Binance news, Circle plans to go public, and bullish crypto comments: Hodler’s Digest, July 4–10

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much... Read more »

Bitcoin metric sees ‘hell of a bounce’ in move which historically heralds BTC price bottom

A classic Bitcoin (BTC) on-chain indicator has seen a “hell of a bounce” even as price action stays uncertain. In a tweet on July 9, Philip Swift, creator of analytics resource Look... Read more »

Analysts say Bitcoin’s choppy price action is ‘typical of low liquidity markets’

On July 9 Bitcoin and the wider cryptocurrency market saw a moderate relief rally that helped recover some of the losses seen on Thursday but a handful of analysts continue to caution that... Read more »

Elon Musk and Bitcoin: A toxic relationship

On July 8, Max Keiser and Stacy Herbert hosted an Elon Musk-inspired show in Austin, Texas. Aptly named “F*ck Elon,” the event, which included a large number of Bitcoin (BTC) maximalists, was... Read more »

Survey finds most El Salvador citizens are skeptical of making BTC legal tender

According to a newly released survey, up to three-quarters of Salvadorans are skeptical over President Nayib Bukele’s Bitcoin adoption plans. The survey, which polled 1,233 people across El Salvador between July 1... Read more »

Bitcoin electricity consumption falls to November 2020 levels: Data

Bitcoin’s total estimated annual electricity consumption has plummeted nearly 60%, falling from the all-time peak above 143 terawatt-hours (TWh) in May to as low as 62 TWh in early July, according to... Read more »

Bitcoin price will likely shrug off $530M GBTC unlock in July — analysis

Bitcoin (BTC) will not move much after Grayscale’s giant 16,000 BTC unlocking date after all, says crypto trading firm QCP Capital.  In its latest market update released on July 8, analysts downplayed... Read more »

Former CFTC chair explains why regulators should approve a Bitcoin ETF

Timothy Massad, who served as Chair of the United States Commodity Futures Trading Commission between 2014 and 2017, has laid out the reasons why he thinks regulators should approve a Bitcoin exchange-traded... Read more »

Visa reports over $1 billion in crypto spending in H1 2021

Global payments giant Visa will continue to support the development and adoption of the cryptocurrency industry as part of its business, the company said in its latest crypto update. In an official... Read more »

Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2

Bitcoin’s second-quarter price battering has pundits speculating that Tesla may have to report a loss of up to $100 million for Q2. With the price of Bitcoin recently dropping to revisit levels... Read more »