Bitcoin | Crypto

BTC price strength returns as US inflation cools beyond expectations, hitting dollar strength again — and new BTC price all-time highs are on the table. Key points: Bitcoin hits its anticipated $107,000 low before heading higher as US inflation data boosts bulls. US dollar strength suffers as inflation continues to slow beyond expectations. Read more

Bitcoin dips to $107K after inflation data triggers a “sell the news” move—but Ethereum shows stronger technical momentum above key support.

Bitcoin adoption may benefit from continued global uncertainty until a trade agreement between the world’s two largest economies is finalized. Bitcoin’s institutional adoption is seeing a new wave of corporate investments, which stand to benefit from more global uncertainty before a trade agreement is finalized or a controversial US spending bill is passed. US President Donald Trump is pushing forward the “One Big Beautiful Bill Act,” which he says would cut as much as $1.6 trillion in federal spending. “The great, big, beautiful bill will grow the economy like it has never grown before,” Trump wrote in a Truth Social post on Thursday. “It puts put our country on the right track, plus!” Read more

Mercurity’s $800 million Bitcoin treasury financing plan would make the firm the 11th-largest corporate Bitcoin holder after Galaxy Digital. Mercurity Fintech Holding, a Nasdaq-listed digital fintech group building blockchain-based payment infrastructure, plans to raise $800 million to establish a Bitcoin treasury reserve as more companies adopt the cryptocurrency for strategic purposes. Mercurity plans to raise $800 million to establish a “long-term” Bitcoin (BTC) treasury reserve, which will be integrated in its digital reserve framework through blockchain-native custody, staking integrations and tokenized treasury management services, the company said in a Wednesday announcement. Mercurity said it will transition a portion of its treasury into a “yield-generating, blockchain-aligned reserve structure that reinforces long-duration asset exposure and balance sheet resilience.” Read more

BTC price requirements are clear as consolidation below all-time highs continues. Can Bitcoin bulls stick to the plan and avoid falling back below $100,000? Key points: Bitcoin and crypto markets stalled despite positive inflation data thanks to the US keeping tariffs on China, analysis says. $100,000 and the 2025 yearly open are key support levels going forward. Read more

Bitwise CIO Matt Hougan said the “megatrend” of public companies adding Bitcoin (BTC) to treasury reserves will continue accelerating as the movement is still in its early stages. Hougan made the statement during a June 10 interview on CNBC, where he highlighted that 79 listed firms now hold roughly $57 billion worth of Bitcoin as of […] The post Bitwise CIO calls Bitcoin ‘best horse in the race’ to explain accelerated corporate buys appeared first on CryptoSlate.

GameStop Corp. plans to raise $1.75 billion through a private offering of convertible senior notes due 2032, as the company explores digital asset investments, including potential Bitcoin acquisitions, under its updated investment strategy, according to a June 11 press release. The zero-coupon notes will be offered to qualified institutional buyers under Rule 144A of the […] The post GameStop’s plan to raise another $1.75B fuels speculation of further Bitcoin acquisitions appeared first on CryptoSlate.

Distorted price signals from fiat currencies have destroyed the ability to make rational economic calculations, according to Truth for the Commoner founder Marty Bent. Truth for the Commoner (TFTC), a media company that advocates for Bitcoin and sound money principles via a newsletter and podcast, launched the “Opportunity Cost” browser extension on Wednesday, allowing users to view online prices in Bitcoin (BTC) or sats to weigh purchasing decisions. TFTC founder and contributor Marty Bent outlined three main goals of the extension, including promoting low time preference behavior — a reference to a willingness to defer present consumption to meet future needs — increasing Bitcoin adoption and providing a tool for business owners to calculate revenue denominated in BTC. Bent told Cointelegraph: “Bitcoin reintroduces a proper hurdle rate that enables individuals to truly weigh the opportunity cost of their spending decisions,” the TFTC founder said. The software is open-source and has no revenue model. A hurd...

Bitcoin's recent rally occurred as funding rates turned negative, and BTC held on exchanges and OTC desks shrank. Key takeaways: Bitcoin onchain data shows a steady depletion of exchange and OTC balances, pointing to long-term accumulation and tightening supply. With BTC open interest near record highs and liquidity drying up, the market is tightly coiled, raising the probability of a sharp move. Read more

Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US […] The post Bitcoin dips as Trump finalizes tariff deals with China appeared first on CryptoSlate.

Bitcoin technical charts and encouraging US macroeconomic data could trigger a rally to $115,000. Key takeaways: Bitcoin investor sentiment hits a seven-month high, with a bullish pennant forecasting a rally to $115,000. Wednesday’s CPI print and the chance for a lower-than-expected PPI on Thursday could drive BTC price higher. Read more

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

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.

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

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 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...

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.

Bitcoin bull Michael Saylor of Strategy (MSTR) dismissed quantum computing risks to BTC, calling the threat overblown and manageable.

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.

Core 30 will relay larger OP_RETURN transactions by default, making Bitcoin more open to non-monetary data use cases.