Bitcoin miners have yet to display any major signs of capitulation, with on-chain data consistently indicating a positive outlook, according to analysts at Bitfinex Alpha in a recent research report. Despite ongoing macroeconomic challenges and a 32% decline from Bitcoin's all-time high in 2024, analysts observed that miner reserves have ...
Florida has officially scrapped its plans to establish a Strategic Bitcoin Reserve, bringing an abrupt halt to legislative efforts that would have permitted the state to invest public funds in Bitcoin. The Florida Senate marked both House Bill 487 and Senate Bill 550 as “indefinitely postponed and withdrawn from consideration,” ...
Riot Platforms announced that it sold 475 BTC in April, generating $38.8 million in proceeds. This marked the largest single-month Bitcoin liquidation in the company’s history, as revealed in Riot’s monthly production and operations update. Of the 475 BTC sold, 463 were newly mined during April, with the remaining 12 ...
India’s Supreme Court has raised serious concerns over the country’s lack of oversight in Bitcoin trading, drawing comparisons between unregulated crypto transactions and a sophisticated form of Hawala. The observation came during a recent bail hearing in a crypto-related case, as reported by local media outlets. The bench, comprising Justices ...
CoolBitX has officially launched the CoolWallet Go, a new cold wallet designed to cater to beginner and seasoned cryptocurrency users. This wallet is ideal for new users transitioning from exchanges or hot wallets and experienced holders looking for a compact, secure daily-use backup. The CoolWallet Go features a sleek and ...
The Bank of Italy has raised fresh concerns over the growing influence of Bitcoin and other digital assets on the financial system, warning that their rising integration with the broader economy poses new risks for investors and systemic stability. In its April 2025 Financial Stability Report, the central bank underscored ...
El Salvador is pressing ahead with its Bitcoin strategy, continuing to accumulate the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that calls for reduced crypto purchases. Economy Minister Maria Luisa Hayem confirmed to Bloomberg that the country's Bitcoin Office remains active in acquiring BTC, ...
Bitcoin rebounded sharply last week, buoyed by optimistic trade comments from U.S. President Donald Trump. According to the latest crypto derivatives report from Bybit and Block Scholes, the upbeat tone on China-U.S. trade negotiations triggered a rally across both crypto and traditional equity markets. Following these remarks, Bitcoin surged over ...
Bitcoin’s price action over the past week has been marked by sharp swings and heightened market attention. As of April 25, 2025, Bitcoin is trading above $93,800, reflecting a 1.60 percent gain in the last 24 hours and an impressive 11.09% increase over the past seven days. This market update ...
On-chain analytics firm Santiment has noted a significant increase in FOMO (fear of missing out) among smaller Bitcoin traders following the cryptocurrency’s recent price rally. In an April 25 update on X, Santiment observed that such crowd behaviour is commonly seen near local market peaks. While the firm acknowledged the ...
