The Latest Breaking News from Bitcoin

On the day of his sentencing, the price of Bitcoin plummeted from nearing $64,000 to $60,000. Such a development led the crypto community to express various thoughts on his sentence, with some predicting the digital coin won't see a bull run until the crypto mogul is released in August.

Several followers of Bitcoin maximalist Michael Saylor are not pleased that gold advocate Peter Schiff made a sarcastic comment on their crypto hero's post, with some saying the stockbroker should wait for the day when Bitcoin reaches stellar prices as gold has.

Morgan Stanley may trigger a significant shift in the way traditional banking institutions have dabbled into cryptocurrency offerings as it is reportedly exploring the possibility of allowing its brokers to recommend spot Bitcoin ETFs to clients.

The SEC is expected to reject spot Ether ETF applications next month, following recent meetings wherein the regulator's staff reportedly did not proactively engage with applicants.

In a country that has singled out crypto exchange giant Binance in its industry crackdown, more than half of the people actually trust the top digital asset Bitcoin for their financial transactions, a new survey found.

MicroStrategy's Michael Saylor has once again stirred the Bitcoin community with his latest post stating that BTC is a city, but the statement has raised the topic of high "rent" that may have become too high for small Bitcoin holders post-halving.

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Bitwise's Matt Hougan is very bullish about the path Bitcoin will take in the next four years, even with not much movement from the world's largest digital asset since its halving event.

Michael Saylor believes Bitcoin is refreshing, but some crypto users are increasingly becoming frustrated over the tech mogul's optimism, arguing that the digital asset's price has been down significantly from its $73,000 all-time high in March.