Bitcoin stagnates as bearish headwinds continue to blow
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops.
Bitcoin price falls as demand for leveraged long BTC futures and stablecoins drops.
In July 2024, Circle became the first stablecoin issuer to comply with the European Union’s Markets in Crypto Assets regulatory framework.
A total of nine out of 13 US-listed Bitcoin mining companies raised capital through stock offers in the second quarter of 2024.
Multiple analysts believe that Ethereum price is likely to touch new lows near $1,600.
Other investors in the round include PayPal, Lightspeed, Galaxy Ventures, Wintermute, F-Prime Capital, Slow Ventures and The Spartan Group.
The stablecoin issuer said there was a risk of a “respective loss for the holders of AEUR tokens” due to FlowBank’s bankruptcy in June.
According to data from DeFi Llama, the Tron network accrued $1.31 million in network revenue during the past 24 hours alone.
“There’s a sense of inevitability” that NFTs are the start of a renaissance in digital art says 24 Hours of Art’s RD: NFT Collector.
Low uptake of Grayscale’s Solana fund is an early indicator, she said.
The Bitcoin price could increase by over two-fold based on a key bull signal historically correlated with price rallies.