Bitcoin | Crypto

A fake post from the Paraguayan president’s X account claimed Bitcoin was now legal tender, triggering a sharp 4% price spike. At around 00:53 GMT on June 10, 2025, the verified X account of Paraguayan President Santiago Peña posted something that set the crypto world buzzing. The now-deleted tweet stated that Paraguay had officially approved Bitcoin as legal tender. It added that President Peña had signed into law a $5 million Bitcoin (BTC) reserve and bond access for crypto-enabled citizens. It also contained a wallet address prompting users to stake BTC. Read more

Bitcoin purists are sounding the alarm as Wall Street suits pile into their beloved ecosystem. But who’s set to change: Bitcoin or TradFi? At a recent Bitcoin conference in Las Vegas, there were so many government and TradFi attendees that Bitcoin purists are starting to worry theyre losing their peer-to-peer digital cash system to the suits. From BlackRocks initial move for a spot Bitcoin exchange-traded fund in the summer of 2023 to US President Donald Trumps embrace of crypto, all signs indicate the institutions are finally here. The years of Bitcoiners clamoring for institutional investors and pursuing price appreciation more proactively than privacy, self-custody, and other cypherpunk ideals have led to Bitcoin rapidly becoming just another TradFi instrument, Cake Wallet vice president Seth For Privacy tells Magazine. Read more

A Bitcoin price drop below $102,000 could be followed by a swift 25% rally to new all-time highs. Key takeaways: Bitcoin dropped $103,500 as traders cut risk ahead of tomorrow’s FOMC decision. Technical data points to a Bitcoin price bounce between $102,000 and $104,000. Read more

Bitcoin (BTC) continued its pullback on June 17, sliding over 4% amid renewed military and political friction between Israel and Iran. The flagship crypto fell to an intraday low of $103,300 before bulls stepped in to steady the price and push it back above $104,000, As of press time, Bitcoin was trading at $104,439, down roughly […] The post Bitcoin’s slide below $104k liquidates over $500M as war tensions escalate appeared first on CryptoSlate.

Bitcoin, Ethereum, and other coins are down after President Trump threatens to have Iran's leader assassinated.

Throughout the last 10 years, Bitcoin’s price has remained resilient to war and armed conflict. As the conflict between Israel and Iran escalates, Bitcoin’s (BTC) price has remained stable. A look back at previous conflicts shows a similar trend, with factors like adoption and institutional involvement playing a key role. Analysts like André Dragosch, head of research at Bitwise’s ETP platform ETC Group, have argued that Bitcoin’s price can suffer in the days following the outbreak of a conflict. While volatility in BTC’s price is overall on a downtrend, it is still seen as a risky asset and is likely to be sold quickly when a war breaks out. Read more

Bitcoin order book liquidity spoofing is back as analysis says that a key BTC price event is still "brewing." Can bulls protect $104,000? Key points: BTC price weakness accelerates after the Wall Street open as analysis warns of a “rug pull” at $104,000. Bitcoin bulls have done their best to avoid panic reactions to downside volatility triggers. Read more

Michael Saylor turned a software company into a Bitcoin powerhouse by converting corporate reserves into digital gold. Saylor’s thinking was driven by a deep concern about the future of fiat currency.  When Michael Saylor, then CEO of Strategy, announced in August 2020 that his business intelligence firm was adopting Bitcoin (BTC) as its primary treasury reserve asset, many saw it as a radical (even reckless) decision. Read more

BitMEX co-founder and Bitcoin billionaire Arthur Hayes loves making daring Bitcoin predictions, but doesn’t sweat when he gets them wrong. BitMEX co-founder and Bitcoin billionaire Arthur Hayes is known for making big, bold and sometimes controversial Bitcoin price predictions, and says it doesnt faze him when he gets it wrong.  Nothing really happens, Hayes tells Magazine, who asked if he worries about backlash when his Bitcoin predictions fall flat.  The youngest African-American crypto billionaire in history is the first to admit that most of his price calls dont land. I get it wrong, and Ive gotten most of them wrong, he laughs. Read more

Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below. Key takeaways: Fed interest-rate cut odds this week are now less than 0.1%. BTC price may drop as low as $92,000 if key support levels are broken. Read more

