Wall Street just killed its first spot Bitcoin ETF and for a known reason
When the SEC approved spot Bitcoin ETFs in January 2024, it felt like a turning point. Roughly a dozen funds launched in…
Latest Bitcoin News
Bitcoin
News of the day: Housing market hope, bitcoin hack, Shopify shares surge, CRA denies legal fees tax deduction, retirement planning and more
It’s Wednesday, August 5. Here are the top stories we’re following today.…
Bitcoin
Block’s bitcoin gross profit falls 31% after Cash App fee cuts
Block's strategic fee cuts boost user engagement and trading volume, potentially enhancing long-term growth despite shor…
Bitcoin
Bitcoin funding rate flips negative as spot buyers push BTC up 1%
Negative funding rates suggest potential for short squeezes, but macro factors and sustained spot buying will dictate Bi…
Gold surges on strong China demand as Bitcoin takes a breather
Gold surged above $4,300 per ounce on Aug. 5, gaining about 4% as renewed Chinese demand and easing inflation concerns p…
Bitcoin party is over, much bigger selloff coming, says Peter Schiff
In a post on X, Schiff noted that a recent “peace-inspired mega-rally” has lifted many risk assets, including mining…
Bitcoin
Bitcoin tests market patience as Zcash offers renewed hope
Bitcoin's potential death cross could signal market volatility, while Zcash's recovery highlights resilience and the imp…
Bitcoin
Bitcoin Tests Market’s Patience as Zcash Gives Holders Hope: Analysis
Will Bitcoin breakout of its death cross? Can Zcash continue to make holders forget about that mid-June crash? Here’s …
Bitcoin
St. Louis men indicted in attempted robbery of teen involved in $245 million Bitcoin theft
Federal prosecutors say three St. Louis men traveled to Connecticut to help kidnap a teen linked to a $245 million Bitco…
SpaceX's Bitcoin holding loses $540 million in six months
Elon Musk's rocket and satellite firm reported second-quarter revenue of $7.81 billion, up 92% from a year earlier and a…
Bitcoin
How a Canadian company’s cold wallets were compromised in a $140 million bitcoin hack
Here's what happened with Coinkite's $140-million bitcoin hack, how cold wallets work and if those who lost money will g…
Bitcoin
Bitcoin treasury Strive bought 20 BTC, but 110,000 new shares left holders with less Bitcoin exposure
Bitcoin holdings rose 0.10%, while effective common shares increased 0.13% and trimmed gross per-share exposure by about…
Why Hasn’t XRP Hit New Highs Like Bitcoin and Ethereum Despite Ripple Becoming a Top Financial Institution
Ripple just secured a national bank charter, launched a stablecoin clearing billions in trades, and closed a years-long …
Bitcoin
Bitcoin Red Team files 4,962 findings in 27.5 hours during massive open-source audit
The audit highlights the urgent need for enhanced security measures in open-source crypto projects, potentially reshapin…
Bitcoin
Bitcoin rebounds past $64K as S&P 500 hits fresh all-time highs
Bitcoin's rebound amid S&P 500 highs highlights crypto's sensitivity to equity trends, suggesting potential volatility w…
Bitcoin
Strategy’s Michael Saylor outlines plan for perpetual Bitcoin buying
Saylor's strategy hinges on Bitcoin's growth; a downturn or market shift could challenge sustainability and investor dem…
Bitcoin
Strategy’s Saylor plans indefinite Bitcoin buying with $STRC issuance
Saylor's strategy could bolster market confidence in Bitcoin and $STRC, potentially influencing broader cryptocurrency i…
Bitcoin
Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say
Cantor sees positive read-through for crypto custody providers, while FRNT says the breach could drive some investors to…
Bitcoin
How dumping 1,200 Bitcoin helped a cellular chipmaker completely erase its debt and double its cash
The chipmaker ended June with 314 unrestricted coins after sales helped erase convertible debt and lift cash to $21 mill…
Bitcoin
Crypto Long & Short: Putting the bitcoin sizing question to the test
In a follow-up to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bu…
Bitcoin
Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000.…
Bitcoin
Strategy’s STRC rebounds 30% with cash reserve boost, Bitcoin stability
STRC's rebound and cash reserve boost enhance investor confidence, potentially driving its stock to $100, reflecting str…
Bitcoin
Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes
Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s rec…
Bitcoin
BitMEX Co-Founder Predicts AI Bubble Crash and a Rip-Roaring Bitcoin Bull Market
BitMEX co-founder Arthur Hayes believes the AI sector is heading toward a major correction that could ultimately pave th…