TL;DR The price of Bitcoin has suffered corrections since March, driven by large sell-offs from whales and a massive token unlock, increasing the supply of altcoins in the market. The selling pressure has countered the positive flows from stablecoins and BTC ETFs,...
News Scrap
A Big Relief: WazirX Announces Full Fund Payouts Starting July 18, 2024, Ensuring Users Benefit Entirely from Bull Run Gains
A Big Relief: WazirX Announces Full Fund Payouts Starting July 18, 2024, Ensuring Users Benefit Entirely From Bull Run Gains - Bitcoinik HomeCrypto NewsA Big Relief: WazirX Announces Full Fund Payouts Starting July 18, 2024, Ensuring Users Benefit Entirely from Bull...
IMF Urges El Salvador to Reconsider Scope of Bitcoin Law in Growth Reform Talks
TL;DR The IMF is urging El Salvador to limit its Bitcoin law and restrict public sector participation in the use of this cryptocurrency. The IMF’s recommendations come amid talks to establish an agreement to support the country’s macroeconomic stabilization. President...
Bitwise files for Bitcoin and Treasuries rotation ETF
Bitwise files for Bitcoin and Treasuries rotation ETF Home » Markets » Bitwise files for Bitcoin and Treasuries rotation ETF The proposed funds will shift from a long-only investment approach to a more dynamic strategy that adjusts their exposure based on market...
Hyperliquid Surpasses $1.39B in Trading Volume, Leading Decentralized Swap Platforms
TL;DR Hyperliquid leads the trading volume of decentralized perpetual swaps, surpassing competitors like Jupiter and dYdX. Yesterday, the platform recorded $1.39 billion in daily volume, outperforming its rivals in the derivatives market. Its rapid growth is...
Sandy Mahl: 5 Things to Know About Garth Brooks’ Ex-Wife
View gallery Image Credit: MEGA Garth Brooks has recently faced scrutiny following accusations of sexual assault and rape made on Thursday, October 3, 2024, by a former a makeup artist and hairstylist. Although the 62-year-old singer has denied the allegations, the...
Ethereum’s ‘Ultrasound Money’ Myth Crushed as Inflation Surges to 2-Year High
TL;DR Ethereum’s inflation has reached 0.74%, the highest level in two years, raising doubts about its status as “ultrasound money.” The adoption of layer 2 solutions like Arbitrum and Optimism has reduced gas fees, limiting the burning of ETH and affecting the total...
Resurfaced clips, comments reveal what celebs knew about Diddy’s parties
Rapper Sean “Diddy” Combs is at the centre of shocking allegations since his arrest last month, and his infamous parties are now being called into question amid the legal turmoil. In a federal indictment unsealed Sept. 17, Combs was charged with racketeering, sex...
Tether in Trouble? Coinbase to Cut Unauthorized Stablecoins in Europe Before 2025
TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic currency in at least one member state. Coinbase will offer options for users to...