Bitcoin | Crypto

Criminal hackers exploited a critical vulnerability in Brazil's banking infrastructure, stealing over $180 million from reserve accounts in the country's largest cyberattack, with stolen funds immediately routed through cryptocurrency exchanges to convert into Bitcoin and USDT. The post Hackers Steal $180M from Brazilian Banking System in Largest-Ever Attack, Cash Out via Bitcoin and USDT appeared first on Cryptonews.

Bitcoin has rallied above $107,000, taking the vast majority of investors back into profit, says blockchain data platform Glassnode, with total unrealized gains hitting a whopping $1.2 trillion. The post Bitcoin’s Rebound Pushed Most Investors Back into Profit appeared first on Cryptonews.

Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September. Key points: Bitcoin quickly reversed gains as US nonfarm payrolls data beat expectations and unemployment fell more than thought. Analysis says that the Federal Reserve is now unlikely to lower interest rates at its July meeting. Read more

A large cluster of potential short liquidations near $111,320 could trigger a squeeze to accelerate Bitcoin’s next leg higher into price discovery. Key takeaways: Bitcoin's funding rate briefly turned negative in late June, historically a signal for upcoming rallies. A large concentration of short liquidations near $111,320 could fuel a short squeeze. Read more

The absence of new buyers and FOMO-driven greed are key factors that could keep Bitcoin price pinned below $112,000 longer than many think. Key takeaways: Bitcoin price taps $110,000, but low spot buying demand suggests the upside could be limited. High retail FOMO and a near-overbought RSI signal a potential BTC price correction. Read more

Bitcoin moved closer to its all-time high today, but several data points suggest pro traders are not on board yet. Key takeaways: Bitcoin trades near all-time high, but derivatives data show traders remain cautious and uncommitted. The USDT discount in China and spot Bitcoin ETF outflows highlight investor concerns over global trade tensions. Read more

Bitcoin’s derivatives market saw a quiet but meaningful repositioning in July, marked by two liquidation-driven drawdowns in futures and a record expiry event that wiped out over $15 billion in options open interest. These changes took place alongside relatively muted price action, as Bitcoin hovered between $101,000 and $110,000 throughout June before stabilizing near $107,000 […] The post End of the quarter wipes out billions from Bitcoin open interest appeared first on CryptoSlate.

Bitcoin (BTC) could see its strongest half-year performance ever in late 2025, driven by record ETF inflows, policy risks to the Federal Reserve, and broadening sovereign adoption, according to Geoffrey Kendrick, head of digital assets research at Standard Chartered. In a July 2 research note, Kendrick forecasted that ETF inflows and corporate treasury purchases will […] The post StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds appeared first on CryptoSlate.

Canadian fintech Mogo announced on July 2 that its board had cleared up to $50 million for staged Bitcoin purchases as a long-term treasury reserve, prompting its shares to jump 140% at market opening on the Toronto Stock Exchange. MOGO closed July 1 priced at 1.74 Canadian dollars, worth roughly $1.28. It opened on July […] The post Canadian fintech Mogo’s $50M Bitcoin reserve plan ignites 140% share surge at market opening appeared first on CryptoSlate.

Bitcoin and Ethereum prices are showing signs of life, but for traders with high-risk appetites, an underdog meme coin is flashing bullish signs.

Bitcoin’s onchain and technical data suggest that the upside is not over for BTC price. Key takeaways: Bitcoin’s STH cost basis, MVRV data and other technical indicators suggest that BTC price is on track toward $117,000. Analysts suggest a breakout above $109,000-$110,000 could push BTC to fresh all-time highs. Read more

Bitcoin's bullish outlook strengthens as the US dollar drops 10.8% in its worst H1 performance since 1973. Key takeaways: Bitcoin could target $170K as global M2 money supply hits a record $55.48 trillion. BTC price historically lags M2 breakouts, with past patterns suggesting imminent upside. Read more

