Latest Bitcoin News
Bitcoin Sees Surge in Demand as Fed Hints at Interest Rate Cut
Bitcoin demand among U.S. investors has increased massively after the Federal Reserve suggested it might lower interest rates.s. This news…
Hong Kong Bitcoin ETFs Reach $256m but Lag Behind the U.S
Hong Kong’s spot Bitcoin exchange-traded funds (ETFs) have recently crossed HK$2 billion (about $256 million) in assets under management (AUM). …
Justin Sun’s USDD Drops 12,000 BTC Without DAO Approval
USDD, the algorithmic stablecoin associated with Justin Sun and the TRON blockchain, has removed around 12,000 bitcoins from its collateral,…
Bitcoin Infinity Day Gains Momentum, Impact Reflected
Bitcoin Infinity Day sparks market activity and community reflection on Bitcoin's finite supply and potential in global finance.
Mt. Gox Transfers Over $700 Million in Bitcoin to Unknown Wallet
Such movements of bitcoin in the recent past have preceded repayments from Mt. Gox to its creditors via crypto exchanges.
Metaplanet’s Stock Jumps 14% After ¥1B Bitcoin Purchase
Japanese investment firm Metaplanet recorded a 14% increase in its stock price after making a large Bitcoin purchase. Yahoo Finance…
Analyst Doubts Bitcoin Will Reach 70% Dominance Again
In a recent interview with The David Lin Report, Benjamin Cowen, the founder of Into The Cryptoverse, expressed doubt about…
Bitcoin Miners Could Earn $13.9 Billion Yearly by Shifting Energy to AI and HPC
Bitcoin miners may have the chance to earn an extra $13.9 billion each year by 2027 if they start providing…
PayPal’s Peter Thiel Warns Society Isn’t Ready for Bitcoin’s Potential
Peter Thiel's Bitcoin warning ignites discussion as concerns grow over society's readiness to handle its disruptive potential and financial implications.
Spot Bitcoin ETFs in U.S. Draw Major Investor Interest
Historically, the Grayscale Bitcoin Mini Trust ETF has seen net inflows of $288 million while GBTC has seen significant withdrawals…
Bitcoin’s $59K Price May See Swings Amid US Elections
Bitcoin's dip below $50,000 in early August mirrors trends from 2012, 2016, and 2020, says analyst Matthew Hyland.
Dormant Bitcoin Wallet Moves $10.2 Million After 10 Years
An old Bitcoin wallet, which had not been used for almost ten years, suddenly sent 174.88 BTC, equivalent to over…
Bitcoin Mining Stocks Decline in August Amid Rising Hashrate
Bitcoin mining stocks tumble in August as network hashrate climbs, squeezing profitability and raising concerns among investors.
Bitcoin Miners Raise $2.2 Billion in Debt Financing After April Halving
Public Bitcoin mining companies in the U.S. are increasingly turning to debt financing to sustain operations following the April 2024…
Two-thirds of Institutions Raised Bitcoin ETF Holdings in Q2
Matt Hougan noted that 21% of investors trimmed holdings and 13% sold out, similar to other ETFs, calling it "a…
Marathon Digital Buys $249M in Bitcoin After $300M Note Sale
Marathon's senior notes due in September 2031 raised $292.5M with a 2.125% annual interest, redeemable for cash, stock, or a…
Morgan Stanley Invests $188 Million in Bitcoin ETF
Morgan Stanley investment banking company disclosed that as of June 30, 2024, it held around $188 million in shares of…
U.S. Transfers 10,000 Silk Road Bitcoin to Coinbase Prime
The U.S. government has reportedly moved approximately 10,000 Silk Road-linked Bitcoin, valued at around $593.9 million, to Coinbase Prime, a…
Bitcoin Steady at $61,000 Amid 2.9% U.S. CPI Rate
In July, the US inflation measured by the Consumer Price Index (CPI) rate slightly eased, coming in at 2.9% year-over-year,…
Yilport’s $1.6B Investment Could Boost El Salvador’s Bitcoin City Project
Turkish company Yilport Holdings has committed a $1.6 billion investment to upgrade two important ports. This is the largest private…
Mt. Gox Begins $2B Bitcoin Payouts with Test Transaction: Arkham
A recent test transaction from a crypto wallet linked to the closed Mt. Gox exchange has signaled progress in the…
Bitcoin Faces Risks of $500M Liquidations if Price Drops Below $58K
Bitcoin's potential dip below $58K threatens significant liquidation of leveraged positions, exacerbating market volatility amid a bullish macroeconomic outlook.
TeraWulf Q2 Revenue Up Despite 21% Dip in Bitcoin Production
TeraWulf is shifting to high-performance computing and AI, with new construction at Lake Mariner to add 50 MW capacity by…
Bitcoin Price Drops Below $59,000, Falls 4% in 24 Hours
Crypto traders faced major losses with 67,883 liquidations totaling $174.38, including $134.18 million from long positions, and $40.29 million from…
BitGo is Expanding its Wrapped Bitcoin Operation to Multi-Jurisdictional Custody
BitGo is currently undergoing a transition to improve the security of its Wrapped Bitcoin (WBTC) operations. The company is moving…
Morgan Stanley Faces Scrutiny Over Bitcoin ETF Push
Morgan Stanley, the biggest wealth manager in the U.S., is facing potential regulatory scrutiny after allowing its financial advisers to…
Cboe Re-Files Bitcoin ETF Options Application
On Aug 8, Cboe Global Markets withdrew and then re-submitted its application to list options on spot Bitcoin exchange-traded funds…
Bitcoin Surges Back to $62K After Crypto Black Monday
On August 5, Bitcoin saw 319,290 BTC sold at a loss, the highest since November 2022, driven by short-term investors…
New Proposal for Tax-Free Bitcoin Economic Zone in the US
USABTC proposes a tax-free Bitcoin Digital Economic Zone to enhance the US's digital economy and foster financial growth through innovative…
Bitcoin Premium Soars to 4% in South Korea’s Market
This uptick in premiums comes as South Korea’s bitcoin market heats up, with leading exchanges like Upbit and Bithumb recording…
