Mt Gox Initiates Bitcoin Repayments to Creditors
The Mt. Gox Rehabilitation Trustee has announced that repayments in bitcoin and bitcoin cash have begun for some creditors. Further repayments will occur once several conditions are met. Mt. Gox…
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Germany’s BTC Wallet Sees Inflows, Mt Gox Moves Billions, US Gov Transfers $13.6M Unnoticed
Approximately 14 hours ago, the German government sold roughly $175 million worth of bitcoin, reducing its holdings to about 40,359 BTC. However, recent activity has increased the total back to…
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…
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…
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the…
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions…
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
Bitcoin’s price on July 3, 2024, stands at $60,177, with a 24-hour intraday range from $59,712 to $62,974. The trading volume over the past 24 hours reached $24.36 billion, and…
Standard Chartered Predicts Bitcoin Hitting Fresh All-Time High in August
Standard Chartered has predicted that bitcoin could hit a fresh all-time high in August and reach $100,000 by the November U.S. presidential election. The bank’s analyst expects a Trump victory…
LAPD Investigates $579,000 Bitcoin ASIC Miner Theft, Suspect Released
According to the Los Angeles Police Department (LAPD), a 26-year-old man was arrested and charged with stealing $579,000 worth of application-specific integrated circuit (ASIC) bitcoin miners. Local reports confirmed that…
Dave Portnoy’s Crypto Advice: Stick to Bitcoin — Says ‘I’ve Learned That the Hard Way’
Dave Portnoy, founder and owner of Barstool Sports, has recommended that investors focus on bitcoin for their crypto investments. “I’ve learned that the hard way,” he said, reflecting on lessons…
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