Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and high-performance computing infrastructure
Bitcoin fell below $64,000 after Iran warned of a prolonged Strait of Hormuz closure, while oil prices rose amid renewed U.S.-Iran tensions.
Arthur Hayes argues Washington and Tokyo are quietly coordinating to push the yen higher, a shift he says would flood markets with fresh dollar liquidity and become a powerful bullish catalyst for bitcoin.
Anthropic reportedly struck a $9 billion deal with Riot for 191 megawatts of capacity from the Bitcoin miner's Rockdale campus in Texas.
Blackrock has slashed the in-kind conversion minimum on its iShares Bitcoin Trust (IBIT) to $1 million, a 96% cut from the prior $25 million threshold, opening the fund's redemption mechanism to a far wider pool of investors.
Bitcoin fell toward $64,000 on Tuesday as repeated attempts to break above the key $65,000 resistance level failed, while rising bond yields and oil prices added pressure across risk assets. The worlds largest cryptocurrency dropped more than 1% over 24 hours, although it remained slightly higher for the week.
Hayes argues a dollar-for-yen swap through FIMA repos beats rate hikes or asset sales
BTCPay Server has announced a bitcoin recovery bounty following last weeks security breach that allowed attackers to drain funds from merchants running Lightning nodes. The open-source Bitcoin payment infrastructure provider said Tuesday that supporters of the project have committed funds for anyone who can provide information leading to the recovery of the stolen bitcoin.
Trump Media & Technology Group has expanded its Bitcoin treasury to 14,139 BTC worth $890.5 million, even as its second-quarter net loss widened to $238.1 million and management refocused attention on monetizing Truth Social.
BTCPay Server supporters have backed a recovery bounty equal to 10% of funds retrieved from a recent Lightning wallet exploit, with the reward capped at 3 BTC if all stolen assets are recovered.
A coordinated effort between Washington and Tokyo appears to be underway to strengthen Japan's currency. Treasury Secretary Scott Bessent has openly advocated for broadening a Federal Reserve mechanism that would enable Japan to exchange its US Treasury positions for dollars, subsequently deploying those funds to purchase yen in foreign exchange markets.
Bitcoin retreated to approximately $63,900 during Monday's trading session, erasing weekend momentum as escalating crude oil prices dampened investor appetite for risk assets worldwide.