The surge in Bitcoin mining stocks highlights the volatile yet lucrative nature of crypto investments, overshadowing AI-focused sectors temporarily. Canaan, American Bitcoin, Cango shares surge up to 67% as Bitcoin rallies 23%.
Bitcoin's price reclaimed $80,000 per unit on Thursday after breaking past a key $79,000 resistance level, driving its market capitalization back to $1.61 trillion and positioning the asset for an over 20% gain in August.
The evolution of Bitcoin ETFs could democratize crypto investments, intensifying competition and potentially lowering costs for investors. Bitcoin ETFs enter a new phase as IBIT and MSBT make swapping holdings for shares easier than ever.
BTC is holding above $80,000 into a Fed symposium that, for the first time in 40 years, is built around crypto's own turf—payments and financial infrastructure.
Bitcoin and crypto joined US stock markets in fresh gains after Nvidia Q2 earnings beat expectations by around $4 billion.
The shift towards BTC call options over high-leverage perps highlights a growing preference for risk-managed, high-reward strategies in volatile markets. BTC call options outperform high-leverage perps after market surge.
VanEck recorded eight active signals on Aug. 12, while comparable clusters trailed Bitcoin's baseline at 90 and 180 days.
BlackRock has continued adding to its Bitcoin exposure as institutional demand remains strong following last weeks major cryptocurrency market rally. The latest purchase comes as Bitcoin maintains bullish momentum near the closely watched $80,000 level.
ACT's crypto tax proposal could attract crypto investors, potentially influencing New Zealand's digital economy and election dynamics. New Zealand's 4th largest party pledges zero tax on Bitcoin and crypto after 12 months.
Gold is worth around ten times more than BTC, Changpeng Zhao said, noting that countries face a years-long process to "shift into Bitcoin."
Bitcoins recent surge above $80,000 is facing a major test as investors turn their attention to Federal Reserve Chair Kevin Warshs speech at the Jackson Hole symposium on Friday. BTCs rally over the past 10 days followed moves by U.S. Treasury Secretary Scott Bessent and the Treasury Department aimed at easing pressure on long-term interest rates.
Developers are warning about a reported critical flaw in Bitcoin Lightning. Here is what is known, the potential impact, and what users should watch next.