Bitcoin Surges Despite 226K Jobless Claims
Bitcoin recovers to $64,350.14 despite a 1.01% 24-hour decline, following a drop in U.S. jobless claims to 226K, indicating mixed labor market signals. #Breaking #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Bull Cycle Slower Less Volatile
The next cryptocurrency bull cycle is expected to be slower and less volatile, with investor focus shifting to tokenization and AI; Bitcoin could exceed $1M in ten years. #Update #Crypto $BTC
Bitcoin Faces Illinois Tax Law Backlash
Illinois SB3019 law introduces a 0.2% tax on digital asset business activity, effective January 1, 2027, sparking industry concern over competitiveness. #Update #Crypto
Bitcoin Expands Lending with Tether Gold
@Ledn expands its lending services to include Tether Gold ($XAUt) as collateral, allowing clients to borrow against it, enhancing liquidity options without triggering taxable sales. #Update #Crypto $XAUt
Bitcoin Rally Amid Oil Price Drop
President Trump praised the U.S. stock market rally linked to the US-Iran peace deal, suggesting falling oil prices could benefit equities and the crypto market. Bitcoin risks retesting support at $64K. #Update #Crypto $BTC
Bitcoin’s Crucial Level Will Decide Future
Crypto analyst Michaël van de Poppe indicates that Bitcoin must hold above $64,000 to avoid testing new lows, predicting a potential rise to $74,000-$79,000 if successful. Currently, Bitcoin trades at $64,583. #Update #Crypto $BTC (-1) →
Bitcoin Portfolio Soars to 80% by Billionaire
Ricardo Salinas Pliego, Mexican billionaire, allocates 80% of his portfolio to $BTC, viewing it as superior to fiat and gold. He criticizes fiat’s reliability and dismisses non-Bitcoin crypto investments. #Update #Crypto $BTC
Bitcoin Financing Capacity Approved at $120B
@CapitalB’s shareholders approved new capital-raising instruments potentially worth €105B ($120.4B) to enhance Bitcoin acquisitions, risking significant dilution for existing shareholders. #Update #Crypto $BTC
Bitcoin Safeguards Tighten in Ireland Plan
Ireland’s government launched a National Risk Assessment targeting crypto misuse, enhancing safeguards and due diligence standards for digital finance. #Update #Crypto
Bitcoin Concerns Rise as STRC Stock Plummets
@MicroStrategy’s preferred stock STRC has hit a record low of $88, 11% below its $100 target, pausing Bitcoin purchases and raising concerns over its BTC acquisition strategy. #Update #Crypto $BTC
Bitcoin Mining Pool Launches in Oman
@Enegix Global has launched Omanhash.om, a national Bitcoin mining pool in Oman, consolidating 10 EH/s of hash rate. This aligns with Oman’s digital economy strategy. #Update #Crypto $BTC
Bitcoin ETFs Plummet $82M Ark Blackrock
Bitcoin ETFs lost $82.2M on June 17, with ARKB and IBIT leading outflows; Ether ETFs saw $29M+ exit. HYPE gained $2.1M, Solana $1.1M. #Update #Crypto
Bitcoin Faces Dollar Index Breakout Challenge
Bitcoin ($BTC) is under pressure, trading near $63,900, down nearly 1% as the Dollar Index ($DXY) rises 0.26%, potentially impacting crypto markets negatively. #Update #Crypto $BTC
Bitcoin Futures Clash CME Sues CFTC
CME Group plans to sue the CFTC over its approval of crypto perpetual futures, arguing they are swaps under the Dodd-Frank Act. #Breaking #Legal