Bitcoin | Crypto

Mexican billionaire Ricardo Salinas has renewed his warning about the global fiat money system, urging ordinary people to sell their homes, buy Bitcoin (BTC) and gold, and brace for what he calls the collapse of fiat currencies. Speaking on Robert Breedlove’s “What is Money?” podcast, Salinas said real estate is no match for Bitcoin’s scarcity […] The post Mexican billionaire says sell your home, buy Bitcoin as fiat nears collapse appeared first on CryptoSlate.

While it’s not built for real-time calls, ChatGPT can still support smarter Bitcoin trading decisions when paired with the right data and well-crafted prompts. ChatGPT is a generative AI model developed by OpenAI, built on the GPT‑4 architecture. It’s designed to generate human-like responses across a wide range of topics, using knowledge drawn from an enormous training set of text, books, code and online content. When it comes to cryptocurrency, ChatGPT doesn’t have real-time access to Bitcoin (BTC) price feeds or live market charts, but that doesn’t mean it’s useless for traders. With the right inputs — historical price data, sentiment indicators and technical metrics — ChatGPT becomes a powerful analytical tool.  Read more

Bitcoin is the subject of rumors as wallets holding 80,000 BTC suddenly reactivate after a 14-year hiatus. Key points: Bitcoin price losses near 2% on the day as 14-year-old coins suddenly move onchain. Explanations include an unsubstantiated claim linking the BTC wallets involved to creator Satoshi Nakamoto. Read more

While the broader crypto market remains subdued, with both Bitcoin and Ethereum posting slight losses, a select group of altcoins have defied the trend, registering substantial gains over the last 24 hours. These market-defying rallies appear disconnected from general market sentiment, instead fueled by project-specific catalysts, including major exchange listings, deflationary tokenomics, and strategic partnerships. […] The post Why a handful of altcoins are surging over 30% as Bitcoin trends sideways appeared first on CryptoSlate.

Congress passed the Big Beautiful Bill, Trump’s budget proposal, which could benefit Bitcoin, analysts say. On July 3, the US Congress passed into law the One Big Beautiful Bill Act. President Donald Trump’s bill offers little to the crypto industry, but it could benefit Bitcoin all the same. Trump’s budget proposal passed in the late hours of July 3 entirely along partisan lines; only two Republicans voted against the controversial bill, which will significantly increase the US government’s borrowing ability. It has drawn significant criticism from Democrats and even from current and former Trump allies like Tesla CEO Elon Musk.  Notably absent from the bill were proposed amendments to the cryptocurrency tax code. As the bill worked through the Senate, lawmakers attempted to tack on a number of provisions regarding crypto, but to no avail. Read more

Bitcoin whales awoke after 14 years of dormancy, having held their BTC since it was trading below $0.78 a coin in 2011. Bitcoin whales have reawakened after 14 years of patiently holding the world’s first and largest cryptocurrency, transferring billions of dollars in value. A Bitcoin wallet “12tLs” transferred 10,000 Bitcoin (BTC) worth over $1 billion after 14 years of holding the assets on Thursday. The mysterious whale initially received the 10,000 BTC on April 3, 2011, when Bitcoin traded for about $0.78 a coin, according to blockchain data shared by Lookonchain in a Friday X post. Read more

Bitcoin price rally stalls at $110,000 after strong US employment data, with big overhead resistance at $112,000 and several key support levels below. Key takeaways: Bitcoin’s multiple rejections from $110,000 signal the bulls’ inability to sustain higher prices. BTC price may drop as low as $105,000 in the short term if key levels are lost. Read more

Bitcoin has historically posted double-digit gains in the weeks following the passage of major US debt-expanding bills. Will 2025 follow the same pattern? Key points: Bitcoin gained 38% when US President Trump signed a major spending bill in late 2020. Doing so again would put BTC/USD at $150,000 as Trump prepares to sign his “Big Beautiful Bill” into law. Read more

Two major Russian insurance firms, Renaissance Life and BCS Life Insurance, have launched investment life insurance policies (ILIPs) linked to Bitcoin, according to a July 2 local media report. According to the report, the innovative policies allow investors to gain exposure to BlackRock’s iShares Bitcoin Trust (IBIT), the largest Bitcoin ETF by assets under management. […] The post Russian insurance firms unveil investment life policies tied to Bitcoin appeared first on CryptoSlate.

