Bitcoin News
Bitcoin shakes off early decline, returns to $70,000 as Bernstein reiterates $150,000 outlook
"What we are experiencing is the weakest bitcoin bear case in its history," wrote Bernstein's Gautam Chhugani.
Bitcoin miner Cango sold $305 million of BTC during market slump to fund AI shift
The company plans to deploy modular GPU units across 40+ global sites to provide on-demand AI inference capacity for small and mid-sized businesses.
Michael Saylor's Strategy made modest bitcoin purchase at start of last week's crypto crash
The company added 1,142 bitcoin purchased for about $90 million, or an average price of $78,815 per coin.
Bitcoin mining difficulty drops by most since 2021 as miners capitulate
Miners are facing significant challenges, with bitcoin revenue per petahash falling by half from a peak of $70 to $35.
Here's how market makers likely accelerated bitcoin's brutal crash to $60,000
The invisible hands of market makers likely accelerated bitcoin's recent crash.
Takaichi Triumph: Japan’s record 56,000 Nikkei surge sends bitcoin to $72,000, gold past $5,000
Japanese mandate sparks surge in equities and safe havens.
Bitcoin bulls spot bottoming signs as longtime bears take victory laps
The Financial Times and Peter Schiff were among the no-coiners giving themselves pats on the back as crypto crashed this week.
Block weighs cutting up to 10% of jobs: Bloomberg
The company has told hundreds of employees their jobs are at risk as part of a broader overhaul.
Broad-based bitcoin accumulation emerges after sharp capitulation
Glassnode data is showing buying across all cohorts of bitcoin holders.
Bitcoin’s 50% plunge isn’t a crisis, says hedge fund veteran Gary Bode
The selloff reflects bitcoin’s built-in volatility and market misreads of Fed policy, not structural weakness, aruged Bode.
