Bitcoin Stalls Below $76K Despite Rising Activity
Bitcoin $BTC is testing $76,000 amid a $450 million sell wall, with derivatives activity rising; total liquidations surged 140% to $529 million, indicating upward pressure. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin CEO Resigns Amid Leadership Shakeup
Stack BTC appoints David Galan as CEO after Jai Patel steps down; Nigel Farage invested $291,000 in the firm, prompting calls for an FCA inquiry. #Update #Crypto
Bitcoin Surges Above $75K Bears Unyielding
Bitcoin holds above $75K, but negative funding rates suggest a potential short squeeze risk as $BTC derivatives traders remain bearish. MicroStrategy’s recent $2.6B accumulation supports price. #Update #Crypto $BTC
Bitcoin Surges Amid Israel Lebanon Peace
$BTC rallies following a fragile peace deal between Israel and Lebanon, boosting market confidence. #Update #Crypto $BTC
Bitcoin Rally Expected as US-Iran Extend Ceasefire
The US and Iran have extended their ceasefire for another two weeks, prompting positive market reactions; Bitcoin is currently at $74,240.37. #Update #Crypto $BTC
Bitcoin Advocate Lummis Challenges Fed Chair Powell
Circle faces a class-action lawsuit for failing to freeze $USDC amid the $280M Drift Protocol hack, causing CRCL stock to drop 1.42% in after-hours trading. #Breaking #Legal $CRCL
Bitcoin Transfers $606K from 2016 Hack
The U.S. government transferred $606,000 in bitcoin linked to the 2016 Bitfinex hack to Coinbase Prime; these assets are mandated for restitution to Bitfinex. #Update #Crypto $BTC
Bitcoin ETF Launches by Morgan Stanley
Morgan Stanley launches MSBT, the first spot Bitcoin ETF by a major U.S. bank, at NYSE, marking a shift in institutional access to digital assets. #Update #Crypto $BTC
Bitcoin Must Surge Above $76K Now
Bitcoin ($BTC) struggles to reclaim $76,000; analysts indicate a need for a high-time frame close above this level to confirm a bullish trend. Market health shows gradual recovery. #Update #Crypto $BTC
Bitcoin Gains Privacy Layer Amid Institutional Demand
@VerifiedX has launched Prism, a privacy layer for $BTC, enabling encrypted transactions while ensuring compliance, addressing institutional concerns over transparency in public blockchains. #Update #Crypto $BTC
Bitcoin to XRP Swap Gains Momentum
A crypto analyst advises swapping $BTC for $XRP, citing ECB President Christine Lagarde’s comments on Bitcoin’s reserve limitations and potential institutional favor for XRP. #Update #Crypto $XRP
Bitcoin Scandal: $320M Crypto Ring Exposed
Brazil’s Federal Police arrested MC Ryan SP in a $320M crypto laundering ring, Operation Narco Fluxo, spanning 8 states. Suspects face charges. #Breaking #Legal @FederalPolice
Bitcoin Ethereum Spot Trading Launches at Schwab
Charles Schwab launches Schwab Crypto for $BTC and $ETH spot trading, boosting confidence in Bitcoin stability above $68K. #Update #Crypto $BTC
Bitcoin Raises $1.76B for Strategic Acquisition
@MicroStrategy’s Strategy STRC ATM facility raised $1.76B, potentially enabling the purchase of 23,934 BTC, increasing its reserve to 804,831 BTC. MSTR stock rose 1.28% to $139.17. #Update #Crypto $BTC