Bitcoin and jobs data are on a collision course this week, with the price pinned between $62,200 and $65,000 after the first economic release worked against the bulls. The ISM Manufacturing PMI printed 55.6 on Aug. 3, beating the 54.0 consensus and rising from June’s 53.3 to its highest reading since May 2022. New orders […]
Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet’s Alvin Kan says it can slow a disorderly slide without reversing the broader trend.
Bitfinex has released a significant analysis on Bitcoin’s supply dynamics, revealing that 54.6% of BTC supply is currently in profit. This data suggests that the average holder is nearly at breakeven. The insights provided by Bitfinex could potentially influence trader strategies moving forward. For more details, check the full analysis here. The Latest In a […]
KuCoin’s recent tweet sheds light on critical aspects of Bitcoin mining, particularly the fluctuations in output despite a consistent hashrate. The insights reveal that the Bitcoin protocol automatically adjusts mining difficulty, which can significantly affect daily BTC production. Understanding these fluctuations is vital for miners looking to optimize their operations and maximize profitability, as outlined […]
Senate Majority Leader John Thune says he still expects a floor vote on the CLARITY Act this week, even as the chamber has just four legislative days left before its August recess. A Vote “This Week,” Again Thune’s latest comments repeat a promise he has made and walked back before. As recently as July 23, […]
Liverpool’s pursuit of Barcola signals a strategic shift, emphasizing long-term planning over immediate positional needs post-Salah. The post Liverpool targets Bradley Barcola in potential €100M-plus deal as Salah era ends appeared first on Crypto Briefing.
The Iran-Oman deal could reshape global shipping norms, influencing international maritime law and economic dynamics in the region. The post Iran, Oman near deal to control hormuz traffic and charge ‘service fees’ appeared first on Crypto Briefing.
Coinbase has announced plans to migrate its institutional clients’ accounts to Deribit, the world’s largest crypto options exchange. This significant shift will take effect on September 9, and trading will pause for about 30 minutes during the transition. Clients who opt out of the migration must close their positions by August 28, as detailed in […]
The incident underscores ongoing instability in Crimea, potentially affecting conflict dynamics and market perceptions of Ukraine’s strategic advances. The post Soldier kills four, including civilians, in crimea, moscow-installed governor says appeared first on Crypto Briefing.
Solana has been highlighted for having the largest volume of pre-IPO artificial intelligence stocks, specifically Anthropic and OpenAI, according to a tweet from @solana. This development indicates a growing interest in AI-related investments within the crypto space, particularly as these stocks are fully backed by SPV exposure and are freely tradable 24/7. The implications for […]
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