Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Craig Wright, who claims to have created Bitcoin, may face perjury charges in the UK. A London judge has sent his case to prosecutors, citing evidence of lies and document forgery. This could lead to serious legal consequences, including arrest and extradition. #Crypto
Kraken confirms receipt of $BTC and $BCH from Mt. Gox trustee. Funds will be deposited into creditors’ accounts within 7-14 days. Mt. Gox moved 95,869.97 BTC ($6.06B) recently. This marks a major step in repaying creditors and highlights Kraken’s efficiency. #CryptoNews
Bitcoin’s hashrate hit a post-halving low while its price climbed above $60K. Difficulty set to rise as 7-day average hashrate surpasses 600 EH/s. Despite low transaction fees, miners face challenges ahead. #Update #Bitcoin $BTC
Addresses linked to the bankrupt Mt. Gox exchange moved 96,396 $BTC worth over $6B to three unmarked wallets, fueling selloff concerns amid ongoing creditor repayments. Despite fears, the BTC remains in recipient wallets. #Bitcoin #Update
Bitcoin surged past $64,000 after $301M flowed into 11 U.S. spot Bitcoin ETFs, including @Fidelity’s FBTC ($36.15M) and Bitwise’s BITB ($15.24M). BlackRock CEO Larry Fink calls Bitcoin a “legitimate financial instrument.” #CryptoNews
Bitcoin may surge to $180K, predicts Laurent Benayoun of Acheron Trading, driven by institutional investments and US regulatory clarity. Galaxy Fox ($GFOX) ICO shines with its play-to-earn model and deflationary tokenomics, raising $6M in presale. #CryptoNews
Mt Gox moved 44,527 BTC ($2.84B) to a new wallet, hinting at creditor repayments after its 2014 hack. The phased plan aims to reduce market impact, with potential institutional buys as the market recovers. Wallet holds 138,985 BTC ($8.87B). #CryptoNews
MicroStrategy ($MSTR) stock surged 15% to $1,611 as Bitcoin hit $65,000. MSTR has outperformed Bitcoin, gaining 22% in five sessions and 135% since early 2024. The company’s Bitcoin strategy has influenced midcap firms and nonprofits. #Update
US spot Bitcoin ETFs have seen inflows for 7 consecutive sessions, pushing total AUM above $16B. BlackRock’s $IBIT recorded $1.2B in trading volume, and Fidelity’s $FBTC saw $410M. CEO Larry Fink calls Bitcoin “digital gold,” boosting confidence. Institutional investors drive this trend. #Bitcoin
Metaplanet ($META) purchased 21.88 BTC for $1.26M, boosting its stock by 25.81%. This move aligns with their DCA strategy, increasing their stock by 631% YTD. Analysts predict Bitcoin ($BTC) might soon surpass 100% of Metaplanet’s total assets. #CryptoNews
Investors are now more bullish on $ETH than $BTC, driven by the upcoming Ether Spot ETFs in the U.S. $ETH futures and options show strong recovery and high volatility, reflecting investor confidence. #Update
Donald Trump was shot in the ear at a Pennsylvania rally but is “fine” and will attend the RNC. Bitcoin surged from $58,000 to $63,218, with the crypto market cap increasing by 5% to $2.29T. #Update #Bitcoin #Crypto
BlackRock CEO Larry Fink backs Bitcoin, calling it “digital gold” amid global economic challenges. He highlights its non-correlated returns and value during high inflation, with Bitcoin surpassing $73K this year. Fink now advocates for Bitcoin in diversified portfolios. #Update #Bitcoin #Finance
An anonymous Bitcoin whale moved 1,000 BTC, worth $62.5M, after 12 years of dormancy. Bought in 2012 for $11,908, the investment saw a 500,000% increase. Transaction on Jan 19, 2024, confirmed on July 14. Bitcoin surged to $62,554. #Update #Bitcoin $BTC
