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The Latest Breaking News from Bitcoin

Bitcoin slumps 12% over past week as Mt. Gox repayments flood market

Bitcoin’s latest dip is largely due to an uptick in on-chain selling pressure as governments liquidate seized Bitcoin and the crypto exchange Mt. Gox begins to repay creditors.

Fortune

EXCLUSIVE: Bitget CEO Talks Bitcoin ETFs' Impact On Australia's Crypto Literacy

Australia has been in the news in recent weeks following the launch of the ASX's first spot Bitcoin ETF, and for an industry expert, the latest development could be a key driver in the country's crypto literacy bid.

International Business Times

Bitcoin Weekend Recap: $BTC Reclaims $57K As Hodlers, Maxis Help Drive Positive Sentiment

Bitcoin is back in the green after a weekend in the red – Bitcoin hodlers and maximalists are trying to keep sentiment on the positive end, but fears around the MtGox repayments and the German government's continuing dump continue to put pressure on the world's top digital asset.

International Business Times

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How to Avoid Being Influenced By Social Media On Investment Decisions

Social media's influence on investment decisions can lead to impulsive and costly mistakes. Explore the impact of social media on finance and provides strategies for making informed, independent investment choices.

Barchart

Mt. Gox customers benefit from 3500 percent increase in value, recoup losses despite only 15 percent of coins being returned

Although only 15% of cryptocurrency has been recovered, the massive increase in bitcoin prices means customers are getting much more than they lost in 2014.

Tom’s Hardware

S&P 500 and Nasdaq 100 Post Record Highs on Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.02%. Stock indexes Friday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Bitcoin Price Plummets As Mt. Gox Moves Billions In Crypto

Bitcoin's value plunges to ,000 as Mt. Gox's bitcoin transfer raises market concerns.

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Stocks Supported as US Jobs Report Bolsters Rate Cut Speculation

The S&P 500 Index ($SPX ) (SPY ) today is up +0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.61%. Stock indexes today are mostly higher, with the S&P 500 and Nasdaq 100 climbing...

Barchart

Stocks Rally as US June Payroll Report Boosts Rate Cut Chances

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. Stock indexes today are mostly higher, with the S&P 500 and Nasdaq 100 climbing...

Barchart

Crypto Experts React To Bitcoin Crashing Below $55K – Is It A 'Scam Dip'?

Bitcoin is trading below $55,000, and the crypto market is seeing hundreds of millions in liquidations, but is the current price plunge a manipulation of some sort? That's what some industry experts are insinuating.

International Business Times

The State Of Bitcoin Mining – Miners Still 'Writhing In Pain' Months After Halving

It's been more than two months since the Bitcoin halving, but some miners are still struggling to stay afloat, especially as $BTC prices have been on a downtrend in recent weeks – how are miners these days?

International Business Times

Judge Sides With CFTC In $120M Case Against Ponzi-Like Crypto Investment Scheme

An Illinois judge has ordered Sam Ikkurty of Oregon and several other defendants for defrauding investors whose funds were supposed to have been invested in digital assets such as Bitcoin.

International Business Times

Bitcoin Plunges To $58K – Is An 'Extreme Reset' To $40K Possible Before Reversal?

Bitcoin has plunged again, and while bulls are racing to get sentiment on a high note, some industry experts are trying to quell the seeming "overconfidence" surrounding the bull circle even as crypto prices dive.

International Business Times

Bitcoin, Ether Lead Over $260M Liquidations In 24 Hours Amid Sliding Prices

Bitcoin and Ether, the world's top two digital assets by market cap, led liquidations that passed $260 million in the past 24 hours – prices are sliding, spot BTC ETFs saw negative flows, and the full approval of spot ETH ETFs has apparently been pushed back.

International Business Times

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Barchart

1 Bitcoin Mining Stock That's Branching Out Post-Halving

Marathon Digital is a crypto mining company that is diversifying its revenue base by mining other digital assets, such as Kaspa.

International Business Times

US Spot Bitcoin ETF Flows Reach Stagnant State – Are The Funds Overhyped?

U.S. spot Bitcoin ETFs made history in January when they were approved for trading, but half a year since their launch, the funds' flows have "stagnated." Does this prove some early concerns about BTC ETFs being overrated?

International Business Times

Bitcoin Can 'Complement Or Replace' US Dollar, Possibly In 15 Years: Jack Dorsey

Jack Dorsey believes Bitcoin is the public's key toward "permissionless" financial transactions, and he also sees potential in the digital currency possibly replacing the U.S. dollar in 15 years.

International Business Times

Most Democrats Outside Elizabeth Warren's Circle Are Pro-Crypto: Galaxy Digital CEO

Mike Novogratz revealed that "most" Democrats outside the circle of Massachusetts Sen. Elizabeth Warren are actually pro-crypto – the claim comes amid increasing Republican support for the digital assets space.

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International Business Times

Embattled Bitfarms Mines 189 Bitcoin In June Amid Ensuing Riot Platforms Clash

Bitfarms continues to operate as usual even with Riot Platforms' earlier attempts at a hostile takeover – it mined 189 Bitcoins during the BTC price downturn season and has been expanding operations.

International Business Times

How Kenson Investments Streamlines Digital Asset Investments

With over a decade of experience, Kenson is dedicated to enabling clients to make sound financial decisions in a field that is undoubtedly one of the most confusing financial markets the world has ever seen.

Barchart

Earnings Preview: What to Expect From BlackRock's Report

BlackRock's second-quarter earnings will be unveiled next week, and analysts project a mid-single-digit bottom-line growth.

International Business Times UK

Multi-Chain Ecosystems: Why Web3 Won't Move Forward Without Interoperability

The problem is recognized by the community – and developers are building all sorts of protocols to address it.

International Business Times

Bitcoin Begins Road To Recovery At $63,000 But MtGox Dump Fears Loom

Bitcoin has bounced back above $63,000, but there are still concerns about the MtGox dump starting this week that could push prices down again.

International Business Times

VanEck's Bitcoin ETF Entry In Australia Highlights Country's 'Futuristic' Views Of Crypto

The launch of VanEck's VBTC on the ASX drew attention to Australia's evolving views of the cryptocurrency industry, and it could further propel the Australian public's growing trust for Bitcoin as a suitable investment.

Tom’s Hardware

Bitcoin Mt. Gox creditors will soon benefit from $9 billion payback — their BTC is over 10,000% more valuable than when it went missing

Mt. Gox begins paying back users, ten years after it began collapsing in February 2014.

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