7 Sep 24 - 📈 Venezuela opposition leader María Corina Machado proposes adopting Bitcoin as a national reserve asset to combat hyperinflation and financial collapse. She calls it a "vital means of resistance" and a way to rebuild the country’s stolen wealth.
6 Sep 24 - ⚠️ Over 600 Bitcoin ATMs went offline globally in the past 2 months, with the U.S. seeing the biggest drop. Authorities are cracking down on ATMs linked to fraud, with losses surpassing $110M since 2020. New regulations may treat them like banks.
6 Sep 24 - 📈 El Salvador nailed the Bitcoin bottom! After FTX's collapse, Bukele started buying BTC daily at an average price of $30,800. Today, those buys are up 90%, with a total 35% gain on their 3,035 BTC holdings since 2021. Smart move on timing!
6 Sep 24 - 📉 U.S. spot Bitcoin ETFs faced $211.15M in net outflows Thursday, marking a 7th day of negative flows. Fidelity’s FBTC led with $149.49M out, followed by Bitwise’s BITB at $30M. No ETFs saw inflows as trading volume dropped to $1.35B from $1.41B.
6 Sep 24 - 📊 Former President Donald Trump is ramping up support for Bitcoin, promising to make the U.S. the world capital for crypto. With just 2 months until the election, he pledges to slash regulations and create a BTC reserve to tackle the national debt.
5 Sep 24 - 📊 Coinbase currently holds 2,275,123 BTC, or 10.83% of Bitcoin's max supply. This includes 1M+ BTC in retail exchange, 808K in ETFs, and 137K in institutional custody. Companies like MicroStrategy, Tesla, and miners hold another 99K BTC.
4 Sep 24 - 💰 Switzerland’s 4th-largest bank, Zürcher Kantonalbank, now offers Bitcoin trading and custody services via its Mobile and e-Banking platforms. Future plans may include other assets. Third-party Swiss banks can also access these services through ZKB’s B2B solution.
4 Sep 24 - 📉 Bitcoin drops 1.5%, retesting $56,022 support after Tuesday’s rejection at $59,560. US spot ETFs see $290M outflow, and the long-to-short ratio dips to 0.95, signaling bearish sentiment. BTC could fall further if it breaks below $56,022.
3 Sep 24 - 📊 On-chain data reveals over 16,500 BTC worth $1.01B flowed out of crypto exchanges in the past week, signaling potential accumulation. Binance alone saw a net outflow of 48,000 BTC. Despite a bearish September, investors seem bullish on Bitcoin's future.
3 Sep 24 - 📉 Bitcoin's price could see major shifts as the US Federal Reserve's interest rate decision looms. A rate cut could lead to volatility, with a possible 15-20% drop, and a bottom around $40-50K, warns Bitfinex Alpha. Watch out for market reactions!
3 Sep 24 - 🔪 Scottish authorities seized and converted 23.5 Bitcoin into $144K cash from a 2020 home invasion where robbers used a machete and a Toblerone bar to steal crypto. This marks Scotland's first robbery involving cryptocurrency tracing.
2 Sep 24 - 📉 Bitcoin drops 8.6% in August, hits fresh 2-week low at $57.2K. Weekend price action worsened amid thin liquidity, leading to a monthly close below $58.4K. September historically brings 4.5% losses. Traders eye $55.5-56.5K support or a fall to $51K.
1 Sep 24 - 🇸🇻 El Salvador’s Bitcoin adoption has been slower than expected, with usage lagging despite being legal tender. President Bukele suggests the voluntary nature of Bitcoin use is a key factor. The government is now focusing on education to boost adoption.
1 Sep 24 - 💰 A Canadian court orders Daniel Tambosso to repay Hung Nguyen $1.2M for a loan of 22 bitcoins made in 2021. Tambosso claimed he was a Ponzi scheme victim, but the judge ruled it was a straightforward contract, dismissing his defense and arguments.
1 Sep 24 - 📉 On August 30, 2024, US Bitcoin ETFs saw $167M in outflows, continuing a bearish trend with a total weekly loss of $227M. BTC is trading at $58,130, showing a 0.8% drop. Analysts warn that BTC must hold above $57.7K to avoid a downtrend.
31 Aug 24 - 📈 Bitcoin mining difficulty surged by 3% due to a recovering hashrate. This increase means tougher mining conditions but reflects a stronger network. With 2-week difficulty adjustments, miners face higher costs and competition. This shift might impact Bitcoin’s price and market stability.
31 Aug 24 - 📉 Bitcoin dipped below $59K, hitting $58,688 before recovering to $59,450, down 0.7% in 24 hours, per CoinGecko. Market sentiment remains shaky, but CryptoQuant suggests BTC may be near a price bottom, aligning with historically low hash prices as potential buying opportunities emerge.
30 Aug 24 - 📉 Bitcoin exchange reserves have hit a yearly low, setting the stage for a potential retest of the $60,000 mark. Major exchanges now hold 2.62M BTC, down 12.9% since January. Analysts suggest this reduced selling pressure could favor a bull market.
30 Aug 24 - 📊 A deVere Group survey reveals 45% of baby boomer investors now prefer Bitcoin over gold. Institutional adoption and Bitcoin's integration into the regulated financial system are driving this shift, showing growing mainstream acceptance among older generations.
30 Aug 24 - 🌍 El Salvador's pro-Bitcoin president, Nayib Bukele, admits Bitcoin adoption hasn't met expectations but says the country has benefited from branding, investments, and tourism. With $400M in BTC, Bukele remains optimistic about Bitcoin's future impact.