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According to a report by CryptoQuant, the slowing growth of Bitcoin whale assets could indicate a bearish trend for the cryptocurrency’s price.
According to Matthew Siegel, the company’s head of digital asset research, financial giant VanEck is actively buying Bitcoin (BTC).
The price of Bitcoin (BTC) fell 12% in the second quarter, but that didn’t stop institutional investors from significantly increasing their investments in BTC ETFs, according to a report released by asset manager Bitwise on Monday.
Malaysian officials have dismantled 985 bitcoin mining rigs valued at approximately 1.98 million Malaysian ringgits ($452,500), as part of an ongoing effort to combat electricity theft associated with cryptocurrency mining.
On Tuesday, U.S. Bitcoin exchange-traded funds (ETFs) saw a notable influx, with $88.06 million in net inflows.
BitFuFu, a cloud mining firm affiliated with Bitmain, has released its unaudited financial results for the second quarter of 2024, ending June 30.
It appears that Mt. Gox has moved approximately $75.36 million worth of Bitcoin to a Bitstamp wallet, potentially signaling an upcoming payout to creditors.