Bit Digital Shifts From Bitcoin Mining to Ethereum Strategy
TL;DR Bit Digital has officially exited Bitcoin mining to pursue a full-scale Ethereum-focused strategy. The company plans to sell its BTC holdings and redirect those funds into ETH…
Bitcoin
Latest Bitcoin news, market analysis and regulatory updates from The Cryptocurrency Post. Follow BTC price context, ETF developments, adoption trends, mining, security issues and key events shaping the largest crypto asset.
CryptoQuant Warns Bitcoin Could Slide to $92K as Demand Plummets
TL;DR On-chain demand has plunged almost 50% in 30 days—institutions slashed purchases and short-term holders offloaded 800k BTC, dragging the price to $104.7k. CryptoQuant…
K33 Moves to Strengthen Bitcoin Holdings With $9M Raise
TL;DR K33, a prominent Nordic player in the digital asset sector, has unveiled its plan to raise $9 million through a directed share issue…
Arizona Moves Forward With State Crypto Reserve Plan
TL;DR Arizona is pushing ahead in its effort to integrate cryptocurrency into state-level financial infrastructure. After a narrow 16-14 vote in the Senate, House…
Bitcoin ETFs in the U.S. Stay in the Green Despite Geopolitical Tensions
TL;DR Bitcoin ETFs in the U.S. posted $388.3M in inflows on June 18, marking eight consecutive days of net gains. BlackRock led the session…
Prenetics Bets $20 Million on Bitcoin and Aims to Lead the Convergence Between Healthcare and Blockchain
TL;DR Prenetics acquired 187.42 BTC for $20 million after selling ACT Genomics, boosting its total liquidity to $117 million in cash, BTC, and liquid…
Trader Loses Millions Amid Bitcoin Drop
TL;DR A trader on HyperLiquid turned an unrealized $10 million profit into a $2.5 million loss after a Bitcoin drop. AguilaTrades opened a long…
Strategy Buys $1B in Bitcoin Amid Middle East War Crisis
TL;DR Strategy bought 10,100 BTC for $1.000B after the price drop triggered by Israel’s attacks on Iranian nuclear facilities. With 592,100 BTC in reserves…
Whales Change Course Amid BTC’s Drop
TL;DR One of the most well-known Bitcoin whales, recognized in the community for its expertise and discretion, decided to exit its long position in…
Bitcoin Price Report: Global Tensions Spark Spot Market Outflows
TL;DR Geopolitical jitters have triggered significant spot market outflows, as investors pull back from riskier assets. Technical indicators show Bitcoin trading around $104,000 with…
Silent Tension in Bitcoin’s Price
TL;DR Bitcoin is currently priced at $107,481.14, showing a 2.55% drop over the past 24 hours, despite a positive performance in the previous week.…