Bear Market
Bitcoin dips under $20K as US inflation rises over 9%
US President Joe Biden has said the latest inflation figure is “unacceptably high” and “out of date.”
Oluwapelumi Adejumo 2 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.
Bitcoin Price $77,390.31
Coverage footprint 31.5%
News sentiment 41 /100
Top Bitcoin Stories
People
Video of Mario Draghi knocking Bitcoin ages like milk as euro sinks to parity with dollar
In 2018, Mario Draghi implied people can trust the euro, and not Bitcoin, because it's stable and backed by a central bank. However, recent events show the ECB is powerless to stop the euro's slide against the dollar.
Analysis
Bear market sentiments begin to ‘cool off’ as Ethereum records another week of inflows
Ethereum has seen a modest turn around in investment interest as the bearish market sentiments continue to recede.
Latest Bitcoin News & Analysis
Analysis
Bitcoin holders should expect further price decline says Glassnode
A comparison of this bear market with previous ones showed that Bitcoin holders may still have to deal with extra selling pressure.
Banking
The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts
Angry crowds gathered in Zhengzhou demanding access to their bank deposits. Some say self custody of Bitcoin is the answer.
Exchanges
Will release of $3B Bitcoin from Mt Gox cause market bottom in August?
137,000 BTC may soon hit the market as Mt Gox is set to release funds to creditors that has been locked up for 7 years. How may this affect the price of Bitcoin and will it cause a further leg down?
Stablecoins
Tether reveals how it returned funds to Celsius following liquidation
A BTC loan to Celsius was liquidated "without loss" by Tether. The process resulted in excess funds being returned to Celsius as Tether aimed to "minimize" the effect on the market
Analysis
Bitcoin spikes above $22,500, but odds are it’s a fakeout
A relief rally took Bitcoin above $22,500, but a lack of bullish signs to support the next leg up suggest bears are far from done.
Adoption
Prince of Serbia claims unnamed Arab nation on the verge of adopting Bitcoin
Speculation mounts over which Arab country will adopt Bitcoin. Given the proliferation of memes on the topic lately, one country stands out.
More Bitcoin News Headlines
Bear Market
Mining giant is forced to sell-out 79% of BTC to pay debt
Adoption
OpenNode partners Lemon Cash to give Argentinians access to Bitcoin’s Lightning Network
Analysis
Crypto winter too harsh for ‘tourists’
Analysis