Pakistan Crypto Council proposes using excess energy for BTC mining
Bilal Bin Saqib, the CEO of Pakistan’s Crypto Council, has proposed using the country’s runoff energy to fuel Bitcoin (BTC) mining at the Crypto Council’s...
Tag: bitcoin updates
Bitcoin is just seeing a ‘normal correction,’ cycle peak is yet to come: Analysts
Bitcoin’s correction from its January peak is a typical cycle pullback and is not out of the ordinary, with a price top still on the...
Bitcoin’s role as an inflation hedge depends on where one lives — Analyst
For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the...
Bitcoin high-entry buyers are driving sell pressure, price may ‘floor’ at $70K
Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm...
Bitcoin investors share mixed reactions to White House Crypto Summit
Institutional crypto investors tended to view the White House Crypto Summit more favorably than retail traders and BTC maximalists....
Bitcoin will ‘likely continue to consolidate’ in this pullback phase — Analyst
Bitcoin long positions may “become viable” after long-term seller supply increases again, says one crypto analyst....
Vitalik Buterin joins calls to free crypto advocate Roger Ver
Following the successful campaign to free Silk Road founder Ross Ulbricht, industry executives have turned their attention to Roger Ver....
Can Bitcoin’s hard cap of 21 million be changed?
Explore the history of attempts to change Bitcoin’s 21-million hard cap and why it has proven to be hard to create an alternative to the...
Security execs weigh in on ‘staggering’ scale of record Bybit hack
The record-breaking $1.4 billion Bybit hack displays the “increasingly creative exploits” seen in the crypto industry, Halborn’s co-founder told Cointelegraph....
Bitcoin’s price movement ‘looks very manufactured’ — Samson Mow
“It seems like it’s some sort of price suppression,” said Mow during a panel discussion at Consensus Hong Kong....
Understanding perpetual strike preferred stocks: Strategy’s latest offering explained
Strategy’s latest capital-raising method, perpetual strike preferred stock, is designed to fund Bitcoin buys with priority dividends, conversion options and controlled dilution....
Bitcoin bull market can survive $77K BTC price dip in 2025 — Analyst
Bitcoin should not reenter a bear market in 2025, even with a 30% BTC price drop, says CryptoQuant CEO Ki Young Ju....
Crypto custodian BitGo launches OTC trading amid rumored late 2025 IPO
OTC infrastructure firm Finery Markets says OTC trading volume skyrocketed last year, driven by Donald Trump’s election win and demand for spot crypto ETFs....
Saylor’s Strategy proposes $2B convertible note offering to buy more Bitcoin
Michael Saylor’s Strategy is looking to raise another $2 billion via 0% convertible notes to purchase more Bitcoin, potentially adding to the firm’s 478,740 Bitcoin...
Traders eye SOL/ETH reversal amid memecoin fallout
The ratio of SOL to ETH is reversing course after reaching record highs in January amid memecoin scandals....
Is Ethereum bottoming out at last? Analysts weigh in
ETH price mirrors its 2019-2020 cycle chart pattern that preceded a 2,550% price rally. Can history repeat itself in 2025?...
Ethereum L2 Abstract hit by wallet drain, ties to Cardex suspected
Abstract devs said the wallet drain was “not a global AGW issue” but isolated to a specific application, a potential breach in the Abstract-based game...
Ether reserves on exchanges hit 9-year low as supply shrinks
Diminishing Ether supply on exchanges may signal an incoming price rally driven by a “supply shock,” which occurs when strong buyer demand meets decreasing available...
FTX’s $1.2B repayments mark key moment in crypto industry recovery
FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings....
Polymarket bets on Fort Knox audit as reserve debate heats up
Polymarket launched two related prediction markets as pressure mounts on US President Donald Trump to conduct an audit of Fort Knox gold reserves....
Ethereum shows signs of life as holders move ETH off exchanges: Santiment
A minor move for Ethereum has outpaced the border crypto market while exchange balances have declined....
Hong Kong investment firm’s shares surge 93% after buying just 1 Bitcoin
HK Asia Holdings Limited has seen its shares nearly double in a day after it shared that it had purchased a single Bitcoin....
Australian police find ‘Aladdin’s cave’ of stolen Bitcoin ATMs, Pokemon cards
Four have been arrested for allegedly stealing $50,000 worth of trading cards, along with firearms, car keys and six crypto ATMs....
Ethereum price rallies to 2-week high above $2.8K — Data suggests it’s a pump-n-dump
Ether price rallied 7% after a new memecoin protocol was launched, but data shows traders are not buying the hype....
Price analysis 2/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK
Bitcoin bulls appear reluctant to buy dips after BTC’s repeat failures to secure a close above $98,500....
