MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge
[Jun 14 8:38 AM] The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.
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Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
[Jun 14 7:16 AM] According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further…
MicroStrategy Boosts Stock Sale to $700M to Buy More Bitcoin
[Jun 14 6:39 AM] MicroStrategy, led by CEO Michael Saylor, has increased the size of its planned stock sale to raise additional funds to purchase Bitcoin. The company is now seeking to raise $700 million, up from the previously announced $500 million.BREAKING…
First Mover: Bitcoin Struggles Near $67,000 as Cryptos Lag Behind Stocks
[Jun 14 6:14 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
[Jun 14 6:05 AM] Bitcoin’s price on June 14, 2024, stands at $67,046, with intraday prices ranging from $66,425 to $68,506. The leading crypto asset’s market capitalization is $1.31 trillion, and the 24-hour trading volume is $23.92 billion. Technical…
Financial Giant AllianceBernstein Predicts Bitcoin At $1 Million, Here’s When
[Jun 14 6:00 AM] In an analysis released Thursday, leading global investment firm AllianceBernstein with assets under management worth $725 billion significantly elevated its price target for Bitcoin, predicting the premier cryptocurrency will reach $1 million by…
Bitcoin breaks 18-month hashrate uptrend: Are BTC miners capitulating?
[Jun 14 5:32 AM] Despite the drop in hashrate, Bitcoin miner selling isn’t correlated with the BTC price drop from $71,100 to $66,000.
Bitcoin Traders See Short-Term Bearish Target at $60K as Miners Pare Holdings
[Jun 14 5:17 AM] Persistent testing of the lows sets the bears up for quick success with their next target at $60,000, one trader said.
Bernstein: Bitcoin Could Hit $1 Million by 2033
[Jun 14 4:11 AM] Major Wall Street firm Bernstein has made a bullish long-term prediction for Bitcoin's price, saying it could reach $1 million by 2033.JUST IN: $779 billion Bernstein says #Bitcoin will likely hit $1 million.Predicts $200,000 price by 2025 
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… Here's Why Bitcoin's Not Keeping Pace With Nasdaq
[Jun 14 3:53 AM] Bitcoin has declined 6% in one week even as Nasdaq rallies to fresh record highs.
Can Bitcoin whales protect BTC price from new $48K downside target?
[Jun 14 3:05 AM] Bitcoin is not filling traders with hope as a stubborn BTC price range endures despite mass whale purchasing.
Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
[Jun 14 2:42 AM] The broker initiated coverage of the stock with an outperform rating and a $2,890 price target.
South African Retailer Accepting BTC Sees Significant Increase in Monthly Crypto Transactions
[Jun 14 2:41 AM] The South African retail giant, Pick n Pay, has reported a significant increase in the value of monthly cryptocurrency payments, rising from approximately $1,350 to $54,000. The regions of Gauteng, KwaZulu-Natal, and the Western Cape in South…
Bitcoin Bears Gain Control: Further Drops on the Horizon
[Jun 13 9:09 PM] Bitcoin price struggled to recover above the $68,000 resistance zone. BTC is again moving lower and might even decline below the $66,000 support zone. Bitcoin started another decline from the $68,200 resistance zone. The price is trading below…
Bitwise Forecasts $20 Trillion Boost To Global GDP From Crypto And AI By 2030
[Jun 13 9:00 PM] The intersection of artificial intelligence (AI) and crypto is poised to unleash a notable wave that could add a staggering $20 trillion to the global gross domestic product (GDP) by 2030, according to a recent report by Bitcoin ETF issuer Bitwise…
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court
[Jun 13 8:31 PM] The Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that…
Bitcoin’s Breakout Blueprint: Analyst Reveals Roadmap For Imminent Surge
[Jun 13 8:00 PM] As Bitcoin navigates through 92 days of consolidation, the crypto community watches closely for the next major move. Notably, this extended phase of stability, which is now the longest in Bitcoin’s history, has been seen as the calm before a…
Attorney Disbarred After Misappropriating $4 Million in Bitcoin Funds
[Jun 13 7:27 PM] The Supreme Court of Georgia, the highest judicial authority of the U.S. state of Georgia, has disbarred attorney Diana McDonald on June 11 for misappropriating $4 million from a bitcoin escrow transaction. In 2019, McDonald acted as a fiduciary…
Coinbase CEO Engages US Senators to Push Clear Crypto Regulations
[Jun 13 3:11 PM] Coinbase CEO Brian Armstrong said on Wednesday that he engaged with over a dozen senators from both Democratic and Republican parties in Washington, D.C., over the past 48 hours. The discussions focused on establishing clear regulations for the…
Analyst Predicts 35% Jump For Bitcoin In Next Step Of ‘Magic Bands’
[Jun 13 3:00 PM] Despite the price crash after rising to $69,000, the Bitcoin price remains in the game, with bulls continuing to hold up the support above $67,000. Bullish sentiment also continues to prevail, with the market still being fairly greedy amid…
Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000
[Jun 13 2:00 PM] At spot rates, Bitcoin is firm, but traders doubt the uptrend following the unexpected dump on June 11. Currently, Bitcoin is stable, trending above $67,000 and down despite gains on June 12. Still, even at this level, there are concerns because…
'Bitcoin is Exponential Gold', Says Fidelity’s Director of Global Macro
[Jun 13 1:09 PM] Jurrien Timmer, Fidelity’s Director of Global Macro, recently made a notable statement about Bitcoin, describing it as "exponential gold" and an emerging player on the "store of value" team. Timmer's comments were shared through a series of posts…
Traders: Bitcoin price needs “fresh all-time highs” to end pump-and-dump cycles
[Jun 13 11:18 AM] Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation.
Competitive Pressure Builds for Bitcoin Miners as Hashprice Swings
[Jun 13 10:20 AM] Bitcoin’s hashrate experienced an uptick this week, briefly surpassing 600 exahash per second (EH/s) and currently stabilizing at 598 EH/s. The hashprice, which represents the expected value of 1 petahash per second (PH/s) of hashing power…
Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market
[Jun 13 10:07 AM] SEC Chair Gary Gensler said he expected the new vehicles to have won full approval by the end of the summer.
Protocol Village: McLaren Data Tracker on Minima Blockchain Could Prevent Race Car Cheating
[Jun 13 8:47 AM] The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 13-19.
Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether
[Jun 13 8:36 AM] Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth…
Bitcoin is the only decentralized currency, Tether CEO says
[Jun 13 8:03 AM] The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.
Bitcoin price tracks $68K as 'chicken' crypto market shrugs off US PPI
[Jun 13 7:47 AM] Bitcoin and altcoins are unmoved by a significant inflation slowdown, as shown in the latest U.S. macro data.
First Mover Americas: Bitcoin Holds $67K, CRV Slides
[Jun 13 6:02 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for June 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.