There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar.
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Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research.
The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.
The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.
This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”
The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium.
Crypto.com has become the latest company to register with the United Kingdom's Financial Conduct Authority, while many continue to operate without approval.
Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone.
Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows.
Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.
Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event.
In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty.
The 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds.
The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to be a North Korean cybercrime group.
The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers.
Bitcoin, BNB, EOS, QNT and CHZ are flashing bullish technical analysis setups which could lure buyers if the wider market enters a relief rally this week.
Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead.
Real Bedford Football Club nets another example of how Bitcoin grassroots adoption benefits the broader community.
There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows.