CFTC orders two Florida men to pay $5.4m in bitcoin fraud settlement

On Thursday, July 6, two men from Florida, the United States, were charged with running a bitcoin scheme worth millions of dollars. They have since settled with the Commodity Futures Trading Commissio...

BTC’s Upside, ETFs’ and SEC Chair Resigning?

Crypto News: We bring you a roundup of what’s been happening in crypto this week. A renowned analyst says Bitcoin (BTC) upside is imminent, with the only potential damper being the US Securities and E...

How the spot Bitcoin ETF filings affected the crypto industry in June: Report

The news surrounding BlackRock’s application for a spot Bitcoin (BTC) exchange-traded fund (EFT) sent the asset’s price from its local lows in mid-June to a strong monthly close of +12%. To most obser...

‘Bitcoin is the Logical Choice for AI,’ Claims BitMEX CEO

Arthur Hayes released an article sharing insights on AI’s choice of currency. Hayes argued that AI would prefer BTC as the currency in his latest article. Explaining three major reasons, Hayes argued ...

Arthur Hayes Predicts Bitcoin Price Up To $760,000 In AI Era

In a bold and visionary statement, Arthur Hayes, the founder of BitMEX, has laid out his compelling argument for a monumental Bitcoin price surge in the era of artificial intelligence (AI). In his rec...

What Bitcoin miners gained as king coin reached $31k

Miners opened long BTC positions after the price fell to $25,000. The broader sentiment remained bullish, but an analyst asked for caution. According to CryptoQuant analyst SimonaD, Bitcoin [BTC] mine...

Lightning Labs Brings Bitcoin Payment Toolkit for AI Developers 

Artificial intelligence (AI) technology development has picked up pace in the past several years. Its trajectory went more straight up in the recent months, given how the ChatGPT-like large language m...

Lightning Labs Unveils New Tools to Ease Bitcoin Transactions for AI

Lightning Labs said that the new tools will make Bitcoin transactions faster, cheaper, and more accessible to AI developers. Lightning Labs, a company involved in developing Lightning Network, a layer...

Shifting distribution trends among bitcoin ‘whale’ holders

Quick Take Examining Bitcoin, from a cohort perspective, currently bears a striking resemblance to the period following the SVB collapse back in March. The accumulation and distribution pattern among ...

Bitcoin Cash & DigiToads Register Monumental Gains Amid Crypto Revival

In a renewed surge of interest in the cryptocurrency market, Bitcoin Cash (BCH) and DigiToads (TOADS) have emerged as frontrunners, showcasing impressive double-digit gains. While Bitcoin Cash continu...

Bitcoin Price Consolidating Around $30,000; Is $31,000 the New $69,000?

With the resurgence of bears within the markets, the majority of the cryptos are shedding some of their gains. In the meantime, the tokens do possess the possibility of a bullish rebound as they appea...

Bitcoin Ordinals volume hits $210M in Q2

The creation of nonfungible token inscriptions on the Bitcoin (BTC) blockchain has led to over $210 million of trading volume for Bitcoin Ordinals, according to the latest quarterly report from DappRa...

Crypto Market Bleeding Profusely, Bitcoin Dropped Below $30,000

Yesterday, Bitcoin reached a fresh 13-month high, surging to $31,500. However, the subsequent rejection exerted significant downward pressure, causing the cryptocurrency to decline sharply and dip bel...

BTC Retakes $30K, Asian Stocks Drop to 5-Week Low Ahead of U.S. Nonfarm Payrolls (NFP) Report

The leading cryptocurrency by market value rose almost 1% to touch $30,300, reversing some of Thursday’s slide. The MSCI’s broadest index of Asia-Pacific shares, excluding Japan, extended ...

Bitcoin defends $30K as ‘risk-off’ mood grips markets

Bitcoin (BTC) stemmed further losses below a key level of support following whipsaw trading on Thursday, with prices rising and falling in quick succession. The asset dipped below $30,000 for the firs...

Bitfinex Recovers Assets Stolen During Infamous 2016 Bitcoin Hack

Crypto Exchange Bitfinex has announced that it has recovered some of the stolen assets from the 2016 Bitcoin hack but stated that a considerable number of assets are still yet to be recovered.  The ex...

