The Latest Breaking News from Bitcoin

Donations to abortion rights groups in the United States have surged

Bitcoin - the largest and best-known cryptocurrency - was born from a rising distrust of government and financial institutions after the global financial crisis of 2008.

What happened: A Bitcoin (CRYPTO: BTC) whale just sent $70,911,489 worth of Bitcoin off Coinbase. The BTC address associated with this transaction has been identified as: 1JFTLk4hAFw3b8gdE7iwBFddrg2AMczXY2.

The Biden administration's move to ease some sanctions on Cuba are being met with some confusion and caution by people on the island

Global and crypto markets rallied yesterday, before Bitcoin (CRYPTO: BTC) plunged and decoupled from equities in the opposite direction to which crypto bulls would like. Snapchat fell 28% after earnings yesterday, causing additional panic in the markets leading to the Nasdaq, in particular, selling off.

Dogecoin (CRYPTO: DOGE) traded 3.2% lower at $0.08 over 24 hours leading up to early Tuesday morning. DOGE traded lower in tandem with other major coins as the global cryptocurrency market cap slipped 3.4% to $1.3 trillion at press time.

Bitcoin Gold (BTG), a knockoff of Bitcoin (CRYPTO: BTC) soared nearly 24% intraday even amid plunging valuations of the two-largest coins by market cap.  

Bitcoin and Ethereum lost ground at press time on Monday evening, as both coins failed to breach their key levels amid diminishing returns, with the global cryptocurrency market cap falling 3% to $1.25 trillion.

If there’s one word that describes Bitcoin and cryptocurrency, it’s volatile. Crypto prices soar and then seem to crash almost as quickly, while rumors, sentiment and fundamental developments are quickly factored into the market. Even seemingly reliable stablecoin TerraUSD has plunged as concerns quickly developed about its solvency, and the…