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.
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.
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.
Bitcoin's recent drop from $102,760 to $92,500, sparked by stronger-than-expected U.S. job market data, has bloodstained the crypto market. The data signaled economic resilience, pressuring both equities and cryptocurrencies.
Officials estimate that the operation had illegally consumed electricity worth hundreds of millions of baht (millions of dollars).
Another publicly traded U.S. firm adds bitcoin to its balance sheet with Thumzup Media's $1 million purchase. Thumzup Wants to Hold 90% of its Liquid Assets in Bitcoin Thumzup Media Corp., a publicly traded firm in the U.S. announced the acquisition of 9.
Dogecoin (DOGE) is gaining much attention as experts speculate it will surpass industry titans like Bitcoin (BTC) and XRP. During bull markets, Dogecoin has shown remarkable performance, and because of Elon Musk's influence on the market, this token may see a drastic change in its course in the coming months, stated WIZZ, a cryptocurrency analyst.
The total market capitalization of the cryptocurrency space has dropped by more than $60 billion over the last 24-hour period over a combination of factors, including reduced expectations of Federal Reserve interest rate cuts and a potential massive BTC sell-off from the U.S. government.
Bitcoin, the world's largest cryptocurrency, has encountered a sharp reversal, with its price dipping below $95,000 today, following a brief surge above $102,000 earlier this month. The sudden drop has raised concerns among market participants, prompting analysts to delve into on-chain data to identify underlying factors.
Bitcoin's price fell over the past day as markets reacted to the Fed's December meeting minutes, which signaled a slower pace of rate cuts.
Analysts downplayed the recent BTC decline as a typical January pullback during the post-halving year.
Babylon has launched its Phase-2 testnet, bbn-test-5, set to begin block production on January 8, 2025.
According to a report by Fidelity Digital Assets, the rising nation-state and government adoption of Bitcoin (BTC) will be one of the major factors driving the premier cryptocurrency's growth in 2025. The report notes that 2025 will be a pivotal year for BTC adoption.
Bitcoin's price has once again experienced a downturn over the last few days, as the market has failed to hold above $100K. This price action has caused a lot of uncertainty among market participants.
Whether the market has finally reached its bottom has come into question in light of Bitcoin's recent decline to $93,224. Though the strength of this support will be determined in the next few hours, indications of demand are beginning to appear due to notable changes in the Binance spot order book during the sell-off.
The hard drive containing over 8,000 Bitcoin was mistakenly disposed of in a landfill in 2013.