Elon Musk Can’t Wait to Reform US Government Spending and Regulations

September 4, 2024 Bitcoin.com

audit

Tesla CEO Elon Musk has expressed his eagerness to tackle excessive waste and regulations in the U.S. government, responding to a report that former President Trump is considering him for a role in auditing federal agencies. Musk emphasized the need to reduce wasteful spending to curb inflation and proposed forming a “government efficiency commission” to […]

<div>Bitcoin 'diamond hand' sell-off risks outpacing ETF inflows at K</div>

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Russian Economy Sees Growth Despite Western Sanctions and Declining Imports

September 2, 2024 Bitcoin.com

bitcoin.com

The Russian economy has experienced substantial growth across various sectors, with unemployment rates remaining historically low, despite ongoing Western sanctions related to the Ukraine conflict. Industrial production, driven by military manufacturing, saw a 3.3% increase in July, and the GDP growth rate for the first half of the year reached 4.6%, compared to 1.8% in […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Paypal’s PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin

August 16, 2024 Bitcoin.com

Paypal’s PYUSD Supply Swells by 0.9M in 10 Days, Becomes Sixth Largest Stablecoin

Altcoins

According to statistics, Paypal’s PYUSD stablecoin has surpassed Tron’s stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD’s supply has swelled by $140.9 million. Paypal’s PYUSD Nears $1B Milestone The stablecoin asset issued by Paypal is now the sixth largest stablecoin asset today after growing significantly over […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals

July 12, 2024 Bitcoin.com

Anniversary

Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes, Challenges, and the Road Ahead In his reflection shared with Bitcoin.com News, […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Number of crypto ATMs installed nears its all-time record

June 30, 2024 Coin Telegraph

Athena Bitcoin

The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023.

The number of cryptocurrency ATMs installed worldwide has spiked 17.8% to 38,279 over the last 12 months — inching closer to its record of 39,541 set back in December, 2022.

It includes a net 2,564 cryptocurrency ATMs added so far in 2024, which is on track to outpace the net negative 2,861 machines that were unplugged in 2023, according to Coin ATM Radar.

The tally increased every single month between July, 2023 and May, 2024.

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total

June 9, 2024 Bitcoin.com

Altcoins

Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experienced a 46.1% increase in its supply. Stablecoin Market Swelled Last Season; USDE Climbs to Fourth Largest Dollar-Pegged Token While […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

May 17, 2023 Bitcoin.com

allocation

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion. Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition Tether, the company behind the crypto economy’s largest […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy

May 16, 2023 Bitcoin.com

Bitcoin

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens. Bitcoin Users Issued More Than […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Tether’s Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions

May 13, 2023 Bitcoin.com

ATH

Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization. With a current value of $82.84 billion, tether is a mere $433 million shy of reaching its all-time high (ATH) set on May 8, 2022. Stablecoin […]

Bitcoin ‘diamond hand’ sell-off risks outpacing ETF inflows at $98K

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

May 12, 2023 Bitcoin.com

bitcoin.com

Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause. ECB Registers Heightened Consumer Expectations About Inflation […]

growth

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