Crypto Currency

HTC’s new, cheaper blockchain phone will run a full Bitcoin node

HTC is doubling down on its blockchain phone idea.  The company has announced a new blockchain phone called the Exodus 1s. Compared to its predecessor, the $699 Exodus 1, the Exodus 1s is a cheaper phone, but it also brings an important feature that was promised from the get-go: full Bitcoin node capability.  SEE ALSO:…


HTC is doubling down on its blockchain phone idea. 

The company has announced a new blockchain phone called the Exodus 1s. Compared to its predecessor, the $699 Exodus 1, the Exodus 1s is a cheaper phone, but it also brings an important feature that was promised from the get-go: full Bitcoin node capability. 

Launched on Saturday by HTC’s Decentralized Chief Officer Phil Chen (I just love that title) in New York, the HTC Exodus 1s will cost around $250 to $300 when it launches in the third quarter of 2019. 

No specs were revealed, but the important news is that every Exodus 1s phone will have full Bitcoin node capabilities. This may sound somewhat arcane even for cryptocurrency users, the vast majority of whom don’t run a full node, but it has important implications for the Bitcoin ecosystem. 

“Full nodes are the most important ingredient in the resilience of the Bitcoin network and we have lowered the barrier to entry for any person to run a node, which is simply a computer, mobile in our case, participating in a global bitcoin network that propagates transactions and blocks everywhere, which is the foundation and fundamental definition of a peer-to-peer cash system,” Chen said in a statement. 

HTC's first blockchain phone, Exodus 1, had a beautiful see-through design on the back. Hopefully, the Exodus 1s will follow suit.

HTC’s first bl

Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Currency

Bitcoin falls into a technical no man’s land as major support levels sit miles away

Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000…

Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000…
Read More

Continue Reading
Crypto Currency

Historical Performance Says Bitcoin Price Will Not Bottom Until It Touches This Level

Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300.  Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom

Crypto analyst Chain Mind has indicated that the Bitcoin price has yet to bottom. He alluded to historical performance, which shows that BTC has never bottomed without touching the EMA 300.  Bitcoin Price Unlikely To Bottom Before Touching This Level In an X post, Chain Mind indicated that the Bitcoin price is unlikely to bottom out without first touching the EMA300…
Read More

Continue Reading
Crypto Currency

Bitcoin’s recovery looks fragile as institutional participation falls: What now?

Bitcoin markets increasingly relied on leverage-driven momentum as ETF flows and U.S. Spot demand gradually weakened…

Bitcoin markets increasingly relied on leverage-driven momentum as ETF flows and U.S. Spot demand gradually weakened…
Read More

Continue Reading
Crypto Currency

Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks

Markets Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks. By Omkar Godbole May 23, 2026, 10:19 a.m. 1 min read Make preferred on Share Share this article Copy link X icon X

Markets

Bitcoin tanks to $74,300 as spot ETFs bleed $2.26 billion in two weeks

U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.

Make preferred on

Share this article
X iconX (Twitter)LinkedInFacebookEmail

Make preferred on

BTC's price slide. (CoinDesk)
Summary

  • Bitcoin has fallen to about $74,300, more than 10% below its early May peak, as rising U.S. and global bond yields sap demand for riskier, zero-yield assets.
  • U.S.-listed spot bitcoin exchange-traded funds have seen more than $2.26 billion in outflows over the past two weeks.
  • Speculative capital focuses on commodities exposed to potential supply disruptions and to pre-IPO bets on SpaceX.

Bitcoin is rapidly losing ground as investors pull out billions of dollars from U.S.-listed spot ETFs.

The world’s largest cryptocurrency fell to $74,305 early Saturday, its lowest level since April 20, according to CoinDesk data. As of writing, BTC was down more than 3% over the past 24 hours and approximately 10% below its recent high of over $82,500 reached on May 6.

The sell-off accompanies a notable upswing in U.S. Treasury yields and parallel increases in government bond yields across developed markets, which are reducing appetite for high-risk, zero-yielding assets like bitcoin.

Investors withdrew $1.26 billion from U.S. spot Bitcoin ETFs this week, the largest single-week outflow since January, following roughly $1 billion in outflows the previous week. In total, the funds have seen more than $2.26 billion in redemptions over the past two weeks.

Meanwhile, commodities such as oil, copper, and sulfur are seeing strong flows of speculative money as markets continue to price in potential supply disruptions through the Strait of Hormuz due to the Iran conflict.

One theory also points to capital being redirected toward SpaceX’s anticipated IPO, with several blockchain-based pre-market derivatives tied to the event already seeing millions in trading volume on blockchain-based platforms.

Bitcoin News
Related Assets
Bitcoin$63,254.03

0.81%
Bitcoin News
Related Assets
Bitcoin$63,254.03

0.81%

Latest Crypto News
  1. 1
    Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play

  2. 2
    Bitcoin’s recent macro relief faces a challenge from Japanese interest rates

  3. 3
    Live markets: Bitcoin and ether ETFs drew inflows on Monday

  4. 4
    BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

  5. 5
    XRP stalls near $1.14 as breakout attempt struggles for volume

  6. 6
    Bitcoin drops after a run at $64,000, shrugging off Strategy’s $213 million BTC sale

  7. 7
    Bitcoin’s U.S. reserve still a work-in-progress as federal agencies hash it out

  8. 8
    Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows

  9. 9
    Strategy selling hundreds of millions worth of bitcoin raises question about its capital-allocation playbook

  10. 10
    Ethereum developers embrace Vitalik Buterin’s long-term vision but urge quicker execution

Latest Research
CoinDesk

Building the Zcash Machine: Tachyon and Quantum Readiness

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

Why it matters:

Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold.

View Full Report
More From Markets
Binance

Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play

Trading prices displayed on a monitor screen.( AhmadArdity /Pixabay)

Bitcoin’s recent macro relief faces a challenge from Japanese interest rates

A BONK ad in Salt Lake City (Danny Nelson/CoinDesk)

BONK faces $20 million treasury drain after attacker spends $4 million to pass malicious proposal

More From Bitcoin
Binance

Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play

Trading prices displayed on a monitor screen.( AhmadArdity /Pixabay)

Bitcoin’s recent macro relief faces a challenge from Japanese interest rates

List of prices with up/down arrows and percentage change (geralt/Pixabay)

Live markets: Bitcoin and ether ETFs drew inflows on Monday

!–>!–>
Read More

Continue Reading