Bitcoin Futures Basis Turns Negative Amid DeepSeek Arrival
TL;DR Bitcoin futures basis dropped into negative territory for the first time since August 2023, indicating caution among traders due to market volatility. DeepSeek, a...
Tag : Bitcoin
HIVE Digital Technologies Acquires Bitfarms’ 200 MW Paraguay Site
by jose
TL;DR HIVE boosts Bitcoin mining capacity: Acquires Bitfarms’ 200 MW hydro-powered Paraguay site for $85M, expanding its total capacity to 300 MW. Global hashrate projected...
Crypto Market Faces Major Setback with $960M in Liquidations
TL;DR The crypto market suffered a severe drop, with liquidations exceeding $960 million, after weeks of optimism driven by Donald Trump’s victory. Bitcoin was the...
Significant Shift: Bitcoin Mining Difficulty Falls Amid Price Drop
by jose
TL;DR Bitcoin’s mining difficulty decreased for the first time since September 2024, dropping by 2.12% to 108.11 trillion, as Bitcoin’s price fell below $100,000. The...
Crypto Revolution: Wyoming and Massachusetts Propose Bitcoin Reserves
by jose
TL;DR Wyoming and Massachusetts introduce bills to establish Bitcoin reserves, marking a growing trend among US states. Wyoming’s bill allows up to 3% of state...
Could Bitcoin Fall to the $50,000s Before Skyrocketing to Historic Levels?
by federico
TL;DR Tom Lee, CEO of Fundstrat, suggests that Bitcoin could drop to $50,000 before experiencing a significant recovery. Despite the potential drop, Lee remains optimistic...
Bitcoin Starts The Year With Losses, But Analysts Remain Optimistic
by federico
TL;DR In post-halving years, Bitcoin’s January declines are a historical trend that has consistently repeated in previous cycles. In 2021 and 2017, Bitcoin dropped up...
BlackRock: IBIT Faces Record $333M Outflow Amid Market Adjustment
TL;DR BlackRock: The iShares Bitcoin Trust (IBIT) saw a record $333 million in capital outflows, marking the largest withdrawal since its launch. The outflows occurred...
Bitcoin Hashrate Hits One Zetahash: A Leap in Network Security
by jose
TL;DR Bitcoin’s hashrate surpassed one zetahash per second for the first time on January 2, 2025, marking a significant leap in network security and resilience....
