The Inflow of Funds into Bearish Bitcoin Funds Has Declined
The influx of funds into crypto-based investment products amounted to $15 million from July 2-8.
The influx of funds into crypto-based investment products amounted to $15 million from July 2-8.
Cryptocurrency miners have shut down operations in Texas amid heatwave-driven peak electricity demand.
OKX has just announced a sponsorship agreement with Premier League football club Manchester City for the 2022-2023 season.
Mike Novogratz, CEO of Galaxy Digital, said in mid-June that Bitcoin should hold around $20,000.
Between April and June, there were 50 hacks that caused crypto platforms to lose more than $670 million.
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
The bank has said that cryptocurrencies pose threats to the stability of global and local financial systems.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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