Latest from Sheldon Reback
Decentralized Crypto Exchange WOOFi Uses Gaming Style NFTs to Boost DeFi
So-called “Boosters” enhance the yield from WOO tokens, which are staked to earn a share of the DEX’s fees.
Bitcoin Cash's Mt. Gox-Led Sell-Off Is Amplified by Poor Liquidity
Slippage, or price changes during execution of a trade, in the BCH market surged last week, signaling weak liquidity.
Bitcoin Drops as German Government Unloads Over $900M Worth of BTC
Wallets linked to the German government still hold some 23,788 bitcoin, meaning that it has already sold more than half of its seized assets, according to Arkham Intelligence data.
Digital Asset Funds Flip Positive for First Time in 4 Weeks: CoinShares
CoinShares attributes the inflows to recent price weakness prompted by defunct crypto exchange Mt. Gox initiating preparing to initiate repayments to creditors.
Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies
U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.
France Votes for Hung Parliament as Major Parties Fall Short of Majority
The absence of an outright majority could hamper the passing of new legislation, including crypto regulations.
First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
The latest price moves in crypto markets in context for July 5, 2024.
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Bitcoin traded around $54,400 in Europe, a 24-hour drop of 5.8%, having earlier fallen to the lowest level since late February
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
The defunct crypto exchange announced last month that it will begin repayments in July.
