Bitcoin

Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining

David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. H...

9 Jun 2024

Big Friday Crypto Selloff Pulls Bitcoin Below $70K

Ideas about lower U.S. interest rates were foiled again and a plunge in shares of speculative favorite GameStop soured the mood in crypto.

7 Jun 2024

Bitcoin whale accumulation echos 2020: CryptoQuant CEO

CryptoQuant CEO Ki Young Ju highlights similarities between Bitcoin whale accumulation in 2024 and mid-2020, suggesting potential bullish trends as high on-chain activity continues despite low price volatility.

31 May 2024

Traders say Bitcoin price fights ‘last resistance’ at $69K before new all-time highs

Bitcoin’s price has remained stuck below $69,000 over the past 10 weeks, but analysts say it is a healthy price action.

30 May 2024

Bitcoin Staking Project Babylon Raises $70M Led by Paradigm

The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.

30 May 2024

First Mover Americas: Crypto in the Red Ahead of Friday’s U.S. Inflation Data

The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

30 May 2024

NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto

CoinDesk Indices' XBX is currently the benchmark for $20 billion in ETF assets under management.

29 May 2024

First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC

The latest price moves in bitcoin (BTC) and crypto markets in context for May 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

29 May 2024

Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein

The company has the financial capacity to consolidate the bitcoin mining space, the report said.

29 May 2024

DTCC Smart NAV Pilot Utilizes Chainlink for Blockchain-Based Mutual Fund Data

The Depository Trust & Clearing Corporation (DTCC) has announced the successful completion of its Smart NAV pilot, leveraging Chainlink’s technology to enhance its Mutual Fund Profile Service I (MFPS I). The initiative aims to bring trusted d...

20 May 2024

Novogratz Predicts Bitcoin Trading Between $55K-$75K This Quarter

Bitcoin is expected to trade within a narrow range this quarter, according to Michael Novogratz, founder of Galaxy Digital Holdings Ltd. “Bitcoin, ethereum and everything else, solana will consolidate,” he said last week, adding that it m...

20 May 2024

Skybridge’s Scaramucci: Institutional Adoption of Bitcoin Is Happening Now

Anthony Scaramucci, founder of Skybridge Capital, believes that the institutional adoption of bitcoin is happening now. Highlighting recent developments like the State of Wisconsin Investment Board investing in Blackrock’s spot bitcoin exchange-...

19 May 2024

Donald Trump Viewed as ‘America’s First Crypto President’ by Former CFTC Chairman

Former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo has emphasized former U.S. President Donald Trump’s critical role in the cryptocurrency industry, dubbing him “America’s first crypto president” due...

19 May 2024

US Congress Passes First Standalone Crypto Legislation

The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President Joe Biden has threatened to v...

19 May 2024

Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers si...

19 May 2024

Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched

As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and associated with these tangible ass...

19 May 2024

Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers

The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approaches. The founder of the onch...

19 May 2024

10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days

According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten newly introduced spot bitcoin...

19 May 2024

Vitalik Buterin Outlines Improvements for Ethereum’s Decentralized Future

Ethereum co-founder Vitalik Buterin has proposed several enhancements aimed at improving the network’s permissionlessness and decentralization. The proposed changes focus on tackling issues such as miner extractable value (MEV), hardware require...

19 May 2024

How Does Bitcoin’s Search Interest Change in the Philippines Post-Halving?

Historical trends, as noted by Certified Technical Analyst Joseph Lejarde, suggest that Bitcoin's price typically takes months to surge after halving events.

15 May 2024

Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.

14 May 2024

Price analysis 5/13: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Bitcoin's strong rebound of the $60,000 level is encouraging but it still could be a hint that BTC's range-bound action could continue for some time.

13 May 2024

Hong Kong Bitcoin and Ether ETFs See $39M Outflows on Monday: Farside Investors

Previous outflows hovered around the $6 million mark, signaling a significant uptick in negative flows on Monday.

13 May 2024

Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week

The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.

13 May 2024

New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities

New Hampshire State Representative Keith Ammon discussed the potential benefits of the state diversifying its financial reserves into Bitcoin exchange-traded funds (ETFs) in a May 12 social media post. The SEC approved trading spot Bitcoin ETFs on US exchanges in January. Since then, the products have generated huge interest, with major financial institutions like JPMorgan […]
The post New Hampshire representative proposes Bitcoin ETF investment to address state financial liabilities appeared first on CryptoSlate.

13 May 2024

OKX surpasses 50% of Bitcoin Runes market share

The protocol is now an integral part of the Bitcoin ecosystem alongside Ordinals and BRC-20 tokens.

13 May 2024

First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound

The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

13 May 2024

Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

Lower cost miners have increased market share since the bitcoin halving event, the report said.

13 May 2024

Japanese listed firm adds Bitcoin as reserve asset with 117 BTC

Since announcing its Bitcoin strategy in April, Metaplanet has accumulated around 117.7 BTC valued at $7.2 million.

13 May 2024

Bitcoin Below $60K Could Trigger ‘Panic’ Selling, Crypto Analyst Says

One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.

13 May 2024