Bitcoin News

SEC Filing Shows Tesla Lost $140M in Bitcoin Last Year
According to a Monday U.S. Securities and Exchange Commission (SEC) filing, Tesla lost over $140 million from its bitcoin (BTC) bets in 2022. "The Hash" panel discusses what this means for bitcoin's narrative as a safe haven asset.

Bitcoin Little Changed on Soft Economic Data Ahead of Fed Meeting
Wednesday morning's ADP jobs and ISM manufacturing reports both came in weaker than expected.

PKT Pal Expands Its Crypto-Powered Wi-Fi Device Lineup With Launch of 'Mini'
Customers were able to deposit $99 to reserve the $499 device starting yesterday.

Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.

ARK Invest Maintains Prediction Bitcoin Price Will Hit $1M by 2030
A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class.

Bitcoin Could Be in the Later Stages of the Bear Market, On-Chain Data Suggests
Some analysts say that while overall market sentiment cannot be called bullish just yet, the recent price and on-chain data suggest that bitcoin could be in the later stages of a bear market.

Bitcoin Price Could Reach $45K by Christmas: Matrixport
When bitcoin’s performance is positive in January, the rally tends to continue through to the end of the year, the report said.

Bitcoin's Blockchain Data Offers Evidence of Continued Investor HODLing During Bear Market
The percentage of bitcoin UTXOs older than five years has surged in the past six months, indicating that some investors held on to their coin stash during the bear market.

First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
While the DAO has yet to formally see the Lido proposal to allow withdrawals from stETH, Galaxy Digital has already been critical. The Lido governance token has fallen about 15% from its high last week week.

Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
Layer 1 blockchain Aptos’ native token surged over 387% this month, leading all cryptocurrencies for gains and dwarfing the performance of bitcoin and ether. Solana’s SOL token also rose.

