleading marketing and fraud. * The Nala Cat brand and the team behind Solana meme coin Shark Cat have reached an agreement. * Legal experts warn that meme coin projects could face legal trouble for falsely claiming endorsements from influencers. * Community
bitcoin
* Stacks, the Bitcoin network's smart contract layer, reached a new all-time high of over 1,400 monthly smart contracts deployed. * The record high comes ahead of the full activation of the Nakamoto upgrade, expected to revolutionize Bitcoin-based decentralized finance (DeFi). * The Nakamoto upgrade will enhance performance and security