Bitcoin - Crypto News And Market Updates

Bitcoin shown as a dominant global asset against a modern cityscape, representing expectations for Bitcoin’s role in the financial system by 2026.

Santa Monica Launches Bitcoin Office Webpage to Promote Industry Collaboration and Job Creation

August 11, 2024 Gonzalo

Santa Monica’s Bitcoin Office webpage launches to foster industry partnerships, create jobs, and educate the public on cryptocurrency and its impact.

Bitcoin and Ethereum ETF illustration with upward arrow, representing renewed institutional inflows into crypto exchange-traded funds.

Bitcoin Spot ETFs See $194M Inflows as Bitcoin Price Rebounds to $60,000

August 9, 2024 Gonzalo

Bitcoin spot ETFs see $194M inflows, led by BlackRock. Bitcoin rebounds to $60K after a sharp dip to $49K, showing market resilience amid volatility.

Illustration showing sharp Bitcoin price movement triggering $157 million in market liquidations.

Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk-Off Mood

August 3, 2024 Gonzalo

Bitcoin drops below $63K amid an equity market slump and large crypto movements from Genesis Trading wallets, significantly impacting major altcoins.

Illustration depicting Ethereum Foundation’s Devcon 8 event in Mumbai and the global developer community.

Genesis Transfers $3 Billion Worth of Crypto Amid Bankruptcy

August 2, 2024 Gonzalo

Genesis Trading transfers $3 billion in Bitcoin and Ethereum amid bankruptcy to manage creditor repayments and financial restructuring efforts.

Illustration depicting American Bitcoin mining industry amid political discourse and U.S. policy narratives.

Bitcoin and BTC Mining Pose Promising Future

July 30, 2024 Gonzalo

H.C. Wainwright & Co analysts predict a bullish future for Bitcoin and BTC mining, citing institutional developments and potential national adoption.

Illustration visualizing rumors around Bitcoin strategic reserves and potential government involvement.

Trump’s Bitcoin 2024 Keynote Includes Plan for US Bitcoin Reserve

July 28, 2024 Gonzalo

Donald Trump announces a national Bitcoin reserve at the Bitcoin 2024 conference, pledging support for the crypto industry and outlining his deregulation plans.

Michigan Adds $6.6M in Bitcoin ETFs to Pension Fund

July 26, 2024 Gonzalo

Michigan’s pension fund invests $6.6M in Bitcoin ETFs, highlighting the growing institutional adoption of digital assets and the rise of crypto investments.

Illustration showing Elon Musk speaking during an X platform discussion related to technology and markets.

Tesla’s Bitcoin Holdings Remained Unchanged in Q2

July 24, 2024 Gonzalo

Tesla’s latest quarterly report reveals unchanged BTC holdings at 9,720 BTC and a strong financial performance, surpassing revenue expectations with $25.5b.

Bitcoin market illustration showing liquidity compression and signals of an upcoming volatility breakout.

Bitcoin ‘Keeps Hashing’ Despite Widespread CrowdStrike Network Failures

July 20, 2024 Gonzalo

Bitcoin remains unaffected by CrowdStrike’s network failures due to its decentralized nature and reliance on Linux systems, says mining CEO Taras Kulyk.

Nigerian Crypto Celebrity Blord Released on Bail After Fraud Allegations

July 20, 2024 Gonzalo

Nigerian crypto star Blord is out on bail after police detention over alleged fraud and terrorism financing, raising concerns for Nigeria’s crypto sector.