If Bitcoin follows the same pattern as previous election years, August will be “nothing crazy,” but a breakout may occur within a month or two, according to a crypto analyst.

1.VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website

1.Fed Governor Bowman: Be cautious about rate cuts

Coinglass data shows that the nominal value of open BTC option positions on the entire network is 21.375 billion US dollars (compared to 23.136 billion US dollars the previous day), and the nominal value of open ETH option positions is 6.122 billion US dollars (compared to 6.741 billion US dollars the previous day).

1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

Senator Cynthia Lummis introduced the bill on July 31, which would direct the US government to start a reserve Bitcoin fund.

According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches.

The Bitcoin-friendly area of El Salvador has attracted many visitors using crypto, but are people considering moving themselves and their children abroad?

The former and prospective United States president made the announcement at the Bitcoin 2024 conference in Nashville, Tennessee.

The 45th president of the United States caused some minor ripples throughout the cryptocurrency market with his speech at Bitcoin 2024.