AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity.
Corporate holdings and dormant whale activity send mixed Bitcoin supply signals as selling pressure remains limited.
Mike Novogratz, the founder and CEO of Galaxy Digital, said the U.S. government's persistent fiscal deficits are keeping him bullish on Bitcoin, the flagship cryptocurrency.
Bitcoin had a chance to break higher today, but the move failed to gain real traction, according to one chart analyst who says the setup still points to a bear market where upside attempts tend to fizzle out more often than they succeed.
Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month.
Goldman's acquisition accelerates its crypto ETF strategy, potentially reshaping institutional investment in Bitcoin by offering income solutions. Goldman Sachs pays $2.25B to enter Bitcoin income market with NEOS acquisition.
Metaplanet moved over 5,000 Bitcoin (worth about $322 million) this week, triggering market speculation that the firm might be liquidating a portion of its corporate reserves. On Aug.
UBS's increased Bitcoin ETF investment signals growing institutional confidence in cryptocurrency, potentially influencing broader market dynamics. UBS triples its Bitcoin ETF position to $90M as institutional appetite keeps growing.
Crypto-backed loans challenge traditional credit systems, offering financial access but posing risks due to Bitcoin's volatility and regulatory gaps. Bitcoin enables $60,000 loans without credit scores.
U.S. spot bitcoin ETFs returned to net outflows on Wednesday, losing $61.16 million after Tuesday's modest rebound. Ether funds saw a $7.38 million inflow, while solana, XRP and HYPE ETFs recorded no net activity. Ether ETFs Add $7.38M as Bitcoin ETFs Post $61.
Nakamoto's strategic shift to a Bitcoin-focused model highlights the volatility and financial risks inherent in crypto asset management. Nakamoto sells 600 BTC in Q2 to pay off Kraken loan, holdings drop to $262M.
Bitcoin flattened under $64,000 as flat July PPI and in-line CPI both failed to spark a rally, with Glassnode flagging absent buyers.