Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company's wholly owned Canadian subsidiary, regulatory filings show.
Could quantum computers break Bitcoin's cryptography? Project Eleven's Q-Day Prize challenges experts to find out — and offers 1 BTC for the first success!
U.S. hits China with 245% tariffs, fueling global tension. Will Bitcoin rally as a safe haven? Here's what the charts say about BTC's next move. The post Will Bitcoin Explode as US Slaps 245% Tariffs on China? Here's the Price Outlook appeared first on Cryptonews.
Bitcoin (CRYPTO: BTC) investors are facing unprecedented pressure as Glassnode data shows the largest unrealized losses on record, concentrated among new market participants. Despite Bitcoin's relative price resilience, capital inflows have slowed, and liquidity continues to tighten across the digital asset landscape.
Bitcoin ETFs and whales like Strategy are creating price stability as institutional inflows replace retail speculation in BTC markets.
Binance CEO Richard Teng made a statement about Bitcoin in a recent tweet. Teng stated in an X post that Bitcoin is "the only truly neutral currency—available 24/7 worldwide, without bias or borders.
Oklahoma's Senate has voted against the Strategic Bitcoin Reserve (SBR) bill introduced in January, leaving it out of the race to establish crypto-based reserves at the state level in the US.
In today's crypto for advisors, Todd Bendell from Amphibian Capital breaks down bitcoin yield products as a strategy to grow bitcoin holdings beyond price appreciation.
BTC has been shaky in the uncertainty surrounding Trump's tariffs. The World Trade Organization warned they could be a "brake on global growth.
Crypto exchange Binance is now actively assisting several countries in drafting crypto regulations and establishing national digital asset reserves, according to CEO Richard Teng. What Happened: The move comes amid shifting global sentiment following the United States' more favorable stance on cryptocurrencies under President Donald Trump, the Financial Times reported on Thursday.
Welcome to the US Morning Crypto News Briefing—your essential rundown of the most important developments in crypto for the day ahead.
The crypto market continue to waver this week as fears of a downturn in the United States remain. Ethereum has stalled below $1,500, while Bitcoin and Ripple have remained in a narrow range.
While there are still two weeks until the end of April, Bitcoin miners managed to net stack approximately 759 BTC, the first positive month since January. Daily net flow dropped from a +1,175 BTC inflow on Apr. 6 to a -1,627 BTC outflow on Apr. 7, mirroring Bitcoin's rapid dip.
The Bitcoin (BTC) bottom is in, according to the crypto analytics firm Swissblock. The firm notes on the social media platform X that sometimes the top crypto asset just needs time to consolidate. “For consolidation to continue, Bitcoin may need to revisit the $80,000–$82,000 zone.
The crypto market is going nowhere at the moment, stabilizing instead of rallying or crashing. However, this is not stopping meme coins from noting extravagant rallies as displayed by MANEKI.
Bitcoin's (BTC) price failed another attempt at breaking above resistance at $86,000 on April 16 as Fed Chair Jerome Powell dashed hopes of early rate cuts, citing the impact of Trump's tariffs. Since April 9, BTC price has formed daily candle highs between $75,000 and $86,400, but has been unable to produce a close above $86,000.
Bitcoin is pressing against key resistance levels again, showing resilience after a deep March correction. While price structure is stabilizing, miner behavior and overall momentum suggest the next directional move could be decisive.
Bitcoin's hashrate hit a record high above 1 sextillion hashes per second after the latest halving, but plunging miner revenues and rising difficulty have forced many miners to sell more BTC to cover operational costs. The post Bitcoin Hashrate Hits All-Time High: Are Bitcoin Miners Dumping to Stay Afloat? appeared first on Cryptonews.
The rise of American exchange platforms, favorable technical indicators, and the reduction in supply are creating a dynamic that could propel Bitcoin to unprecedented highs by the end of 2025.
In its recent report, banking behemoth JPMorgan has concluded that Bitcoin has failed as a safe-haven asset amid the recent tariff-induced mayhem.
TL;DR Lombard Finance launched an SDK that allows wallets and exchanges to offer BTC staking with a liquid token (LBTC) and a 3% annual yield. The tool aims to activate up to $154 billion in idle BTC held on centralized platforms, creating new revenue streams without altering custody.
Michael Saylor, a vocal Bitcoin proponent and the founder of the BTC-powered behemoth Strategy, has taken to social media to draw the crypto community's attention to the Bitcoin price striving to make another big step to the North.
Bitcoin (CRYPTO: BTC) has been trading sideways over the past 30 days, prompting a debate about when the next strong trend will emerge. What Happened: On-chain analytics firm CryptoQuant on Wednesday analyzed the sell-side pressure impacting Bitcoin over the past two weeks.
Bitcoin exchange-traded funds (ETFs) saw their recovery come to a sharp halt on Wednesday, April 16, logging a $170 million net outflow led by major withdrawals from Fidelity and Ark 21shares. Ether ETFs stayed firmly in the red, recording their seventh straight day of outflows.
