Analysis
Bitcoin sees sharp decline in correlation with tech equities, Kaiko says
Bitcoin remains mostly uncorrelated to gold and its correlation with tech equities declined in June.
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 $83,480.87
Coverage footprint 31.6%
News sentiment 49 /100
Top Bitcoin Stories
Enterprise
Salvadorian entrepreneurs can now claim a $100,000 Bitcoin grant
The initiative appears to be a response to re-developing the capital's Soyapango district, which has a reputation for gang violence.
Mining
Bitcoin mining company Compass Mining loses facility for not paying electricity bill
Bitcoin mining company Compass Mining loses Maine facility for not paying electricity bill to building owner
Latest Bitcoin News & Analysis
Analysis
Bitcoin sees record outflows as Ethereum bucks trend
Most of Bitcoin outflows happened on June 17 and were likely responsible for its crash to around $17,760 on June 18.
Adoption
SEC Chairman Gary Gensler calls Bitcoin a commodity
The Chairman of the SEC said that Bitcoin is the only cryptocurrency he was ready to call a commodity.
Analysis
Glassnode report shows 2022 bear market is the worst in history
Bitcoin and Ethereum will trade below their ATH in their previous cycle for the first time since their creation.
Analysis
Crypto market regains 11% capitalization in a week
The crypto market recovered $88 billion from 19th of June to the 26th.
Exchanges
Investors pull Bitcoin from exchanges as BTC on CEXs at lowest levels since 2018
Bitcoin held on exchanges dropped to 2.4 million BTC in June, the lowest level since August 2018.
Mining
Crypto downturn sees electricity consumption on Ethereum plunge by 50%
Miners on the Bitcoin and Ethereum networks are feeling the pinch as falling token prices put pressure on the least efficient miners.
More Bitcoin News Headlines
Crypto
BoE’s Cunliffe believes crypto will continue to grow
Regulation
Proposed Gillibrand-Lummis crypto Bill uploaded to GitHub for recommendations
Regulation
Max Keiser suggests corruption could be at play over SEC’s denial of spot Bitcoin ETF
Mining
