Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi
In recent developments, the Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network. Looking closer, market…
Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Bi…
In recent developments, bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value.…
Wintermute Warns Bitcoin Bottom Is Unclear With ETF Outflows Near $3B
In recent developments, wintermute said bitcoin’s latest decline was driven mainly by U.S. institutional selling and ETF outflows, not Strategy’s small BTC sale. The firm warned that capital inflows have…
Seattle-Area Man Gets Prison for Laundering Foreign Fraud Funds With Bitcoin,…
In recent developments, the fraudster took in nearly $100 million from victims before laundering funds via Bitcoin, Ethereum, and stablecoins. The development has drawn attention from traders and analysts who…
Bitcoin Reverses 24-Hour Rally as Glassnode Flags 8M BTC at a Loss
In recent developments, amid escalating geopolitical tensions in the Middle East, bitcoin briefly dropped below $61,000 before rebounding to trade around $61,700—marking a 2.9% daily loss and wiping roughly $30…
Bitcoin may act as a ‘canary in the coal mine’ as risk-off pressure sprea…
In recent developments, bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated. Looking closer, market participants highlight key…
Wall Street Slides Hard and Bitcoin Tanks After Iran Shoots Down US Military …
In recent developments, wall Street collapsed and bitcoin tumbled Tuesday after Iran shot down a U.S. military helicopter over the Strait of Hormuz, torching an earlier ceasefire rally and sending…
Bitcoin price slips toward $62K local lows as bear-market history keeps repea…
In recent developments, bitcoin bear market analysis showed copycat BTC price moves ongoing despite new hopes of a US-Iran peace deal. The development has drawn attention from traders and analysts…
Bitcoin bottom? These four charts hint at BTC price dropping to $50K
In recent developments, a $50,000 Bitcoin price target remains in play despite BTC maintaining above $60,000 support for now, as multiple indicators warn the bottom may not be in. Looking…
Coinbase’s D’Agostino: Governments and Family Offices Are ‘Happy’ to …
In recent developments, coinbase strategist John D’Agostino says the world’s biggest buyers aren’t panicking over bitcoin’s slide, with sovereign wealth funds and family offices being more than “happy” to scoop…
