Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin ($BTC) reached $63,200 amid geopolitical tensions and rising US inflation, while oil prices surged following Iran’s closure of the Strait of Hormuz. Analysts eye CME gaps for potential upside. #Update #Crypto $BTC
Bitcoin’s RSI hits 30, lowest since 2018, signaling oversold conditions. BTC rebounds 2.3% from $60,914 but remains below key moving averages. #Update #Crypto $BTC
Hungary plans to decriminalize specific cryptocurrency transactions, easing 2025 regulations that stifled trading and led to platform exits like @Revolut, following EU scrutiny. #Update #Crypto $BTC
@Audiera’s BEAT token surged 1,500% to $9.20 amid Bitcoin’s 25% and Ether’s 30% declines, driven by strong revenues and short liquidations; a potential 35% pullback looms. #Update #Crypto $BEAT
Michael Saylor of @MicroStrategy and Jack Mallers discussed mNAV calculations and dilution concerns at BTC Prague, with Saylor asserting that equity issuance isn’t inherently dilutive. #Update #Crypto $BTC
Bitcoin may face further downward pressure as investors prepare for the anticipated SpaceX IPO, potentially diverting cryptocurrency funding to the AI sector, analysts warn. #Update #Crypto $BTC
The IMF urges Nepal to regulate crypto under international standards as adoption grows despite a ban, peaking at 13% of GDP in 2021. #Update #Crypto
Morgan Stanley’s Amy Oldenberg suggests $BTC could reach $1 million over time, requiring gradual adoption or market shifts, as the firm expands its digital asset services.
South Korean police have booked Bithumb CEO Lee Jae-won for alleged bribery involving a lawmaker’s relative, intensifying a broader corruption probe. #Breaking #Legal
@Fold monetized $45M in bitcoin, erasing $20M debt and securing $25M for growth, highlighting corporate crypto treasury flexibility. #Update #Crypto
Japan’s House of Representatives approved a bill to classify $BTC, $ETH, and $XRP as financial products like stocks, potentially lowering crypto tax rates to 20% by 2028. #Breaking #Crypto $BTC $ETH $XRP
@BlackRock is nearing the launch of its bitcoin fund, offering income through call options on IBIT shares, with a competitive fee of 0.65%. #Update #Crypto $BITA
Delaware plans to ban cryptocurrency ATMs under proposed legislation HB 441 due to rising fraud cases, aligning with similar restrictions in other states. #Update #Legal $BTC $ETH
On-chain data indicates Bitcoin’s PnL Index is in a transition phase, not yet undervalued. Short-term holder whales face $16.4B unrealized losses. $BTC at $61,700, down 6% in seven days.
