cryptobriefing
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Wisconsin state boosts BlackRock’s Bitcoin ETF shares, exits Grayscale Trust
Key Takeaways The State of Wisconsin increased its IBIT shares by 447,651 as of June 30. SWIB sold all its…
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US government-associated wallet moves $600 million in Bitcoin
Key Takeaways 10,000 BTC worth around $600 million has been moved from a government-linked wallet. The wallet involved is associated…
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Riot Platforms becomes largest Bitfarms shareholder with 18.9% stake
Key Takeaways Riot Platforms has become the largest shareholder of Bitfarms with an 18.9% stake. Both Riot and Bitfarms have…
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Bitcoin targets $65,000 as rate cut prospects strengthen, analysts suggest
Key Takeaways US July CPI inflation rate fell to 2.9%, below the expected 3%, potentially triggering a Fed rate cut.…
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Harris presidency might not be negative for crypto, CoinShares suggests
Key Takeaways Trump selects pro-crypto J.D. Vance as running mate for 2024 election. Harris’ crypto stance remains unclear, potentially less…
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Analysts forecast Ethereum to reach $6,000 in 2024
Key Takeaways Analysts predict Ethereum to reach an average of $6,404 by the end of 2024. Ethereum’s transition to proof-of-stake…
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Goldman Sachs holds $238 million in BlackRock’s Bitcoin ETF shares
Key Takeaways Goldman Sachs’s Bitcoin ETF holdings are valued at over $418 million as of June 30. Goldman Sachs is…
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Coinbase hints at possible wrapped Bitcoin token launch
Key Takeaways Coinbase’s potential cbBTC product follows closely after BitGo’s controversial WBTC management changes. Wrapped Bitcoin tokens allow Bitcoin to…
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Tether invests $3 million in Kem app to boost Middle East financial inclusion
Key Takeaways Tether invests $3 million in Kem app to introduce USDT and drive crypto adoption in the Middle East.…
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Solana L2 DEX could rival centralized exchange experience
Key Takeaways Zeta Markets is developing a Solana L2 blockchain to enhance DEX performance with faster trades and higher success…
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