Bitcoin’s long-term investors now hold 80% of all BTC in circulation, which could trigger the next leg higher into price discovery if history repeats.
New Zealand bans crypto ATMs and sets a $5,000 cap on overseas cash transfers in a major step to combat money laundering and financial crime.
Bitcoin traders are showing a “lack of follow-through strength” as BTC struggles to break its current all-time high level, says Bitfinex.
Metaplanet aims to leverage its growing Bitcoin treasury to acquire cash-generating businesses, with a digital bank in Japan among its possible targets.
Bitcoin miners had a mixed bag in June, with Australian-based miner IREN reporting a record-breaking month for revenues, but lower Bitcoin production.
BlackRock’s iShares Bitcoin ETF now holds 55% of the total Bitcoin held across all US spot Bitcoin ETFs.
The acknowledgment officially starts the clock for the US securities regulator to decide on the proposed Bitcoin and Ether combined ETF.
“This was more about staying safe than suddenly getting rich,” said a crypto user who converted a 100-BTC Casascius bar they bought in 2012.
Traders are unwinding their bearish positions as Bitcoin holds strong, fueling optimism for a potential breakout to $120,000.
CleanSpark reached 50 EH/s in operational hashrate in June, increasing its total Bitcoin holdings to 12,608 BTC even with significant monthly sales.