Politics
El Salvador President under fire over $18M loss after Bitcoin tumbles to $23k
Critics take aim at President Bukele as Bitcoin extends losses to sink under $23,000 for the first time since December 2020.
Samuel Wan 2 min read
BTC
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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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Top Bitcoin Stories
Mining
Bitcoin mining equipment older than 2019 reaches shutdown price
With the recent price fall in Bitcoin, some mining rigs produced in 2019 are working in the red as the amount they mine does not compensate for the energy they spend.
Exchanges
Binance has resumed Bitcoin withdrawals after a temporary halt due to a “stuck transaction”
After being halted for three hours due to a stuck transaction that caused a backlog in the withdrawal system, users can once again withdraw bitcoin from the Binance exchange.
Latest Bitcoin News & Analysis
Scams
Richard Branson ramps up efforts to end crypto scams using his name
Branson has directed his legal team to confront social media companies that host false crypto advertisements bearing his name.
Lending
Nexo makes unsolicited offer to acquire Celsius’ assets after it halts withdrawals
Nexo made an unsolicited offer to buy "any remaining qualifying assets" of Celsius Network, including its collateralized loan portfolio, brand assets, and customer database.
Price Watch
Plummeting crypto markets see no reprieve as Bitcoin loses $23,000
Panic selling sunk the total crypto market cap as low as $925 billion, marking a year-to-date loss of 58%.
Analysis
Total crypto market cap falls below $1T for first time since January 2021
Total crypto markets now below $1T as Bitcoin fell to $24,495 while Ethereum dropped to $1,250 as widespread sell off of risk-on assets continues amid rising inflation and turbulent global market conditions
Analysis
Web5 announced by Jack Dorsey’s Block to replace web3 as future of internet
Block, formerly Square, has announced it is working on web5 to replace web3 to focus on decentralized applications and allowing users to own their own data
Investments
Grayscale CEO says pension funds are looking to add Bitcoin
Sonnenshein‘s statement is coming at a time when some 401(k) managers have announced their willingness to offer crypto investment options.
More Bitcoin News Headlines
Payments
Bitcoin of America increases ATMs across the U.S. by more than 30%
Analysis
Bitcoin to see boom in adoption, break 10% level by 2030
People
Jay-Z, Jack Dorsey launch Bitcoin education classes for Marcy Houses residents
Partnerships
