Discover the Latest Bitcoin (BTC) News

Crypto Community Holds its Breath as the EU Finalizes Regulations on PoW and Unhosted Wallets this Month

John P. Njui·June 26, 2022

Crypto Community Holds its Breath as the EU Finalizes Regulations on PoW and Unhosted Wallets this Month 11

Summary: EU legislators are estimated to finalize regulations on proof-of-mining crypto activities and unhosted wallets by the end of June. Such regulation will have enormous implications for the crypto industry in Europe and globally. The crypto...

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer

John P. Njui·June 26, 2022

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX's BlockFi Bailout Offer 12

Summary: Morgan Creek Digital is reportedly looking to raise $250 million to counter FTX’s line of credit to BlockFi. The move resulted from one of FTX’s terms for the credit line to BlockFi, to wipe out...

Bitcoin Selling By Miners Could Continue into Q3 if BTC’s Price Does Not Improve – JP Morgan

John P. Njui·June 25, 2022

Bitcoin Selling By Miners Could Continue into Q3 if BTC's Price Does Not Improve - JP Morgan 13

Summary: Bitcoin miners needing to sell could weigh down on the price of BTC for some time. According to analysts from JP Morgan, miners offloading Bitcoin to cover costs could continue into the third quarter of...

Wall Street Analysts Hint MicroStrategy (MSTR) is Worth Buying Despite a 87% Pullback from Feb. 2021 Highs

John P. Njui·June 23, 2022

Wall Street Analysts Hint MicroStrategy (MSTR) is Worth Buying Despite a 87% Pullback from Feb. 2021 Highs 14

Summary: MicroStrategy (MSTR) stock value has undergone an 87% correction from its February 2021 highs of $1,350. However, Wall Street analysts still believe it is a buy with a potential to rise to $950 from current...

Michael Saylor: Bitcoin is a Lifeboat Tossed on a Stormy Sea, Offering Hope to Anyone Who Needs to Get off a Sinking Ship

John P. Njui·June 22, 2022

Michael Saylor: Bitcoin is a Lifeboat Tossed on a Stormy Sea, Offering Hope to Anyone Who Needs to Get off a Sinking Ship 16

Summary: MicroStrategy CEO Michael Saylor has described Bitcoin as a lifeboat tossed on a stormy sea, offering hope t anyone that needs to get off their sinking ship. Mr. Saylor also pointed out that Bitcoin will...

Bitcoin’s Stock To Flow Model is Really Not Looking Good, Says Ethereum’s Vitalik Buterin

John P. Njui·June 21, 2022

Bitcoin's Stock To Flow Model is Really Not Looking Good, Says Ethereum's Vitalik Buterin 17

Summary: Ethereum’s Vitalik Buterin has criticized Bitcoin’s stock-to-flow model by PlanB. Vitalik explains that the stock-to-flow model is not looking good, and financial models that give people false hope deserve all the mockery they get. Mr....

Bybit is Reportedly Looking to Reduce its Workforce by 20 – 30% as Crypto Winter Bites

John P. Njui·June 20, 2022

Bybit is Reportedly Looking to Reduce its Workforce by 20 - 30% as Crypto Winter Bites 18

Summary: The Bybit crypto exchange is looking to reduce the organization’s size amidst the ongoing crypto winter. Bybit could reduce its workforce by a staggering 20% to 30% as it removes overlapping functions and build smaller...

Purpose Bitcoin ETF Puked 24.5k BTC on Friday, Leading to the Weekend Low of $17.6k – Arthur Hayes

John P. Njui·June 20, 2022

Purpose Bitcoin ETF Puked 24.5k BTC on Friday, Leading to the Weekend Low of $17.6k - Arthur Hayes 19

Summary: Arthur Hayes has highlighted that the Purpose Bitcoin ETF offloaded 24.5k BTC into the markets on Friday’s close. Bitcoin went on to drop to the local low of $17,600 due to the selling pressure that...

Alameda Research lends Voyager Digital 200M USDC and 15k Bitcoin to Safeguard Customer Assets During the Bear Market

John P. Njui·June 19, 2022

Alameda Research lends Voyager Digital 200M USDC and 15k Bitcoin to Safeguard Customer Assets During the Bear Market 20

Key takeaways: Sam Bankman-Fried’s Alameda Research has lent Voyager digital 200 million USDC and 15k Bitcoin. The digital assets are meant to safeguard Voyager Digital’s customers’ assets during the current crypto market volatility. The term sheet...

