Key points: Bitcoin has broken below the psychological support at $100,000, opening the gates for a potential sell-off to $87,800. Several major altcoins are approaching their support levels but have failed to bounce with strength, […]
Singapore-based cloud Bitcoin miner BitFuFu doubled its third-quarter revenue from the previous year, driven by demand for cloud mining and equipment as miners sought to capitalize on the rising price of Bitcoin. Total revenue increased […]
Japan’s Financial Services Agency (FSA) is preparing an overhaul of the country’s crypto regulatory framework, moving to classify digital assets as “financial products” under the Financial Instruments and Exchange Act. The plan would introduce mandatory […]
Key takeaways: Bitcoin softened as tech sector weakness spilled into crypto markets, reducing risk appetite and limiting demand for bullish leverage. Persistent spot Bitcoin ETF outflows and targeted sales from a 2011 holder exacerbated downward […]
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Key Takeaways Despite Anthony Scaramucci’s public break with Donald Trump, he and his son AJ invested heavily in American Bitcoin. The move signals growing institutional confidence in the long-term value of Bitcoin and its mining […]
Key Takeaways Major technology companies, particularly those focused on AI, lost $1.5 trillion in market value within 48 hours. Prominent firms affected included Nvidia, Microsoft, Palantir, Tesla, Amazon, Intel, AMD, Oracle, Alphabet, and IBM. Share […]
Key Takeaways Bitcoin profits are currently declining, signaling continued market weakness. Altcoin profits, while weak, have stabilized, diverging from Bitcoin’s performance. Share this article Bitcoin profits are declining while altcoin profits stabilize during a deep […]
TLDR BitMine has appointed Chi Tsang as its new CEO and board member, succeeding Jonathan Bates. Tsang was previously the founder of venture fund m1720 and spent a decade at HSBC. The company also added […]
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