Bitcoin tests old 2021 top as gold falls to six-week lows under $4.7K
In recent developments, bitcoin price correction reversed at $69,500, preserving a new higher BTC trading range as gold led a post-Fed macro asset sell-off. Looking closer, market participants highlight key…
OP_NET launches Bitcoin DeFi push without bridges or wrapped BTC
In recent developments, oP_NET has launched a “SlowFi” DeFi stack that runs smart contracts directly in standard Bitcoin transactions with BTC as the only gas asset, avoiding bridges and wrapped…
Bitcoin falls under $71K but data shows BTC’s bullish momentum holding
In recent developments, bitcoin dropped below $71,000, but the market’s tilt toward bulls holds as spot ETF inflows and BTC buying from Strategy boost investor sentiment. Looking closer, market participants…
AI Data Centers Outpay Bitcoin Mining, Triggering Major Industry Shift
In recent developments, bitcoin miners are ditching hashpower for hyperscale as multibillion-dollar artificial intelligence (AI) contracts outpay mining by a wide margin, forcing a rethink of the industry that secures…
From $76K to $71K: Is Bitcoin Losing Its ‘Safe Haven’ Status to Macro Rea…
In recent developments, bitcoin temporarily dropped below $71,000 after the U.S. Bureau of Labor Statistics reported higher-than-expected wholesale inflation, causing significant market turbulence. Macro Pressures: PPI vs. Geopolitics Bitcoin momentarily…
Court Reaffirms Bitcoin’s Status as Property but Limits Tort Claims in $172…
In recent developments, a United Kingdom High Court’s recent ruling has clarified the legal status of bitcoin, stating that while it is considered property, it cannot be subjected to traditional…
Fed holds rates amid higher inflation outlook: Bitcoin bounces to $72K
In recent developments, bitcoin’s pre-FOMC sell-off eased as the US Federal Reserve’s choice to leave interest rates unchanged was followed by a swift bounce in BTC price. Looking closer, market…
Difficulty Drop Incoming: Bitcoin Miners Catch a Break While Revenues Stay Ugly
In recent developments, bitcoin’s miners just got hit with a one-two punch—price slipping under $71,000 and network difficulty preparing to ease up like a bouncer who suddenly stopped caring. Bitcoin’s…
Bhutan offloads an additional $72.3M Bitcoin amid market downturn
In recent developments, after the Kingdom of Bhutan’s BTC reserve peaked in October 2024, when it held more than 13,000 coins, it has been pared to just 4,400 Bitcoin. Looking…
Bitcoin dips to $72K on hot US PPI inflation hours before Fed FOMC meeting
In recent developments, bitcoin price action fell to week-to-date lows with Bitcoin caught between high US inflation and nerves over Fed policy hints at the day’s FOMC meeting. Looking closer,…
