Spot Bitcoin ETFs Suffer Major Outflows, While Ether ETF Inflow Streak Ends
On Friday, spot Bitcoin exchange-traded funds (ETFs) experienced a sharp net outflow of $812.25 million — the second-largest single-day withdrawal ever recorded for these financial products. The sell-off wiped out recent gains and dragged the total net inflows down to $54.18 billion. Assets under management (AUM) also declined to $146.48 billion, which now accounts for […]
Bitcoin Mining Difficulty Reaches New Peak, Expected to Ease in August
Bitcoin’s mining difficulty has surged to a new all-time high of 127.6 trillion this week. However, the next adjustment, scheduled for August 9, is expected to reverse that trend slightly. Estimates suggest a roughly 3% decrease in difficulty, bringing it down to about 123.7 trillion. As of now, the average time to mine a block […]
Satoshi Nakamoto Statue Vanishes in Lugano, 0.1 BTC Bounty Offered for Clues
A tribute to the elusive founder of Bitcoin has mysteriously disappeared from Parco Ciani in Lugano, Switzerland. The sculpture, which honored Satoshi Nakamoto, was reported stolen, prompting the creators to issue a reward of 0.1 BTC—currently valued at over $11,000—for any tips leading to its recovery. Satoshigallery, the organization behind the worldwide Satoshi statue project, […]