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Bitcoin News
Coin Telegraph
2w
420
Image Credit: Coin Telegraph
Crypto investor loses $2.6M in stablecoins in double phishing scam
- A crypto investor fell victim to a double phishing scam, losing $2.6 million in stablecoins within three hours.
- The scam involved a zero-value transfer technique, exploiting the victim's wallet to send real funds to attackers.
- Zero-value transfers exploit the transaction history to trick victims into sending funds to the attacker's address.
- This sophisticated form of onchain phishing is an advanced evolution of address poisoning, posing a growing threat across various blockchains.
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101Blockchains
2w
21
Image Credit: 101Blockchains
What is Bitcoin Scripting and How it Works?
- Bitcoin introduced a peer-to-peer approach for financial transactions through blockchain technology, creating a decentralized electronic cash system.
- Bitcoin Scripting guide helps in understanding Bitcoin transactions at a deeper level, similar to introducing smart contract functionalities in the Bitcoin Blockchain.
- Bitcoin Script is a stack-based programming language enabling the creation of complex transactions with specific conditions.
- The Bitcoin script involves locking and unlocking scripts to define conditions for spending Bitcoin tokens.
- Bitcoin script works by combining and executing the locking and unlocking scripts on a virtual machine using a stack-based structure.
- Bitcoin Script relies on predefined commands (opcodes) for performing actions on data elements like signatures and public keys.
- Bitcoin Scripting allows for various use cases like time-locked transactions (CLTV and CSV scripts), conditional payments, and Pay-to-Script Hash for complex payments.
- Bitcoin Script is not Turing complete to prevent issues related to execution of complex conditional statements and infinite loops for network security.
- Advantages of Bitcoin scripting include security, flexibility for sophisticated transactions, and expansion of innovation on the Bitcoin blockchain, despite limitations in debugging and transaction size.
- Bitcoin Script transforms Bitcoin from a store of value to an electronic cash system, offering diverse utilities and paving the way for programmable money.
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TronWeekly
2w
394
Image Credit: TronWeekly
Bitcoin Rebounds to $109K as Trump Postpones EU Tariffs, Easing Trade Tensions
- Bitcoin rebounds to $109,600 after U.S. President Trump postpones a 50% tariff hike on European Union imports, easing trade tensions and providing relief to markets.
- S&P 500, Dow Jones, and Nasdaq futures increase on hopes of progress in U.S.-EU trade talks following the tariff delay announcement.
- Institutional investors express interest in Bitcoin reaching $120,000, with over $500 million in options activity at the $120,000 strike for the end-of-June contract.
- Bitcoin's recovery and stability are noted as a macro signal, maintaining appeal as a non-sovereign asset and inflation hedge amidst global economic uncertainties.
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Cryptopotato
2w
399
Image Credit: Cryptopotato
HYPE Taps New All-Time High, Bitcoin Price Recovers to $110K (Market Watch)
- Bitcoin's price has recovered to around $110,000 following US President Trump's pause on tariffs against the EU.
- HYPE, a cryptocurrency, hit a new all-time high of nearly $40, up by more than 12% in the past day.
- BTC marked a new all-time high at almost $110,000 after a fluctuating week and a brief dip due to Trump's tariff statements.
- The total crypto market cap has risen by almost $80 billion since yesterday, standing above $3.570 trillion.
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Blockonomi
2w
271
Image Credit: Blockonomi
Bitcoin Price Recovers to $109,000 After Trump Extends EU Tariff Deadline
- Bitcoin price recovered to $109,637 after Trump extended EU tariff deadline to July 9, 2025
- Trump initially threatened 50% tariffs on EU goods but agreed to extension after call with EU Commission President
- Bitcoin derivatives saw increased activity with 24-hour open interest rising 2.59% to $76.66 billion while US equity futures gained up to 1%
- Gold prices dropped 0.3% as risk appetite improved, and analysts maintain bullish outlook with $120,000 Bitcoin price target for June
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Bitcoinsensus
2w
94
Image Credit: Bitcoinsensus
SUI Price Prediction: SUI Could Still Be Headed for $4.20
- SUI price was manipulated upward before dropping, triggering stop-losses and FOMO buys.
- Currently, SUI sits in a demand zone, likely to increase liquidity before its next move.
- There is a possibility of SUI reaching $4.20, contingent upon the price structure supporting a bullish breakout post-manipulation.
- It is emphasized that smart money maneuvers for liquidity, and the price may experience fakeouts due to manipulation.
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Cryptopotato
2w
287
Image Credit: Cryptopotato
Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet
- Crypto trader James Wynn exits his $1.25 billion Bitcoin long with a $25 million profit after predicting BTC hitting $121,000, leveraging 40x on Hyperliquid.
- Despite reaching $87 million in unrealized profit, volatility and macro headwinds caused Bitcoin to fall below Wynn’s target, leading him to leave with a $25 million profit.
- Wynn closed all 11,588 BTC long contracts worth $1.25 billion, walked away with a net $25.2 million profit, and later flipped bearish to open a $1 billion BTC short with 40x leverage.
- After closing his short positions at a loss, Wynn opened a $9.9 million long on kPEPE with 10x leverage, adding to his track record of aggressive trades and profits exceeding $40 million on Hyperliquid.
