Bitcoin News

If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?
Network congestion from ordinals and BRC-20s is a stress test – and Bitcoin is failing.

Bitcoin Dips Below $27K, Reversing Post-CPI Rally
The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground.

Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets
Liquidity across bitcoin trading pairs has slumped and failed to recover since the collapse of FTX in November.

U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K
The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.

Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko
Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets.

Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.

First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur
ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.

Bitcoin, Ether Slide for 4th Consecutive Day, While Altcoin Trading Volume Spikes
While the two largest cryptocurrencies trade near recent levels of support, lesser known altcoins trade at twice their average volume.

Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy
Transaction fees on the Bitcoin blockchain have hit a two-year high due to the rising popularity of so-called BRC-20 tokens.

