A man trying to recover a Bitcoin hard drive in a landfill site which he says is now worth about £600m is “seeking to bribe the council”, it has been claimed in court. Newport council has asked a High Court judge to strike out a claim by James Howells, who is attempting to sue the […]
Cryptocurrency
Bitcoin exchange holdings decline to multi-year low: report
Bitcoin reserves on centralized crypto exchanges like Binance and Coinbase have dropped to their lowest levels in years, reinforcing bullish crypto sentiment. CryptoQuant data confirmed that investors have withdrawn over 171,000 Bitcoin btc-0.22%Bitcoin from leading crypto exchanges since Donald Trump’s victory in the U.S. presidential election. Mass withdrawals shorten the supply available for sell-offs, often signaling a long-term investment […]
Bitcoin crashes to $62,000 on Upbit after South Korea enacts emergency martial law
Bitcoin’s price plunged more than 30% to $62,000 on Upbit within the last hour, following South Korean President Yoon Suk Yeol’s declaration of “emergency martial law,” according to data tracked by TradingView. The sharp decline was observed in the Korean won (KRW) trading pair. Bitcoin has since recovered above $89,000 on Upbit, creating a $4,000 […]
As Bitcoin Hovers Around Its All-Time High, Traders Turn to Altcoins
After Donald Trump secured a second term in the White House last month—with the promise of friendlier crypto regulation—the floodgates have reopened, and crypto prices are booming. Bitcoin (BTC) led the charge, with the top crypto pushing to new highs last month. Since hitting a wall just below $100,000, it’s a rotating selection of altcoins […]
Bitcoin price weakens, but BTC derivatives remain healthy
Bitcoin BTC$95,280 has struggled to rally above $98,000 from Nov. 25 to Dec. 2, frustrating investors despite achieving a 38% monthly gain. Market participants worry that prolonged consolidation below the $100,000 psychological barrier could embolden bearish strategies to suppress BTC’s price. Bitcoin 2-month futures annualized premium. Source: Laevitas.ch Derivatives markets suggest resilience, with traders paying a 17% […]
Bitcoin finds a new purpose in DeFi through new mining-backed model
EverValue introduces Bitcoin backing in DeFi with EVA to create new standards of valuation and establish predictable growth in an unpredictable space. Decentralized finance (DeFi) cracks the door open for opportunities otherwise inaccessible in traditional finance (TradFi). However, for investors looking to put their Bitcoin into use, DeFi landscape presents challenges. Most DeFi projects require […]
US Bitcoin reserve is possible to achieve but not without downsides
During his 2024 election campaign, United States President-elect Donald Trump made many crypto-related promises, including establishing a “strategic Bitcoin stockpile.” The idea has since picked up steam both in the United States and abroad. While there has been plenty of talk, a clear roadmap and timeline for the implementation of a Bitcoin BTC$95,260 strategic reserve haven’t been […]
Bitcoin price move toward $100K opens doors for SHIB, FIL, MNT, AAVE
Bitcoin BTC$97,677 is consolidating just below the $100,000 level, suggesting that the bulls are not rushing to the exit as they anticipate the uptrend to continue. Global Macro Investor founder and CEO Raoul Pal posted a chart on X suggesting that Bitcoin could form a local top above $110,000 by January. Several analysts remain bullish for the next year. […]
Establishment’s Takeover of Bitcoin Creates a New List of Risks
Bitcoin exchange-traded funds have been such a smashing success in the US that they now hold more than 1 million of the tokens, or about 5% of what currently exists. That’s in the same ballpark as the amounts that have long been frozen in the wallet of the market’s original whale: The cryptocurrency’s anonymous and […]
Bitcoin records 129% year-to-date gain seven months after halving
Bitcoin BTC$97,735 recorded a 129% year-to-date gain, primarily driven by the outcome of the 2024 United States Presidential election and the April 2024 halving event. According to data from ICO Analytics, Bitcoin also experienced a 37% gain in November 2024. The ICO Analytics data measured monthly Bitcoin performance between 2011-2024 and revealed only three other years where Bitcoin […]
