Bitcoin’s $7K Drop Sends Miner Revenues to April Lows
On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right…
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‘Strategic Asset Reallocation’: Sequans’ Bitcoin Sale Gets Roasted Online
Sequans Communications S.A., a firm that adopted bitcoin as its primary treasury reserve asset, confirmed the sale of 970 BTC to reduce debt and strengthen its balance sheet. The move…
Legacy Wallets Drive Bitcoin’s November Pullback
Bitcoin kicked off November with a drop below $108,000 as long-term holders moved large sums to exchanges, signaling profit-taking. Despite the selling pressure, BTC’s resilience above the $100,000 level underscores…
Bitcoin Price Watch: Holding the Line at $103K or Facing the Abyss?
Bitcoin danced on the edge of a cliff Tuesday, teetering just above critical support at $103,500, and investors felt the tension. With heavy sell-side volume and technical signals flashing red…
BTC Plummets to $104K: $1.32 Billion Liquidated Amid Market FUD and Collapse Warnings
The crypto economy kicked off the second day of the week in a downturn, with bearish sentiment resulting in a 3.2% decline in total market capitalization, dropping to $3.55 trillion.…
NIP Group to Generate 160 BTC Monthly After Major Infrastructure Deal
Nasdaq-listed NIP Group Inc, is expanding its bitcoin mining operations, increasing its total capacity to approximately 11.3 EH/s and is projected to generate around 160 per month. NIP Group Scales…
Strategy Pushes Bitcoin Holdings to 641,205 BTC, Achieves 26.1% BTC Yield
Strategy Inc. is ramping up bitcoin accumulation with fresh purchases that extend its record-breaking holdings, signal unshakable conviction in digital assets, and strengthen its position as the definitive institutional leader…
Lava Debuts Bitcoin-Backed Line of Credit, Secures $200M Funding
Lava, a bitcoin-focused financial platform, disclosed it has raised $200 million and launched a global bitcoin-backed line of credit (BLOC) offering borrowing rates starting at 5%, marking an expansion in…
ETF Recap: Bitcoin ETFs Bleed $799 Million as Solana ETFs Soar in Debut Week
The final week of October delivered a mixed performance for crypto ETFs. Bitcoin funds bled nearly $800 million, ether products held steady with modest inflows, and solana ETFs stole the…
Bitcoin Dips as Polymarket Predicts a Decisive Zohran Mamdani Victory
The prediction market has assigned Zohran Mamdani a 93% probability of becoming New York City’s next mayor. Bitcoin Slips as Traders Fret Over Potential Mamdani Win Democratic socialist Zohran Mamdani…
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