Exchanges
Bitcoin worth $120M withdrawn from exchanges on Jan. 10
Roughly $50 million of the withdrawals came from Binance, while $30 million was pulled from Coinbase.
Oluwapelumi Adejumo 1 min read
BTC
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The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
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Top Bitcoin Stories
Bankruptcy
BlockFi creditors appeal court to redact their information
U.S. authorities argued that granting BlockFi's request to redact their information could set an unfavorable precedent for other crypto industry Chapter 11 cases.
Bear Market
Crypto market fund outflows drop to $9.7M as negative sentiment falls
Coinshares believes there is only "minor negative sentiment" within the crypto markets as Bitcoin threatens to touch $18,000 for the first time since mid-December.
Latest Bitcoin News & Analysis
Crypto
CryptoSlate Daily wMarket Update: AI narrative holds firm as SingularityNet leads top gainers
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.
Adoption
UK undeterred by FTX collapse, crypto hub objective stands
Member of Parliament Andrew Griffith told the U.K. Treasury Committee that the country should not backtrack on its crypto hub plans over the FTX collapse.
Trading
BTC is currently more stable than gold, Nasdaq, S&P 500; volatility could follow
Bitcoin's 5-day volatility has fallen below all of these indexes simultaneously — referred to as “relative volatility compression” — only 5 times in the past.
Investments
Group One purchases 13.5% of MicroStrategy’s share
The trading firm holds roughly 1.3 million shares of MicroStrategy.
Bear Market
GBTC shares jump 12%, narrowing discount to 38%
Bitcoin Magazine CEO David Bailey has started a campaign labeled "redeem GBTC" to reduce GBTC's 2% management fee.
Exchanges
Binance annual revenue grew 10x over the past 2 years, while OKX’s grew 4x
In the meantime, Huobi global's quarterly revenue fell -98% since the second quarter of 2021.
More Bitcoin News Headlines
Crypto
CryptoSlate Daily wMarket Update: Large caps take a breather following pump
Legal
Core Scientific under investigation over securities fraud
Research
Bitcoin fundamentals remain unchanged despite the significant events in 2022
Price Watch
