Bitcoin

Altcoins saw double-digit gains, with tokens like 1000SATS and Conflux up 21% and 15% respectively, as Bitcoin held over $41k despite Grayscale GBTC fund outflows.

Solana’s weekly NFT sales volume exceeded $62 million, surpassing Bitcoin’s volume and showcasing Solana’s momentum in the NFT space as it competes with Ethereum.

The U.S. District Court of Maryland has announced plans to liquidate over $131 million worth of Bitcoin seized during the takedown of the infamous online black market Silk Road.

Bitwise Asset Management has published the on-chain Bitcoin addresses holding the reserves of its Bitcoin ETF (BITB), becoming the first among the 11 approved Bitcoin ETFs to enable direct verification of holdings on the blockchain and set a new standard for transparency in the rapidly maturing Bitcoin fund market.

Pro-Bitcoin portfolio manager Seth highlights the growing use of renewable energy by Bitcoin miners, based on a Visual Capitalist report identifying the top mining countries, including the U.S., China, and Kazakhstan.

Hong Kong is hosting The Bitcoin Conference, the world’s largest fintech conference, on May 9-10 to further cement its position as a financial and technological hub and signal its commitment to the digital currency revolution.

Bitcoin dropped below $40,000 for the first time in 2024, extending a broad cryptocurrency market sell-off sparked by profit-taking after the launch of the first US Bitcoin ETFs.

Howard Lutnick, CEO of Cantor Fitzgerald, reaffirms that his company is backing Tether’s assets while expressing skepticism about Bitcoin as an investment.

Bitcoin clings to muted price action under $42k even as the S&P 500 celebrates fresh all-time highs – with upcoming Fed policy moves in focus.

Bitcoin mining firm Hut 8 strongly denies accusations in a short seller report of financial misdeeds tied to its recent merger with USBTC.