Bitcoin News

Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position
Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions.

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase
BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
The transaction fees debacle might have provided a short-lived revenue bump for the miners but gives a glimpse of the future for the industry.

Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains
Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders.

Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021.

Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity
Tokens issued on Bitcoin ran to a cumulative market capitalization of as much as $1.5 billion earlier this week before sharply correcting.

First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist
ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee.

Bitcoin Roller Coaster Ride Wednesday Underlines Its Vulnerability but Also Its Resilience
Bitcoin and ether rose on mildly favorable inflation data, sank amid rumors of a U.S. government sell-off of BTC and then climbed again as investors shrugged off the tumult.

Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin
Several crypto lenders, exchanges and funds that used customer assets to grow rapidly had a crash course in the limits of digital scarcity in 2022.

If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?
Network congestion from ordinals and BRC-20s is a stress test – and Bitcoin is failing.
