Thai authorities have raided a large Bitcoin mining operation in Chonburi, which was found to be illegally using electricity by tampering with power meters. The operation, which caused major financial losses estimated in the hundreds of millions of Baht, was dismantled on January 9, 2025.

Bitcoin held by U.S. firms far exceeded reserves boasted by offshore counterparts as spot ETFs, and Trump's win unlocked a wave of capital.

U.S. authorities have not executed any new Bitcoin sales, despite reports of the DOJ authorizing a massive offload.

Today, the Bitcoin Students Network launches its "Layer Zero" program to empower youths globally to collaboratively build and strengthen Bitcoin's "social layer".

Grayscale increases Bitcoin and Ethereum allocations to 90% in its large cap fund during Q4 adjustments, with Cardano replacing Avalanche. The post Grayscale adjusts large cap fund increasing Bitcoin and Ethereum allocations to 90% appeared first on Crypto Briefing.

The price of Bitcoin has fallen by 2% today, with its drop to $93,522 coming after sources confirmed that the US Department of Justice has legal approval to sell 69,370 BTC. The post $6.5 Billion in Bitcoin Could Hit the Market Soon – Will BTC Fall to $10,000? appeared first on Cryptonews.

SB325 proposes voluntary Bitcoin adoption for employees and businesses.

Cryptocurrency analysts are expressing caution about Bitcoin‘s (CRYPTO: BTC) near-term price action, pointing to continued government sell-offs, market liquidity issues and the uncertainty surrounding the altcoin market as bearish factors. What Happened: Pseudonymous analyst Altcoin Sherpa indicated lack of buying pressure, cautioning about selling pressure due to the government's ongoing Bitcoin liquidation.

The Nasdaq-listed cryptocurrency miner reached 10,097 Bitcoins in its treasury, all mined through U.S.-based operations.

President Nayib Bukele hinted at the possibility of El Salvador acquiring Bitcoin at discounted prices following the US government's decision to sell $6.7 billion worth of Bitcoin.

Recent data from Crypto Quant has revealed a significant shift in the distribution of Bitcoin reserves, with U.S. entities now holding 65% more bitcoin than their offshore counterparts. As of January 6, 2025, the ratio of U.S. bitcoin holdings to non-U.S. holdings stood at 1.65, marking a sharp increase from 1.24 in September 2024.

In a latest development, – CleanSpark Inc, America's Bitcoin Miner announced a significant milestone, achieving over 10,000 bitcoins in its treasury, all self-mined exclusively from its U.S.-based mining operations.

A High Court judge has dismissed James Howells' legal effort to recover a hard drive containing access to Bitcoin worth £600 million ($739 million). The decision, handed down by Judge Andrew John Keyser KC, marks the end of a long-standing legal battle between Howells and Newport City Council over access to a landfill site in

Earlier this week, a Reddit post sparked a thoughtful discussion about artificial intelligence (AI) potentially adopting bitcoin in the era of artificial general intelligence (AGI). The conversation revolved around the idea that, as AI matches or surpasses human-level intelligence across a wide array of tasks, it might naturally turn to bitcoin as the leading cryptocurrency.

According to data tracked by TradingView, the crypto industry saw over $300 billion wiped out from the markets since Jan. 6, leaving bitcoin below $93,000 as of the U.S. morning hours. Plus, will the U.S. government liquidate $6.5 billion of BTC from the Silk Road seizure?

Bitcoin Sale by the U.S. Government: A US court has approved the sale of 69,370 BTC ($6.5 billion), confiscated from Silk Road. Despite speculation, there is no evidence of transfers to exchanges.

CleanSpark, a U.S.-listed Bitcoin miner, has surpassed 10,000 BTC in its treasury, a milestone achieved entirely through its self-mining operations. According to an announcement CleanSpark shared on Jan.

Bitcoin, the world's largest cryptocurrency, continued its downward trend on Thursday, touching its lowest level since November as it traded as low as $92,500. This decline comes after a period of significant gains following President-elect Donald Trump's victory in early November, which had fueled a surge in crypto-related assets and stocks.

The Silk Road Bitcoin seizure case nears resolution as a US court clears the path for liquidation of $6.5B.

Matthew Sigel, head of digital assets research at prominent investment firm VanEck, believes that Block (formerly Square) could be the first Bitcoin holder to make an appearance on the flagship S&P 500 stock market index.

Bitcoin and crypto prices slipped this week as the Fed's minutes revealed a hawkish outlook due to increasing inflation concerns.

The crypto markets are plunging down! Bitcoin formed lows below $92,000 after falling to sustain above the gains. Meanwhile, the latest rejection from $4100 appears to have largely impacted the Ethereum price rally as the token is expected to lose support at $300.

Michael Saylor, Bitcoin evangelist and MicroStrategy's executive chairman, who co-founded that company, has taken to his account on social media platform X to share a new daily message with the BTC community.

