Bitcoin Recovery: Bithumb’s 7 BTC Mistake
@Bithumb is pursuing legal action to recover 7 $BTC from a mistaken payout in February. The Bitcoin’s current value exceeds $500,000. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Must Break $30K to Continue Rising
Bitcoin needs to regain trading momentum with higher volumes for $BTC to reclaim $80,000 as support and sustain its recovery. #Update #Crypto $BTC
Bitcoin Co-Founder Donates $5.4M to Reform UK
BitMEX co-founder Ben Delo donates $5.4M to Nigel Farage’s Reform UK before new overseas donation cap, aiming to support crypto-friendly policies. #Breaking #Crypto
Bitcoin Developer Launches Quantum-Resistant Wallet
Lightning Labs CTO Olaoluwa Osuntokun unveils a prototype to protect $BTC wallets from quantum threats, with <1 min proof time and 1.7MB size. #Update #Crypto $BTC
Bitcoin ETF Launches with $30M Day One
Morgan Stanley launched the Bitcoin Trust (MSBT), attracting over $30M on its first day with a low fee of 0.14%, enhancing security via a mixed asset custody model. #Update #Crypto $BTC
Bitcoin Legal Action Launched to Recover 7 BTC
@Bithumb initiates legal action to recover 7 BTC from a February payout error that mistakenly distributed 620,000 BTC; court measures target users refusing to return funds. #Update #Legal $BTC
Bitcoin’s Future Rides on Oil’s Volatility
Bitcoin’s price rebounds to $70,900 amid a ceasefire between the U.S. and Iran, affecting oil prices; analysts suggest sustained oil weakness could push BTC to $80,000. #Update #Crypto $BTC
Bitcoin Liquidation: Cango Secures $75M Capital
Cango Inc. sold 6,451 BTC for $442M, reducing crypto-backed debt to $30.6M and securing $75M in new capital for AI pivot. #Update #Crypto $BTC
Bitcoin: Adam Back Denies Satoshi Claims
The New York Times investigation suggests Adam Back as Bitcoin’s creator, Satoshi Nakamoto. Back denies the claim, citing confirmation bias. $BTC price dipped 2.4% post-publication. #Update #Crypto $BTC
Bitcoin Surges to $72K After $280M Liquidation
Bitcoin ($BTC) surged 6% to over $72K after a $280M liquidation event amid a US-Iran ceasefire, but bearish sentiment lingers with potential corrections to $68K. #Update #Crypto $BTC
Bitcoin Faces Manageable Quantum Threat Says Bernstein
@Bernstein reports that the quantum computing threat to Bitcoin is real but manageable, emphasizing it as a long-term upgrade cycle rather than an immediate risk. #Update #Crypto $BTC
Bitcoin Miner Cango Sells $143M BTC
Cango Inc. reduced its Bitcoin production cost to $68,216 per BTC by decommissioning inefficient miners and relocating to cheaper power regions, selling 2,000 BTC to reduce debt. #Update #Crypto $BTC
Bitcoin Trims Gains Uptrend Remains Strong
Bitcoin price rises above $70,500, forming a bullish flag with resistance at $71,650; potential gains if support holds above $70,250. #Update #Crypto $BTC
Bitcoin Surges to $72K After $280M Liquidation
Bitcoin ($BTC) surged 6% after a US-Iran ceasefire, triggering $280M in liquidations, but bearish sentiment persists amid legislative setbacks and inflation concerns, with potential corrections to $68K. #Update #Crypto $BTC