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Santa Monica has established an official Bitcoin office. The city council unanimously approved a pilot program in partnership with Proof of Workforce, a nonprofit organization. The initiative comes at no cost to the city. The office has four primary objectives. These include Bitcoin education, touri

ARK Invest CEO Cathie Wood believes Bitcoin's bull market is only halfway through. Her team's analysis suggests the crypto asset still has room to run. So don't be distracted by recent price hurdles, we are still going up, Wood says. Wood shared her insights in a recent YouTube chat with tech entrep

The Bitcoin mining industry is facing challenges. This could be a bullish sign for Bitcoin's price, based on historical data. Bitcoin's total hash rate has declined. It dropped from 658 exahashes per second (EH/s) in late May to 556 EH/s on June 28. This data comes from Hashrate Index. Hash rate mea

Interoperability protocol ZKM has announced plans for a new Bitcoin Layer 2 solution named GOAT Network. It aims to be the first decentralized Bitcoin Layer 2 with shared network ownership. You've probably never heard of Layer 2 solutions of this kind, and yet it is set to launch in Q3 this year Kev

On-chain data reveals significant selling activity by Bitcoin whales. This movement potentially contributed to BTC's recent bearish trend, at least that seem to be the most plausible explanation. Analyst Ali highlighted the trend on social media platform X. He referenced Santiment's "Supply Distribu