Bitcoin net flows hit $750M, highest outflow since May
Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence. Go to Source
Bitcoin News
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Bitcoin pushes toward $70K — just 6% needed for new all-time high
Bitcoin price came within 5.7% of its peak today as the week begins with positive sentiment. Go to Source
German gov’t prepares for next $276M BTC sell-off
The German government moved 3,100 BTC worth $178 million in one hour, with more sell-offs likely imminent. Go to Source
Mt. Gox trustee to start Bitcoin, Bitcoin Cash repayments in July
After a decade of anticipation, July might finally bring restitution to the users of the now-defunct Mt. Gox exchange. Go to Source
Bitfarms pushes back against Riot’s $950M takeover attempt
Riot’s $950 million buyout offer is met with resistance as Bitfarms’ stakeholders and special committee deem it undervalued and not in shareholders’ best interests. Go to Source
Digital insurer Metromile follows through with $1M Bitcoin purchase
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021. Go to Source Powered by WPeMatico
VanEck takes new approach with SEC, files for Bitcoin Strategy ETF
SEC chair Gary Gensler recently hinted he would be more open to accepting ETFs based on crypto futures rather than through direct exposure. Go to Source Powered by WPeMatico
NCR Corporation plans to purchase Bitcoin ATM company LibertyX
LibertyX currently services 20,000 retail stores in the U.S. with 9,500 crypto ATMs. Go to Source Powered by WPeMatico
GoldenTree Asset Management is reportedly investing in Bitcoin
At least three executives at the $45 billion firm have participated in a funding round for the blockchain-focused VC group Borderless Capital. Go to Source Powered by WPeMatico
BIT Mining steps up Bitcoin mining operations in Kazakhstan
The mining firm’s expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022. Go to Source Powered by WPeMatico
