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Bitcoin News

Archived coverage · Forkast crypto archive

  • Bitcoin News

    Bitcoin miners, investors still active in BTC despite price fluctuations

    Although the price of Bitcoin fell below US$20,000 for the first time since mid-June after sliding 7% in the 24 hours following Federal Reserve Chairman Jerome Powell’s hawkish speech, the number of addresses holding over 0.1 bitcoin hit all-time-high on Sunday. This was despite mining difficulty for the crypto likely to see its third-highest ever […]

    Ningwei Qin

  • Bitcoin News

    Markets: Bitcoin fails to hold above US$20,000, Ether slumps, SHIB slides

    Bitcoin traded below US$20,000 and Ether fell further in Monday afternoon trading in Asia. Solana fell, along with memecoins Dogecoin (DOGE) and Shiba Inu (SHIB), with SHIB dropping below Dai and Polygon by market capitalization. See related article: Bitcoin stays below US$20,000 Monday morning after Friday Fed shock Fast facts Bitcoin traded down 0.83% in […]

    Timmy Shen

  • Bitcoin News

    Markets: Bitcoin stays below US$20,000 Monday morning after Friday Fed shock

    Bitcoin and Ether fell Monday morning in Asia, along with all other cryptocurrencies in the top 10 by market capitalization. The slump continues a slide over the weekend after U.S. Federal Reserve Chairman Jerome Powell rocked crypto and equity markets on Friday with comments about economic pain ahead as the Fed raises interest rates to […]

    Lachlan Keller

  • Bitcoin News

    BTC miner Whinstone countersues Japan’s GMO Internet for US$15 mln

    Riot Blockchain (RIOT)’s Bitcoin mining facility Whinstone is seeking at least US$15 million in damages from Japanese tech company GMO Internet in a four-year-long dispute over usage of mining equipment, according to a document filed in the U.S. District Court for the Southern District of New York on Monday. See related article: Crypto miners plan […]

    Danny Park

  • Bitcoin News

    Crypto ATM Bitcoin Depot unveils US$885 mln SPAC listing plans

    Bitcoin Depot has announced its backdoor listing plans on the Nasdaq by the first quarter of 2023 via a merger with special purpose acquisition company (SPAC) GSR II Meteora at an estimated equity value of US$885 million, the crypto ATM operator said in a statement. See related article: Bitcoin ATMs face existential threat in Hong […]

    Pradipta Mukherjee

  • Bitcoin News

    Ukraine seizes funds from crypto wallet funding Russian forces

    The Security Service of Ukraine (SSU) seized and blocked a cryptocurrency wallet used to fund the Russian military campaign in the country. The agency is working on tracking the funds and transferring them under Ukrainian jurisdiction, according to the SSU. See related article: Vitalik Buterin says he used Tornado Cash to donate to Ukraine Fast […]

    Zoltan Vardai

  • Bitcoin News

    Bitcoin has been mounting in DBS Digital Exchange in volatile June

    Bitcoin custodied by Singapore-based DBS Digital Exchange (DDEx) grew by 30% from April 30 to June 30 this year while Ethereum under custody grew by 3% during the same period.  See related article: DBS Bank slams brakes on retail crypto trading Fast facts Bitcoin bought on DDEx in June was nearly four times that of […]

    Pradipta Mukherjee

  • Bitcoin News

    Markets: Bitcoin edges up, Ether posts biggest gain among top 10 tokens

    Bitcoin made up some ground, while Ethereum posted the largest gain among the top 10 coins by market capitalization in Tuesday afternoon trading in Asia. Dogecoin was the second-largest gainer among the top 10. See related article: Markets: Bitcoin, Ether mixed; Solana hit six-week low overnight, Dogecoin dips Fast facts Bitcoin gained 0.62% in the […]

    Timmy Shen

  • Bitcoin News

    Markets: Bitcoin, Ether dip; DOGE, SHIB slide; Jackson Hole, Merge in focus

    Bitcoin and Ethereum edged down again in Monday afternoon trading in Asia, after both posted sharp declines on Friday and had a bit of a rollercoaster over the weekend that drove most other tokens lower. Dogecoin was the biggest mover today among the top 10 coins by market capitalization and logged a 3.09% fall in […]

    Timmy Shen