Bitcoin News

Bitcoin News

Finance

Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave

Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.

Core Scientific's Marble facility in North Carolina. (Core Scientific)

Tech

Bitcoin Layer 2 Ark Protocol's Team Forms New Firm as Lightning Network Competitor

Layer-2 protocol Ark is built to allow off-chain payments in a way that avoids what creator Burak Kecli referred to as "inbound liquidity" problem of Lightning.

Ark (Greg Reese/Pixabay)

Markets

First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens

The latest price moves in crypto markets in context for June 4, 2024.

BTC price, FMA June 4 2024 (CoinDesk)

Markets

Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment

On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.

(16:9 CROP) Bull and Bear (Rawpixel)

Markets

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

Bitcoin price on June 3 (CoinDesk)

Markets

First Mover Americas: Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus

The latest price moves in crypto markets in context for June 3, 2024.

BTC price, FMA June 3 2024 (CoinDesk)

Markets

Bitcoin Breaks to Low End of Trading Range, but June Data Could Be Next Catalyst

Barring a big late move, May will still go down as a strong month for the world's largest crypto.

Where in the cycle is bitcoin price? (Emily Morter/Unsplash)

Markets

First Mover Americas: Crypto Market Flat Ahead of U.S. Inflation Data

The latest price moves in crypto markets in context for May 31, 2024.

CD20 FMA, May 31 2024 (CoinDesk)

Markets

Bitcoin's Short Term Momentum Flips Bearish; Support Under $65K

The 50-day simple moving average marks major support at $64,870.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

Markets

Bitcoin Is Still Strong, but Macro Factors Pose Risk, Crypto Analyst Says

Hardening government bond yields post a risk to risk assets, including cryptocurrencies, one crypto observer said.

(WOKANDAPIX/Pixabay)