Bitcoin | Crypto

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, 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 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

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

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

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 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.

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

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 (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.

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.

Bitcoin’s correlation to stocks and uncertainty about the future of the US economy could cap BTC price gains below $110,000. Key takeaway: Bitcoin price gains above $110,000 could be capped by BTC’s correlation to stocks and US recession fears.  Bitcoin (BTC) rose 3.5% between June 7 and June 9, approaching the $108,500 mark. Despite this recent uptick, professional traders remain notably cautious, as reflected in BTC derivatives metrics. Broader macroeconomic tensions persist, and Bitcoin continues to show a strong correlation with the stock market, limiting its short-term upside potential. Read more

An uptick in long-term Bitcoin holders and BTC’s start-of-week price break above $108,000 could be a sign that new highs are in order. Key takeaways: Bitcoin’s Doji candle and a bullish chart fractal hint at a rally to $120,000. Bitcoin HODLers are absorbing freshly sold BTC, a historically bullish sign for its price. Read more

The Paraguayan government made an official statement that President Santiago Peña’s verified X account was hacked and published an unauthorized declaration that Bitcoin (BTC) would be made legal tender on June 9. The post also included a false plan to establish a Bitcoin treasury and add $5 million in BTC. The compromised account displayed an image […] The post Paraguay’s presidency swiftly debunks Bitcoin legal tender hoax, confirms X account hack appeared first on CryptoSlate.

Tether is building a gateway for new players to enter Bitcoin mining by releasing its Bitcoin Mining OS (MOS) as open-source software by the end of 2025, according to CEO Paolo Ardoino. In a June 9 post on X, Ardoino explained that the move will lower barriers for small and independent miners. Tether expects to […] The post Tether to democratize Bitcoin mining with open-source software debut appeared first on CryptoSlate.

A poorly received 20-year bond auction caused Bitcoin’s price to suddenly drop last month.

Strategy has acquired an additional 1,045 Bitcoin (BTC) $110.2 million, according to a June 9 filing with the US Securities and Exchange Commission. The purchase occurred between June 2 and June 8 at an average price of $105,426 per coin. Strategy’s total Bitcoin stash now amounts to 582,000 BTC. The company’s average price now stands […] The post Strategy buys another 1,045 Bitcoin to push its stash to nearly 3% of supply appeared first on CryptoSlate.

Analysts say Bitcoin could break its all-time high within one to two weeks, following breakout patterns seen recently in gold and the S&P 500. Key takeaways: A newly created whale wallet opened a $54.5M 20x long position on Bitcoin at $106,538. Bitcoin nears $108,000 as US-China trade talks and bullish equity forecasts lift market sentiment. Read more

The USDt issuer plans to launch its open-source project by the fourth quarter of 2025, according to CEO Paolo Ardoino. Stablecoin issuer Tether plans to open-source its Bitcoin mining software, a move the company said would allow new miners to enter the market without relying on expensive third-party vendors. By open-sourcing its Bitcoin Mining OS (MOS), “A horde of new Bitcoin mining companies will be able to enter the game and compete to keep the network safe,” Tether CEO Paolo Ardoino said in a Monday X post.  Ardoino described MOS as scalable and modular, “built with a peer-to-peer [Internet of Things] architecture at its core.”  Read more

Despite market volatility and evolving investment tools, hodling remains the go-to strategy for Bitcoin believers in 2025. Hodling crypto means holding onto cryptocurrency long-term instead of selling, regardless of market volatility. In 2013, a late-night forum post on Bitcointalk was titled “I AM HODLING.”  Read more