MEMX exchange files to list 21Shares XRP ETF
The exchange seeks to list the ETF as a commodities-based trust, according to the filing....
Bitcoin leads first major weekly crypto ETP outflows of 2025 at $430M
Bitcoin ETPs saw the largest outflows last week, as BTC is highly sensitive to interest rate expectations, CoinShares’ James Butterfill said....
$102K BTC price 'short squeeze'? 5 Things to know in Bitcoin this week
Rangebound BTC price action is spawning more and more bets of a Bitcoin trend test next....
Bitcoin to pump as world is on ‘brink of max chaos’ — Bitwise execs
Bitwise CEO Hunter Horsley and head of alpha Jeff Park say macroeconomic signals are flashing that Bitcoin is ready for a price pump....
Sleuth says new evidence links Jack Dorsey to Bitcoin like never before
Seán Murray claims Bitcoin’s first transaction was made on Jack Dorsey’s mother’s birthday while Satoshi mined their last block on Dorsey’s father’s birthday....
Real AI use cases in crypto, No. 3: Smart contract audits & cybersecurity
Every day this week we’re highlighting one genuine, no bullsh*t, hype free use case for AI in crypto. Today it’s the potential for using AI...
Poloniex prepares to resume withdrawals after $100M hack
Cryptocurrency exchange Poloniex is preparing to resume withdrawals and deposits after suffering a $100-million hack on Nov. 10. Poloniex took to X (formerly Twitter) on...
Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion
A new Bitcoin nonfungible token (NFT) marketplace aims to reduce network fees associated with the advent of Bitcoin Ordinals inscriptions by tapping into the Internet...
Santander appoints crypto custodian Taurus to safeguard Bitcoin, Ether: Report
Spanish financial services giant Banco Santander has reportedly selected digital asset management firm Taurus to safeguard its Swiss clients’ Bitcoin (BTC) and Ether (ETH). On...
Jack Dorsey wants to decentralize Bitcoin mining with new investment
Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards...
Ethereum donations top Save the Children HODL Hope Campaign
An ongoing crypto donation campaign dedicated to improving the lives of children worldwide has received over $7.6 million to date, half of which was donated...
Interactive Brokers opens Hong Kong retail crypto trading with OSL
Interactive Brokers, one of the largest brokerage firms in the world, has opened crypto trading for retail clients in Hong Kong. According to the Nov....
‘Buy the rumor, sell the news’ — Bitcoin ETF may spark TradFi sell-off
Bitcoin (BTC) may suffer when the United States approves the first spot exchange-traded fund (ETF), a new warning says. In a thread on X (formerly...
Real AI use cases in crypto, No. 2: AIs can run DAOs
For every genuine blockchain project harnessing artificial intelligence there are 100 coins trading off the hype. Magazine spoke with Near founder Illia Polosukhin, Framework Ventures...
Bitcoin mining firm Phoenix Group delays share listing
Cryptocurrency mining firm Phoenix Group is preparing for its public trading launch after seeing a significant oversubscription during the pre-market sale on Nov. 21. Phoenix’s...
Why Binance’s US plea deal could be positive for crypto adoption
Many predicted that Binance would never embrace regulation — it would only pretend to comply in jurisdictions like the United States. No more. Binance pleading...
Vitalik Buterin thinks AI may surpass humans, community responds
Ethereum founder Vitalik Buterin’s blog post highlighting the threats he sees artificial intelligence (AI) could pose to humanity has attracted many fiery responses from AI and...
11th anniversary of Bitcoin’s first halving: From $12 to $37,000
Bitcoin (BTC), the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first...
Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment
Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100...
Price analysis 11/27: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
Bitcoin (BTC) has started the week on a negative note. The failure of the bulls to pierce and sustain above the $38,000 resistance has given...
Real AI use cases in crypto, No. 1: The best money for AI is crypto
For every genuine blockchain project harnessing artificial intelligence in an attempt to create a better world — like Dr Ben Goertzel’s Singularity.net — there are...
Binance-linked HKVAEX still preparing to apply for license in Hong Kong
Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson...
BTC price eyes $40K amid record hash rate — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next? BTC price action has held higher...
Bankless controversy forces founders to burn tokens and separate from DAO
Amid the ongoing controversy around cryptocurrency media Bankless and the associated decentralized autonomous organization (DAO), BanklessDAO, the founders of Bankless have suggested separating the brand...
Crypto miner Hive expands data center operations in Sweden
The cryptocurrency mining company Hive Digital Technologies has revealed plans to expand its global presence through a new acquisition of property and a data center...
Robert Kiyosaki recommends Bitcoin, gold, silver investments ‘before it’s too late’
Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, has reiterated his support for assets like Bitcoin (BTC), gold and silver...
