4 Jun 2024:
Qatar Central Bank launches first phase of CBDC project
The Qatar Central Bank (QCB) announced the completion of infrastructure development for its Central Bank Digital Currency (CBDC) project. This marks a significant milestone in QCB’s efforts to embrace digital financial transformations. Read more
Spot Ethereum ETFs will legitimize crypto, lead to ETH supply crunch – Integral
The launch of spot Ethereum ETFs is expected to cause a supply crunch, according to crypto accounting firm Integral. This mirrors the sentiment around spot Bitcoin ETFs, which have experienced record inflows. Read more
Bitcoin realized cap approaches $600 billion, signals rising investor confidence post-halving
Bitcoin’s realized cap has shown substantial growth, approaching $600 billion. This reflects rising investor confidence following the recent halving event. Read more
Bitcoin active addresses plummet to five-year low
Bitcoin’s active addresses have dropped to a five-year low following the April 2024 halving. This metric measures the number of unique addresses active in the network, either as senders or receivers. Read more
Bitcoin hash rate plummets to 567 EH/s: steepest 7-day decline since July 2021
Bitcoin’s hash rate has dropped to 567 exahashes per second, marking its lowest point since the post-halving period and indicating ongoing miner capitulation. Read more
Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending
Bitcoin’s price nears $70K as blockchain data indicates long-term holders have stopped selling, sparking hopes that the recent correction may be ending. Read more
Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says
A Marquette University professor suggests that more US states may follow Wisconsin in investing in Bitcoin ETFs, highlighting Bitcoin’s potential for high returns and diversification benefits for state pension funds. Read more
Bitcoin ETFs make 26% of BlackRock’s 2024 inflows, 56% of Fidelity’s
Bitcoin ETFs have become significant for BlackRock and Fidelity, making up 26% and 56% of their 2024 inflows, respectively. Read more
Hackers exploit Chrome plugin to steal millions from Binance accounts
Hackers used a malicious Chrome plugin to steal cookies from users, allowing them to bypass security measures and access Binance accounts, resulting in significant financial losses. Read more
Bitcoin transaction value hits yearly high with $25B moved
Bitcoin transaction value reached a yearly high, with over $25 billion moved in a single day, highlighting increased activity and interest in the cryptocurrency. Read more
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