Latest Bitcoin News and Insights | Yellow.com

Bitcoin spot ETFs have hit a significant milestone, holding over 1 million BTC. As of May 24, more than 30 Bitcoin ETFs collectively own 1,002,343 BTC, worth about $70.5 billion. This represents approximately 5% of the global circulating BTC supply. The surge in Bitcoin spot ETFs, particularly in t

Billions in Bitcoin linked to the defunct Mt. Gox exchange have been transferred to an unknown wallet. On May 28, a series of transactions moved 75,021 BTC, worth approximately $5 billion, sparking speculation and market reaction. Some analysts even think the move might have led to the recent Bitcoi

Bitcoin's latest rally seems to be losing momentum. Trading below $72,000, the cryptocurrency is up about 20% from May 2024 lows. However, analysts are concerned about the sustainability of this uptrend. One analyst on X noted that this might be the weakest bull run in Bitcoin's history. The Market

Michael Saylor, founder of MicroStrategy, believes that the approval of spot Ether ETFs could benefit Bitcoin. Saylor is a strong Bitcoin supporter. His business is built on buying as much Bitcoin as possible. No wonder, he is looking for bullish signs everywhere. And he is lucky enough to find th

The UAE Agriculture Authority has banned cryptocurrency mining on farms. The decision aims to address concerns about resource allocation. Crypto mining operations are notorious for their high energy consumption. So UAE authorities want the energy on farms to be used for, well, farming. Not mining, w