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The Latest Breaking News from Bitcoin

Texas leaders worry that Bitcoin mines threaten to crash the state power grid

Granbury residents are raising alarms over noise from a local Bitcoin mine, while state lawmakers warn that the energy-hungry facilities risk “crashing” the electrical grid.

The Texas Tribune

Tech Group Urges Biden To Seize 'Opportunity' In 'Positive' Crypto Regulation Before Elections

President Biden has yet to be vocally supportive of the crypto industry, and his administration has often been viewed as "hostile" by the crypto community, but a tech coalition believes he can still reverse this and see an opportunity in promoting a "positive" regulation.

International Business Times

'God Bless Bitcoin': Upcoming Documentary Delves Into $BTC's 'Moral' Aspects Amid Market Volatility

An upcoming documentary film is lifting the spirits of some Bitcoin holders whose wallets were battered by the previous weeks' slumping prices – can it help turn the tides for an ecosystem wary of seeing red in the charts?

International Business Times

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Bitcoin Whale's 10-Year-Old 149 $BTC Stash Reawakens To $8M Amid Price Correction

Bitcoin prices have been climbing steadily since Monday, and a dormant whale must have felt the uptick, moving some $8.5 million in $BTC after more than a decade of no activity.

International Business Times

VanEck and 21Shares file for Solana ETFs—a 'bet' on a Trump victory

The SEC has until March to decide on Solana ETFs. The real deadline, however, will be November's election.

Fortune

US Spot Bitcoin ETFs Regroup, Buy German Dump To Haul In Nearly $295M

U.S. spot Bitcoin ETFs have reawakened their positive inflows vibe as they brought in a collective $295 million Monday following some two weeks of mostly negative net flows. The purchases were made when the German government was dumping its Bitcoins hard and prices were down.

International Business Times

100% Renewable Gryphon Digital Sets New Company Quarterly Hashrate Record In Q2 2024

Gryphon Digital, a champion of renewable energy resource in Bitcoin mining, has achieved a new company record in quarterly hashrate, moving forward with its commitment toward a future where sustainable operations are the norm.

International Business Times

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Bitcoiners Need To Chill – Experts Say MtGox Activity Won't Affect $BTC Prices

MtGox has been at the center of negative sentiment in the Bitcoin community due to the fallen exchange's repayments to creditors that many Bitcoiners initially feared would have a significant impact on the digital currency's prices.

International Business Times

GOP 2024 Platform Highlights Bitcoin Mining, Broader Crypto Industry Focus

Republicans have released a 2024 platform that placed crypto on top of two other innovation causes it wants to prioritize – the four crypto facets mentioned were previously championed by GOP presidential frontrunner Donald Trump.

International Business Times

Bitcoin slumps 12% over past week as Mt. Gox repayments flood market

Bitcoin’s latest dip is largely due to an uptick in on-chain selling pressure as governments liquidate seized Bitcoin and the crypto exchange Mt. Gox begins to repay creditors.

Fortune

EXCLUSIVE: Bitget CEO Talks Bitcoin ETFs' Impact On Australia's Crypto Literacy

Australia has been in the news in recent weeks following the launch of the ASX's first spot Bitcoin ETF, and for an industry expert, the latest development could be a key driver in the country's crypto literacy bid.

International Business Times

Bitcoin Weekend Recap: $BTC Reclaims $57K As Hodlers, Maxis Help Drive Positive Sentiment

Bitcoin is back in the green after a weekend in the red – Bitcoin hodlers and maximalists are trying to keep sentiment on the positive end, but fears around the MtGox repayments and the German government's continuing dump continue to put pressure on the world's top digital asset.

International Business Times

How to Avoid Being Influenced By Social Media On Investment Decisions

Social media's influence on investment decisions can lead to impulsive and costly mistakes. Explore the impact of social media on finance and provides strategies for making informed, independent investment choices.

Barchart

Mt. Gox customers benefit from 3500 percent increase in value, recoup losses despite only 15 percent of coins being returned

Although only 15% of cryptocurrency has been recovered, the massive increase in bitcoin prices means customers are getting much more than they lost in 2014.

Tom’s Hardware

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Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.02%. Stock indexes Friday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Top News

Bitcoin Price Plummets As Mt. Gox Moves Billions In Crypto

Bitcoin's value plunges to ,000 as Mt. Gox's bitcoin transfer raises market concerns.

Barchart

Stocks Supported as US Jobs Report Bolsters Rate Cut Speculation

The S&P 500 Index ($SPX ) (SPY ) today is up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. Stock indexes today are mostly higher, with the S&P 500 and Nasdaq 100 climbing...

Barchart

Stocks Rally as US June Payroll Report Boosts Rate Cut Chances

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stock indexes today are mostly higher, with the S&P 500 and Nasdaq 100 climbing...

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International Business Times

Crypto Experts React To Bitcoin Crashing Below $55K – Is It A 'Scam Dip'?

Bitcoin is trading below $55,000, and the crypto market is seeing hundreds of millions in liquidations, but is the current price plunge a manipulation of some sort? That's what some industry experts are insinuating.

International Business Times

The State Of Bitcoin Mining – Miners Still 'Writhing In Pain' Months After Halving

It's been more than two months since the Bitcoin halving, but some miners are still struggling to stay afloat, especially as $BTC prices have been on a downtrend in recent weeks – how are miners these days?

International Business Times

Judge Sides With CFTC In $120M Case Against Ponzi-Like Crypto Investment Scheme

An Illinois judge has ordered Sam Ikkurty of Oregon and several other defendants for defrauding investors whose funds were supposed to have been invested in digital assets such as Bitcoin.

International Business Times

Bitcoin Plunges To $58K – Is An 'Extreme Reset' To $40K Possible Before Reversal?

Bitcoin has plunged again, and while bulls are racing to get sentiment on a high note, some industry experts are trying to quell the seeming "overconfidence" surrounding the bull circle even as crypto prices dive.

International Business Times

Bitcoin, Ether Lead Over $260M Liquidations In 24 Hours Amid Sliding Prices

Bitcoin and Ether, the world's top two digital assets by market cap, led liquidations that passed $260 million in the past 24 hours – prices are sliding, spot BTC ETFs saw negative flows, and the full approval of spot ETH ETFs has apparently been pushed back.

Barchart

1 Bitcoin Mining Stock That's Branching Out Post-Halving

Marathon Digital is a crypto mining company that is diversifying its revenue base by mining other digital assets, such as Kaspa.

International Business Times

US Spot Bitcoin ETF Flows Reach Stagnant State – Are The Funds Overhyped?

U.S. spot Bitcoin ETFs made history in January when they were approved for trading, but half a year since their launch, the funds' flows have "stagnated." Does this prove some early concerns about BTC ETFs being overrated?

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