Discover the Latest Bitcoin (BTC) News

Arthur Hayes Predicts if Bitcoin Breaks 20K Levels, Massive Sell Pressure Is Expected

Rahul Nambiampurath·June 14, 2022

Arthur Hayes Predicts if Bitcoin Breaks 20K Levels, Massive Sell Pressure Is Expected 14

Hayes highlights open interest data for BTC and ETH, which are at $20,000 and $1,000. He says the closer the market goes to those strike prices; the more will be sold, leading to a potentially large...

MicroStrategy Could be Forced to Add More Bitcoin Collateral for its Loan if BTC Drops Below $21k

John P. Njui·June 13, 2022

MicroStrategy Could be Forced to Add More Bitcoin Collateral for its Loan if BTC Drops Below $21k 15

Summary: Bitcoin’s drop to a local low of $22,600 has rekindled discussions surrounding MicroStrategy’s possible margin call on its $205 million loan if Bitcoin drops below $21k. However, MicroStrategy’s CFO had in early May clarified that...

Binance Suspends Bitcoin Withdrawals Due to Transaction Backlog Caused by the Crypto Market Selloff

John P. Njui·June 13, 2022

Binance Suspends Bitcoin Withdrawals Due to Transaction Backlog Caused by the Crypto Market Selloff 16

Summary: Binance has temporarily paused Bitcoin withdrawals on the exchange due to stuck transactions causing a backlog. The team is currently working on a solution, and further explains that the backlog is being caused by a...

Bitcoin Holders Owning 1+ BTC Hits a New ATH of 851,921 Despite a Retest of sub-$27k Levels

John P. Njui·June 12, 2022

Bitcoin Holders Owning 1+ BTC Hits a New ATH of 851,921 Despite a Retest of sub-$27k Levels 17

Key takeaways: The number of Bitcoin addresses holding one or more BTC has hit a new all-time high of 851,921. The new milestone is despite Bitcoin’s bearish environment and a dip below $27k. Short-term, Bitcoin could...

Tron DAO Buys $50M Worth of Bitcoin and TRX to add to USDD Reserves

John P. Njui·June 11, 2022

Tron DAO Buys $50M Worth of Bitcoin and TRX to add to USDD Reserves 20

Key takeaways: Tron DAO Reserve has announced that it has purchased Bitcoin and TRX worth $50 million to add to USDD’s reserves. USDD is currently overcollateralized to the tune of 197%. The stablecoin of USDD is...

Snoop Dogg, Justin Sun Up Jack Dorsey’s Web5 by Saying they Are Working on Web6

John P. Njui·June 11, 2022

Snoop Dogg, Justin Sun Up Jack Dorsey's Web5 by Saying they Are Working on Web6 23

Key takeaways: Snoop Dogg and Justin Sun have stated that they are working on Web6. Jack Dorsey had earlier announced that TBD was working on Web5 on the Bitcoin Network. The founder and former CEO of...

Central Banks’ Monetary Policy is Dominating Bitcoin and Crypto – Weiss Ratings

John P. Njui·June 10, 2022

Central Banks' Monetary Policy is Dominating Bitcoin and Crypto - Weiss Ratings 24

Key takeaways: Weiss Ratings believes that Bitcoin and the crypto markets are being dominated by the ongoing monetary policies of various global central banks. They forecast an inflationary future where current politicians lose their jobs for...

MicroStrategy’s CEO Warns that Inflation has Not Peaked, and Neither has Bitcoin

John P. Njui·June 10, 2022

MicroStrategy's CEO Warns that Inflation has Not Peaked, and Neither has Bitcoin 25

Key takeaways: MicroStrategy’s CEO, Michael Saylor, has warned that the US inflation at 8.6% has not peaked. Mr. Saylor offers some hope in that he believes Bitcoin has also not peaked in value. Anthony Pompliano thinks...

Bitcoin Falls Under $30,000 As U.S Inflation Hits 40-year High

Naga Avan-Nomayo·June 10, 2022

Bitcoin reacts to 40-year high inflation numbers with a dip under $30K.

PayPal Embraces Crypto Transfers With Other Wallets Due to Customer Demand

John P. Njui·June 7, 2022

PayPal Embraces Crypto Transfers With Other Wallets Due to Customer Demand 27

Key takeaways: PayPal has announced the launch of new features, including crypto transfers with other wallets. Initially, PayPal users could only buy, sell and hold digital assets on the platform without the ability to send or...

MicroStrategy’s Saylor Believes Bitcoin Will Benefit from the Regulatory Clarity Initiated by Senators Lummis and Gillibrand

John P. Njui·June 7, 2022

MicroStrategy's Saylor Believes Bitcoin Will Benefit from the Regulatory Clarity Initiated by Senators Lummis and Gillibrand 28

Summary: MicroStrategy CEO Michael Saylor believes Bitcoin will benefit from the regulatory clarity initiated through the crypto bill by Senators Lummis and Gillibrand. Mr. Saylor says that such regulatory clarity will facilitate and accelerate the participation...

Cathie Wood’s Ark Invest: Bitcoin’s Fundamentals Remain Strong as Short Term Holders Show Signs of Capitulation – Report

Arba Halpin·June 6, 2022

Cathie Wood's Ark Invest: Bitcoin's Fundamentals Remain Strong as Short Term Holders Show Signs of Capitulation - Report 29

Ark Invest's "Bitcoin Monthly" report authored by CEO Cathie Wood and other ARK Invest analysts provides a crypto market summary and details of relevant on-chain activity.

According to the report, 'hodlers' are stronger than ever, as 66% of Bitcoin's supply has not moved over a year as demonstrated in the graph below. This shows the market's longer-term focus and a current holder base with stronger conviction.

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Curve 3pool Sees Increased Outflows Since hack

Matter Labs Denies Polygon’s Allegations Of Open-Source Code Plagiarism

U.S SEC Is Reportedly Ready To Consider Ethereum Futures ETF Applications

Arthur Hayes Says BlackRock’s Bitcoin ETF Would Harm Decentralization

Lazarus Could Dump $41 Million In Stolen Bitcoin, FBI Says

Europe Beats US To List Spot Bitcoin ETF

Coinbase CEO Brian Armstrong Is Bullish On On-Chain Games & Ads

Magnate Finance Rugs $6.4 Million From Base Users

Former OpenSea Executive Sentenced To 3 Months In NFT Insider Trading

Blur solidifies reign in NFT space with 60% trading volume market share

OpenSea Shuts Down Royalty Enforcement, Makes Creator Fees Optional

SpaceCatch Public Beta is coming on 22nd April 2024. The biggest GameFi event of this month is here

Chirpley Takes Flight to Ethereum Chain: Expanding CHRP Horizons in the Crypto Cosmos

Coinbase Increases Bond Buyback Limit By $30 Million