BlackRock’s spot Bitcoin exchange-traded fund IBIT has become the asset manager’s third-highest revenue-generating ETF just 18 months after its launch, according to data shared by Bloomberg senior ETF analyst Eric Balchunas. Strategy Chairman Michael Saylor responded to the milestone by predicting that IBIT will soon become BlackRock’s number one revenue-generating ETF. The IBIT fund has […] The post BlackRock’s Bitcoin ETF rapidly climbs to third in revenue, nears top spot appeared first on CryptoSlate.

June US employment data exceeded forecasts and sets a macro backdrop that could send Bitcoin (BTC) past $200,000, according to a research note from Matt Mena, crypto research strategist at 21Shares. The Labor Department reported that non-farm payrolls increased by 147,000 in June, surpassing the consensus estimate of 110,000, while the unemployment rate fell to […] The post 21Shares says June payroll surprise sets soft-landing stage that could catalyze Bitcoin beyond $200k appeared first on CryptoSlate.

Circle’s stock (CRCL) has dramatically outperformed Bitcoin since its June 5 listing on the New York Stock Exchange. According to data shared by former BitMEX CEO Arthur Hayes, CRCL has surged nearly 472% relative to Bitcoin when indexed to its IPO date. The rally comes as Circle’s share price jumped from its $31 IPO price […] The post Circle stock outpaces Bitcoin with 472% growth since June IPO appeared first on CryptoSlate.

Bitcoin charts show bearish divergences across multiple timeframes, a hint that price rallies above $110,000 could be a trap. Key takeaways: Bitcoin shows bearish divergences on multiple time frames, signaling weak bullish momentum and a potential pullback. Some traders anticipate a rally above $112,000, but increasing sell pressure and liquidity sweeps suggest the breakouts are traps. Read more

Stablecoin issuer Tether has signed a Memorandum of Understanding (MoU) with Adecoagro S.A. to explore a strategic collaboration centered on renewable-powered Bitcoin mining, according to a July 3 statement. Adecoagro, one of South America’s leading producers of sustainable agricultural goods and energy, is evaluating how its more than 230 MW of renewable energy capacity can […] The post Tether and Adecoagro join forces on renewable-powered Bitcoin mining venture appeared first on CryptoSlate.

Bitcoin bulls will have to maintain the price above $109,000 to enhance the prospects of a breakout to a new all-time high above $111,980. Key point: BTC’s rally above $109,000 has invalidated a bearish pattern, setting the stage for bulls to make a run at a new all-time high. Bitcoin (BTC) rallied sharply on Wednesday and is trying to continue its uptrend on Thursday, indicating sustained demand from the bulls. 10x Research head of research Markus Thielen told Cointelegraph that Bitcoin could surge to $116,000, supported by strong inflows into the spot Bitcoin exchange-traded funds, US Federal Reserve uncertainty and the sharp drop in Bitcoin supply on crypto exchanges. Read more

Quantum computing could enable the reverse engineering of private keys from publicly exposed ones, putting the security of Bitcoin holders at risk. Quantum technology can process an enormous amount of data and solve complex problems in seconds rather than decades. Remarkably, quantum technology first appeared in the early 1900s. It originated from quantum mechanics, a branch of physics that examines how matter and energy behave at extremely small scales, such as atoms and subatomic particles.  Read more

Criminal hackers exploited a critical vulnerability in Brazil's banking infrastructure, stealing over $180 million from reserve accounts in the country's largest cyberattack, with stolen funds immediately routed through cryptocurrency exchanges to convert into Bitcoin and USDT. The post Hackers Steal $180M from Brazilian Banking System in Largest-Ever Attack, Cash Out via Bitcoin and USDT appeared first on Cryptonews.

Bitcoin has rallied above $107,000, taking the vast majority of investors back into profit, says blockchain data platform Glassnode, with total unrealized gains hitting a whopping $1.2 trillion. The post Bitcoin’s Rebound Pushed Most Investors Back into Profit appeared first on Cryptonews.

Bitcoin reverses its push beyond $110,000 as markets discount the odds of the Federal Reserve lowering interest rates before September. Key points: Bitcoin quickly reversed gains as US nonfarm payrolls data beat expectations and unemployment fell more than thought. Analysis says that the Federal Reserve is now unlikely to lower interest rates at its July meeting. Read more

A large cluster of potential short liquidations near $111,320 could trigger a squeeze to accelerate Bitcoin’s next leg higher into price discovery. Key takeaways: Bitcoin's funding rate briefly turned negative in late June, historically a signal for upcoming rallies. A large concentration of short liquidations near $111,320 could fuel a short squeeze. Read more