Iran wants stablecoins instead of Bitcoin for collecting tolls in the Strait of Hormuz, according to officials who spoke Monday. The move comes as Tehran tries to dodge Bitcoin's wild price swings while keeping revenue steady in one of the world's busiest shipping lanes.
In the past week, the Bitcoin market rose by almost 10%, representing a significant rally amid recent bearish struggles. Notably, the leading cryptocurrency has now reclaimed the $73,000 price zone for the first time since mid-March, translating to a mild bullish undertone for most investors.
The U.S. government moved roughly 2.44 bitcoin, valued at more than $177,000, from seized proceeds linked to a federal steroid trafficking and money laundering case to a Coinbase Prime institutional custody address on Friday. Key Takeaways: The U.S. government sent approximately 2.
The number of Bitcoin millionaires has significantly dropped amid the BTC downtrend since the start of the year. This comes as long-term holders (LTHs) remain underwater, with BTC well below its current all-time high (ATH) of $126,000.
Bitcoin tightens as selling fades and demand returns, leaving price sensitive to small inflows near resistance.
Bitcoin might trade around the clock, but its liquidity doesn't anymore. The asset that was supposed to become more resilient after absorbing billions in institutional capital through ETFs has instead developed a split personality, one that looks deep and orderly during New York trading hours and considerably more fragile once Wall Street's desks go dark.
Quantum computers could one day break the encryption that defends most cryptocurrencies, including Bitcoin. Zcash is probably going to adapt to that emerging threat a bit faster than Bitcoin will.
US government moved 2.438 BTC to Coinbase Prime from wallets linked by Arkham to an alleged steroid distribution case.
David Schwartz says Satoshi's real mystery is likely lost Bitcoin keys, arguing no one alive probably controls the dormant 1 million BTC stash.
Bitcoin nears $72K, but conviction is weak as traders await Friday's US CPI and weekend US-Iran talks that could lift risk appetite or revive hedging.
A closely watched on-chain metric suggests that Bitcoin may still have one final leg lower before the current cycle bottoms.
The Bitcoin market could be facing another crucial event that would bolster its long-term integrity. This is highlighted in a recent evaluation of Japan's Financial Instruments and Exchange Act (FIEA) reforms, which suggests a major impact on Bitcoin may come not from an increase in investor count, but from how its participant base evolves.