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Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow 

According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported…

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Bitcoin Technical Analysis: Bulls Held Back by Selling Pressure and Key Resistance

Bitcoin’s price on July 12, 2024, exhibits a clear bearish trend across multiple timeframes. The leading cryptocurrency’s current price stands at $57,237, with a notable intraday range from $56,608 to…

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CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities

During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market…

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Greenidge Expands Bitcoin Mining Operations in Mississippi

Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and…

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From 50,000 to 4,925 BTC: Germany’s Bitcoin Sell-off Continues

Germany now holds fewer than 5,000 bitcoin following its recent divestment on Thursday. Since 9 a.m. EDT that day, wallets operated by the German government transferred 5,000 BTC, reducing its…

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US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows

U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions.…

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