Discover the Latest Bitcoin (BTC) News

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 12

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 13

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 14

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 15

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 16

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 17

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 19

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,...

dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations

John P. Njui·June 18, 2022

Summary: Three Arrows Capital was an early investor of dYdX. The team at dYdX has released a statement clarifying that the project is unaffected by the financial situation facing Three Arrows Capital. Nexo’s co-founder has also...

Crypto Fear and Greed Index Drops to Second Lowest Level of 6 Since 2018 as Bitcoin loses Crucial $20k Support

John P. Njui·June 18, 2022

Crypto Fear and Greed Index Drops to Second Lowest Level of 6 Since 2018 as Bitcoin loses Crucial $20k Support 21

Summary: The crypto fear and greed index is currently at a 6, the second-lowest since August 2018, when it fell to a value of 5. Bitcoin has lost the crucial $20k support level and hit a...

Bitmex’s Hayes Hopes BTC and ETH Won’t Get Cheaper, Shares Insights into Sh*tcoins such as CRV, CAKE, UNI, SUSHI, ENS, dYdX, LOOKS

John P. Njui·June 17, 2022

Bitmex's Hayes Hopes BTC and ETH Won't Get Cheaper, Shares Insights into Sh*tcoins such as CRV, CAKE, UNI, SUSHI, ENS, dYdX, LOOKS 22

Summary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and...

Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy

John P. Njui·June 16, 2022

Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange's Accounts are in Debt, but Still Financially Healthy 23

Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are in debt. However, the team at...

We Want to Make Britain a Crypto Hub but With Investor Protections, Says UK’s Digital Minister

John P. Njui·June 16, 2022

We Want to Make Britain a Crypto Hub but With Investor Protections, Says UK's Digital Minister 25

Summary: The UK is looking to transform Britain into a crypto hub. However, the UK’s digital minister has issued caution as they want to have proper investor protections. The UK also wants to create measures to...

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Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Ether (ETH) Poised For $6K By 2025, $14K By 2030: Finder Report

Ethereum Engineers Release Shadow Fork To Test Shanghai’s Withdrawal Mechanism

Cathie Wood’s Ark Invest Says Bitcoin Could Exceed $1 Million By 2030

Binance Handled $346M In Bitcoin Transactions For Russian Exchange Bitzlato: Reuters

Peter Thiel’s Fund Cashed Out $1.8 Billion From Bitcoin Before 2022’s Crash

Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Ether (ETH) Poised For $6K By 2025, $14K By 2030: Finder Report

Wormhole Set To Become Uniswap’s Official Bridge To BNB Chain

Squiggles NFT Founders Face Federal Grand Jury Investigation

Sorare Signs 4 Year NFT Licensing Deal With The Premier League

OpenSea Integrates with Arbitrum Nova to Provide Low-Cost Data Availability for NFTs

CFTC Chair Says More Crypto Enforcement Actions To Come This Year

Core Scientific To Send 27k Mining Rigs To NYDIG To Settle $38.6 Million Debt

Sberbank Readies Ethereum-Compatible DeFi System For May 2023

Explore Yield Farming with Liquidus App

CEO of LYOPAY Luiz Góes on the Cover of IB Magazine

BREAKING: Nexo Is Shutting Down Its U.S Business

Bitcoin (BTC) News

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

dYdX Clears the Air on its Investor 3AC, States Three Arrows Capital’s Situation Does Not Affect its Liquidity and Operations

Crypto Fear and Greed Index Drops to Second Lowest Level of 6 Since 2018 as Bitcoin loses Crucial $20k Support

Bitmex’s Hayes Hopes BTC and ETH Won’t Get Cheaper, Shares Insights into Sh*tcoins such as CRV, CAKE, UNI, SUSHI, ENS, dYdX, LOOKS

Deribit Confirms 3 Arrows Capital as a Shareholder, States the Exchange’s Accounts are in Debt, but Still Financially Healthy

We Want to Make Britain a Crypto Hub but With Investor Protections, Says UK’s Digital Minister

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