Latest Bitcoin News
Bitcoin Exchange Reserves Hit 3-Year Low Amid BTC Scarcity
The drop in exchange reserves implies lower selling pressure and potential supply shocks due to Bitcoin scarcity.
Bitcoin whales sold $1.2 Billion in the past 2 weeks
Fidelity’s FBTC and Grayscale’s GBTC are among the ETFs experiencing withdrawals, further indicating investor caution in the current economic climate.
Bitcoin Spot ETFs Witness $152M Outflow on June 18
Since their listing in January, the 11 U.S. spot bitcoin ETFs have gathered a total net inflow of $14.81 billion.
CleanSpark Expands Bitcoin Mining Operations with $25.6M Deal
The new sites that have been purchased range from 8 megawatts to 15 megawatts, hence totaling to 60 megawatts.
JPMorgan Reports Bitcoin Miners Hit $22.8 Billion Market Cap
U.S. miners have seen network hashrate increase for two months in a row, a positive trend.
Bitcoin is the “Godzilla” to Destroy Old Financial Models – Michael Saylor
At a Bitcoin event in Prague, Michael Saylor, the CEO of MicroStrategy and Bitcoin supporter, gave a fierce warning about…
Deutsche Telekom Announces Bitcoin Mining Expansion
Deutsche Telekom's aspirations for Web3 expansion follow its recent appointment as a validator on Fetch.ai's decentralized blockchain.
ASX To Launch First VanEck Bitcoin ETF Post Approval
BetaShares Holdings Pty. and DigitalX Ltd. are preparing to list their own Bitcoin ETFs on the ASX, expanding options for…
El Salvador to set up Bank of Private Investment for Crypto
Salvadoran Ambassador Milena Mayorga announced the Bank for Private Investment (BPI) on X, offering financing in Dollars and Bitcoin.
NiceHash and Marathon Digital Launch Enhanced BTC Firmware
NiceHash and Marathon Digital Holdings have announced a collaboration to introduce a new firmware product for Bitcoin miners. NiceHash Firmware…
Drake on Verge $1M Bitcoin Loss on Mavericks and Oilers Bets
On June 6, Drake announced via Instagram that he placed his bets on the crypto casino Stake using bitcoin (BTC).
Why Bitcoin Is Falling Behind Nasdaq: Insights Revealed
Crypto-specific reasons like as profit-taking by holders and increasing selling by miners appear to be dragging down the BTC price.
MicroStrategy Announces $700M Senior Notes at 2.25% Interest
MicroStrategy expanded the size of its convertible senior note offering to $700 million to obtain funds for more Bitcoin purchases…
US Spot Bitcoin ETFs Witness $226M Net Outflow on June 13
Bitwise and VanEck each saw $10M outflows, Invesco and Galaxy's BTCO $3M outflows, while BlackRock's IBIT had an $18M inflow…
Bitcoin Miners Move Operations to Southeast Asia Amid China Crypto Ban
According to a recent report by Bloomberg, the Bitcoin mining industry is shifting to Southeast Asia after China prohibited it…
Slow Network Growth Hinders BTC Price, Says Jurrien Timmer
Jurrien Timmer, director of global macro at Fidelity Investments, says Bitcoin's recent failure to reach new highs is due to…
MicroStrategy Plans $500M Convertible Notes Offering for Bitcoin Investment
Starting June 20, 2029, MicroStrategy can choose to redeem either all or a portion of the notes for cash, contingent…
Bitcoin Whales Grab $1.4 Billion in a Single Correction Day
Bitcoin's exchange supply hit 942,000 BTC, the lowest since late 2021, indicating bullish market sentiment.
U.S. Bitcoin ETFs See $100.9M Inflows After 19-Day Spree
Bitcoin ETFs see Fidelity's FBTC lead with $51M, followed by BlackRock's IBIT at $16M, Bitwise's BITB, and VanEck's HODL at…
Analyst Stay Bullish on Bitcoin Despite Fed’s Hawkish Stance
A Fed focused on fighting inflation with higher rates can decrease interest in risk assets like Bitcoin.
Institutional Cash-and-Carry Boosts U.S. Bitcoin ETFs, Says Glassnode
Alistair Byas-Perry from 21Shares highlights that these trades are particularly attractive due to the often positive price difference between Bitcoin's…
Bitcoin Price Skyrockets Past $69,000 Following Stable US CPI Data
Core CPI, which excludes food and energy, dropped from 3.62% to 3.41% year-on-year, marking the lowest core inflation rate since…
Grayscale’s GBTC Bitcoin ETF Sees $121M Outflows on June 11
Digital asset management giant Grayscale Bitcoin Trust (GBTC) ETF experienced outflows on June 11, 2024, as $121 million worth of…
DeFi Technologies Stakes 1,498 BTC on Core Chain Validator
DeFi Technologies Inc. has announced the deployment of a Core Chain validator node as part of its DeFi Infrastructure business…
Redditor Discover 15-Year-Old Bitcoin Wallet
The discovery of the old Bitcoin wallet has sparked mistrust with fears about potential scams.
Bitcoin Whale Resurfaces with $535M Transaction to Binance
The transferred Bitcoin, initially purchased for an average price of $3,810 per coin, is now valued at $535 million.
Bitcoin Hits $67,000 Sparks $170 Million Liquidations
Bitcoin faces significant turbulence with liquidations nearing $170 million, marking one of its most volatile periods.
Metaplanet Purchases $1.6 Million Worth of 23.35 Bitcoins
Metaplanet bought 23.25 Bitcoin (BTC) for nearly $1.59 million, increasing its total BTC holdings to 141.07 Bitcoin valued at $9.6…
Bitcoin & Ethereum Balances Hit 4-Year Lows Pre-July 2020
Before July 2020, Bitcoin and Ethereum saw a steady drop in exchange balances despite market changes, indicating ongoing user withdrawals.
DeFi Technologies Adopts Bitcoin as Primary Treasury Asset
DeFi Technologies Inc., a Canadian financial technology company, has adopted Bitcoin (BTC) as its primary treasury reserve asset. The company…
