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July FOMC decision and its impact on Bitcoin and crypto prices

July FOMC decision and its impact on Bitcoin and crypto prices

The Federal Open Market Committee will deliver its July interest rate decision on Wednesday, a move that could impact Bitcoin and other crypto prices.Most cryptocurrencies traded in a tight range ahead of the Federal Open Market Committee decision. Bitcoin (BTC) was...

Grayscale debuts Bitcoin Mini Trust as spot BTC ETP on NYSE Arca

Grayscale debuts Bitcoin Mini Trust as spot BTC ETP on NYSE Arca

Grayscale Investments has launched its Bitcoin Mini Trust as a spot Bitcoin exchange-traded product on NYSE Arca, beginning trading today.Crypto management giant Grayscale announced in a July 31 press release that its Grayscale Bitcoin Mini Trust is now available for...

Donald Trump starts selling ‘Bitcoin Orange’ sneakers

Donald Trump starts selling ‘Bitcoin Orange’ sneakers

Trump recently announced the release of limited edition, Bitcoin-themed sneakers after his pro-crypto speech at Bitcoin 2024.Make shoes great again? Republican presidential candidate Donald Trump is riding his crypto momentum from Bitcoin 2024 and posted about his new...

Trump’s Bitcoin speech sparks $2.6m Polymarket dispute

Trump’s Bitcoin speech sparks $2.6m Polymarket dispute

Some Polymarket betters challenged the platform’s resolution of $2.6 million worth of wagers on Trump’s Bitcoin reserve pledge in Nashville.Last weekend, former U.S. President and Republican candidate Donald Trump informed 20,000 Bitcoin (BTC) 2024 attendees of plans...

Revealed: What causes Bitcoin’s selling pressure

Revealed: What causes Bitcoin’s selling pressure

Bitcoin ETFs and exchanges now have up to eight times more of an impact than miners, according to a new report.Sell-side pressure from miners is diminishing with each and every halving, a new analysis from Glassnode says.Meanwhile, centralized exchanges and ETF...

Bitstamp to distribute Mt. Gox Bitcoin by July 25

Bitstamp to distribute Mt. Gox Bitcoin by July 25

Following Kraken’s Mt. Gox distribution, Bitstamp has announced readiness to reimburse creditors of the defunct Bitcoin exchange. Crypto exchange Bitstamp confirmed receiving Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH) from the Mt. Gox Truste intended to...

ASIC market undergoes ‘significant repricing,’ analysts say

ASIC market undergoes ‘significant repricing,’ analysts say

Following Bitcoin’s April halving, which cut miners’ rewards, many mining models saw “significant drawdowns” in pricing, according to Hashrate Index.The ASIC market is undergoing significant changes as mining rigs are trying to adapt to a post-halving environment,...

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