Bitcoin Behaves Like Digital Gold Surging
Bitcoin’s three-month correlation with gold has reached a six-year high, as it gained 22.4% last week amid economic shifts, suggesting its role as a hedge against currency debasement. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Wallet Recovery Yields Just $10
Crypto recovery specialist @CryptoAssetRecovery found only $10 in a wallet claimed to hold $1B in crypto, suspecting client Rusty was scammed. #Update #Crypto $BTC $ETH
Bitcoin Recovery Specialists Uncover $10 in $1B Wallet
Recovery specialists from @CryptoAssetRecovery traveled to assist a client claiming $1B in crypto but found only $10, suggesting he was scammed. #Update #Crypto $BTC $ETH
Bitcoin Reacts to Non-Farm Payrolls Data
Bitcoin traders are focusing on the upcoming nonfarm payrolls report for August, expected to show 56,000 job gains, impacting Fed policy ahead of the September meeting. $BTC is currently near $77,900. #Update #Crypto $BTC
Bitcoin CEO Defends Selling Bottom Strategy
Bitcoin rebounds 1.3% to $77.9k as bond yields cool; @KrakenFX parent delays IPO to Q2 2027; Binance sees $1B stablecoin inflow in August. #Update #Crypto $BTC
Bitcoin Rises as Yen Surges Boosts Market
The yen’s surge has contributed to a decline in the Dollar Index, positively impacting $BTC and gold prices for now. #Update #Crypto $BTC
Bitcoin Must Adapt to New Bond Yield Trends
Bitcoin’s price dynamics are shifting as FX markets stop relying on traditional bond yields, suggesting a potential change in trading strategies for cryptocurrencies. #Update #Crypto $BTC
Bitcoin Bounces as Global Funds Cut Hedges
Bitcoin is back above $77,500 with all major cryptocurrencies in the green today, despite a red week; global investors hold their lowest dollar hedges since 2015. #Update #Crypto $BTC
Bitcoin Surges Toward $78000 as Rally Extends
Bitcoin ($BTC) rose 0.76% as a weaker dollar boosted equities and metals, while $ARB and $PONS extended gains for a third session. #Update #Crypto $BTC
Bitcoin and Ether Trading Launches in UAE
@StandardChartered has launched spot trading for $BTC and $ETH for institutional clients in the UAE, marking a significant expansion of its regulated crypto services. #Update #Crypto $BTC $ETH
Bitcoin Busts Kyiv Crypto Ring $1M Monthly
Ukraine’s National Police dismantled a Kyiv-based crypto scam network, defrauding 62 victims across 20 countries, moving up to $1M monthly. #Breaking #Legal
Bitcoin Hacker Swaps Stolen Funds for ETH
A hacker linked to Coldcard wallet thefts has swapped 10% of stolen Bitcoin for $ETH via THORChain, with 90% still untouched; authorities have been notified. #Update #Crypto $ETH
Bitcoin Hacker Swaps $1M Stolen Funds for ETH
A hacker linked to Coldcard wallet thefts has swapped 10% of stolen Bitcoin for $ETH via THORChain, with authorities alerted to the new Ethereum address. #Update #Crypto $ETH
Bitcoin Funds Rebound as Ether XRP Streaks End
US-listed spot $ETH and $XRP ETFs saw net outflows of $48M and $7.2M, respectively, ending their inflow streaks, while Bitcoin ETFs attracted $101.2M amid a market decline. $ETH down 3.4%, $XRP 2.4%, and $BTC 1.3%. #Update #Crypto $ETH