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Bitcoin (BTC) Price Slips Below $54K, Triggering Almost $700 Million in Liquidations

TL;DR Bitcoin fell below $55,000, now at $54,200, potentially influenced by several elements. The market crash led to $670 million in liquidations, with the largest liquidated order happening on crypto…

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Mt Gox Trustee Transfers $2.7B in Bitcoin, Creating 19th Largest BTC Wallet

On Thursday, the trustee overseeing the Mt. Gox bitcoins transferred about 47,228.73 BTC to an undisclosed address. The transfer, valued at approximately $2.7 billion, leaves Mt. Gox with around 141,687…

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German Government Still Holds Over 40K Bitcoins After Recent Sale, Onchain Data Shows

The German government has been selling seized bitcoin but still holds more than 40K BTC, worth over $2.3 billion, according to onchain data from blockchain intelligence firm Arkham. These sales…

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RWA Startup Hamilton Tokenizes US Treasury Bills on Bitcoin L2 Solutions

Hamilton has announced the tokenization of U.S. Treasury bills on Bitcoin’s layer two (L2) platforms, stating that it marks a significant advancement in bridging traditional finance with Bitcoin’s decentralized finance…

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The German Government and Bitcoin Saga Continues: Justin Sun Wants to Buy it All

Justin Sun is back with another ambitious proposition. The Tron Founder has now set his sights on the German government’s BTC stash, boldly offering to buy it all off-market to…

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Bitcoin’s Daily Mining Revenue Dollar Value Plummets to Historic Low

Bitcoin’s hashprice, or the anticipated value of 1 petahash per second (PH/s) of hashing power per day, has plummeted to a historic low. According to Luxor’s hashprice index, at 6…

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Bitcoin Hits New Low Since February, Options Market Stays Optimistic

According to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs,…

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