German Government Moves $425 Million in Bitcoin: Here’s Why
Today, a wallet labeled as “German Government (BKA)” by Arkham, a crypto on-chain analytics firm, initiated substantial Bitcoin (BTC) transactions....
Bitcoin News
Here is How Much Bitcoin (BTC) Drake Lost Betting on the NBA’s Final
TL;DR Drake suffered a substantial crypto loss after betting on the Dallas Mavericks to win the NBA finals. Additionally, he...
Wall Street On Notice? Greenpeace Blames Crypto Mining For Environmental Woes
The ever-growing popularity of crypto has come under fire once again, this time for its environmental cost. A new report...
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens...
BlackRock CIO Says Financial Advisors Aren’t Buying Bitcoin ETFs
The launch of Bitcoin exchange-traded funds (ETFs) in January marked a significant milestone. However, financial advisors are approaching these new...
Bitcoin Miners Are Selling Again: CryptoQuant
Bitcoin (BTC) has fallen 4.5% in the past seven days, going to a monthly low of $65,000. This plunge in...
Bitcoin: Mexico’s 3rd-Richest Man Makes Strong Case For Why Investors Should Buy BTC
Ricardo Salinas Pliego, the Chairman of the Salinas group and the third richest man in Mexico has strongly endorsed Bitcoin,...
El Salvador Views Bitcoin as a Tool to Liberate the Nation From Fiat Currencies
Felix Ulloa, Vice-President of El Salvador, stated that the government has considered de-dollarizing the country and returning to its national...
Fidelity Analyst Explains Why Bitcoin Adoption Is Slowing
Fidelity Investments’ Director of Global Macro, Jurrien Timmer, explains the recent slowdown in Bitcoin adoption. While he acknowledges Bitcoin as...
MicroStrategy Announces $500M Convertible Senior Note Offering to Buy More Bitcoin
Business intelligence firm and long-time Bitcoin holder MicroStrategy announced plans to offer $500 million aggregate principal amount of convertible senior...
Trump vs Biden: Riot’s Morgenstern Highlights Stark Contrast in Crypto Policies
Brian Morgenstern of Riot Platforms shared his insights on the 2024 election’s impact on bitcoin and the crypto industry, praising...
US Spot Bitcoin ETFs See $200M Net Outflows Ahead of Major Economic Indicators
On Tuesday, June 11, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced net outflows of $200 million as the market awaits...
Bitcoin, Ethereum Lead Migration From Exchanges
Retail investors in the cryptocurrency space are exhibiting signs of turning into long-term believers, with a recent exodus of Bitcoin...
DOJ and FBI Unveil Charges Against 3 UK Nationals in NFT Rug Pull Scam
The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals...
Bitcoin ETFs Thrive Despite Hedge Funds’ Growing Short Bets
Hedge funds are ramping up their short positions against Bitcoin on the Chicago Mercantile Exchange (CME), even as spot Bitcoin...
Demand Growth for Bitcoin Surges: What Does This Mean?
Analysts at market intelligence platform CryptoQuant have identified a surge in demand for bitcoin (BTC) from large investors and permanent...
Jobs Report, ECB Rate Cut Deliver Double Whammy
Friday delivered a double whammy to the Bitcoin market, exposing the cryptocurrency’s sensitivity to the ever-shifting sands of global economics....
Crypto Scam Promoter Pleads Guilty, Faces Up to 20 Years in US Prison
Juan Tacuri, a major promoter of the cryptocurrency Ponzi scheme Forcount, later renamed Weltsys, has pleaded guilty to conspiracy to...
$500 Million in Bitcoin Open Interest Erased After US Jobs Report
The recent US jobs report has significantly impacted the cryptocurrency market, wiping out over $500 million in Bitcoin open interest....
Three Reasons Why Bitcoin’s (BTC) Bull Run is Yet to Escalate
TL;DR Bitcoin has surpassed $71,000 with a market cap of over $1.4 trillion, showing potential for further growth due to...
Bitcoin Miner Selling Intensifies, BTC Reserves Fall To 3-Year Lows
Bitcoin miners’ reserves have seen a steady decline over the past few months since the halving event in April. The...
Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum
On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of...