Bitcoin may be trapped beneath the gravitational pull of forced deleveraging, but macro strategist and Forward Guidance host Felix Jauvin insists that the clearing of risk books is no more than “the prelude to an incredible trade once the degrossing is over.” In a thread on X, Jauvin stitches together fiscal arithmetic, global liquidity metrics and the geopolitics of trade to argue that the next great impulse for BTC will arrive when capital flows that have underpinned US asset dominance reverse and re‑seed risk appetite abroad.
Data shows the Bitcoin Accumulation Trend Score has seen a rise to the highest point of the year. Here's what this could mean for the asset's price.
Mike McGlone, the senior commodity strategist at Bloomberg Intelligence, has published a post on the X social media platform to reveal an ominous prospect that Bitcoin is facing at the moment.
The largest cryptocurrency is trading below the high of $86,000 and above the support of $82,000.
Bitcoin continues to look a bit flat at the moment, as we have no real traction going forward. Ultimately, this is a situation where we are simply sitting on the sidelines and waiting to see where risk appetite goes.
Bitcoin (BTC 1.16%) has sometimes been referred to as "digital gold," suggesting that it can be a safe haven type of investment, and that it can help hedge against volatility in the stock market. But is that really the case?
Bitcoin (BTC) mining is the next sector to feel the effects of the US-China tariff war. Miners are seeking workarounds, as the status of ASICs and mining rigs remains unclear.
Coinbase Premium rebounds as U.S. traders reenter the market as Bitcoin steadies, with signs pointing to a potential broader crypto breakout.
Federal Reserve Chairman Jerome Powell was rather hawkish in a speech on Wednesday. He said that because the tariffs were larger than the market expected, the economic effects would also be bigger.
Binance is reportedly guiding several governments on establishing strategic Bitcoin reserves and developing clear crypto regulations. In an April 17 interview on Financial Times, Binance CEO Richard Teng disclosed that multiple countries have approached the exchange for its expertise in navigating crypto-related initiatives.
TL;DR Babylon recorded the largest withdrawal in its history with 14,929 BTC leaving the protocol, drastically reducing its locked funds. The drop coincided with the launch of Genesis L1 and the debut of the BABY token, which quickly lost value after the end of promotional trading.
Bitcoin holds support near $84.6K as Blockdaemon, Bitwise, and Panama City drive institutional credibility. Traders eye $85.5K breakout for upside targets. The post Bitcoin Holds Strong Near $84.6K— Panama & ETFs Fuel Bulls appeared first on Cryptonews.
Binance is working with governments on Bitcoin reserves and crypto policies as Trump's support for digital assets sparks global interest.
For companies like Luxor Technology, which imports machines from Thailand, the proposed tariff hike could be devastating. The post Trump's Tariffs Threaten U.S. Bitcoin Mining with Up to 36% Import Duties on Asian Machines appeared first on Cryptonews.
The recent study argued Bitcoin mining in the U.S. significantly contributes to cross-state air pollution, impacting 1.9 million Americans.
The crypto market outlook during the Asian session on April 17 showed both resilience and notable volatility. As Bitcoin (BTC) held firm above $84,000 despite external pressures, altcoins like Raydium (RAY) and Hyperliquid (HYPE) posted impressive double-digit gains. Meanwhile, Ethereum (ETH) faced resistance, and MANTRA (OM) struggled to regain momentum.
TL;DR Sideways Trading: Bitcoin continues to consolidate around the $85K mark, fluctuating between $83K and $86K, which may be setting the stage for an imminent breakout. Shifting Sentiment: Santiment's social media sentiment has turned bullish, with scores rising from a neutral 1.606 to a confident 1.973, reflecting renewed optimism among traders.
If this stealthy accumulation continues, BTC could soon push past $88K—and maybe even test $90K.
Bitcoin (BTC) price has been consolidating within a narrow channel between $83,200 and $85,800. According to crypto analyst Titan of Crypto, the top cryptocurrency may soon witness a shift in momentum as the Moving Average Convergence Divergence (MACD) indicator recently flashed a bullish cross.
Lombard Finance, a Bitcoin infrastructure developer, has launched a software development kit (SDK) that allows wallets, exchanges, and other platforms to offer one-click bitcoin (BTC) staking.
The crypto market had a mixed day on Thursday after US Fed Chair Jerome Powell warned that new tariffs could slow economic growth and push inflation higher. Bitcoin went up slightly to $84,312, and Ethereum also gained a bit to $1,596. The overall crypto market cap rose just a little to $2.64 trillion.
Bitcoin's computing power has surged to record levels, even as miners ramp up BTC sales to cope with shrinking profit margins.
Former SEC Chair Gary Gensler stated on Wednesday that Bitcoin (CRYPTO: BTC) is driven almost entirely by sentiment rather than fundamentals. Reflecting on the cryptocurrency market, Gensler cautioned investors about the risks associated with assets lacking solid economic grounding, contrasting Bitcoin with thousands of other tokens.
Despite global macroeconomic headwinds, some assets, including Bitcoin, continue to outperform traditional investments.