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The Latest Breaking News from Bitcoin

Bitcoin Dominance Level Reaches Highest Point Since April 2021, Surpassing 50%

On Tuesday, the price of the world’s largest cryptocurrency surged to $31,371, driven by heightened optimism.‌

Zenger

China’s Leading Central Bank Official Critical Of Cryptocurrencies Appointed To Top Position

Pan Gongsheng, known for his skepticism towards Bitcoin and other cryptocurrencies, to head People's Bank of China

Zenger

How High Can Coinbase Stock Rise?

Coinbase stock has more than doubled in 2023, but shares are still down 78% from all-time highs. Let's see how high COIN stock can rise in 2023.

Barchart

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Blockchain to the moon! Crypto companies’ outer space plans are less silly than you think

A small set of crypto companies want to bring blockchain to the next great frontier.

Fortune

BlackRock Resubmits Bitcoin ETF Application, Crypto Market Surges

New filing includes information that Coinbase will offer market surveillance to support the ETF, says Bloomberg.

Zenger

SEC tightens rules for cryptocurrency trading

The Securities and Exchange Commission (SEC) is tightening rules for cryptocurrency trading to increase investor protection, demanding digital asset operators include risk disclosure in their advertisements and prohibiting them from providing services or supporting deposit taking and lending.

Bangkok Post

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SIT formed to probe Bitcoin scam dating back to previous BJP regime

The Karnataka government on Monday constituted a Special Investigation Team (SIT) to reopen and probe an alleged Bitcoin scam that had surfaced during the previous BJP regime.

The Hindu

Miner Pivots 38,000 GPUs From Crypto to AI

Some cryptomining businesses, including Hive, are pivoting their considerable GPU resources to AI for new revenue streams.

Tom’s Hardware

SEC likely to change its tune on spot Bitcoin ETF, according to Bernstein

The regulator has received applications to create a spot Bitcoin ETF from several TradFi players including Fidelity and BlackRock.

Fortune

Better Beer Is Going Full Wonka & Stashing Bitcoin In Cases Of Beer If You Wanna Go Hunting

Hold my beer.

Pedestrian.tv

Former Twitter CEO Jack Dorsey Critiques Elon Musk’s Decisions On Platform Management

Dorsey suggests building on censorship-resistant open protocols like Bitcoin to preserve the open internet.

Zenger

The dramatic resurgence of Bitcoin is the biggest surprise of the year

Business & investing: There's a mixed scorecard for the markets at the halfway point of the year, but the world’s most popular cryptocurrency is powering higher thanks to renewed interest by some of the world’s largest investment funds. Andrew Patterson reports.

Newsroom.co.nz

Institutional Investors Embrace Bitcoin As FOMO Takes Hold

BlackRock, Deutsche Bank, Santander, and others reverse cautious stance, signaling a shift in the financial landscape.

Zenger

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Bangkok Post

Shares rise on hopes for stimulus in China

RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.

Barchart

Ethereum- Why is the Second-Leading Crypto Underperforming Bitcoin?

Bitcoin and Ethereum are the leading cryptocurrencies, with over 69% of the asset classes’ market cap. Since mid-June, Bitcoin has taken off on the upside, reaching a new high for 2023. However, Ethereum has lagged behind the top cryptocurrency.

Zenger

Fidelity’s Bitcoin ETF Rejection Sparks Chicago Exchange’s Proposal

CBOE seeks to list Wise Origin Bitcoin Trust shares as demand for crypto exposure grows.

Fortune

Bitcoin slumps below $30,000 after SEC says new ETF filings by BlackRock and others are ‘inadequate’

The SEC's position is the first publicly reported statement from the agency in regards to the current rush of Bitcoin spot ETF applications.

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The Hindu

Here are the big stories from Karnataka today

Karnataka Today newsletter: Bengaluru bizman loses ₹52 lakh to Bitcoin fraud, and more

Fortune

Fidelity refiles for a Bitcoin spot ETF, mimicking structure of BlackRock filing

The assets manager joins a line of other firms that have refiled or updated ETF applications after BlackRock waded into the fray.

Fortune

Inside Israel’s historic seizure of Hezbollah and Quds-linked crypto accounts

How Israel’s counterterrorism unit worked with Binance and Chainalysis to seize $1.7 million of crypto financing.

Fortune

Bitcoin regains $30,000 despite Biden saying he wants to close the tax loophole

Biden previously tweeted that the loophole was costing the government $18 billion in lost tax revenue.

Reason

RFK Jr.: The Reason Interview

RFK Jr. on libertarianism, Tulsi Gabbard, conspiracy theories, drugs, guns, free speech, and more

Zenger

Democratic Presidential Candidate Robert F. Kennedy Jr May Not Back Biden If Defeated In Primary

"My plan is to win this election, and I don't have a plan B," the prominent anti-vaccine advocate says.

Reason

Can Grandmas Be Bitcoin Cypherpunks? Q&A With Jameson Lopp

The enigmatic privacy obsessive is fighting to keep the cypherpunk dream alive.

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