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Bitcoin’s Tough Month: Glassnode Points to Short-Term Holders as Risk Factor
Bitcoin’s Tough Month: Glassnode Points to Short-Term Holders as Risk Factor

The selling pressure from short-term holders may exasperate a potential dip in September.

CryptoNews·2024/09/06 23:03
Helium Price Soars as Mobile Subscribers Hit 112K Milestone
Helium Price Soars as Mobile Subscribers Hit 112K Milestone

This growth is notable, especially since just two months ago, surpassing 100,000 subscribers had already spiked HNT's price by 40%.

Cryptotimes·2024/09/06 17:32
The Daily: Ethereum Foundation's financial report, Japan's megabanks' stablecoin trial, spot Bitcoin ETFs continue to bleed and more
The Daily: Ethereum Foundation's financial report, Japan's megabanks' stablecoin trial, spot Bitcoin ETFs continue to bleed and more

The Ethereum Foundation plans to release a financial report “relatively soon” to address community concerns surrounding its spending, according to researcher Justin Drake.Japan’s three major banks, MUFG, SMBC and Mizuho, are set to test a cross-border stablecoin transfer platform dubbed “Project Pax.”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.The following article is adapted from The Block’s newslette

The Block·2024/09/06 17:15
DOGS Price Surge: 40 Billion Tokens Airdropped in 48 Hours – Is a Bigger Rally Ahead?
DOGS Price Surge: 40 Billion Tokens Airdropped in 48 Hours – Is a Bigger Rally Ahead?

DOGS has dipped after its team airdropped 40 billion tokens over the past two days, yet its recent momentum should help it recover soon.

CryptoNews·2024/09/06 16:30
US Fed Issued Cease and Desist Order Against Crypto-Friendly United Texas Bank
US Fed Issued Cease and Desist Order Against Crypto-Friendly United Texas Bank

UTB faces a 90-day deadline to overhaul its AML and risk management programs, following an investigation into its crypto clientele practices.

Cryptopotato·2024/09/06 16:00
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