Bitcoin Surges to $72000 as Nikkei Hits 56000
Japan’s Nikkei 225 hit a record 57,000 with a 3.4% gain after Prime Minister Sanae Takaichi’s election win, boosting bitcoin to $72,000 and gold past $5,000. #Update #Crypto $BTC
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Japan’s Nikkei 225 hit a record 57,000 with a 3.4% gain after Prime Minister Sanae Takaichi’s election win, boosting bitcoin to $72,000 and gold past $5,000. #Update #Crypto $BTC
CoinShares reports quantum computing isn’t an immediate threat to Bitcoin, needing millions of qubits for risk. Gradual upgrades preferred over aggressive changes. #Update #Crypto $BTC
Coinbase CEO @brian_armstrong remains bullish on crypto, emphasizing long-term adoption and financial disruption potential amid market volatility. #Update #Crypto
Bitcoin’s price dropped below $76,000 as bears celebrate, with the Financial Times’ Jemima Kelly stating it’s “still about $69,000 too high.” Investor interest in Tether also wanes. #Update #Crypto $BTC
Drake bets $1M in Bitcoin on New England Patriots for Super Bowl LX despite odds against them. #Update #Sports
Bitcoin is in a bear market, influenced by macro assets, according to @Bitwise CEO Hunter Horsley. Institutions see potential with Bitcoin under $70K. #Update #Crypto $BTC
Economist Nouriel Roubini criticizes Trump administration’s digital asset strategy, calling it a financial risk. #Update #Crypto
Block, led by Jack Dorsey, plans performance-based job cuts affecting up to 10% of its workforce, over 1,000 employees, amid tech sector adjustments. #Update #Fintech
Bitcoin’s bearish outlook persists, with analysts predicting potential new macro lows for $BTC, suggesting a “real bottom” could be around $50K. #Update #Crypto $BTC
Bitcoin rebounds to $70,854 after a drop to $60K, with a market cap of $1.41 trillion and $50.09 billion in 24-hour trading volume. #Update #Crypto $BTC
@Bithumb has recovered 99.7% of overpaid Bitcoin due to a promotional error, covering the remaining 1,788 BTC with company funds. Affected users will receive compensation and trading fees waived for seven days. #Update #Crypto $BTC
South Korea’s @BithumbExchange mistakenly distributed $44 billion in $BTC to 695 users, recovering 99.7% within 35 minutes. No impact on trading. #Update #Crypto $BTC
@Bithumb has recovered 99.7% of overpaid Bitcoin, covering the remaining 1,788 BTC shortfall with company funds. Users affected will receive compensation and fee waivers. #Update #Crypto $BTC
Vietnam’s Ministry of Finance proposes a 0.1% personal income tax on crypto trades via licensed platforms, equating digital assets to stocks. #Update #Crypto