Ampera’s AMP rose 62% in the last 24 hours and continued its rally as on-chain metrics indicated whales have begun accumulating the altcoin, driven by its increasing utility. AMP (AMP) soared to a high of $0.0133 on Wednesday morning, marking…
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Bitcoin eyes $100,000 amid 74.5% probability of 25bps rate cut [btcmanager]
Bitcoin price is under the spotlight as markets anticipate a potential Federal Reserve rate cut that could drive fresh momentum. Notably, the CME FedWatch Tool has indicated a 74.5% possibility of a 0.25% rate cut by the Federal Reserve at…
Argo Blockchain posts $3.4m mining revenue despite dip in Bitcoin output [btcmanager]
Argo mined 39 BTC in November, generating $3.4 million in revenue despite a production drop from October. Bitcoin (BTC) mining firm Argo Blockchain has released its November production update, showcasing an increase in revenue despite a decline in Bitcoin mining.…
Argo Blockchain posts $3.4m mining revenue despite dip in Bitcoin output [btcmanager]
Argo mined 39 BTC in November, generating $3.4 million in revenue despite a production drop from October. Bitcoin (BTC) mining firm Argo Blockchain has released its November production update, showcasing an increase in revenue despite a decline in Bitcoin mining.…
South Korean martial law catapults crypto trading volume to new record high with $34b [btcmanager]
After the implementation of the South Korean martial law, the country’s five major crypto exchanges recorded a spot trading volume of over $34 billion in the past 24 hours, setting a new record high. According to data from CoinMarketCap, in…
Bitcoin exchange inflows surge, increasing the likelihood of a selloff [btcmanager]
Bitcoin started to see increased inflows into centralized exchanges from Dec. 1, hinting at a potential selloff. According to data provided by IntoTheBlock, the Bitcoin (BTC) exchange net flows surged from a net outflow of $69 million to a net…
Spot Bitcoin ETF inflows surge 90%, closing in on Satoshi Nakamoto’s BTC holdings [btcmanager]
Inflows into U.S. spot Bitcoin ETFs surged by over 90% on Dec. 3 compared to the previous day, bringing their total holdings closer to matching the Bitcoin stash attributed to founder Satoshi Nakamoto. According to data from SoSoValue, the 12…
Australia’s ASIC seeks stricter oversight of stablecoins, wrapped tokens [btcmanager]
Australia’s securities regulator has unveiled proposals for stricter oversight of the crypto market, aiming to enhance “consumer protection.” Australia is moving to tighten oversight of cryptocurrencies, pointing out “practical licensing issues” of stablecoins and wrapped tokens. In a Dec. 4…
Arbitrum One as the first layer-2 to reached $20 bilion in TVL [btcmanager]
Arbitrum, a cryptocurrency network, has announced on its official account that its layer-2 platform has reached $20 billion in total value locked (TVL). Arbitrum on X’s post on Dec. 03 claimed that the first layer-2 platform could reach $20 billion in total…
Pepe whale accumulation increases, long-term holders decline [btcmanager]
Pepe, a token inspired by the 2000s meme “Pepe the Frog,” is seeing a notable shift in whale activity and holder composition. According to data provided by IntoTheBlock, the Pepe (PEPE) large holder net flows shifted from a net outflow…