Bear Market
Bitcoin production cost decline could be a negative for price, JPMorgan says
The bank strategists wrote that the decline in production cost is due to a reduction in electricity use
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 $80,871.36
Coverage footprint 31.5%
News sentiment 42 /100
Top Bitcoin Stories
Bear Market
Glassnode analysis suggests Bitcoin might be near bottom
A recent analysis from Glassnode detected an increase in the long-term capitulation, which suggests Bitcoin might have reached its bottom. On the other hand, Wall Street thinks it'll go as low as $10,000.
Mining
Bitcoin hashrate plummets as Texas-based miners suspend operations
Bitcoin mining hashrate has dropped to a five-months low after miners in Texas temporarily suspended their operations.
Latest Bitcoin News & Analysis
Politics
European Central Bank hints at PoW-based crypto ban by 2025
The E.U.'s commitment to fighting climate change puts it on a collision course with PoW tokens.
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US President Joe Biden has said the latest inflation figure is “unacceptably high” and “out of date.”
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.
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.
More Bitcoin News Headlines
Exchanges
Will release of $3B Bitcoin from Mt Gox cause market bottom in August?
Stablecoins
Tether reveals how it returned funds to Celsius following liquidation
Analysis
Bitcoin spikes above $22,500, but odds are it’s a fakeout
Adoption