The median cost of mining a single Bitcoin was only $52,000 in Q4, but jumped 23% in the first quarter and has risen again in Q2. The median cost of mining a single Bitcoin is estimated to have climbed above $70,000 in the second quarter as miners navigate a rise in network hashrate and energy prices.  According to a report on Monday from Bitcoin mining research firm TheMinerMag, the median cost of producing Bitcoin (BTC) already rose from $52,000 in the last quarter of 2024 to $64,000 in Q1 2025. This is expected to increase by over 9% in Q2. “Direct production costs are expected to surpass $70,000 in the current quarter,” TheMinerMag said in its May/June industry update. Read more

Bitcoin has lost recent gains in a $2,000 slide as Middle East tensions escalated on Monday night. Bitcoin and cryptocurrency markets are dipping again as tensions in the Middle East further escalate, with US President Donald Trump leaving a summit of world leaders and posting an ominous message about Tehran. Trump has reportedly requested that the National Security Council be prepared in the White House Situation Room as he returned early from the G7 summit in Canada on Monday, Reuters reported.  The report comes just hours after Trump took to his social media platform, Truth Social, with a chilling message: “Everyone should immediately evacuate Tehran!” Read more

Investors who added 10% in Bitcoin (BTC) to their “60/40 portfolio” strategies got a 90% risk-adjusted return in the past 12 months, outperforming gold’s 51% return in the same period. On a June 16 post via X, the profile Ecoinometrics highlighted BTC’s performance through June 13 and charted the result against total return. A 60/40 […] The post Bitcoin delivers 90% risk-adjusted return to 60/40 portfolios with 10% allocation, 2x gold’s risk efficiency appeared first on CryptoSlate.

Trump Media & Technology Group has sought SEC approval for an ETF holding Bitcoin and Ethereum in a 75-25 split, with Crypto.com as custodian and Yorkville Digital as sponsor. The company has also unveiled a U.S.-made $499 “Trump Mobile” phone and service targeting a September rollout. The post Trump’s Truth Social Wants to Launch a Bitcoin & Ethereum ETF – Here’s What That Could Mean appeared first on Cryptonews.

Bitcoin (BTC) reclaimed the $108,000 threshold on June 16 as tensions of war escalating in the Middle East fell after reports surfaced that Iran was open to negotiations with the US and Israel. Bitcoin’s move up regained the price level surrendered on June 12 while markets processed the initial flare-up in Israeli-Iranian hostilities.  The “Bitfinex Alpha” […] The post Bitcoin reclaims $108k amid upward consolidation as war tensions show signs of easing appeared first on CryptoSlate.

Bitcoin gains momentum as spot BTC ETF inflows and stable derivatives data offset investors’ war and inflation concerns. Key takeaways: Bitcoin shows strength amid tensions in the Middle East and rising oil prices. Spot BTC ETF inflows and neutral derivatives markets signal steady market confidence. Read more

Trump Media & Technology Group (TMTG), the company behind the Truth Social platform, has filed to launch a new exchange-traded fund (ETF) that would track Bitcoin and Ethereum. The filing, submitted to the US Securities and Exchange Commission (SEC) on June 16, marks a bold move in the firm’s shift toward digital finance. According to […] The post Trump Media files for groundbreaking Bitcoin and Ethereum ETF appeared first on CryptoSlate.

Strategy (formerly known as MicroStrategy) has expanded its Bitcoin holdings by acquiring 10,100 BTC for approximately $1.05 billion. The purchase, disclosed in a June 16 filing with the US Securities and Exchange Commission (SEC), brings the company’s total Bitcoin stash to 592,100 BTC. Notably, this single purchase equals the entire Bitcoin stack accumulated by Japanese […] The post Strategy now holds 592,100 Bitcoin, less than 20K BTC behind Binance appeared first on CryptoSlate.

Strategy has disclosed acquiring 10,100 BTC for $1.05B at about $104k each, boosting holdings to roughly 592,100 BTC. Post-split figures show purchases funded by debt and equity; management affirms buy-and-hold while warning of concentration, volatility, and custody risks. The post Michael Saylor’s Strategy Snaps Up $1.05B in Bitcoin – Debt-Fueled Bet or Masterstroke? appeared first on Cryptonews.

Michael Saylor, the billionaire Bitcoin advocate and executive chairman of Strategy, is backing Pakistan’s state-led Bitcoin pivot, according to new footage and media reports emerging from Islamabad. A call with top officials marks the latest escalation in Pakistan’s plan to formalize a Strategic Bitcoin Reserve (SBR). The video footage, posted on X by Finance Ministry […] The post Pakistan building Bitcoin ‘super team’ with Michael Saylor joining CZ on crypto council appeared first on CryptoSlate.