BlackRock’s iShares Bitcoin Trust (IBIT) exchange-traded fund (ETF) experienced its second significant withdrawal day since its introduction in January. On August 29, the fund saw a net withdrawal of $13.5 million, marking only its second major outflow after a $36.9 million withdrawal on May 1. Data from Farside Investors highlighted this day as one of […]
In a remarkable stroke of luck, a lone Bitcoin miner recently secured a significant windfall by validating a Bitcoin block, earning just shy of $200,000. This miner successfully validated block number 858,978 at 4:21 pm UTC, as per details from the Bitcoin block explorer Mempool.space. This block included 2,391 transactions, earning the miner a reward […]
Elon Musk, alongside his company Tesla, successfully secured the dismissal of a legal claim alleging they had manipulated Dogecoin’s market value, purportedly causing $258 billion in losses. The decision to dismiss the case was handed down on August 29 by Judge Alvin Hellerstein of the U.S. District Court for the Southern District of New York. […]