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Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost

Bitcoin short-term holders are currently holding a 3% unrealized loss but it “isn’t the end of the world,” according to a crypto analyst. Source: https://cointelegraph.com/rss Bitcoin 4% dip may ‘panic’ short-term holders as price falls below average cost

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BlackRock’s Bitcoin ETF sees first outflow day as US ETFs notch record bleed

BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows. Source: https://cointelegraph.com/rss BlackRock’s Bitcoin ETF sees first outflow day as US ETFs notch record bleed

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US probes Jack Dorsey’s Block, Inc. over financial transactions: Report

U.S. prosecutors are reportedly investigating the fintech firm after a whistleblower claimed it processed thousands of transactions for users from sanctioned countries and terrorist groups. Source: https://cointelegraph.com/rss US probes Jack Dorsey’s Block, Inc. over financial transactions: Report

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MicroStrategy to launch Bitcoin-based decentralized ID solution

MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender. Source: https://cointelegraph.com/rss MicroStrategy to launch Bitcoin-based decentralized ID solution

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Bitcoin miner Riot Platforms reports record $211M Q1 net income

Riot’s net income was boosted by a 131% year-on-year increase in Bitcoin’s price despite the cryptocurrency becoming more difficult and expensive to mine. Source: https://cointelegraph.com/rss Bitcoin miner Riot Platforms reports record 1M Q1 net income