Bitcoin price action, ETF flows, mining, Lightning, and protocol development. 639 stories curated by CryptoCatalyst.
Bitcoin is testing a crucial support level between $58,000 and $60,000 for the third time. If it breaks below this range, it could trigger a deeper decline in the market, though some investors view the volatility as an opportunity to buy.
Strategy's flagship preferred stock STRC hit a new record low as U.S. markets opened, with Bitcoin lingering below $60,000. CEO Michael Saylor acknowledged the 'volatility test' but remained optimistic about Bitcoin's long-term potential.
Senior Bitcoin developer Matt Corallo is urging Bitcoin projects to leave GitHub following a ban on the Rust Lightning implementation. Citing broken merge scripts, hidden diffs, and unreliable tracking, developers recommend migrating to self-hosted Forgejo solutions, with Andrew Poelstra among those raising concerns.
Trezor Academy released a documentary showcasing Bitcoin adoption in Africa and launched a donation program to fund Bitcoin education initiatives in the Global South. The initiative aims to empower communities through financial literacy and access to decentralized finance.
Nearly 50,000 BTC were transferred to exchanges at a loss, signaling potential selling pressure. Short-term Bitcoin holders are under significant stress, raising concerns about further price declines.
Strategy's market capitalization has fallen below the value of its bitcoin holdings, marking a sharp reversal from years when the company traded at a premium. This shift removes a key source of capital-raising flexibility that Michael Saylor had exploited.
Bitcoin's price fell to around $59,400 after $691 million was pulled from spot ETFs, the largest outflow since May. This comes ahead of a significant $10.6 billion options expiry on Friday, which could further impact prices.
Strategy’s $13 billion paper loss on Bitcoin exceeds the market caps of hundreds of tokens, including Chainlink and Polygon, highlighting extreme concentration of risk in the crypto market.
Bitcoin touched its lowest level since September 2024 before rebounding to $59,770, while ETH slipped further and another $1 billion in futures positions were wiped out.
Bitcoin fell to the low $60,000s ahead of a $10.6B June 26 quarterly expiry as $469M in ETF outflows and negative gamma weigh on sentiment.
DMND mining pool and GoMining mined the first known Bitcoin block using Stratum V2's Job Declaration feature, allowing a miner—not the pool—to select transactions and build its own block template, a milestone for decentralizing transaction control in Bitcoin mining.
Bitcoin has surged back above $60,000 for the second time after briefly dipping to $59,300, reinforcing the strength of this price level. If it closes the day above $60k, it could signal continued bullish momentum.
A massive $8.6 billion in Bitcoin options bets are expiring this Friday, marking the largest single expiry of bullish wagers this year. The event could cause volatility depending on whether Bitcoin's price meets the strike prices of those call options.
An estimated 20% of miners are now unprofitable at current prices, and the stress shows up at the network level, too.
Bitcoin ETP holdings are down 8% from their peak, the largest drawdown on record, according to Head of Research Vetle Lunde at K33. Rolling one-year flows have turned negative for the first time since 2023.
BlackRock, the world's largest asset manager, recommends a 1–2% Bitcoin allocation in diversified portfolios, arguing it can enhance returns while maintaining manageable risk.
The Trump administration is allocating significant resources to quantum security, which could help protect Bitcoin from future quantum computing threats. Millions of bitcoins with exposed public addresses are potentially at risk from quantum attacks.
Bitcoin transactions have spiked to over 820,000 in a single day, the highest since 2024, driven by increased activity on the Rune protocol. This surge is also boosting transaction fees, benefiting miners and the network's security.
OG Bitcoin holders' spending dropped to a 19-month low, as market cycle indicators point to September as a potential market bottom.
President Donald Trump signed two executive orders aimed at expanding U.S. quantum computing capabilities and speeding the transition to quantum-resistant encryption, which could impact Bitcoin's long-term security.
X (formerly Twitter) is adding support for Bitcoin payments via the Lightning Network. This move could make it easier for users to send and receive Bitcoin directly on the platform.
Bitcoin developers want to remove a feature that allows users to speed up stuck transactions, as it has become a privacy risk. This change could make transactions harder to track but might also complicate fee management for users.
JPMorgan reports that more Bitcoin miners are operating near breakeven levels, making the network's hashrate and mining difficulty more reactive to Bitcoin's price changes. This increased sensitivity could lead to more volatility in the mining sector.
Bitcoin has lost nearly half its value in 11 months, forcing investors to question their long-term strategies and the fundamental reasons for holding the cryptocurrency. The decline has sparked discussions about Bitcoin's role as a store of value and hedge against inflation.