Trump touts Bitcoin’s potential to ‘wipe out’ US national debt, says its ‘a very big thing’

Former President Donald Trump has suggested that Bitcoin could be a key tool in addressing the United States’ burgeoning national debt, which has officially hit $35 trillion as of July 31. In... Read more »

Bitcoin’s price evolution post-halving: Examining five distinct epochs

Onchain Highlights DEFINITION: Bitcoin price performance since the halving against previous cycles.  Bitcoin’s price performance since the most recent halving in April has followed a distinct trajectory compared to previous halving events. Observing... Read more »

Kamala Harris must outline crypto strategy to counter Trump’s pro-Bitcoin influence, think tank says

Vice President Kamala Harris faces increasing pressure to clarify her stance on crypto as the 2024 election approaches or risk “ceding” the industry’s support to former President Donald Trump, according to a... Read more »

Polymarket traffic surpasses DeFi giants amid Trump-Harris election betting craze

Polymarket, a leading prediction market platform, has seen a significant spike in website traffic, outpacing prominent DeFi platforms like Uniswap, dYdX, Compound, and GMX. The surge is primarily driven by intense interest... Read more »

Bitcoin miner CleanSpark increased BTC treasury by 567% since 2023

US Public Bitcoin miner CleanSpark has released its unaudited Bitcoin mining and operations update for July 2024. It reports mining 494 BTC during the month and a 567% increase in its Bitcoin... Read more »

Bitcoin fiat pair performance highlights economic and political challenges

Analyzing Bitcoin and fiat trading pairs on centralized exchanges often reveals performance disparities that remain invisible when focusing on global or average prices. It shows how liquidity, geopolitical and economic concerns, and... Read more »

Bitcoin power law model suggests $30K floor, $1M potential this cycle

Giovanni Santostasi’s Bitcoin Power Law model suggests Bitcoin’s price will not fall below $30,000 again, indicating a floor for future valuations. The model shows Bitcoin’s price trajectory will continue to rise, with... Read more »

NUPL ratio shows why long-term holders are better market top indicators

Entity-adjusted Bitcoin metrics provide a refined view of market sentiment by filtering out non-economic transactions. This is especially important when analyzing net unrealized profit and loss, such as the LTH-NUPL and STH-NUPL.... Read more »

Riot buys more Bitfarms shares, now holds nearly 16% stake

Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US Securities and... Read more »

California DMV digitizes 47 million vehicle titles on Avalanche

The California Department of Motor Vehicles (DMV) has digitized 42 million car titles on the Avalanche blockchain, marking a significant step in modernizing its operations. Oxhead Alpha announced the large-scale implementation on... Read more »