Bitcoin

TLDR Bitcoin’s hash rate has declined 7.7% since its April peak, indicating possible miner capitulation. Miners are experiencing reduced profitability due to the recent halving event and lower Bitcoin prices. Daily miner outflows have spiked, […]

TLDR Bitcoin has gained about 4.5-5% since the weekend Analysts predict a potentially bullish July for Bitcoin based on historical trends On-chain metrics show network-wide accumulation but also hint at potential issues Bitcoin ETFs recorded […]

Nubank, Brazil’s banking giant, has teamed up with Lightspark, a leader in Bitcoin Lightning Network infrastructure, to bring the lightning network to 100 million users, according to the bank’s announcement. Nubank is looking at faster […]

TLDR A Bitcoin wallet from 2010 became active after 14 years of dormancy. The wallet sent 50 BTC (worth about $3 million) to Binance exchange. The Bitcoin was originally mined in July 2010 when BTC […]

TLDR The U.S. government transferred 3,940 Bitcoin (worth about $240-243 million) to a Coinbase Prime wallet on June 26, 2024. The Bitcoin was seized from convicted drug trafficker Banmeet Singh during his trial in January […]

TLDR Bitcoin payments app Strike has expanded its services to the United Kingdom. Strike now operates in over 100 countries and territories globally. UK users can buy, sell, send, withdraw, and make global payments using […]

TLDR Some analysts predict a potential Bitcoin price breakout, with targets ranging from $90,000+ to $1 million within the next year. Technical indicators like RSI and Bollinger Bands on the weekly chart suggest a possible […]

TLDR VanEck is set to launch Australia’s first-ever spot Bitcoin ETF on the Australian Securities Exchange (ASX) on June 20, 2024. The VanEck Bitcoin ETF (VBTC) will provide direct Bitcoin exposure, offering investors a secure […]

TLDR Hashdex has filed an application with the SEC for a combined spot Bitcoin and Ethereum ETF called the Hashdex Nasdaq Crypto Index US ETF. The proposed ETF would be the first to directly hold […]

TLDR Some analysts point to Bitcoin miners selling their reserves as a factor contributing to BTC’s recent price drop below $65,000. Miners have sold over 30,000 BTC since October, marking the longest distribution phase since […]