Bitcoin News Simplified

Ripple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut

3 minutes read

• News & Events

Ripple-backed Evernorth faces 73.7 million-share selling overhang after brutal stock market debut

Evernorth filed to register 73.7 million shares for potential resale as its stock plunged following its Nasdaq...

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Altcoin profit share sinks to 12% as short-term traders take losses

4 minutes read

• News & Events

Altcoin profit share sinks to 12% as short-term traders take losses

Profit-taking among recent altcoin holders had given way to loss-taking by end-October, according to Glassnode, while fewer...

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Aave and Lido lose $1.7B in massive DeFi capital drop after the Binance hack 445

3 minutes read

• News & Events

Aave and Lido lose $1.7B in massive DeFi capital drop after the Binance hack 445

Binance’s security breach hit a crypto market whose stablecoin market was already shrinking, as DeFiLlama’s dashboard put...

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Bitcoin rockets above $80,000 for first time since Binance hack despite Democrats sweep, but a historical crash looms 2,130

4 minutes read

• News & Events

Bitcoin rockets above $80,000 for first time since Binance hack despite Democrats sweep, but a historical crash looms 2,130

Bitcoin surged more than 5% from its election-night low to reclaim $80,000 for the first time since...

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Why rising XRP whale counts are a fake bullish signal 2,560

2 minutes read

• News & Events

Why rising XRP whale counts are a fake bullish signal 2,560

A redistribution of XRP stolen from Binance created six new accounts above the one-million-token threshold on Nov....

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Polkadot lost $1.38 million after hacker exploited security flaw fixed four months earlier 2,709

4 minutes read

• News & Events

Polkadot lost $1.38 million after hacker exploited security flaw fixed four months earlier 2,709

Polkadot’s Treasury lost $1.38 million after an attacker exploited a vulnerability developers had fixed months before its...

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Bitcoin miners’ daily revenue per unit of computing power falls 8.7% 2,392

4 minutes read

• News & Events

Bitcoin miners’ daily revenue per unit of computing power falls 8.7% 2,392

Bitcoin miners face weak dollar revenue even as the mining forward market priced in little additional competition...

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Evernorth’s XRP funding plan could raise $18 million less at lower share price 1,376

4 minutes read

• News & Events

Evernorth’s XRP funding plan could raise $18 million less at lower share price 1,376

Evernorth’s route to additional XRP buying cleared a registration condition on Oct. 30, but weaker shares have...

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Bitcoin rebounds after Democratic sweep as ETF outflows weigh 686

4 minutes read

• News & Events

Bitcoin rebounds after Democratic sweep as ETF outflows weigh 686

Bitcoin rebounded above $78,000 on Wednesday after Democrats won both chambers of Congress, despite three consecutive trading sessions...

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Liquid restores 1:1 Bitcoin backing, but wallet refills remain manual 2,551

1 minute read

• News & Events

Liquid restores 1:1 Bitcoin backing, but wallet refills remain manual 2,551

SideSwap reports full L-BTC backing, while customer payouts still depend on its own Bitcoin wallet and manual...

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