Macro
Bitcoin sinks 4% to $20,400 as US producer prices show inflation easing
The leading cryptocurrency tanked after news of better than expected producer inflation data.
Samuel Wan 1 min read
BTC
Bitcoin news today
The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines.
Topic stats
Bitcoin Price The latest stored price in US dollars, with its reported change over the past 24 hours. Market data may be delayed. $80,544.41
Market signal A 0–100 indicator of price momentum, position within the historical trading range, and volume confirmation. It describes market conditions, not a price forecast. 62 /100
Coverage footprint Share of stories with a crypto tag. This topic’s share of CryptoSlate’s published stories in that group. Each story is counted once in the group total. 56.5%
Top Bitcoin Stories
Rumors
Fox News host credits Bitcoin pump to ransomware hackers
Tucker Carlson speculates the White House was forced to buy Bitcoin to pay cyber attackers to release control of U.S. airspace.
Exchanges
Coinbase to halt operation in Japan
The exchange said leaving Japan is part of its restructuring process that will help it weather the bear market.
Latest Bitcoin News & Analysis
Analysis
WBTC supply on Ethereum dropped 35% since LUNA collapse
WBTC's supply peaked at 285,000 in April 2022 when the flagship digital asset was trading at around $48,000.
Research
Research: A review of bitcoin mining company holdings in 2022
Marathon, Hut8, and Riot collected the largest amount of Bitcoin while Bit Digital emerged as the one that increased its mining capability the most.
Mining
Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreases
Zero-emission energy resources account for 52.2% of the network's energy usage. Meanwhile, Kazakhstan now represents only 6.4% of the global hash rate.
Research
Research: Buoyant price action has Bitcoin options traders eyeing $30,000
Bitcoin Options Traders ignore wider macro concerns in the short term, turning further bullish amid the uncertainty.
Analysis
Bitcoin moves toward neutral sentiment on Fear & Greed index
Market sentiment has moved away from 'extreme fear' as Bitcoin rallies toward $21,000.
Hacks
Binance assists in recovering $3M from Harmony bridge hack
North Korea's Lazarus Group moved 41,000 Ethereum (roughly $64 million) from the Harmony Bridge hack over the weekend, according to ZachXBT.
