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
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* 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
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* 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
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* 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
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* 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
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* US Federal Reserve research shows that the rate of cryptocurrency ownership has not increased despite the recent growth in the crypto market. * The Consumer Finance Institute found that crypto ownership decreased during the 2022 bear market and did not increase significantly during the market recovery. * Interest in future crypto purchases
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* The Ethereum Foundation plans to release a financial report soon, addressing community concerns about its spending. * The foundation spends around $100 million per year and currently holds about $650 million in its main Ethereum wallet. * The budget strategy is to spend 15% of remaining money each year, providing a financial
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* U.S. spot Bitcoin ETFs saw $211.1 million in net outflows on Thursday, marking the seventh consecutive day of negative flows totaling over $1 billion. * Spot Ethereum ETFs saw relatively minor movements on Thursday, with Grayscale's ETHE showing the only net outflows of $7.4 million. * Japan&
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* Privacy is a fundamental issue in using Bitcoin and the protocol itself does not provide inherent privacy protection. * Various tools and protocols have been developed to enhance privacy in Bitcoin transactions, such as Coinjoins and Chaumian Ecash. * Sparrow Wallet, a free and open-source Bitcoin desktop wallet, offers privacy features like
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* Blockstream launches series 3 of its security token, the Blockstream Mining Note 2 (BMN2). * BMN2 is an EU-compliant security token available to qualified, non-U.S. investors. * Each BMN2 security token entitles holders to the bitcoin produced by 1 PH/s of Blockstream's mining hash rate. * The token aims
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* U.S. spot Bitcoin ETFs saw $37.29 million in outflows, extending negative flows for six days. * Grayscale's GBTC led the outflows with $34.25 million, while Bitwise's BITB saw net inflows of $9.46 million. * Fidelity's FBTC and VanEck's HODL also
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* Ether futures volumes on CME declined 28.7% in August, reaching the lowest level since December 2023. * Volume in ether options also fell 37% in August. * This decline suggests lower institutional interest in ether, potentially due to the launch of spot ETH ETFs and seasonality effects. * In contrast, bitcoin futures