Stop Looking at the BTC Chart, Your Bitcoin Investment is Safe and Will Grow After the Bear Market, Says President Bukele

John P. Njui·June 19, 2022

Stop Looking at the BTC Chart, Your Bitcoin Investment is Safe and Will Grow After the Bear Market, Says President Bukele 21

Key takeaways: El Salvador’s President Nayib Bukele has advised crypto traders to stop looking at the Bitcoin chart and enjoy life. President Bukele also reassured Bitcoin holders that their investment is safe and its value will...

Bitcoin Under $20k Feels Irrational, Says Gemini Co-Founder Cameron Winklevoss

John P. Njui·June 19, 2022

Bitcoin Under $20k Feels Irrational, Says Gemini Co-Founder Cameron Winklevoss 22

Summary: Gemini crypto exchange co-founder, Cameron Winklevoss, believes Bitcoin below $20k seems irrational. Mr. Winklevoss also pointed out that Bitcoin’s underlying fundamentals, adoption, and infrastructure remain strong. CZ also highlighted fundamentals as being crucial during both...

Bitcoin Miners Start Selling Their Holdings As a BTC Bottom Proves Elusive

John P. Njui·June 18, 2022

Bitcoin Miners Start Selling Their Holdings As a BTC Bottom Proves Elusive 24

Key takeaways: Bitcoin miners sold 4,411 BTC in May as compared to 1,115 in April. Will Clemente of Blockware Intelligence has identified that Bitcoin miners are going offline as energy costs pressure margins. Veteran Bitcoin analyst,...

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Ethereum coders reached consensus on Shanghai update

FTX Hacker Becomes 35th Largest Holder Of Ethereum After Panic Purchasing Approx. $50M of $ETH

Ethereum Daily Trading Volume On Uniswap Up 80% Amid FTX Contagion

Binance Makes Multi-Billion Dollar Transfers Following FTX’s Collapse

Coinbase Custody confirmed Grayscale product breakdown, wallet addresses remain undisclosed as GBTC discount reached 50%

Bitcoin Could Have Found Its Bottom At $20,000 Level: Glassnode Report

Ankr Protocol will reimburse users after $5 million exploit, Binance seized $3 million of the stolen funds

Tether ($USDT) Hits Back At Bloomberg For Report Over Renewed Fraud Probe

SushiSwap Votes In Favor Of Landmark Restructuring Proposal

Coinbase Calls Out Apple For Blocking NFT Transactions On iOS

Uniswap Labs debuts NFT marketplace aggregator with $5 million USDC airdrop

Luxury Watchmaker Rolex Files Applications for Metaverse, NFT Trademarks

Elon Musk Says Sam Bankman-Fried Probably Donated Over $1B To Support Democratic Elections

FTX’s Sam Bankman-Fried Knew More About Alameda Research Finances Than Let On: Forbes Report

Mike Novogratz’s Galaxy Digital might buy crypto custodian GK8 from Celsius

XPLUS Announces DEX Listing & Public Beta Launch of First SocialFi App

Ripple ($XRP) Achieves Huge Milestone With Deployment of Ethereum-based Smart Contracts for XRPL Sidechain

Blockchain.com Investors Remain Undeterred Despite Ruthless Crypto Winter

Bitcoin (BTC) News

Crypto Community Holds its Breath as the EU Finalizes Regulations on PoW and Unhosted Wallets this Month

Morgan Creek Digital is Reportedly Planning to Raise $250M to Counter FTX’s BlockFi Bailout Offer

Bitcoin Selling By Miners Could Continue into Q3 if BTC’s Price Does Not Improve – JP Morgan

Wall Street Analysts Hint MicroStrategy (MSTR) is Worth Buying Despite a 87% Pullback from Feb. 2021 Highs

Michael Saylor: Bitcoin is a Lifeboat Tossed on a Stormy Sea, Offering Hope to Anyone Who Needs to Get off a Sinking Ship

Bitcoin’s Stock To Flow Model is Really Not Looking Good, Says Ethereum’s Vitalik Buterin

Bybit is Reportedly Looking to Reduce its Workforce by 20 – 30% as Crypto Winter Bites

Purpose Bitcoin ETF Puked 24.5k BTC on Friday, Leading to the Weekend Low of $17.6k – Arthur Hayes

Alameda Research lends Voyager Digital 200M USDC and 15k Bitcoin to Safeguard Customer Assets During the Bear Market

Stop Looking at the BTC Chart, Your Bitcoin Investment is Safe and Will Grow After the Bear Market, Says President Bukele

Bitcoin Under $20k Feels Irrational, Says Gemini Co-Founder Cameron Winklevoss

Bitcoin Miners Start Selling Their Holdings As a BTC Bottom Proves Elusive

Ethereum World News