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HM Treasury changes course on collecting data around unhosted crypto wallets
“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update.
Bitcoin futures enter backwardation for the first time in a year
Risk-averse BTC derivatives traders throw in the towel after futures contracts trade below the spot market price.
Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average.
Bitcoin Long-Term Holder Loss-Taking Now Highest Since 2019
On-chain data shows Bitcoin long-term holder SOPR has reached the deepest value since 2019, suggesting this cohort has been realizing some heavy losses recently.
Bitcoin Long-Term Holder SOPR Continues To Trend Down
As pointed out by an analyst in a...
Iranian government to cut power supply for the country's legal crypto mining rigs
For years, the country has heavily subsidized its electricity production leading to extremely low prices. It claims that this has now become unsustainable.
More 'forced selling' ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
The shocking Bitcoin withdrawals appeared as BTC's extended its decline below $20,000 over the weekend.
Why the crypto market crash may play in Bitcoin's favour
Podcaster and Bitcoin educator, Natalie Brunell, believes the current market turmoil could lead to regulation favouring Bitcoin over alts.
ProShares will launch ETF aimed at shorting Bitcoin following dip under $20K
The ETF will allow U.S. investors to bet against BTC using futures contracts given the cryptocurrency’s performance in a single day, as measured by the CME Bitcoin Futures Index.
‘Bitcoin dead’ Google searches hit new all-time high
Sentiment in the crypto community is the lowest it has ever been, leading to fresh speculation that BTC is a dying asset.
BTC price recovers to 3-day highs as new whale support forms at $19.2K
At least some were buying the dip below $20,000, data shows, while PlanB fields fresh criticism of his Stock-to-Flow BTC price models.