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The world’s largest crypto asset manager is still hemorrhaging Bitcoin with the largest outflow recorded this month, however other funds are inflowing more.
Daily bitcoin mining revenue surpassed its previous 2021 high over the weekend, The Block data showed.
The price of Bitcoin has pushed to reach new all-time highs above $72,000, spurred by record-breaking weekly inflows into crypto funds.
This represents a change in course for Trump, who previously told the BBC that bitcoin “seems like a scam.”
For the first time, a major Ethereum hard fork launches on another chain first
Telegram bot users may come out as the latest winners for Jito’s mempool suspension
The MicroStrategy chairman argued the United States, Europe and China would be much more likely to embrace Bitcoin if it were seen as digital property, not a medium of exchange.
Bitcoin started another record-setting week Monday, hitting a price of $72,846.65 according to Coinbase
- 22:43Market leverage surges, Ethereum shorts reach historic highThe open contracts of Ethereum futures have exceeded 20 billion US dollars, setting a new record and highlighting the intensification of speculative activities. The rise in short positions indicates that more and more traders are betting on the price drop of Ethereum. At the same time, it is estimated that the leverage ratio (ELR) has reached its peak, reflecting a higher dependence on borrowed funds - this method amplifies the possibility of rapid liquidation.
- 22:43Tether has minted an additional 2 billion USDT on EthereumAccording to Whale Alert monitoring, Tether Treasury minted an additional 2 billion USDT on Ethereum around 6:08 Singapore time. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchange.
- 22:42Musk: Insane government spending is driving the United States into bankruptcyMusk tweeted on X, "Crazy government spending is driving the United States into bankruptcy."
