Bitcoin Financial News

Bitcoin (BTC) threatened fresh downside over the weekend as markets geared up for the July 23 candle close.

Amidst the dynamic and ever-changing landscape of the cryptocurrency market, Bitcoin's recent performance has been under scrutiny. 

Fir Tree Partners, a significant shareholder of the Grayscale Bitcoin Trust (GBTC), and Grayscale Investments have reached an agreement resolving a lawsuit filed by Fir Tree in December 2022. The litigation sought documents and information from Grayscale about potential mismanagement and conflicts of interest at GBTC.

With its recent surge in popularity, XRP has now claimed a position among the top 4 cryptocurrencies worldwide, raising intriguing questions about its future potential. 

A British court has granted an appeal to Craig Wright to argue his case in a copyright lawsuit concerning Bitcoin (BTC), according to a recent court filing.

As Bitcoin's trading volume reaches $10 billion, the cryptocurrency stands firm at the $30,000 level, sparking discussions about its next move. 

stablecoin market while most cryptocurrencies are posting outsized gains this year. Traders use stablecoins to move money into and out of cryptocurrency markets, swap funds between exchanges and as a haven in times of high volatility. Often the market capitalization of the tokens increases during rallies and declines during downturns. So far this year, the total value of the crypto market has jumped around 50% to about $1.2 trillion, while the stablecoin sector has shrunk almost 8% to around a two-year low of $127 billion, according to researcher CCData. This discrepancy could have several explanations. Hoping for higher returns, investors may be rotating out stablecoins and into appreciating market leaders Bitcoin and Ether, according to Jacob Joseph, a research analyst at CCData. Stablecoins don’t pay interest and usually seek to maintain a one-to-one ratio with other assets such as the dollar, hence their name. Crypto advocates downplay the decline, with some citing the overall light trading volume in the wake of last year’s market collapse.

Bitfinex have entered into a plea agreement with federal prosecutors in Washington, court records showed on Friday. Ilya Lichtenstein and his wife Heather Morgan, both of Manhattan, were initially arrested in February 2022. They are set to appear for a plea hearing on Aug. 3 before U.S. District Judge Colleen Kollar-Kotelly in Washington, court records showed. A lawyer for Lichtenstein and Morgan and a spokesperson for the U.S. Attorney's office in Washington did not immediately respond to requests for comment. The pair was accused of conspiring to launder more than 100,000 bitcoin that was stolen, after a hacker attacked Bitfinex and initiated more than 2,0000 unauthorized transactions.

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. 

The current live Bitcoin price stands at $29,864, reflecting a 24-hour trading volume of $11.2 billion and a less than 1% increase in the last 24 hours. 

A British court granted an appeal on July 20 that gave Craig Wright the right to argue in a litigation that the Bitcoin file format is well-defined enough to qualify for copyright protection. 

Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, has once again bounced at support in the $29,500 area and was last changing hands just above $30,000.

Bitcoin (BTC) stands to win big thanks to the BlackRock exchange-traded fund (ETF), investor and analyst Charles Edwards believes.

Bitcoin (BTC) miners have been up against the ropes over the past year, with record amounts of BTC sent to centralized exchanges to cover costs in 2023.

As altcoin markets continue to slide south, ApeCoin ($APE) is not exception, with APE holders enduring a -67% decline since January - but a small rally is offering a glimmer of hope.

Evil Pepe Coin is a brand-new meme coin that’s raised more than $180,000 in the first few days of its presale. The token picks up where $PEPE left off and encourages investors to embrace their inner evil voice.

Bitcoin Ordinals, also known as digital artifacts, are a way to inscribe digital content on the Bitcoin blockchain. They were introduced in January 2023 by Casey Rodarmor, a programmer and artist, who saw an opportunity to create a unique experience on the Bitcoin blockchain similar to non-fungible tokens (NFTs) on Ethereum and other blockchains.

Satoshi Nakamoto mined the genesis block on Jan. 3, 2009, minting the first 50 Bitcoin (BTC) in history and kicking off what would become a billion-dollar industry centered around mining crypto. However, with a cap on Bitcoin supply, the fate of miners after the last coins are issued is unclear. 

Investors can get swept away by the fear or euphoria of the recent past — and it often costs them financially.

The price of Binance Coin (BNB) has remained flat in the past 24 hours, with its current level of $244 representing a 4% loss in the last seven days.

The Litecoin price has dropped by 2.5% in the past 24 hours, with its fall to $92.11 also marking an 8.5% fall in the last seven days.