Bitcoin News

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

Bitcoin mining profitability saw an increase in June, according to Jefferies, as the market adapted to the recent halving event. The rise in profitability...

Bitcoin Crash: Crypto Analyst Reveals Why Price Could Drop to $52,000

A crypto analyst has disclosed reasons why the price of Bitcoin could witness more declines to $52,000 lows. According to the analyst, Bitcoin has...

Binance Forces Derivative Upgrades: Users Face Financial Losses

Dear CryptoUpdate Readers, We're deeply dissatisfied with Binance's recent announcement regarding upcoming changes to their derivatives products. These changes, effective from 26 June 2024, seem...

Ancient Bitcoin Whale Stuns Major Exchange with $535 Million BTC Transfer

In an unexpected turn of events, a long-dormant bitcoin wallet transferred a whopping 8,000 BTC worth about $535.64 million to the world's largest exchange,...

Japan’s Metaplanet Stock Jumps 10% After Disclosing Additional BTC Purchase

Tokyo-listed investment firm Metaplanet Inc. saw its shares rise 9.88% on Tuesday after announcing that it had purchased an additional 250 million yen ($1.58...

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