Bitcoin

TLDR Federal prosecutors recommend 18-month jail sentence for Heather Morgan (“Razzlekhan”) for her role in laundering stolen Bitfinex Bitcoin Morgan provided “substantial assistance” to the government, leading to a plea bargain She pled guilty to […]

TLDR: Bitcoin price declined below $61,850, now holding at $60,000 support Potential for further losses if price fails to rise above $61,250 resistance Trader suggests a large price move is imminent due to price compression […]

TLDR Babylon, a Bitcoin staking platform, completed its second staking round on October 8, 2024 Deposits increased from about 1,000 BTC to approximately 24,000 BTC ($1.5 billion) The staking round lasted for 10 Bitcoin blocks, […]

TLDR BlackRock views Bitcoin as a “gold alternative” for wealth protection Bitcoin’s limited supply makes it appealing as an inflation hedge Institutional investors are increasingly entering the Bitcoin market Ethereum is seen as a “technology […]

TLDR Bitcoin remains stable above $61,100 despite geopolitical tensions Significant whale accumulation of Bitcoin observed Bitcoin ETFs see outflows while Ethereum ETFs experience inflows XRP drops over 10% following SEC’s decision to appeal regulatory ruling […]

TLDR Ripple launches cross-border payment service in Brazil with Mercado Bitcoin IMF urges El Salvador to tighten Bitcoin regulations JPMorgan sees geopolitical tensions and US elections driving Bitcoin demand Bitcoin trading around $61,180, consolidating near […]

TLDR North Carolina Bitcoin community organizing search-and-rescue mission for Hurricane Helene victims 12-person team with vehicles and supplies to deploy on October 4 from Greensboro Focus on overlooked western NC communities with little state/federal support […]

TLDR Hut 8 paid off $38M loan from Anchorage Digital through stock conversion Conversion price was at 51% premium to recent average share price Hut 8 still carries around $290M in debt, including $150M convertible […]

TLDR Bitcoin’s price expected to benefit from US presidential election regardless of outcome Historical data shows strong Q4 performance for Bitcoin, especially in halving years Failure of both parties to address US debt and deficit […]

TLDR BlackRock’s iShares Bitcoin Trust (IBIT) led with $184 million in inflows US Bitcoin ETFs saw 5 consecutive days of positive inflows Total net inflows for US Bitcoin ETFs reached $246 million this week GBTC’s […]