03 Sep 2024
Bitcoin’s fifth epoch heralds potential for major price breakout amid stabilizing market
Onchain Highlights DEFINITION: Bitcoin price performance since halving cycles Bitcoin’s price trajectory across its five halving epochs highlights the influence of supply shocks on long-term market behavior. Epoch 1, where block rewards were 50 BTC, saw exponential growth, setting an early benchmark for the asset’s potential. Read more
VC funding for crypto startups soars to $634M in August
Venture capital (VC) funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain infrastructure secured nearly $460 million in funding, accounting for 72% of the total raised by crypto startups last month. Read more
Metaplanet Teams Up With SBI VC Trade for Bitcoin Custody
Metaplanet said it was adopting bitcoin as a reserve asset to hedge against the volatility of the yen in May and had accumulated a total of 360 BTC by mid-August. Read more
Bitcoin price nearly hits $60K but traders still see bearish September
Bitcoin’s early comeback may last just one week as the ninth month of the year also portends problems for gold. Read more
50% of Telegram tap-to-earn gamers are crypto noobs — Blum CEO
Telegram tap-to-earn games have “finally” brought the mass adoption to crypto the industry has waited for, says Blum founder and CEO Gleb Kostarev. Read more
Bitcoin headed for breakout or breakdown? Analysts weigh in
Analysts say upcoming rate cuts could be a boon for the Bitcoin price, but the market is still in “wait and see” mode. Read more
BNB Chain DEX volumes drop 24% in a week — Is BNB in trouble?
BNB price has struggled, but some investors claim Changpeng “CZ” Zhao’s release will pump BNB price even as network fundamentals worsen. Read more
Price analysis 9/2: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows. Read more
Crypto dominates biggest 2024 ETF launches: The ETF Store
Crypto exchange-traded funds make up 13 of the top 25 fund launches, the investment adviser said. Read more
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