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October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?

October Boosts Bitcoin Miners’ Revenue—But How Will the Election Shift the Market?With bitcoin prices on the rise in October, miners are seeing a bit more cash in their pockets compared to the start of the month. The network’s hashprice, which represents the value of one petahash per second (PH/s) of hashpower, has climbed by over 14% this month. Meanwhile, the network hashrate is sitting just below […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

CME Fedwatch Favors Half-Point Cut Ahead of FOMC Meeting

CME Fedwatch Favors Half-Point Cut Ahead of FOMC MeetingIn just 40 days, the U.S. Federal Open Market Committee (FOMC) will gather to decide whether the central bank will lower the benchmark interest rate. This pivotal moment occurs two days after the 2024 U.S. Election Day. As it stands, CME futures data suggests that a half-point reduction is currently viewed as more probable than […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

Polymarket Open Interest Rebounds as August Set to Challenge July’s Record

Polymarket Open Interest Rebounds as August Set to Challenge July’s RecordPolymarket, the leading blockchain-powered predictions platform, saw its highest monthly volume to date in July. However, August has so far captured just over 68% of July’s total volume, with 13 days still remaining in the month. Polymarket’s August Performance Signals Potential for Record-Breaking Month According to data from theblock.co, August is shaping up to be […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity

Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’

Ripple CEO Blasts SEC Chair’s Crypto Remarks — Says ‘Gensler Will Cause Biden to Lose the Election’Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures could impact the upcoming election. He suggested that Gensler should be fired if he truly worked for the American people. Ripple CEO Brad Garlinghouse Criticizes SEC […]

Bitcoin Supply Shock: Cryptoquant Report Highlights Shrinking Sell-Side Liquidity