Bitcoin News (BTC)
Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. This page is a summary of the latest bitcoin news.
News
CryptoQuant CEO Changes Tune: Now Says Bitcoin Bull Cycle Is Over, Expects Months of Bearish Trends
CryptoQuant CEO Ki Young Ju has reversed his previous bullish stance, now predicting 6-12 months of bearish or sideways Bitcoin Price action.Bitcoin is currently...
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‘HyperBearWhale’ Trader Narrowly Avoids $330M Bitcoin Short Liquidation
Trader "Tether FUD" attracted significant attention with a $450 million leveraged short position on Bitcoin, earning $3.5 million in 24 hours.The trader narrowly avoided...
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MicroStrategy Adds 130 Bitcoin Worth $10.7 Million to Holdings by Selling Preferred Stock
MicroStrategy acquired 130 more Bitcoin for approximately $10.7 million at an average price of $82,981 per BTC.The company now holds 499,226 bitcoin purchased for...
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Bitcoin Drops 2% as Major Crypto Tokens Fall Up to 5% in Broad Market Decline
Bitcoin dropped 2% on Monday, causing a broader market decline with major tokens falling up to 5%.Traders attribute the sell-off to multi-strategy hedge fund...
News
South Korea’s Central Bank Takes ‘Cautious Approach’ to Bitcoin Reserve Possibility
South Korea's central bank has ruled out Bitcoin as a foreign exchange reserve asset, citing high volatility and potential transaction costs during market instability.Casa's...
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Bitcoin Pushes Toward $85,000 Resistance, Aiming for $90,000 Mark
Two cryptocurrencies - BinaryX (BNX) and Cosmos (ATOM) - have entered overbought territory based on their RSI indicators, signaling potential price corrections.BNX has surged...
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Russia Uses Bitcoin to Bypass Sanctions in Trade with China and India
Russia is using cryptocurrencies to facilitate trade with China and India, circumventing international sanctions imposed following its invasion of Ukraine.The Bank of Russia is...
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Bitcoin Could Reach New All-Time High Before June, Economist Predicts
Network economist Timothy Peterson predicts Bitcoin could reach a new all-time high before June 2025, potentially hitting $126,000.Historical data shows Bitcoin experiences significant gains...
Latest news
Triple-A loses $11.8M in treasury wallet breach
Triple-A confirmed unauthorized access to its treasury wallets on Saturday, leading to the loss of company-owned digital assets.The stablecoin...
WEMIX halts services after $724K stablecoin contract breach
An attacker compromised a WEMIX$-linked contract, issuing unauthorized tokens and moving approximately $724,000 in USDC.e.The attacker bridged stolen funds...
CFTC issues second warning to prediction markets in 2024
The CFTC issued a second warning this year against overly generalized self-certification of event contracts by prediction market operators.The...
