Bitcoin has maintained its upward momentum since the week started, signaling renewed interest and optimism in the market. The asset reclaimed the $88,000 price level on Monday and continues to trade above this zone, marking a nearly 10% rise in value over the past seven days. The steady price recovery comes after weeks of retracement,…
Crusoe Energy, a company that captures waste gas from oil to power high-performance compute, is selling its Bitcoin mining business to New York Digital Investment Group (NYDIG) to focus on artificial intelligence. In a March 25 announcement, Crusoe said it plans to sell its Bitcoin (BTC) mining operation, including its digital flare mitigation business, to…
A memecoin named after GameStop Corp. GME skyrocketed to triple-digit gains Tuesday after the video game retailer adopted Bitcoin BTC/USD as a treasury reserve asset. What happened: BNB Chain BNB/USD-based GameStop Coin (GME) soared 467% in the last 24 hours, dwarfing returns by blue-chip cryptocurrencies like Bitcoin and Dogecoin DOGE/USD. The latest uptick widened the…
Bitcoin price started a steady increase above the $86,500 zone. BTC is now correcting gains and might find bids near the $87,000. Bitcoin started a decent recovery wave above the $87,000 zone. The price is trading above $86,800 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support…
An analyst who accurately called Bitcoin’s correction in early 2024 believes BTC remains in a bull market after bouncing from a 2025 low of $76,000. Pseudonymous analyst Rekt Capital tells his 542,00 followers on the social media platform X that Bitcoin’s current bull market cycle has yet to reach a peak. “BTC bull market progress:…
Given that it’s a currency outside the command of any government or central bank, Bitcoin (BTC 0.55%) is inherently an outsider’s challenge to the traditional financial system. And Strategy (MSTR 1.75%), formerly known as MicroStrategy, is all-in. It calls itself “the world’s first and largest Bitcoin Treasury Company” and says it has “adopted Bitcoin as…
A memecoin named after GameStop Corp. GME skyrocketed to triple-digit gains Tuesday after the video game retailer adopted Bitcoin BTC/USD as a treasury reserve asset. What happened: BNB Chain BNB/USD-based GameStop Coin (GME) soared 467% in the last 24 hours, dwarfing returns by blue-chip cryptocurrencies like Bitcoin and Dogecoin DOGE/USD. The latest uptick widened the…
Given that it’s a currency outside the command of any government or central bank, Bitcoin (CRYPTO: BTC) is inherently an outsider’s challenge to the traditional financial system. And Strategy (NASDAQ: MSTR), formerly known as MicroStrategy, is all-in. It calls itself “the world’s first and largest Bitcoin Treasury Company” and says it has “adopted Bitcoin as…
BlackRock has launched a new Bitcoin exchange-traded product in Europe through its iShares fund service as issuers push forward on efforts to create crypto-focused products following the success of U.S.-based Bitcoin funds. The iShares Bitcoin ETP (IB1T) is listed on German, French, and Dutch stock exchanges, according to a prospectus on the iShares website. “Each…
Auradine has launched the Teraflux AH3880, a hydro-cooled Bitcoin miner designed and manufactured in the United States. Auradine has launched the Teraflux AH3880, a hydro-cooled Bitcoin miner designed and manufactured in the United States. The company aims to address the challenges of rising computational demands, increasing energy costs, and dependence on foreign hardware suppliers. With…