Market Stability

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...

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...

Bitcoin May Retest $69K Next as Shorts Keep BTC Price Below All-Time High

BTC/USD stuck rigidly to $71,000 into June 7 as analytics tools began to call for a retest of lower levels. Bitcoin Bulls Save Daily Close...

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