How to buy Bitcoin and Ethereum in the UK
To navigate the process of buying Bitcoin effectively, it is essential to explore secure options. In the United Kingdom, acquiring cryptocurrencies is legal, yet it...
Bitcoin bulls hold firm into weekly close: BTC price eyes $39.3K
Bitcoin (BTC) held near $38,000 into the Nov. 26 weekly close as traders boosted their BTC price optimism. BTC/USD 1-hour chart. Source: TradingView Bitcoin buyers...
BlackRock meets with SEC over ETF, Binance’s new era begins and SBF loses release bid: Hodler’s Digest, Nov. 19-25
Top Stories This Week US officials announce $4.3B settlement with Binance, plea deal with CZ Binance and its co-founder, Changpeng “CZ” Zhao, have reached a...
BitMEX co-founder predicts Bitcoin surge amid dollar liquidity rise
BitMEX co-founder Arthur Hayes is bullish on Bitcoin (BTC). Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and...
Blast network hits $400M TVL, rebuts claim that it’s too centralized
Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data...
Square Enix announces auction dates for Symbiogenesis NFTs
Final Fantasy game developer Square Enix has announced auction dates for its upcoming Symbiogenesis nonfungible tokens (NFTs). In a Nov. 24 social media post, the...
Price analysis 11/24: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Bitcoin (BTC) broke above the overhead resistance of $38,000 on Nov. 24, indicating that the sentiment is positive and bulls have kept up the pressure....
‘Enjoy sub-$40K Bitcoin’ — PlanB stresses $100K average BTC price from 2024
Bitcoin (BTC) buyers should enjoy the chance to add to their stack below $40,000, says one of the crypto industry’s household names. In a post...
Tether, Bitfinex agree to drop opposition to FOIL request
Tether and Bitfinex have jointly agreed to drop initial opposition to a Freedom of Information Law (FOIL) request lodged in New York by a number...
Bitcoin critic, ECB chief Lagarde says her son ‘ignored’ her, lost money on crypto: Report
European Central Bank (ECB) president and prominent Bitcoin (BTC) critic Christine Lagarde has shared a family story about unsuccessful cryptocurrency investments, according to a report...
Bitcoin buyer pushes BTC price past $38K as traders demand key breakout
Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking. BTC/USD 1-hour chart. Source: TradingView Bitcoin fights...
Do Kwon extradition approved by Montenegro court
The saga of Terraform Labs co-founder Do Kwon continues to unfold, with a court in Montenegro approving his extradition to either South Korea or the...
Cathie Wood’s ARK dumps 700K GBTC shares in one month
Cathie Wood’s investment firm, ARK Invest, has sold 700,000 shares of the Grayscale Bitcoin Trust (GBTC) over the past month, even as Bitcoin (BTC) hit...
Raiffeisenlandesbank to launch Bitcoin trading in early 2024
The Austrian subsidiary of European lender Raiffeisen Bank is preparing to allow its clients to trade cryptocurrencies like Bitcoin (BTC) in the coming months. After...
Jim Cramer admits he was wrong about Bitcoin — ‘I was premature’
Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency....
‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads
The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward, which is expected to...
HTX hacked again for $30M, 100K Koreans test CBDC, Binance 2.0: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. HTX exchange hacked… again In the fourth hack affecting the HTX...
Ethereum (ETH) price reclaims $2K as data shows a surge in network activity
Ether’s (ETH) price is trading slightly higher on Nov. 23, maintaining support above the $2,000 level after briefly retesting $1,930 on Nov. 21. Over the...
Bitcoin to $1M post-ETF approval? BTC price predictions diverge wildly
Bitcoin (BTC) may not reclaim $40,000, despite increasing excitement over a spot exchange-traded fund (ETF). In recent analyses, crypto market participants have started to reconsider...
Bitcoin supercycle 2024: Is this the cycle to end them all?
The conventional wisdom of the cryptoverse is that there is a boom-and-bust cycle to the blockchain and cryptocurrency industry. This cycle is led by the...
Bitcoin user pays $3.1M transaction fee for 139 BTC transfer
A Bitcoin user paid 83.7 Bitcoin (BTC), worth $3.1 million, in transaction fees for transferring 139.42 BTC. The transaction fee of $3.1 million is the...
Milei presidential victory fuels optimism in Argentina’s Bitcoin community
After a long and dramatic presidential race, libertarian candidate Javier Milei triumphed in Argentina’s presidential election on Nov. 19. Milei promises to abolish the country’s...
Justin Sun-related crypto platforms hacked 4 times in 2 months
Tron founder Justin Sun’s crypto businesses have come under repeated attacks from hackers over the past two months, with at least four hacks on platforms...
