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  • Bitcoin, ETH price coil after inflation cools and US-China tariffs roll back
    Cointelegraph.com - 19:15 Jun 11, 2025
    Lower CPI and tariff rollbacks boost crypto’s outlook despite economic concerns and Fed rate uncertainty. Key takeaway: The crypto market’s strength sustains even as investors continue to ponder the impact of raising the US debt ceiling.  The cryptocurrency market responded positively to Wednesday’s Consumer Price Index (CPI) report and reduced prospects of an escalating trade war between the US and China. Demand for alternative hedge instruments typically weakens in such scenarios, yet Bitcoin (BTC) neared $109,000, while Ether (ETH) posted a 3% gain, trading above $2,800. Read more
    Tags: Bitcoin
  • Bitcoin hashrate up 40% this year as miners keep scaling
    CryptoSlate - 17:45 Jun 11, 2025
    Bitcoin’s network difficulty remains pinned at a record 127 T following its most recent adjustment on May 31, yet the underlying hashrate continues to push higher. As of June 10, the average seven-day hashrate is roughly 901 EH/s, with several daily prints brushing against 920 EH/s. This suggests a persistent mismatch between the protocol’s two-week […] The post Bitcoin hashrate up 40% this year as miners keep scaling appeared first on CryptoSlate.
    Tags: Bitcoin
  • ‘Unique’ Bitcoin holder trend backs BTC’s next price discovery phase: Glassnode
    Cointelegraph.com - 17:02 Jun 11, 2025
    Bitcoin enters a unique market phase as rising long-term holder dominance and compressed volatility could potentially trigger a fresh round of price discovery. Key takeaways: A unique divergence emerged as long-term Bitcoin holders took profits, while the overall supply held by this cohort continues to rise. Bitcoin’s volatility has dropped to the 10th percentile, its lowest range in a decade, despite prices trading near all-time highs. Read more
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  • Bitcoin nears new high as Trump says US-China trade ‘deal is done’
    Cointelegraph.com - 13:50 Jun 11, 2025
    Bitcoin may see more upside if the world’s two largest trading nations finalize their tariff deal and end global economic uncertainty. Bitcoin is closing in on a new high, buoyed by renewed optimism that the United States and China have reached a final agreement on their long-awaited trade deal. The world’s largest trading economies have nearly completed their trade agreement, according to a Wednesday post on Truth Social by US President Donald Trump. “Our deal with China is done, subject to final approval with President Xi and me,” Trump said. “We are getting a total of 55% tariffs, China is getting 10%. Relationship is excellent.” Read more
  • Bitcoin update to raise data limit on divisive OP_RETURN function
    Cointelegraph.com - 01:28 Jun 11, 2025
    Bitcoin Core dev Gloria Zhao says the data limit for OP_RETURN will be raised in October, infuriating several Bitcoin users who prefer images, text and audio to stay off the blockchain. An upcoming Bitcoin software update will increase the data limit on a divisive function that will allow significantly more images, text and documents to be stored on the Bitcoin blockchain, a developer says. The Bitcoin Core 30 update slated for Oct. 30 will remove the 80-byte limit on the controversial OP_RETURN function and allow each output to carry up to 4 megabytes of data, Bitcoin Core developer Gloria Zhao posted to GitHub on Monday. It comes three days after 31 Bitcoin Core devs signed a statement supporting the change, known as merged pull request (MPR) #32406. The Bitcoin devs indicated on May 5 that the data limit would be removed. OP_RETURN enabled the Ordinals craze last year, allowing Bitcoin users to post everything on the blockchain from non-fungible token-like collections to the Afghan war logs published by Wi...
  • Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment
    CryptoSlate - 22:00 Jun 10, 2025
    On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7 […] The post Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment appeared first on CryptoSlate.
    Tags: Bitcoin
  • Quantum Threat for Bitcoin? 'I Don’t Worry About It', Says Strategy's Michael Saylor
    Decrypt - 21:17 Jun 10, 2025
    Bitcoin bull Michael Saylor of Strategy (MSTR) dismissed quantum computing risks to BTC, calling the threat overblown and manageable.
  • Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions
    CryptoSlate - 18:12 Jun 10, 2025
    The Blockchain Group on June 10 won shareholder approval to raise more than €10 billion ($11 billion) for additional Bitcoin (BTC) purchases effective immediately, formalizing a proposal first aired one day earlier. During an ordinary and extraordinary general meeting, investors holding 39% of voting rights backed every resolution with support exceeding 95%, according to a […] The post Blockchain Group wins approval for $11B raise to execute aggressive Bitcoin acquisitions appeared first on CryptoSlate.
  • Bitcoin’s OP_RETURN Limit Soars to Nearly 4MB in Core 30 Update
    CryptoPotato - 18:07 Jun 10, 2025
    Core 30 will relay larger OP_RETURN transactions by default, making Bitcoin more open to non-monetary data use cases.
  • Bitcoin’s 'fair value' could be as high as $230K — Bitwise analysts
    Cointelegraph.com - 18:04 Jun 10, 2025
    Trump’s tax cuts and soaring US debt fuel Bitcoin’s rise as a hedge against sovereign default risks, potentially pushing BTC price toward $200,000 or more by 2025. Key takeaways: Bitwise predicts Bitcoin could hit $200,000 by year-end, with a potential “fair value” of $230,000. Trump’s proposed tax cuts and rising US debt position Bitcoin as a hedge against sovereign default risks. Read more
  • Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals
    CryptoSlate - 16:14 Jun 10, 2025
    Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that […] The post Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals appeared first on CryptoSlate.
