Bitcoin News

Arthur Hayes warned about a potential decline to $70,000 for Bitcoin as large-scale ETF outflows could accelerate the downtrend. [og_img] 2025-02-25 10:28:09

Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. https://static.news.bitcoin.com/wp-content/uploads/2025/02/tabtc.png 2025-02-24 22:10:44

12h05 ▪ 6 min read ▪ by Nicolas T. The giant Fidelity has published an optimistic report on the Lightning Network, a network that enables instant and nearly free bitcoin transactions. What is the Lightning Network? It is a secondary network anchored to the Bitcoin network that increases transaction throughput and payment privacy. The Lightning…

The long-standing debate over the differences between XRP and Bitcoin took center stage again as Ripple’s Chief Technology Officer, David Schwartz, dismissed comparisons that rely on misleading supply metrics. His remarks came in response to claims that Bitcoin’s scarcity gives it an edge over XRP, fueling a larger discussion about how cryptocurrencies should be evaluated….

February 24, 2025 07:07:08 UTC Infini Hack: $50M USDC Stolen in Major Security Breach Hong Kong-based digital bank Infini suffered a breach, losing nearly $50 million in USDC. The hacker exploited a single private key, stealing USDC in two batches, swapping it for DAI, then converting to ETH via Tornado Cash. Notably, the attacker was…

Montana’s attempt to invest public funds in Bitcoin was thwarted on Friday when a piece of legislation failed to gain approval in the House of Representatives.  House Bill 429, introduced earlier this month by Representative Curtis Schomer, sought to create a special revenue account allowing up to $50 million to be allocated for crypto, stablecoins,…

Spot Bitcoin exchange-traded fund investors have primarily been using the vehicle for arbitrage strategies, with just 44% of inflows tied to long-term investments, according to a crypto research firm. Spot Bitcoin ETFs in the United States have attracted around $39 billion in net inflows since their January 2024 launch. However, only $17.5 billion, less than…

North Korean hackers have started laundering stolen Bybit funds, with blockchain intelligence firm Elliptic tracking over $140 million in initial transactions designed to obscure the money trail. The stolen funds are being systematically moved through anonymous exchanges before being converted to Bitcoin, a process that makes it harder to trace and recover the assets, the…