Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
The U.S. Senate Banking Committee advanced the Digital Asset Market CLARITY Act, aiming to clarify digital asset regulations, amid banking lobby pushback against consumer rewards, impacting 68.5M crypto users. #Update #Crypto $BTC
@ZodiaCustody CEO Julian Sawyer emphasized that every bank will need to hold digital assets as Standard Chartered’s acquisition progresses, merging its custody operations with Zodia by August. #Update #Crypto $BTC $ETH
Bitwise’s report estimates bitcoin’s fair value at $224,000 as a hedge against G20 sovereign defaults, citing rising bond yields and potential monetary policy shifts. Bitcoin trades near $66,300. #Update #Crypto $BTC
A physical bitcoin from the 2011-2013 @Casascius mint was redeemed, transferring 25 BTC worth $1.78 million to a new wallet, impacting its collectible status. #Update #Crypto $BTC
@MicroStrategy’s recent sale of $BTC impacted market sentiment, but Citi views it as part of a tax strategy, noting negative ETF flows and diminishing chances for U.S. crypto legislation. #Update #Crypto $BTC
The CoinDesk 20 Index is at 1862.4, down 0.6%. Leaders include $NEAR (+15.1%) and $XLM (+5.7%), while $BCH (-10.7%) and $BNB (-3.4%) lead the decline. #Update #Crypto $BCH
Bitcoin falls below $67k as over $1.4B in longs liquidated; ETH and SOL also drop amid Bitcoin ETF outflows exceeding $3B. #Update #Crypto $BTC
Winklevoss twins transferred 1,000 BTC worth $67.5M to a hot wallet on @Gemini, raising selloff concerns as Bitcoin struggles below $66K amid market downturn. #Update #Crypto $BTC
@Trezor and Tropic Square revealed a vulnerability in the TROPIC01 chip found during a Ledger Donjon audit, assuring that the Safe 7 wallet and user funds remain secure. #Update #Crypto
Ethereum developer Justin Drake warns that advancements in quantum computing could threaten Bitcoin and Ethereum’s cryptography, estimating a 50% chance of breaches by 2032. @GoogleQuantumAI’s Shor’s algorithm shows tenfold improvements. #Update #Crypto $ETH $BTC
Bitcoin ($BTC) is trading near $66,000, at a historical low per the Power Law model, indicating potential for a rebound despite previous market stress events. #Update #Crypto $BTC
Bank of America appoints Adam Dixon as global head of digital asset transformation to consolidate crypto initiatives, signaling readiness for operational strategy amid evolving regulations. #Update #Crypto
El Salvador’s bitcoin reserve nears 7,600 BTC, valued over $510M, despite IMF pressure. President Bukele continues daily purchases amid market dips. #Update #Crypto $BTC
Bitcoin.com launches Checkout app with zero merchant fees and auto-settlement to stablecoins, enhancing crypto payment flexibility for businesses. #Update #Crypto
