Analysis
Recent volatility sees Bitcoin Stock-to-Flow model breached for the first time
Bitcoin breached the lower bound limit of the Stock-to-Flow model on June 18, calling into question the validity of the model.
Samuel Wan 3 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. 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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Coverage footprint 31.3%
7D News sentiment 29 /100
Top Bitcoin Stories
Samuel Wan 3 min read 
Price Watch
Bitcoin tumbles to $18k, trades below previous cycle’s ATH first time in history
After each Bitcoin halving there has been a bull run leading to new all-time high. Never has the price dropped below a previous cycle's highest price until today.
Analysis
Bitcoin uses 56x less energy than classical system
Calculations show that Bitcoin currently spends 56 times less energy than traditional monetary system, while Bitcoin Lightning is 194 Million times more energy efficient.
More Bitcoin News & Analysis
Regulation
SEC commissioner Hester Pierce criticizes agency’s resistance to Bitcoin spot ETP
Hester Pierce mentioned that Spot ETPs have launched in countries like Canada, and in Europe, generating great investor interest despite the volatile nature of the market.
Analysis
Bitcoin exchange inflows spike to 43 month high
BTC bottomed above the key $20,000 level on Wednesday, but on-chain analysis suggests this level may not hold in the coming days and weeks.
Adoption
El Salvador’s minister dismisses Bitcoin crash despite 50% loss in reserves
El Salvador has collected over 2,300 Bitcoins since 2021. Even though the county lost more than $50 million with the recent crash, it's finance minister says the risk is extremely minimal.
Adoption
CAR’s president remains unfazed by the crypto market downturn
The president of Central African Republic hints at his continued support for bitcoin in a tweet despite the negative state of the crypto market.
Exchanges
Kraken CEO lashes out against some employees for being ‘bad fit’
Jesse Powell said that the actions of some employees is negatively impacting the productivity of others because their focus has shifted from the company’s culture.
Price Watch
Fed hikes interest rate by 75 basis points; Bitcoin continues to trade above $20,000
Crypto market remained stable following the US Federal Reserve's decision to raise interest rates will be raised by 75 basis points.
