Bitcoin News

Strike secures New York BitLicense, opening bitcoin financial services to state residents
NYDFS approval allows the Bitcoin payments company to offer trading, bill pay and custody products across New York.

Bitcoin drops toward $70,000 ahead of U.S. jobs data; oil price rises on Iran war
Investors are turning more defensive as geopolitical tensions rise and key U.S. labor market data approaches.

Vancouver mayor's bitcoin investment proposal blocked by city, provincial law
Officials say the Vancouver Charter limits city reserves to government debt, bank instruments and other traditional assets.

Bitcoin and stocks stabilize after early week slide. The bond market isn’t convinced.
Risk assets recover from oil-driven selloff as rising yields pressure Fed rate-cut bets.

CleanSpark sold 97% of February bitcoin production to fund AI pivot
The cash flow generated will support the bitcoin miner's expansion into AI and high-performance computing data centers.

Core Scientific secures up to $1 billion loan facility from Morgan Stanley
The company initially closed a $500 million loan facility that includes an accordion feature allowing the total commitment to expand to $1 billion..

Bitcoin’s drawdown hasn’t shaken institutional investors yet, says CoinShares
Professional investors trimmed exposure but largely held firm during BTC’s recent slump, while long-term allocators quietly added positions, the crypto asset manager said.

Trump-backed American Bitcoin board members scoop up stock following earnings
Board members Justin Mateen and Richard Busch bought roughly 1.6 million shares after the trading window reopened following the bitcoin miner’s latest earnings report.

Chamath Palihapitiya questions bitcoin’s role as central bank reserve asset
Billionaire Venture capitalist points to privacy and fungibility concerns, while debate grows over corporate bitcoin strategies such as Strategy’s massive holdings.

Bitcoin trading firm suggests a bullish trade with a key financing twist
The strategy aims to build upside exposure in March and April while minimizing upfront cost.

