Bitcoin Falls Sharply, Terra Classic, ApeCoin Among Top Losers

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the $29,100 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, but remained above the $1,800 mark this morning.

Timeline of Apecoin-ape, Bitcoin, Terra-luna

German-born programmer Stefan Thomas only has two remaining password guesses before he loses the keys to the 7,002 Bitcoin (BTC) he earned from creating a short animation video in 2011. He locked the keys to the crypto in an encrypted hard drive but has forgotten the password.

American investor and financial analyst Tom Lee expects Bitcoin price to skyrocket in the coming future, if things go as expected with the U.S. Securities and Exchange Commission (SEC) filings for exchange-traded funds (ETF). The Fundstrat analyst's comment comes at a time when the top cryptocurrency continues to maintain almost sideways pattern from the last

Prominent Bitcoin-focused X account @BTC_for_Freedom has shared its take on the policy of the U.S. securities regulator SEC regarding filings of investment funds to launch Bitcoin spot ETFs.

Binance is the biggest crypto exchange in the world, with the highest trading volume for Bitcoin (BTC), the leading cryptocurrency. The company confirmed the Bitcoin Lightning Network implementation on June 20, but after two months, Binance's activities regarding Bitcoin's second layer are still far away from its competitors.

The Bitcoin market continues to reveal trends and patterns, vital for both long-term holders and short-term speculators. Notably, since Bitcoin reached its all-time high of $69,000, speculators, who play a pivotal role in the market, now hold less of the cryptocurrency.

Bitcoin neared a breakout below $29,000 on Wednesday, ahead of the release of anticipated Federal Open Market Committee (FOMC) minutes. The minutes will show the United States Fed's reasoning behind its last rate hike, whilst also giving guidance on its future decisions. Ethereum dropped to a one-week low.

Larry Fink – the CEO of BlackRock, which recently applied to the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) – said he thinks bitcoin is akin to digital gold, and he feels it has the power to truly revolutionize the financial arena.

Hardware wallet maker Ledger has partnered with payments giant PayPal to allow users to buy crypto in its Ledger Live app through their PayPal accounts, the companies announced Wednesday.

A dormant Bitcoin (CRYPTO: BTC) wallet, featuring 1,005 BTC (equivalent to $29.7 million), has sprung back to life after lying dormant for almost 13 years. What Happened: This awakening of a long inactive wallet from the early days of Bitcoin has sparked widespread speculation and intrigue.

Coinbase has received approval to offer Bitcoin and crypto futures to investors in the US. Approval means Coinbase's US customers now have access to federally-regulated crypto futures trading, according to details the cryptocurrency exchange shared early today.