Bitcoin Jumps 25% on $100 Million Infusion
@Gemini’s revenue rose 42% YoY to $50.3M, reducing its net loss by 27% from $149.3M last year, leading to a 25% jump in value following a $100M bitcoin infusion. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin CLARITY Act Not Bretton Woods Moment
The U.S. Senate Banking Committee advanced the CLARITY Act 15–9, signaling a regulatory shift from enforcement-heavy actions toward legislative clarity in crypto. #Update #Crypto
Bitcoin: Trump Officials Hold $193M Assets
Trump officials reported at least $193M in crypto assets, with Trump holding $51M. Major investments include Bitcoin and Coinbase. Regulatory shifts favor crypto under Trump’s administration. #Update #Crypto $BTC
Bitcoin Price Levels Surge Ahead of CLARITY Vote
Bitcoin price trades below $80,000 as investors prepare for the US Senate CLARITY Act markup vote, potentially leading to significant price fluctuations. #Update #Crypto $BTC
Bitcoin Loses Clarity Gains Amid Macro Rout
Bitcoin retraced gains from the Clarity Act as stocks, gold, and crypto fell on Friday, with crude oil surpassing $100 amid reassessed Fed rate hike expectations. #Update #Crypto $BTC
Bitcoin Forecasts $42,800 Price Bottom
Bitcoin price forecast predicts a bottom of $42,800 based on power law analysis. This analysis provides insights into potential market movements. #Update #Crypto $BTC
Bitcoin ETFs Lose $1B Ending Inflow Streak
Spot Bitcoin ETFs experienced $1 billion in net outflows last week, halting a six-week inflow streak. Spot Ether ETFs also saw consistent outflows totaling $254.46 million. #Update #Crypto $BTC $ETH
Bitcoin Miner IREN Secures $3B for AI
IREN Limited closed a $3 billion convertible senior notes offering to fund AI infrastructure, following deals with Nvidia and Microsoft. #Update #Finance
Bitcoin Reserves Plummet 76% in Bhutan
@ICE and @CMEGroup have urged U.S. regulators to act on unregulated crypto platform Hyperliquid, citing risks of anonymous trading affecting global oil prices. Hyperliquid disputes these claims. #Update #Crypto $BTC
Bitcoin Slides to $78K as Longs Lose $500M
A liquidation cascade led to $500 million in losses for crypto longs as $BTC slid to $78,000, with $SOL and $XRP down 5% amid a global bond selloff. #Update #Crypto $BTC
Bitcoin Soars After US CLARITY Act Approval
Bitcoin ($BTC) surged 3.15% to $79,084 as the US Senate Banking Committee advanced the CLARITY Act, boosting market optimism; however, caution is advised amid high bullish sentiment. #Update #Crypto $BTC
Bitcoin Bans Premier League Sponsorships
Entain’s general counsel warns six Premier League clubs over unlicensed gambling sponsors, citing cryptocurrency reliance and regulatory concerns. #Update #Legal
Bitcoin Soars After US CLARITY Act Approval
Bitcoin ($BTC) sentiment spikes as the US Senate Banking Committee advances the CLARITY Act, with Bitcoin trading at $79,084, up 3.15% since May 1. Caution advised amid bullish social media trends. #Update #Crypto $BTC
Bitcoin Dispute: Bhutan Denies $1 Billion Sale
Over $1 billion in bitcoin has exited wallets linked to Bhutan in the past year, yet the country claims it has not sold any. #Update #Crypto $BTC