Bitcoin News

Capital is flowing into short bitcoin (BTC) funds at a record rate, while regular long bitcoin funds continue to see outflows.

Bitcoin price declined heavily below the USD 19,500 support. BTC even settled below the USD 19,000 level. It is currently (11:20 UTC) consolidating losses above the USD 18,500 level.

A number of countries are considering using volcanoes to generate electricity, potentially providing cheaper and greener energy to local crypto mining operations. In Latin America and the Caribbean alone, some 3,000 volcanoes could be used for this purpose.

Seeking to bring what the company describes as "the modern digital banking experience" to the cryptosphere, crypto finance protocol NearPay has launched virtual crypto cards and its wallet for iOS and Android.

More than half of global crypto derivatives industry representatives say they expect to see a more severe approach by the world’s regulatory agencies as a result of the recent decreases in the prices of cryptoassets – but a decisive majority of the surveyed experts argue that bitcoin (BTC) will again reach the level above USD 65,000, according to a report by market intelligence provider Acuiti.

The Adidas brand Adidas Originals has announced it has made a foray into the world of crypto – with a purposely obscure tweet about a partnership with the American exchange heavyweight Coinbase.

Twitter-backed project Blueksy announced that a new and Twitter-independent entity is in the works, while Square is expanding their hardware wallet team.

Ex-CEO of Twitter Jack Dorsey's mobile payment service Cash App has integrated Bitcoin (BTC) Lightning Network, a layer 2 scaling solution on top of the Bitcoin network designed to tackle the flagship cryptocurrency’s scalability issues.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

The man known to many of his detractors as “Faketoshi” – the Australian computer scientist Craig Wright – has been celebrating victory after he was forced to pay USD 100m in damages by a jury in Miami. His 'win' has been questioned by the wider crypto community and some legal professionals, as well as denied by the plaintiff's lawyers – who also claim victory.