Gomining’s Kirill Solovev Says Bitcoin Mining Trades at a Discount, Urges N…
In recent developments, as Bitcoin miners are increasingly monetizing their power allocations and cooling infrastructure for artificial intelligence, Gomining founder Kirill Solovev argues that pure-play infrastructure remains severely undervalued. The…
Bitcoin Bounces 1.64% as Traders Eye 64K Breakout Zone
In recent developments, bitcoin trades at $63,629, up 1.64% over the past 24 hours, as the asset holds a recovery range carved out after a sharp selloff from roughly $81,600…
Strive Blames Leverage Liquidations After SATA and Bitcoin Giant Strategy’s S…
In recent developments, the disastrous day for Bitcoin firms’ preferred equity offerings may have been due to unwinding of leveraged positions in STRC and SATA. Looking closer, market participants highlight…
JPMorgan Says 20% of Miners Operating at a Loss as Bitcoin Trades Below Produ…
In recent developments, jPMorgan analysts say bitcoin has traded below its estimated production cost for five straight months, pushing about 20% of miners into unprofitable territory. Public miners have responded…
Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?
In recent developments, bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000. Looking closer, market participants highlight key…
Franklin Templeton files ETFs that turn stock dividends into Bitcoin exposure
In recent developments, the proposed funds would allocate stock dividends to Bitcoin-linked investments, using a dividend reinvestment strategy to build crypto exposure over time. Looking closer, market participants highlight key…
Bitcoin activity nears record highs on microtransaction surge
In recent developments, near-record OP_RETURN usage is driving a surge in low-value Bitcoin transactions, pushing Bitcoin network activity close to all-time highs despite muted price action. Looking closer, market participants…
Bitcoin tipped for Q3 ‘macro bottom’ near $50K as major liquidity grab looms
In recent developments, bitcoin market participants may be left in “complete disbelief” as the market reverses from a liquidity grab without another major leg lower, a trader predicted. Looking closer,…
Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%
In recent developments, bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran. Looking…
