Bitcoin Miners Turn to AI Workloads Amid Shrinking Crypto Margins
TL;DR Large US mining firms are accelerating a shift toward AI data centre hosting as Bitcoin mining margins shrink, securing long-term AI infrastructure deals that significantly
bitcoin (Latest Publications)
Bitcoin (BTC) is a digital currency created in 2009 by an unknown person using the alias Satoshi Nakamoto. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer Bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a publicly distributed ledger called a blockchain
JPMorgan Increases Its Investment in BlackRock’s Bitcoin ETF to $343 Million
TL;DR JPMorgan Chase expanded its investment in BlackRock’s spot Bitcoin ETF to 5.28 million shares valued at $343 million. IBIT has accumulated $64.4 billion in net
JPMorgan Forecasts Bitcoin Could Reach $170K Within 6–12 Months
TL;DR JPMorgan estimates that Bitcoin could reach $170,000 in six to twelve months. The price of Bitcoin falls 1.6% in 24 hours to nearly $101,000. JPMorgan
Bitcoin Bulls Return as Crucial Metric Turns Positive
TLDR A key metric, the Bitcoin Bid & Ask Ratio, has turned positive (+0.2) for the first time in months. This indicates that buy-side liquidity (bids)
Samson Mow: Governments Will Seek Bitcoin for Value, Just Like Gold
TL;DR Samson Mow, CEO of Jan3, said governments will adopt Bitcoin because they will treat it as a strategic asset, just as they did with gold
Market Update: Billionaires Offload Bitcoin Amid Sub-$100K Drop
TLDR A Glassnode chart shows a high density of BTC transactions exceeding $100 million and $500 million. These sales originate from wallets inactive for over seven
Robinhood Considers Bitcoin Treasury as Analysts Forecast 12% Stock Surge
TL;DR Analysts expect Robinhood’s stock to rise around 12%, reflecting stronger confidence in its crypto strategy and solid earnings momentum. The company confirmed it is evaluating
On-Chain Data Shows Whale Bitcoin Accumulation Amid Market Correction
Large Bitcoin whales have increased their BTC balances during the latest market pullback, according to on-chain data shared today by analysts at CryptoQuant and Glassnode. The
Bloomberg Analyst Warns: Bitcoin Could Plunge 50% If $100K Breaks
TLDR Mike McGlone (Bloomberg) identifies $100K as Bitcoin’s critical support to prevent a major collapse. McGlone warns of a high correlation (0.53) with the S&P 500,
Tether Expands Bitcoin Holdings: $97M Purchase Detected in Latest Downturn
TL;DR Stablecoin issuer Tether reportedly acquired approximately $97 million worth of Bitcoin during a recent price dip, signaling opportunistic accumulation amid weakness. This purchase appears outside
Ads
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