BlackRock ETF might open door to institutional shorting of bitcoin

BlackRock has filed for regulatory approval of a bitcoin ETF. The SEC has never approved one, but investment giant has a nearly flawless track record when applying for ETFs: over 500 approvals per one...

BTC Miners Such as MARA, RIOT, HUT Are Playing a Survival Game, Mulling AI: Bernstein

The resurgence has been driven by two main factors, the report said. First, strong bitcoin price action due to improving sentiment resulting from Blackrock, Fidelity and other institutional exchange-t...

Surge in Ruble-based BTC, USDT volume as Dollar strengthens over RUB

Quick Take During the recent attempted Russian coup, CryptoSlate reported a surge in both Bitcoin (BTC) and Tether (USDT) volumes paired with the Russian Ruble (RUB). Interestingly, this trend seems t...

Bitcoin holding hits one-year ATH: ARK Invest

A recent report published by ARK Invest shed light on institutional Bitcoin holding. The sentiment of institutional and large capital investors has been bullish for months now. If the latest figures a...

Privacy is not the core feature of Bitcoin, KuCoin CEO says

Amid KuCoin exchange preparing to adopt mandatory Know Your Customer (KYC) checks, the company’s CEO argued that privacy is not the most important feature of Bitcoin (BTC). “When it comes to the purpo...

Analyst Who Accurately Nailed 2022 Crypto Bottom Says Three Factors Are Hinting That Bitcoin Could Nuke

A widely followed strategist who called the Bitcoin (BTC) bottom in November of 2022 is outlining three reasons why the king crypto could turn bearish. Pseudonymous analyst DonAlt tells his 493,800 Tw...

Trader’s BTC Buy Opportunity Plays Out and Returns 3.39% Profit

Ali, a crypto trader and analyst, tweeted an update to the buy opportunity that presented itself on BTC’s chart 2 days ago. In his latest tweet, the analyst revealed that BTC climbed 3.39% in the 24 h...

What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes

In the piece “Massa,” written by Arthur Hayes on Medium, the author examines the potential impacts that artificial intelligence (AI) may have on several aspects of society. According to hi...

Crypto Markets Shed $50B Daily as BTC Dipped Below $30K (Market Watch)

Bitcoin posted a new 13-month high yesterday at $31,500, but the subsequent rejection drove it south hard, and the asset slipped below $30,000 on a few occasions. The altcoins have also turned red, wi...

Bad news for the price of Bitcoin

The price of Bitcoin dropped significantly below $31,000 in response to the release of minutes by the Federal Reserve.  The drop occurred in conjunction with the decline in global equities and was fur...

Bitcoin Cash (BCH): How Soon Before the Push to Reclaim $300?

BCH’s buying strength has become weak since less money flowed into the market. Despite a slightly bullish bias, the coin might only cope with consolidation around $262. Traders evaded long positions, ...

Will artificial intelligence choose Bitcoin as its currency? Arthur Hayes thinks so

Arthur Hayes, co-founder and former CEO of BitMEX, has proposed that Bitcoin could become the preferred currency for the rapidly advancing domain of artificial intelligence. In a recent blog post titl...

Crypto guru Willy Woo slams Huobi a ‘train wreck’ as BTC balance plummets

Amid a wide-reaching regulatory offensive against some of the largest cryptocurrency exchanges in the world, crypto trading platform Huobi seems to be dealing with a different (but not entirely unrela...

Lightning Labs unveils tools enabling AI apps to seamlessly interact with Bitcoin network

On July 6, the Bitcoin Lightning Network development firm, Lightning Labs, introduced a new toolkit that enables artificial intelligence (AI) applications to interact with the Bitcoin network through ...

Vitalik Buterin Unleashes Ordinals and BRC-20 Tokens Against Bitcoin’s Stagnation

Key Points: Vitalik Buterin, co-founder of Ethereum, shares his views on the growing importance of ordinals and the BRC-20 token standard in the cryptocurrency space. Buterin highlights the need for l...

Bitcoin: Why this trader mindset could obstruct BTC’s latest rally

As per data from IntoTheBlock, 73% of BTC holders stood profitable as of 6 July. However, BTC’s exchange netflow and indicators didn’t agree with the positive market sentiment around BTC. Bitcoin [BTC...