Bitcoin News

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters
Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.

$80K Bitcoin Put Now Most Popular Bet
The $80K BTC put is now the most popular options play on Deribit.

Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate
The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way.

Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14%
Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.

VanEck CEO Concerned About Bitcoin's Encryption and Privacy, Says Firm Could Walk Away
Jan van Eck questioned whether Bitcoin offers enough encryption and privacy, saying some longtime holders are examining Zcash as the market reassesses long-term assumptions.

Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand
Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.

Bitcoin Greed & Fear Index Shows Extreme Pessimism, Tactical Bottom May Be Near: Analyst
Peak fear suggests a tactical low may be near.

Michael Saylor Speaks Out Again as MSCI Concerns Mount
JPMorgan warning on potential MSCI exclusion sparks fresh pressure, prompting another public response from the executive chairman.

U.S. House Bill Would Allow Federal Taxes in BTC While Aiding U.S. Reserve
Rep. Warren Davidson introduced legislation that allows bitcoin tax payments without incurring capital gains to beef up the U.S. Strategic Bitcoin Reserve.

BTC Traders Brace for Price Crash to $75K; No Bottom Seen: Research Firm
Put options have dominated trading activity over the past week.
