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Bitcoin Craters to $100K as $837M in Crypto Positions Vanish
5.6.2025
On Thursday, bitcoin dipped to $100,426, shedding nearly 4% of its value in a single day. Bitcoin (BTC) spent the day under pressure, sliding from just above $104,000 to about $100,500 per coin. While it hasn’t slipped beneath the six-figure line, the cryptocurrency has now held above $100K for...
SHA256 Strikes Back: Bitcoin’s Mining Algorithm Reclaims the Throne in 2025
5.6.2025
When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June 2025 Dec. 29, 2024 saw Scrypt, the mining method...
Uber Eyes Stablecoins to Cut Global Payment Costs, CEO Says Bitcoin Is a ‘Proven Commodity’
5.6.2025
Speaking at the Bloomberg Tech conference in San Francisco on June 5, Uber CEO Dara Khosrowshahi said the company is actively studying stablecoins as a potential payment method. Uber CEO Dara Khosrowshahi emphasized the practical benefits of using stablecoins, particularly for international...
Bitcoin Stalls and Stocks Follow Suit
5.6.2025
The cryptocurrency has traded mostly sideways all week, seemingly unmoved by key developments in the broader economy. Stocks Tread Water as Bitcoin Flatlines U.S. President Donald Trump announced that he had just finished a “very good phone call” with Chinese leader Xi Jinping on Thursday morning...
Blackrock Powers Bitcoin ETF Gains as Ether ETFs Extend Bullish Run to Day 13
5.6.2025
Bitcoin ETFs posted an $87 million net inflow, thanks to Blackrock’s dominant performance despite a sizable outflow from Fidelity. Ether ETFs extended their green streak to 13 days with $56.98 million in net inflows. $87 Million Inflow Pushes Bitcoin ETFs Higher With Ether ETFs Seeing Continued...
Core Foundation, Bitcoin Layer 1 With Over $500M Staked BTC, Adds BitGo and KODA as Validators
5.6.2025
Core Foundation has announced BitGo and KODA as new validators, enhancing institutional adoption of Bitcoin-native DeFi
Bitcoin supply shock? Percentage of BTC on exchanges nears 2018 levels
5.6.2025
Institutional demand and increasing holding are pushing the percentage of Bitcoin on exchanges to the lowest since 2018, signaling a potential supply shock
Bitcoin supply shock? Percentage of BTC on exchanges nears 2018 levels
5.6.2025
Institutional demand and more holding are pushing the percentage of Bitcoin on exchanges to the lowest since 2018, signaling a potential supply shock
Warning: Europe Might Irrevocably Make Bitcoin Illegal
5.6.2025
Paymium’s Alexandre Stachtchenko explained that if the current version of the EDPB’s guidelines on processing personal data through blockchain technologies is approved, bitcoin might become illegal in Europe. This is because the proposed ruleset identifies public keys as personal data....
Elon Musk Inches Closer to Bitcoin Maximalism Amid US Debt Alarm
5.6.2025
Mounting evidence is fueling bitcoiners’ belief that Elon Musk could be turning full-blown maximalist, as his moves increasingly align with BTC’s hard-money ethos. Bitcoin Narrative Strengthens: Elon Musk Backs Brian Armstrong in Warning on US Dollar Decline Tesla and Spacex chief executive Elon...
Grayscale: Bitcoin Demand Explodes as $5T Deficit Projection Fuels Fiat Doubt
5.6.2025
Institutional bitcoin demand is exploding as fiscal alarm bells ring louder, with major firms racing to secure digital assets amid mounting debt, sovereign downgrades, and fiat distrust. Bitcoin Demand Soars With Grayscale Citing Institutional Panic Over Fiat Crypto asset manager Grayscale...
Elon Musk Backs Coinbase Warning: Bitcoin Could Replace Dollar Amid US Fiscal Crisis
5.6.2025
Bitcoin is surging into the spotlight as Coinbase’s CEO and Elon Musk sound alarms on U.S. debt, signaling the crypto’s rise as a serious reserve currency contender. Elon Musk Supports Coinbase Outlook: Bitcoin May Topple US Dollar as Reserve Currency Coinbase CEO Brian Armstrong voiced concern...
K-Pop Goes Bitcoin—Nasdaq-Listed K Wave Media to Add Bitcoin to Its Balance Sheet
4.6.2025
K Wave Media Inc. has entered into an agreement to raise up to $500 million by selling ordinary shares, with a significant portion earmarked for building a bitcoin-focused treasury. K Wave Media Enters $500M Deal to Fuel Bitcoin-Centric Treasury and Growth The Nasdaq-listed company (KWM) announced...
Galaxy Report: Crypto Lending Dips Slightly, Bitcoin Treasuries, Futures Drive New Leverage
4.6.2025
Crypto leverage diversified significantly in Q1 2025, moving beyond traditional lending as corporate bitcoin purchases and futures markets gained prominence, according to a Galaxy Digital report published June 4. Galaxy Study Dives Deep Into the Shifting Trends of Crypto Leverage in Q1 2025 Galaxy...
The Protocol: Berachain Follows Ethereum’s Pectra Upgrade With ‘Bectra’
4.6.2025
Also: EF Lays Off Staff + Restructures, Tech Experts Unimpressed at Elon Musk’s BTC X-feature, and ZachXBT: BitoPro Likely Hacked
Semler Scientific boosts Bitcoin reserve with $20M BTC top-up
4.6.2025
The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet
Semler Scientific boosts Bitcoin reserve with $20M BTC top-up
4.6.2025
The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet
Semler Scientific boosts Bitcoin reserve with $20M BTC top-up
4.6.2025
The company concluded its first year of Bitcoin reserve operations with 4,449 BTC on its balance sheet
Bitcoin Trades Sideways After Trump Calls Out Powell, Again
4.6.2025
U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell multiple times over the past few months for not cutting interest rates. BTC Treads Water as Trump Demands Rate Cut The U.S. Federal Reserve maintained its target range for the federal funds rate between 4.25% and 4.5%...
BitFuFu Hits Record 34.1 EH/s Hashrate as Bitcoin Production Surges in May
4.6.2025
The mining firm sold 178 BTC near May’s price peak to cover expenses and boost liquidity