A new Bitaxe device comes to market, Heatbit devices are helping everyday users mine bitcoin while keeping their homes warm, and 5,500 open-source mining developers continue to work together to push the home Bitcoin mining industry forward.

US government holds about $18.50 billion worth of Bitcoin, which it may sell entirely ahead of Donald Trump's presidency.

Judge Keyser has dismissed a legal case filed by James Howells seeking to recover a Bitcoin hard drive with more than $770 m worth of BTC from a landfill.

Macroeconomic factors have heavily destabilized crypto assets, causing uncertainty among digital asset investors. According to QCP, bearish sentiment reigns supreme among digital assets such as Bitcoin after Fed minutes revealed the central bank's hawkish stand moving forward.

For over a decade, cryptocurrencies have been one of the many interests of the world's most famous podcaster and Ultimate Fighter Championship (UFC) commentator Joe Rogan.

The President's love for crypto continues to shine with the launch of his latest NFT collection on the Ordinals protocol. Trump Debuts Bitcoin Digital Trading Cards President-elect Donald Trump‘s non-fungible token (NFT) collection debuted its first 160 products, the “Trump Bitcoin Digital Trading Cards” on Bitcoin through the Ordinals protocol.

The 2025 Bitcoin price prediction hinges on its critical $90,000 support level. Will it hold, or could we see declines to lower levels?

Bears are continuing their pressure, and most of the coins are in the red zone again, according to CoinMarketCap.

Patterns have started to emerge amid ongoing price volatility on the cryptocurrency market. There are signs of strong correlations between digital assets and traditional financial assets.

James Howells took legal action against a local council to gain access to the landfill or pursue £495 million in compensation.

Many people are looking for ways to safeguard their financial future. In response to growing economic uncertainty, some U.S. states are introducing innovative solutions to help residents combat inflation and protect their wealth.

Reports of the U.S. possibly liquidating most of its Bitcoin holdings seized from the Silk Road darknet marketplace may be more impactful for short-term traders than for long-term spot holders, according to a market analyst. What Happened: Pseudonymous cryptocurrency analyst Kun stated on X on Thursday that this type of news tends to cause mass liquidations in the derivatives markets due to increased volatility, but doesn't necessarily have a negative impact on the underlying value of the asset for spot holders.

TL;DR Large investors have accumulated more than 34,000 Bitcoins, valued at approximately $3.2 billion, following the recent price correction. Despite a 15% drop after reaching an all-time high, investors have seized the opportunity to buy BTC at prices below $95,000.

Bitcoin has been on a rollercoaster ride lately. It finally broke through the $100K mark in early December and peaked at $108K on December 17.

The Bitcoin market continues to see overhead pressures, but also sees a lot of support near the $92,000 level. Furthermore, we even have a couple of support levels underneath.

Thailand's Provincial Electricity Authority dismantled a Bitcoin mining farm in Chonburi for tampering with meters to steal electricity. The sophisticated operation caused losses in the millions and raised concerns about monitoring energy theft amid growing crypto-related crimes. The post Thailand Authorities Raid Bitcoin Mining Farm Over Power Theft appeared first on Cryptonews.

On Jan. 9, 2024, discussions have been buzzing within the crypto community regarding the potential sale of $6.49 billion worth of bitcoin (BTC) by the U.S. Department of Justice (DOJ). This speculation arises from a court ruling issued on Dec. 30, in which U.S. Chief District Judge Richard Seeborg sanctioned the forfeiture of 69,370 bitcoin.

BTC slipped to a 10-day low minutes ago.

Recently, the total cryptocurrency market has fallen below $3.2 trillion, losing over $300 billion since January 6. Bitcoin (BTC) is currently above $92,000, showing a trend of higher lows since December 30. Adding to the bearish sentiment, reports suggest the U.S. government has been given the greenlight to sell 69,370 BTC ($6.

Bitcoin network growth is set to take BTC price to seven figures within the next decade, says Timothy Peterson.

TL;DR Donald Trump has launched the “Trump Bitcoin Digital Trading Cards” NFT collection on the Bitcoin network through the Ordinals protocol. The collection includes 200 cards, available on Magic Eden, with special incentives for those who purchase 100 cards from the “Mugshot Edition”.

Macro jitters have pushed back BTC to where it was a week ago. Still, bullish bets in options market remain as popular as ever.

Despite the relatively overwhelming optimism about Bitcoin's (BTC) prospects in 2025, with prominent price targets for the cryptocurrency ranging from $175,000 to above $800,000, it started the year with relative weakness.

Bitcoin price has crashed this week amid ongoing jitters about the bond market and a relatively hawkish Federal Reserve. Bitcoin (BTC) fell below $95,000, triggering a steeper sell-off among altcoins.

The Bitcoin price is recording the third consecutive bearish day after failing to hold the levels above the local highs at $102K. On the other hand, BTC saw nearly $568.8 million outflows as nearly 5,870 BTCs were sold during the last trading day.