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Quick Take A wallet that had been dormant since 2011 moved 3,962 BTC, worth about $468 million, following a test transaction on Thursday. The transfer caps a month of whale awakenings, including a $1.26 billion shift on July 23 and over 80,000 BTC moved by a separate address since July 4.
Quick Take Strategy has boosted its Stretch preferred offering from $500 million to $2 billion, pricing shares at $90 with a 9% cumulative dividend. The proceeds will finance additional bitcoin buys, expanding Strategy’s current 607,770 BTC treasury.
The crypto market saw its first daily decline after four days of gains, with altcoins falling harder than Bitcoin.
Ethereum developers are proposing a gas limit increase to boost Layer-1 throughput. Solana devs are also planning a 66% block limit upgrade.
BONK price gained 6% on July 24 following a massive 500 billion token burn, making it the only top-5 Solana memecoin trading in green despite sector-wide declin
- 15:07Hassett: There are currently no plans to reform the Federal ReserveChainCatcher news, according to Golden Ten Data, the Director of the US White House National Economic Council, Hassett, stated, "I currently have no plans to reform the Federal Reserve."
- 14:17Avenir currently allocates more than 80% of its portfolio to Bitcoin.According to a report by Jinse Finance, The Bitcoin Historian has released the latest news: the trading firm Avenir, with a scale of 1.3 billions USD, currently allocates more than 80% of its investment portfolio to bitcoin (BITCOIN).
- 14:12Analyst: September Rate Cut Almost Certain, Options Traders Expect Stable Stock MarketJinse Finance reported that as a Federal Reserve rate cut in September has almost become a foregone conclusion, options traders generally expect the stock market to remain stable ahead of Thursday's CPI data release. The logic behind the market's expectation of a rate cut lies in the stagnation of U.S. employment growth and the need to stimulate the economy. Weak employment data on Friday further reinforced expectations of a 25 basis point rate cut. Although U.S. stocks fell slightly and the fear index rose marginally, it still remained below the key level of 20. Options traders expect the S&P 500 Index to experience about a 0.7% two-way fluctuation after the CPI is released on Thursday.