Bitcoin News
Bitcoin News

Self-custody Bitcoin amount unmeasurable so far — Santiment exec

One of the most notable results of self-custody is that it tends to decrease circulation, reducing the market cap. INTERVIEW There is no way to measure the amount of Bitcoin  BTC $26,479  that is being sent to self-custody wallets so far, according to one industry executive. Amid the ongoing fear, uncertainty and doubt, or FUD, […]

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Bitcoin News

Pro-Bitcoin Miami Mayor Francis Suarez files for 2024 presidential bid

Miami Mayor Francis Suarez has signed paperwork signaling his intention to run for the United States presidency. NEWS Francis Suarez, the mayor of Miami and a known crypto advocate, has filed paperwork signaling his intention to run for the United States presidency in 2024. He will join the likes of former U.S. President Donald Trump and […]

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Bitcoin News

‘Pick your targets’ — Bitcoin analyst believes Fed will favor bulls

Fed chair Jerome Powell was “all bark, no bite” with his hawkish comments, which sent BTC price action below $25,000, says Material Indicators’ Keith Alan. MARKET UPDATE Bitcoin  BTC $24,882  stayed below $25,000 on June 15 after a snap reaction to United States economic policy changes saw three-month lows. Hawkish Powell “all bark, no bite” […]

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Bitcoin News

Bitcoin price rejects CPI boost as market Fed rate pause odds near 95%

Bitcoin falls back in line almost immediately after closing the weekend’s CME futures gap near $26,500. MARKET UPDATE Bitcoin  BTC $25,948  fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. Markets expect first Fed pause since 2021 Data from Cointelegraph Markets Pro and TradingView showed […]

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Altcoin News Bitcoin News

Bitcoin and select altcoins show resilience even as the crypto market sell-off continues

Regulatory enforcement against the crypto sector has spooked investors, but the total crypto market capitalization continues to hold above $1 trillion. ALTCOIN WATCH A bearish trend formation has been pressuring cryptocurrency prices for the past eight weeks, driving the total market capitalization to its lowest level in more than two months at $1.06 trillion, a […]

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Bitcoin News

Bitcoin on-chain data shows miners offloading BTC as revenues shrink

Bitcoin miners have been selling BTC since the start of June, potentially adding further pressure to the BTC price. MARKET ANALYSIS Bitcoin’s on-chain data provides evidence that Bitcoin miners are offloading their holdings. The factors influencing the selling pressure could be reduced earnings from a cooldown in Ordinals activity as well as mining difficulty and hash […]

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Bitcoin Cash Bitcoin News

BTC price focuses on $26K as Bitcoin traders brace for CPI volatility

Bitcoin has plenty of resistance levels to deal with as CPI starts a major macro week for risk asset markets. MARKET UPDATE Bitcoin  BTC $26,164  returned above $26,000 on June 13 as analysts eyed resistance overhead.  Bitcoin price inches between trend lines Data from Cointelegraph Markets Pro and TradingView showed BTC/USD attempting to reclaim $26,000 support after the daily […]

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Bitcoin News

How Peter McCormack is turning an unknown town into a Bitcoin hub

Bitcoin pitch invasion! A new Cointelegraph video examines a local soccer club’s impact on its town and national Bitcoin adoption. Can a football team backed by Bitcoin  BTC $26,156  really raise up a town? In the latest Cointelegraph documentary, reporter Joe Hall investigates the impact of a Bitcoin football club, Real Bedford, on the small commuter town […]

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Bitcoin News

How Bitcoin can help secure proof-of-stake blockchain protocols

Stanford University professor David Tse has pioneered a way to use Bitcoin to secure proof-of-stake blockchains. INTERVIEW The Bitcoin network’s proof-of-work consensus mechanism could become a useful means of securing a variety of proof-of-stake (PoS) smart contract blockchain protocols, thanks to efforts from a Stanford University professor. David Tse and his research team are driving the use of […]

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Bitcoin Cash Bitcoin News

Economics of Bitcoin ATM market could hinder wider adoption

Bitcoin of America’s shutdown in Connecticut highlights the obstacles for companies operating crypto ATMs. FOLLOW UP As the digital asset market continues to evolve, the use of cryptocurrency ATMs grows with it. Over the past decade, nearly 40,000 cryptocurrency ATMs have popped up worldwide. Bitcoin  BTC $26,431  ATM service provider, Bitcoin of America, had carved out a […]

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