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Bitcoin News / Bitcoin.com - 2 months ago

Bitcoin Trades Near $61,300 After Worst Week Since FTX Collapse Wipes $390 Billion From Crypto

Bitcoin has recorded its worst weekly performance since the 2022 FTX collapse, sliding below $60,000 in a rout that erased roughly $390 billion in crypto market value. A Drawdown Not Seen Since 2022 Bitcoin closed out one of its ugliest stretches in...

Bitcoin News / Bitcoinist - 2 months ago

BREAKING – Bitcoin Drops As Trump Orders Retaliatory Strikes On Iran

Iran’s deputy foreign minister pushed back on Monday, saying Tehran had nothing to do with deliberately bringing down the American helicopter, suggesting what happened could have been an unintended consequence of heightened tensions in the regi...

Bitcoin News / Bitcoin.com - 2 months ago

Wintermute Warns Bitcoin Bottom Is Unclear With ETF Outflows Near $3B

Wintermute said bitcoin’s latest decline was driven mainly by U.S. institutional selling and ETF outflows, not Strategy’s small BTC sale. The firm warned that capital inflows have not returned, making it too early to call a market bottom. Wintermute...

Bitcoin News / Bitcoinist - 2 months ago

BlackRock Warns Bitcoin And Ethereum Investors About Quantum Computing

BlackRock has entered the quantum-computing debate with a new report warning that future breakthroughs could eventually threaten the cryptography securing Bitcoin, Ethereum and much of the broader digital-asset market. The firm’s central message is n...