Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and highperformance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pureplay operators.…
The bitcoin price level where leveraged bulls could get whacked
Bulls are stacking longs, liquidity is thinning and one key level could trigger large liquidations. Source:CoinDesk
Bitcoin price drops to $62.5K as trader warns weekly close may spark more losses
Bitcoin falls further toward new August lows, ignoring positive US inflation trends while US stocks continue to circle alltime highs. Source:Cointelegraph
Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
The thesis is that high yields on longterm U.S. Treasuries make nonyielding assets like bitcoin less attractive. Source:CoinDesk
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.…
Bitcoin drops to one-week low as retail buys gold at highest prices since June
Bitcoin price action sank to oneweek lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks.…
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit monthtodate highs above $65,000 as riskassets gained on low US nonfarm payrolls data. Source:Cointelegraph
Bitcoin price coils under $65K as US PMI data brings new ‘stagflation’ warning
Bitcoin price action stayed compressed in an ongoing divergence from stocks and gold while US PMI data sparked fresh talk of “stagflation.” Source:Cointelegraph
Strategy’s STRC rebounds 30% as company builds cash reserve, bitcoin price stabilizes
Bitcoin sales, what is now a $4 billion cash reserve, and a $975 million repurchase program, have supported STRC’s recovery. Source:CoinDesk
Bitcoin price sinks to 2-week lows as US stocks fail to copy Asia rebound
Bitcoin saw fresh downside pressure as US stocks tracked sideways into the end of the month, diverging from the relief bounce seen in Asia. Source:Cointelegraph
Strategy books $8.2 billion Q2 loss on bitcoin price decline
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its…
Bitcoin price wedged into ‘most divided’ FOMC as Iran war spikes oil prices 8%
Bitcoin traders weathered an oilprice surge and ongoing Asia chipstock selloff into the Federal Reserve interestrate decision. Source:Cointelegraph