Analysis
Gold shines as Bitcoin sinks below $37,000, on-chain metrics indicate further trouble ahead
On-chain metrics show a fall in demand and interest, as well as sell pressure coming from supply holding at a loss.
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.
Bitcoin Price $77,364.18
Coverage footprint 31.5%
News sentiment 41 /100
Top Bitcoin Stories
Price Watch
BTC below 40k, short-term holders drive volatility while geopolitics spook markets
Bitcoin (BTC) market price fell under $40,000 during the weekend. Short-term Holders are the most likely cohort to spend their coins in response to volatility.
Adoption
The dominoes are falling, California to consider Bitcoin as legal tender
Efforts are afoot to make Bitcoin legal tender in California in response to currency debasement.
Latest Bitcoin News & Analysis
Mining
Shark Tank star Kevin O’Leary blasts “dirty” Bitcoin miners
Mr. Wonderful recently explained why investors should shy away from “dirty” miners and turn to “new generation” mining companies.
Mining
Despite Bitcoin’s price falling, its mining difficulty rises to new ATH
Available data shows that there is increased competition amongst Bitcoin miners for mining new blocks.
Adoption
Ukraine legalizes Bitcoin as tensions with Russia persist
Bitcoin gets a huge boost as Ukraine votes to pass a framework legalizing cryptocurrency in he country.
Analysis
What’s behind Bitcoin’s sudden plunge to $40,000?
Bitcoin sunk on Thursday leading to fears of further downside. Analysts have pinned this on President Biden's plan to regulate the crypto sector.
Opinion
The U.S. already have a CBDC, just skip the “CB”
Let the private sector come up with a solution to the CBDC dilemma. Maybe you heard it before, but the U.S. already has a, or rather several, digital dollars. They’re called stablecoins, and all the U.S. government basically has to do, to leapfrog China, is to say okay.
Adoption
Fans can now use Ethereum to tip creators on Twitter
Fans can now use two of the most popular cryptocurrencies, Bitcoin and Ethereum, to support their favorite creators via tips.
