Bitcoin Financial News

Bitcoin (BTC) continued its upward momentum, reaching around $67,900. The Federal Reserve’s preferred inflation measure, the Core PCE Price Index, increased by 0.2% month-over-month in April, aligning with expectations but slightly below the previous month’s 0.3% rise. This modest increase may ease some inflation concerns for the Fed, but consistent readings are necessary to support a potential rate cut by September.

Dune Analytics is on a mission to make crypto data accessible to everyone, according to Arnaud Simeray, the Go-to-Market Lead at the company.

Bitcoin has had four overly significant years in its existence, and when 2024 began, BTC enthusiasts all looked forward to riding the post-halving bullish momentum. While not all predictions regarding the movement of the world’s largest cryptocurrency come to fruition, as of June 7, it is presently trading at around $70,000 levels with an improved market capitalisation of 1.40 trillion. BTC’s performance has improved by 4.25% in the last week, with a significant bull run in May that led to a capital appreciation of 14.32%. Coming off a significant bull run that lasted seven months where its price appreciated from $25,932 on August 1, 2023, to reach the $71,285 level by March 1 this year, investors were taken by surprise when significant unexpected events like the FTX decline failed to reflect in its bullish momentum. Presently, as BTC trades near the all-time high level of $75,830, concerns have been raised about whether Bitcoin has finally reached its ceiling or if it is still viable as an undervalued asset.

Metaplanet has experienced a double-digit surge in its shares following the disclosure of another million-dollar Bitcoin (BTC) purchase.

Bitcoin spot exchange-traded funds (ETFs) have experienced their first net outflows in nearly a month.

A Suriname Presidential hopeful says she wants to follow El Salvador’s Bitcoin (BTC) lead, and will grant the token legal tender status if she is elected.

Australia has implemented a ban on using credit cards and crypto for online betting, in an effort to curb gambling problems. This means Australians will no longer be able to wager using borrowed money or anonymous digital funds.

The cryptocurrency market has witnessed a remarkable boom in recent years, with the total market worth surging to over $2 trillion. The approval of Bitcoin and Ethereum ETFs has further fueled the growth, drawing in a new wave of investors and enthusiasts. As a result, many individuals are now exploring alternative ways to participate in crypto beyond mere investment. One such avenue is crypto mining, which has become increasingly accessible and lucrative. AST Mining stands out as a reputable platform for free Bitcoin, Litecoin, and other top currencies mining, offering users a seamless way to amplify their passive income.

Following the impactful Bitcoin halving, Mining Disrupt returns in 2024 with an impressive lineup of sponsors and exhibitors, solidifying its reputation as the premier annual event for the mining community.

A South Korean court has jailed two people for crypto-powered drug trafficking, as the nation’s judiciary continues to crack down on Bitcoin and altcoin-fuelled crime.

Bitcoin prices remained fairly rangebound last week, though they fell sharply below the $70,00 mark on Friday, after climbing to more than $71,000 earlier in the week.

Bitcoin financial services company Swan Bitcoin is now the lead sponsor of Tucker Carlson’s upcoming national tour, bringing Bitcoin to the audience of one of the world’s most famous journalists.

Crypto-focused investment provider DeFi Technologies announced that it had bought 110 BTC for its corporate reserves on Friday – and the company’s stock price predictably pumped in the aftermath.

Bitcoin miner Bitfarms said on Monday it had approved the adoption of a "poison pill" to fend off a potential hostile takeover attempt by rival Riot Platforms. The move comes days after Riot Platforms disclosed it had built a 12% stake in Bitfarms as it pursues a takeover attempt.

The official token presale for BNB-Chain’s new version of Bitcoin (BTC) has launched. The name of the cryptocurrency is “Bitnance” and it has a token symbol of $BTN.

In this report, we explore and analyze Ethereum’s ecosystem surge and the ETH price action in May 2024.

The recent termination of the US-Saudi petrodollar agreement marks a turning point that could significantly influence Bitcoin’s financial trajectory. This development disrupts a decades-long economic standard and introduces the potential for increased currency diversification globally.

Cross Light Capital, a local fund management company, has joined forces with Affin Bank to launch Malaysia’s first digital asset fund.

Bitcoin is currently trading at $69,300, showing a modest increase of less than 0.10%. However, a recent tweet from millionaire trader Zoran Kole (@Captain_Kole1) has stirred the market. Traders are closely monitoring these levels, as Kole’s prediction adds a layer of uncertainty to Bitcoin price prediction.

B2Broker , the leading Prime of Prime (PoP) liquidity and technology provider, has expanded its crypto liquidity offerings by launching six new crypto CFDs pairs , each chosen for their massive trading volume and strong market demand. This decision was influenced by the consistent growth in crypto adoption, the recent green light for Bitcoin and Ethereum spot ETFs, and the escalating interest in crypto CFD trading.

While the founder of Binance begins his federal prison sentence of 4 months, the US Government’s newly approved infrastructure for the Binance crypto ecosystem is reigning supreme. The BNB coin has hit a new All-time High, just after the launch of the token presale for “Bitnance ($BTN)”, the BEP-20 alternative to Bitcoin.