  • Bitcoin traders now see $107K retest before new all-time highs
    Cointelegraph.com - 15:23 Jun 10, 2025
    Bitcoin is due a modest consolidation phase before taking a run at price discovery, says the latet analysis — will US inflation data help it get there? Key points: Bitcoin is due a fresh run at all-time highs, traders believe, but a corrective phase is due first. BTC price targets include $107,000, with the six-figure barrier still on the table. Read more
    Tags: Bitcoin
  • Meta’s Bitcoin rejection means Big Tech is still skeptical
    Cointelegraph.com - 14:00 Jun 10, 2025
    The case for holding Bitcoin on a firm’s balance sheet is compelling, CoinShares’ Butterfill told Cointelegraph, and “the pace of adoption is accelerating.” Strategy became the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset in August 2020, but not many major tech firms have followed since.  Treasury reserves, sometimes called cash reserves, are held by corporations to fund short-term or emergency obligations. These are typically cash or cash equivalents like money market funds or three-month US Treasury bills. The social media giant Meta keeps $72 billion in liquid assets in its reserve. But at its annual meeting on May 28, shareholders turned back a proposal to assess whether Bitcoin (BTC) might qualify as a future treasury reserve asset. The proposal was dismissed by a ratio of 1,221 to 1. Read more
  • Mystery whale opens $300M leveraged Bitcoin bet: James Wynn alt account?
    Cointelegraph.com - 13:20 Jun 10, 2025
    The mysterious $300 million leveraged Bitcoin long comes days after Wynn’s second $100 million leveraged Bitcoin position was liquidated, causing a near $25 million loss. A mystery investor has opened a $300 million leveraged Bitcoin position, fueling speculation around their identity. The unknown whale, or large cryptocurrency holder, opened a 20x leveraged Bitcoin (BTC) long position worth over $308 million at the entry price of $108,100, Hypurrscan blockchain data shows. The position currently shows an unrealized profit of more than $4 million and faces liquidation if Bitcoin drops below $105,780. Read more
    Tags: Bitcoin
  • Strategy Inc vs. BlackRock: Which is the better Bitcoin proxy stock for your portfolio?
    Cointelegraph.com - 12:47 Jun 10, 2025
    Strategy Inc vs. IBIT: Best Bitcoin Proxy Stock in 2025? When investors want exposure to Bitcoin without actually holding it, they often turn to what’s known as a Bitcoin proxy stock. These are equities or funds that mirror Bitcoin’s price movements, offering a way into the crypto market through traditional finance. Two of the most prominent examples today are Strategy Inc (formerly MicroStrategy) and BlackRock’s iShares Bitcoin Trust (IBIT). Read more
  • Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem
    CryptoSlate - 12:41 Jun 10, 2025
    Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi ecosystem. Cardano founder Charles Hoskinson highlighted the release on June 9, sharing a post from Roman Pellerin, Chief Technology Officer at Input Output Global (IOG), […] The post Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem appeared first on CryptoSlate.
  • ‘Apple should buy Bitcoin,’ Saylor says, as share buyback disappoints
    Cointelegraph.com - 11:53 Jun 10, 2025
    Bitcoin exposure may provide a lucrative financial opportunity for Apple’s stock buyback program, according to Michael Saylor. Apple, the world’s fourth-largest company by market capitalization, should buy Bitcoin (BTC) to address the poor performance of its stock buyback program, according to Strategy executive chairman, Michael Saylor. “Apple should buy Bitcoin,” Saylor said in a June 10 X post. Saylor’s comment responded to Jim Cramer’s criticism of the Apple buyback program. Read more
  • Bank of Japan pivot to QE may fuel Bitcoin rally — Arthur Hayes
    Cointelegraph.com - 10:49 Jun 10, 2025
    The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge. The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies. The BoJ is set to take its next interest rate decision at its upcoming monetary policy meeting on June 16–17. The central bank may provide the next significant catalyst for Bitcoin (BTC) and other risk assets if it pivots to quantitative easing (QE), according to Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom. Read more
  • Bitcoin climbs back to $110k amid sustained corporate, institutional interest
    CryptoSlate - 23:06 Jun 09, 2025
    Bitcoin (BTC) rebounded above $110,000 on June 9, regaining ground lost in last week’s selloff as investors rotated back into digital assets on the back of strong ETF inflows, easing macroeconomic tensions, and renewed optimism across risk markets. The world’s largest crypto reached an intraday high of $110,653 from a daily low of $105,426 earlier […] The post Bitcoin climbs back to $110k amid sustained corporate, institutional interest appeared first on CryptoSlate.
    Tags: Bitcoin
  • BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting
    CryptoSlate - 21:15 Jun 09, 2025
    BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC). The move ends a months-long legal dispute that spotlighted growing tensions between centralized exchanges and token custodians as control over key infrastructure becomes increasingly contested. Filed on June 6 in […] The post BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting appeared first on CryptoSlate.