Bitcoin shorts are suddenly on the receiving end of punishment as a US employment data surprise injects fresh volatility into BTC price action. Key points: US private-sector jobs numbers declined more than 4% in June — the biggest drop since March 2023. Bitcoin sees relief, building on a rebound which has begun to trap late short positions. Read more

The GENIUS act will cement stablecoins as the basis of the global crypto economy. Can Bitcoin reach it’s full potential if that happens? Theres been an unprecedented tailwind in Washington DC this year for stablecoins. From the embrace of the assets by politicians and the industry to the GENIUS stablecoin legislation passing the Senate, 2025 marks an important turning point. Treasury Secretary Scott Bessent even tasked stablecoins with nothing less important than ensuring the greenback remains the worlds number one currency. As President Trump has directed, we are going to keep the U.S. the dominant reserve currency in the world, and we will use stablecoins to do that,” he said at the Digital Assets Summit in March. Which is why its almost bizarre to realize that stablecoins a descendant of Bitcoin a decentralized currency designed to level the playing field in a world of rigged centralized banking systems and overzealous governments. Stablecoins and Bitcoin would seem to have two irreconcilable aims the form...

Belgium’s KBC Bank plans to let retail customers invest in Bitcoin and Ether via its Bolero platform, pending regulatory approval later this year. Update (July 2 at 11:03 pm UTC): This article has been updated to include comments from KBC Bank. KBC Bank, one of Belgium’s largest financial institutions, is preparing to allow its customers to invest in cryptocurrencies through its Bolero subsidiary. Bolero, an online investment platform operated by KBC, will roll out access to Bitcoin (BTC) and Ether (ETH) investments on its platform later this year, KBC confirmed to Cointelegraph. Read more

Multiple onchain Bitcoin metrics suggest that traders are holding back from making any risk moves. Key takeaways: Over $342.2 million in ETF outflows on Tuesday and weaker futures activity show traders becoming more defensive. Bitcoin traders are watching $106,500 support and significant resistance at $109,000. Read more

The Bitcoin halving cycle is unlikely to hurt the BTC price in the second half of 2025 due to strong ETF and corporate buying, Standard Chartered forecasts. Global bank Standard Chartered is bullish on Bitcoin for the rest of the year, citing increasing corporate treasury buying and strong exchange-traded fund (ETF) inflows. Standard Chartered expects Bitcoin (BTC) to print new highs of $135,000 by the end of the third quarter and then break $200,000 by the end of the year, the bank’s digital asset research head, Geoff Kendrick, said in a Wednesday report shared with Cointelegraph. “Thanks to increased investor flows, we believe BTC has moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle,” Kendrick said, adding that the common halving trend would have led to price declines in September or October 2025. Read more

A long-time Bitcoin holder has finally cracked open one of the rarest physical Bitcoin collectibles in existence—a Casascius bar loaded with 100 BTC. The collector, who goes by the name John Galt on the Bitcoin Talk forum, originally bought the bar in 2012 for just $500. 13 years later, he redeemed it when the top […] The post Bitcoin holder unlocks $10 million from rare Casascius bar bought for $500 appeared first on CryptoSlate.

Figma’s initial public offering (IPO) prospectus reveals that the design software company holds approximately $69.5 million of the Bitwise Bitcoin ETF (BITB). According to a July 1 filing, a table lists the ETF under level-1 marketable securities at $69.533 million.  The document also stated that the board authorized a $55 million purchase on March 3, […] The post Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy appeared first on CryptoSlate.

Bitcoin (BTC) investors have kept their coins off exchanges in recent weeks, even as market-wide profitability climbed to levels that typically trigger distribution, according to a July 1 report from Glassnode. Bitcoin fell from $106,000 to $99,000 during last week’s Israel-Iran flare-up, but buyers defended the short-term holder cost basis at $98,300 and pushed the […] The post Bitcoin holders exhibit ‘diamond hands’ as unrealized profits swell past $1 trillion appeared first on CryptoSlate.