Bitcoin ETF hype returns as ‘aggressive bid’ sends BTC price near $38K
Bitcoin (BTC) took fresh aim at $38,000 into Nov. 23 as an “aggressive bid” dispelled cold feet over Binance’s $4.3 billion fine. BTC/USD 1-hour chart....
Is Binance’s $4B settlement the green light for spot Bitcoin ETFs?
Binance’s $4.3-billion settlement with the United States was the final hurdle before the country’s securities regulator approves spot Bitcoin (BTC) exchange-traded funds (ETFs), many industry...
65% plunge in Web3 Games in ’23 but ‘real hits’ coming, $26M NFL Rivals NFT: Web3 Gamer
As the year winds down, every gaming company and its dog are dropping year-in-review reports. A recent report from blockchain gaming accelerator Game7 suggests that...
Price analysis 11/22: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX
Traders hate uncertainty; hence, the settlement between Binance, Changpeng “CZ” Zhao and the United States Department of Justice is likely to be viewed as a...
BTC price bounces 3% post Binance amid call for Bitcoin bulls to ‘step in’
Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm. BTC/USD 1-hour chart....
This is your brain on crypto: Substance abuse grows among crypto traders
Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders. Abdullah...
Did Binance’s CZ predict his own downfall?
Five years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among...
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
The crypto community on social media has greeted the news of the deal between Binance, Changpeng “CZ” Zhao and the United States Department of Justice...
Mt. Gox creditors offered fresh hope with new ‘commencement of repayment’ email
Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have received a new email hinting at...
Circle launches ‘bridged USDC standard’ for deploying to new networks
Circle has launched a new standard to streamline the process of launching its stablecoin, USDC, on new networks, according to a Nov. 21 blog post. ...
BTC price returns key profit mark to Bitcoin exchange users at $34.7K
Bitcoin (BTC) bought on exchanges every year since 2017 is now on average in profit, the latest data confirms. Compiled by on-chain analytics firm Glassnode,...
Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame
Dominic Frisby recalls meeting MicroStrategy’s Michael Saylor for the first time at a crypto event. What started off as an awe-struck moment became confusing after...
Bitcoin stalls below $38K as analysis hints ‘Notorious B.I.D.’ is back
Bitcoin (BTC) sought to rematch 18-month highs into Nov. 21 as order book activity gave one analyst a sense of deja vu. BTC/USD 4-hour chart....
Fantom Foundation awards $1.7M bounty for preventing $170M drain
The Fantom Foundation, a nonprofit organization developing the Fantom blockchain platform, has eliminated a significant vulnerability after a $550,000 hack in October. On Oct. 17,...
6 Questions for Alex O’Donnell about financial journalism and the future of DeFi
Umami Labs CEO Alex O’Donnell grew up on the outskirts of Philadelphia before attending Temple University to study literature and economics. That path led him...
Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK
The S&P 500 Index (SPX) rose 2.24% last week, its third consecutive weekly gain. In comparison, Bitcoin (BTC) managed a minuscule gain of 0.8%, indicating...
ARK, 21Shares update spot Bitcoin ETF application as next SEC deadline looms
ARK Investment Management, a cryptocurrency investment firm founded by Bitcoin (BTC) advocate Cathie Wood, isn’t giving up on its efforts to launch a spot Bitcoin...
Crypto community begins Bitcoin halving countdown as milestone date nears
The crypto community and many of its most high-profile players have started to shift focus toward the Bitcoin halving, an event that occurs every four...
Santander offers Bitcoin, ETH trading for Swiss account holders: Report
The international arm of Spanish lender Banco Santander has reportedly rolled out a new service, allowing clients with Swiss accounts to invest in and trade...
Crypto ETP volumes surge 91%, outpacing underlying assets: Report
Global cryptocurrency exchange-traded products (ETP) have seen a significant uptick in 2023, reportedly outpacing the growth of underlying assets, according to a report by the...
70% of BTC dormant for a year — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts Thanksgiving week in the United States with a return to $37,000 as bulls stubbornly refuse to loosen their grip. BTC price action...
Kronos Research halts trading amid $25M API key hack investigation
A hacker walked away with $25 million from quantitative trading firm Kronos Research after accessing its compromised API keys. On Nov. 19, Kronos Research revealed that...
Bitcoin nears pre-halving ‘target zone’ toward $50K BTC price
Bitcoin (BTC) is nearing a key Fibonacci retracement level which could mark the top of its “pre-halving rally.” That is according to popular social media...
Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a spot Bitcoin (BTC) exchange-traded fund...
OpenAI’s Sam Altman ousted, BlackRock and Fidelity seek Ether ETF, and more: Hodler’s Digest, Nov. 12-18
Top Stories This Week Sam Altman ousted from OpenAI, CTO Mira Murati named interim CEO ChatGPT developer OpenAI removed founder Sam Altman from his CEO...