Bitcoin Mayer Multiple hits lows that last accompanied $30K BTC price Bitcoin price is increasingly low versus its 200-day moving average — a key “buy the dip” signal, per the classic BTC price indicator. Bitcoin has delivered a “healthy reset” to bullish sentiment thanks to a key BTC price indicator hitting eight-month lows. In a […]
Vanuatu Expects to Pass Long-Awaited Crypto Bill in September The Pacific Island nation of Vanuatu expects to enact a long-awaited digital asset and service provider bill as early as September. Vanuatu Financial Services Commission (VFSC) Commissioner Branan Karae mentioned that the bill is expected to be enacted during the first week of Parliament. VFSC policy […]
Marathon Digital mines $16M in Kaspa to diversify from Bitcoin Marathon is looking to “capitalize on higher margins” possible with Kaspa mining — but one executive stressed the firm is in no way “pivoting” from its main focus, Bitcoin. Bitcoin (BTC) mining heavyweight Marathon Digital revealed it has mined $16 million worth of Kaspa (KAS) […]
Bitcoin Options Expiry Impact on Bulls and Bears The Bitcoin halving hype has faded, and the massive options expiry this week sheds light on the outlook for the current BTC bull market. Key Points About the Options Expiry: $9.25 billion in BTC options set to expire on June 28 morning June’s expiry marks the end […]
Bitcoin Price Drop Below Traders’ Cost Basis Warns of Deeper Sell-Off Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue. Bitcoin price has experienced mounting sell-side pressure, causing it to shed more than 5.5% over the last seven days and setting a six-week low at $58,400 […]
Exploring Bitcoin Collaboration between El Salvador and Argentina It takes more than 10 hours to fly from El Salvador to Argentina, but Juan Carlos Reyes’ recent flight may be one of the most important of his life. It may also have global significance, not that Reyes can reveal too much about it at the moment. […]
Bitcoiner Contributes to Julian Assange’s Freedom, Pays $500K Debt in BTC A Bitcoiner has helped Julian Assange return home debt-free after 14 years of fighting against U.S. extradition. WikiLeaks co-founder Julian Assange is free after a 14-year battle against extradition to the United States Assange is required to pay $520,000 to the Australian government for […]
Spot Bitcoin ETFs reverse 7-day outflow streak As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion. After a week of net outflows, United States-based spot Bitcoin exchange-traded funds (ETFs) saw a reversal on June 25, with net inflows reaching $31 million. Data from SoSo […]
Bitcoin price sees oversold bounce to $62K but will it hold? Bitcoin price snaps back above $62,000, but technical traders are unsure whether the BTC downtrend is over. Bitcoin (BTC) price hit a six-week low on June 24 before buyers stepped in to send the price back above $62,000 less than 24 hours later. Analyzing […]
CoreWeave expands Core Scientific computing deal by $1.225B Core Scientific is well-positioned to take advantage of new opportunities at its mining facilities. Cloud computing provider CoreWeave has beefed up its deal with Bitcoin miner Core Scientific by exercising an option to receive additional infrastructure for its NVIDIA graphics processing units (GPUs) on top of capacity […]
