Bitcoin News Post

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

Bitcoin addresses in loss hit 1-month high as BTC price retests $21K

There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar.

Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane

Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research.

Bitcoin won't hedge inflation until it hits 1B wallets: Scaramucci

The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.

Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows

The total crypto market capitalization dropped to the $1 trillion support, and weak stablecoin demand and a largely absent funding rate reflect traders’ negative sentiment.

Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits

This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”

Cryptocurrencies react to Jackson Hole, Fed rate hike plans and a weakening bear market rally

The price action in Bitcoin, altcoins and stocks reflects investors’ anxiety over the Fed’s rate hike plans, a weakening bear market rally and this week’s Jackson Hole economic symposium.

FCA highlights limited role as unregistered businesses continue to operate

Crypto.com has become the latest company to register with the United Kingdom's Financial Conduct Authority, while many continue to operate without approval.

Bitcoin whales attack sellers at $22.3K as euro drops below USD parity

Bitcoin struggles to make a return to higher levels despite geopolitical uncertainty striking the Eurozone.

Summer doldrums? Crypto volumes are down 55%, according to CoinShares

Bitcoin investment products, which include ETFs, ETPs and Grayscale’s GBTC, saw a third consecutive week of outflows.

Stablecoin issuers hold more US debt than Berkshire Hathaway: Report

Tether, Circle and other stablecoin firms held $80 billion worth of short-term U.S. government debt as of May 2022, more than owned by Warren Buffett’s Berkshire Hathaway.

BTC miners exit capitulation — 5 things to know in Bitcoin this week

Miners are a glimmer of hope in a barren Bitcoin landscape this week ahead of a key Federal Reserve event.

Average Bitcoin transaction fee drops under $1 as network difficulty recovers

In addition to timely upgrades, the drop in transaction fees can be attributed to multiple factors, including falling market prices and lower mining difficulty.

Cybersecurity analyst reveals 8 sneaky crypto scams on Twitter right now

The 19-part thread outlines the sophisticated strategies scammers are using to part crypto users from their funds.

Ronin hackers transferred stolen funds from ETH to BTC and used sanctioned mixers

The hackers continue to spread out the stolen funds using Bitcoin privacy tools as a means to remain anonymous, despite the identity of the hackers believed to be a North Korean cybercrime group.

Hackers exploit zero day bug to steal from General Bytes Bitcoin ATMs

The hack meant that all crypto going into the Bitcoin ATM would instead be siphoned off by the hackers.

Here’s 5 cryptocurrencies with bullish setups that are on the verge of a breakout

Bitcoin, BNB, EOS, QNT and CHZ are flashing bullish technical analysis setups which could lure buyers if the wider market enters a relief rally this week.

3 reasons why the Bitcoin price bottom is not in

Bear market fractals, weak technicals and macro risks continue to signal more pain for Bitcoin ahead.

The Real Deal? Peter McCormack's Bedford Bitcoin Bet scores more than goals

Real Bedford Football Club nets another example of how Bitcoin grassroots adoption benefits the broader community.

3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think

There are signs of further turbulence ahead. The absence of a BTC futures premium, $470 million in liquidations and excessive stablecoin lending all point toward new yearly lows.

Image