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Coin Telegraph
2w
296
Image Credit: Coin Telegraph
Crypto ETPs see $3.3B weekly inflows, top $10.8B year to date
- Crypto ETPs saw a significant increase in inflows last week, pushing the year-to-date total above $10 billion, as per data from CoinShares.
- Global ETPs recorded $3.3 billion of inflows for the week ending May 24, with total YTD inflows reaching a record $10.8 billion.
- Bitcoin led last week's inflows with $2.9 billion, while Ether ETPs also saw healthy inflows totaling $326 million for a fifth consecutive week.
- XRP ETPs experienced significant outflows despite two bullish developments, as per CoinShares data, marking another record-breaking milestone for crypto ETPs.
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Bitcoinsensus
2w
279
Image Credit: Bitcoinsensus
ETH Price Prediction: Supply Holding, Liquidity Below, and Vitalik’s Call for Resilience
- Ethereum is consolidating under a weekly supply zone after a liquidity flip, creating a clean pool of liquidity below current levels.
- Vitalik Buterin emphasized the importance of Ethereum maintaining privacy and resilience to remain a credible alternative to cash.
- Nordic countries are reverting to cash due to the fragility of centralized digital payment systems, highlighting the importance of Ethereum's resilience.
- Technically and philosophically, Ethereum is at a critical juncture as it navigates through consolidation and emphasizes its identity in the face of challenges.
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Pymnts
2w
340
Image Credit: Pymnts
Banks Navigate Digital Asset Boom, Regulatory Shift Amid Economic Headwinds
- The banking industry has experienced significant developments amidst technological upheaval, regulatory changes, and economic uncertainties from January to May.
- Mainstreaming of digital assets like Bitcoin has become prominent, with institutions like JPMorgan Chase allowing clients access to Bitcoin ETFs.
- Regulatory changes in the U.S. and Europe are enabling banks to support stablecoins, with a focus on risk management for institutional adoption.
- Banks are adapting to a new interest rate regime with expectations of Fed rate cuts and economic growth deceleration, while FinTechs continue to drive digital disruption in the industry.
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TronWeekly
2w
253
Image Credit: TronWeekly
Pakistan Powers Up Bitcoin Mining and AI with 2,000 MW Energy Boost
- Pakistan allocates 2,000 MW of surplus electricity for Bitcoin mining and AI projects, aiming to attract foreign investors and boost the digital economy.
- Government plans to provide renewable energy to mining operations in later phases for environmental sustainability and sector growth.
- Creation of Pakistan Digital Assets Authority (PDAA) to license crypto exchanges and promote economic growth by monetizing extra electricity.
- Pakistan's efforts position it as a global leader in AI and crypto infrastructure with clear rules, transparency, and potential for increased foreign investment.
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15 Likes
Hackernoon
2w
343
Image Credit: Hackernoon
Bitcoin Conference 2025 - Should I Go? Should I Stay?
- The author's Bitcoin Games 2025 Hackathon project has been accepted, earning a festival pass to the Bitcoin Conference 2025 in Las Vegas.
- After a moment of reflection, the author questioned the necessity of physically attending the conference based on costs and personal values.
- An article on HackerNoon shifted the author's perspective, emphasizing that true wealth is having choices and aligning actions with values.
- Ultimately, the author decided to participate virtually in the conference, highlighting that success is measured by personal alignment and financial wisdom.
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Coindoo
2w
201
Image Credit: Coindoo
Bitcoin Is Back Above $110,000 — What’s Fueling the Surge?
- Bitcoin has surged above $110,000, driven by growing optimism around global trade developments following President Trump's trade negotiation extension with the European Union.
- BTC is currently trading at $110,050 with a 24-hour volume surpassing $48 billion and a market capitalization exceeding $2.18 trillion, based on data from CoinMarketCap.
- The price spike reflects a shift in macroeconomic sentiment after a month of consolidation, sparked by Trump's decision to delay tariff hikes and engage in talks, calming economic tensions.
- Bitcoin's position as a hedge against financial instability, coupled with reduced economic uncertainty due to Trump's actions, has led to renewed market confidence, with the momentum hinging on the outcome of ongoing negotiations.
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Newsbtc
2w
403
Image Credit: Newsbtc
XRP Price Consolidates In Tight Bullish Compression Pattern, Why $5 Is Possible
- XRP price is consolidating in a tight bullish compression pattern after falling below $2.4, hinting at a potential upward move.
- The cryptocurrency is still trading above a long-term rising trend line and maintaining higher lows over the last six months, indicating bullish momentum.
- Key support levels for XRP are at $2, with resistance at $2.7. RSI is in a neutral position, and MACD shows a bullish crossover.
- Buy levels suggested by the analyst are the $2 to $2.2 zone as initial support and after a break above $2.7 with strong volume. A potential rally to $5 is projected.
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24 Likes
TheNewsCrypto
2w
81
Blockstream CEO Leads $2.2M Round to Back Sweden’s First Bitcoin Firm
- Blockstream CEO leads a $2.2 million funding round in Sweden's First Bitcoin Treasury Firm, H100 Group AB.
- The funding will be used to purchase Bitcoin, making H100 the first public firm in Sweden to adopt a Bitcoin treasury policy.
- The funding round led by Adam Back includes $1.4 million from his firm and $800,000 from other investment firms.
- Convertible loans with zero interest will be used to purchase Bitcoin, with plans to convert into shares in 2028 if certain criteria are met.
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