The Latest Breaking News from Alex Thorn

Why is Bitcoin up today? BTC price surges above $85,000 in biggest move since January as $648 million shorts unwind, Ethereum and XRP rally

Bitcoin Price Today News: Bitcoin price is back above $85,000. It is Bitcoin’s strongest move since January, with traders returning to the market after weeks of pressure. The rally has a clear derivatives story behind it. About $648 million in crypto short positions were liquidated as BTC moved higher. Traders…

The Economic Times · Sep 21

Bitcoin is trading more like an ‘amplified version of gold’ again, but the four-year cycle theory threatens further declines

Some analysts warn the four-year cycle set to complete later this year could bring another slide.

Fortune · Sep 4

Bitcoin's $88M ColdCard Hack Isn't Over: Experts Warn All Vulnerable Wallets Will Eventually Be Drained

Bitcoin thefts from compromised Coldcard wallets are still ongoing, Galaxy Research warns, urging users to move funds after a 2021 firmware flaw.

International Business Times UK · Aug 3

Fed Prices Eggs With Bitcoin To Show Instability Against US Dollar

The U.S. Federal Reserve published a blog pricing eggs with Bitcoin (CRYPTO: BTC) to demonstrate the 14-month volatility of the leading digital asset against the U.S. dollar.

Benzinga · Jun 7, 2022