Key Takeaways Peckshield flagged roughly 14.9 billion unbacked SAND minted across two addresses on August 21. The Sandbox disabled Base and BSC bridging subsequently, shielding Ethereum and Polygon-based SAND holders. The Sandbox is preparing LP compensation as Coinbase plans to delist SAND futures on August 26. Exploit Hits Base and BSC Bridges Sandbox, the metaverse…
Key Takeaways A study shows strict EU carbon could be driving bitcoin miners to shift operations to Russia. Companies maximize profit by powering down EU rigs and booting up Russian ones during costly times. However, new 2025 Russian crypto mining bans could restrict this operational relocation strategy. Study Suggests High EU Carbon Pricing Causes Mining…
Key Takeaways Bitcoin hashprice jumped 20.41% in 4 days, lifting miner revenue to $38.29 PH/s. Foundry USA leads 133 mining pools as Bitcoin’s hashrate closes in on 1 ZH/s. Newhedge.io stats show BTC miners have earned $682.69M in August, still chasing July’s $875M haul. Bitcoin Mining Revenue Rises Bitcoin miners are finally catching a break…
Key Takeaways After the failed BIP-110 fork, another hard fork is now barreling toward Bitcoin, this time creating a new crypto asset called ecash (ECX). Paul Sztorc, the developer behind Drivechains and BIP 300/301, crafted the idea. While nearly every BTC holder gets ECX 1:1, a slice of Satoshi’s addresses gets cut out. The launch…
Key Takeaways Kiyosaki characterized expanded Treasury buybacks as money printing. Treasury doubled certain long-term buybacks to at least $4 billion. Kiyosaki again favored bitcoin, gold, silver, and some real estate. Kiyosaki Calls Treasury Buybacks Money Printing Renewed concern about the dollar prompted Rich Dad Poor Dad author Robert Kiyosaki to endorse scarce assets after characterizing…
Key Takeaways Standard Chartered says its $100,000 bitcoin forecast may be too low. Bitcoin climbed to $79,500 on Aug. 21, its highest level since May. Bitcoin ETF inflows reached approximately $1.92 billion over five sessions. Record Short Liquidations Reshape Bitcoin Outlook Bitcoin’s sharp recovery has raised the possibility that Geoffrey Kendrick’s $100,000 year-end forecast may…
Key Takeaways Grayscale sees three factors aligning for long-term bitcoin buyers. The current bear market is approaching the length of previous cycles. Higher interest rates remain a potential source of further downside. Grayscale Sees 3 Factors Converging for Bitcoin Buyers Bitcoin may now offer a worthwhile buying opportunity for investors with long-term horizons, according to…
Key Takeaways A whale sold 7,700 BTC (about $576.6 million) between August 19 and 22. Bitcoin currently trades near $77,000, up more than 20% for the week. The sale follows a 43,000 BTC whale accumulation wave that ended last week. Whale Offloads $577 Million in Three Days An unidentified wallet sold 2,700 BTC worth roughly…
Key Takeaways Galaxy says bitcoin’s 50-week average near $82,470 is the key bear-market recovery signal. Galaxy found bitcoin held 11 of 13 weekly reclaims, outperforming shorter-term signals. Bitcoin needs a weekly close above $82,000 to strengthen the case that June 30 marked the bottom. Galaxy Finds 11 of 13 Bitcoin 50-Week Reclaims Held After Bear…
Key Takeaways Bitcoin ETFs gained $1.92B in five days, with Blackrock’s IBIT driving Friday’s $307.45M inflow. Ether added $697.18M for the week as XRP and solana flows broadened institutional demand. Bitcoin ETF assets hit $96.07B, putting the $100B threshold back within reach. Ether ETFs Add $184.93M as Demand Stays Strong Wall Street’s crypto bid held…
