Crypto Currency

Panama City Mayor Announces Bitcoin and Ether Acceptance for Government Payments

TLDR Panama City will accept Bitcoin, Ether, USDC, and USDT for taxes and municipal fees Mayor Mayer Mizrachi announced the decision on April 15, 2025 The city partnered with a bank to immediately convert crypto to US dollars This approach bypasses previous legislative hurdles requiring payments in USD Panama City joins Colorado…

Published 1 year ago in
Panama City Mayor Announces Bitcoin and Ether Acceptance for Government Payments

TLDR Panama City will accept Bitcoin, Ether, USDC, and USDT for taxes and municipal fees Mayor Mayer Mizrachi announced the decision on April 15, 2025 The city partnered with a bank to immediately convert crypto to US dollars This approach bypasses previous legislative hurdles requiring payments in USD Panama City joins Colorado…
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Crypto Currency

Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day. The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…

Published 23 hours ago in
Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated

Bitcoin slid to a multi-month low near $65,000 on Wednesday, triggering roughly $1.8 billion in crypto liquidations as $774 million in leveraged Bitcoin longs were flushed in a single day.
The post Bitcoin Plunges to $65,000 as $1.8 Billion in Crypto Positions Are Liquidated appeared first on Crypto News Australia…
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Crypto Currency

U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…

Published 23 hours ago in
U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits

Bitcoin has just suffered a slide of over 20% from its May peak, while ETF flows are drawing significant attention in the market. U.S. spot Bitcoin ETFs recorded a 12-day
The post U.S. Spot Bitcoin ETFs Extend Record Outflow Streak to 12 Days as Nearly $4B Exits appeared first on NFT Evening…
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Crypto Currency

Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…

Published 23 hours ago in
Community Clashes Over Strategy’s First Bitcoin Sale in 4 Years as MSTR Craters 7%

Strategy Inc. sold 32 bitcoin between May 26 and May 31 for roughly $2.5 million, its first disclosed net bitcoin disposal since December 2022, according to a June 1 Form 8-K filing with the U.S. Securities and Exchange Commission (SEC). For the first time in four years…
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Crypto Currency

Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…

Published 23 hours ago in
Bleeding Bitcoin Holders Signal Stress — $60K Becomes Critical Battleground

Bitcoin’s futures market is flashing a warning that analysts say could mean more pain ahead. Open interest climbed to roughly 288,000 BTC even as prices fell, with funding rates holding positive at 0.083% — a sign that bullish bets remain in place despite the selloff, leaving the market exposed to another wave of forced liquidations…
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