Despite experiencing a notable decline of nearly 50% from its all-time high of $126,000, the demand and interest in Bitcoin on the institutional level have not yet lost their momentum. Even during multiple market drawdowns, a massive accumulation of BTC was still strongly observed among many large firms across the cryptocurrency and financial landscape.
A crypto analyst has suggested that Bitcoin (BTC) is still in a bear market despite its recent price rally, warning that the cryptocurrency could be headed for a deeper correction below $60,000. The call comes amid repeated failed breakouts and weakening momentum, raising doubts about any near-term recovery.
A recent documentary argues that Bitcoin was created by two cryptographers rather than a single individual. The investigation links Hal Finney and Len Sassaman through technical evidence, timelines, and linguistic patterns.
Ether led with strong inflows of $43 million, as bitcoin edged forward with limited gains. However, both XRP and solana remained on the sidelines with no trading activity. Key Takeaways: Ether ETFs added $43.36 million to extend their inflow streak to nine days, led by Blackrock ETHA, showing strong demand. Bitcoin ETFs gained just $11.
A popular blockchain sleuth, Zachary Wolk, alias ZachXBT, has cautioned cryptocurrency users not to trust Bitcoin Depot, one of the largest Bitcoin Automated Teller Machine(ATM) operators in the United States, on April 22.
The identity of Satoshi Nakamoto remains unsolved despite numerous journalistic and technical investigations since 2010. However, for entities trading significant volumes in the Bitcoin market and for those analyzing its behavior as a financial asset, the absence of an identifiable figure is neither a flaw nor a curiosity.
Bitcoin is trading higher. At the moment, Bitcoin is trading at over $79,000.
American Bitcoin, co‑founded by Eric and Donald Trump Jr., has energized 11,298 new ASICs, lifting owned hash rate to 28.1 EH/s as it doubles down on low‑cost BTC accumulation. American Bitcoin Corp.
This Wednesday, American Bitcoin, the mining and treasury firm co-founded by Eric Trump, announced that they will increase their total hashrate by more than 12%. The company confirmed the deployment of approximately 11,298 miners at its Drumheller plant, completing a strategic expansion phase that raises its operating capacity to 28.1 exahashes per second (EH/s).
U.S. Indo-Pacific Command is running a live Bitcoin node and conducting operational tests on the Bitcoin protocol to secure military networks, the command's top officer told the Senate Armed Services Committee this week.
American Bitcoin Corp. (NASDAQ:ABTC), co-founded by Eric Trump, saw its shares rise about 10% in a single session on Wednesday after expanding its mining capacity and benefiting from a broader increase in Bitcoin (CRYPTO: BTC) prices. Mining Expansion Boosts Capacity American Bitcoin said it has activated approximately 11,298 additional mining machines at its Drumheller facility, adding about 3.05 exahashes per second (EH/s) of computing power at an efficiency of roughly 13.5 joules per terahash (J/TH).
Bitcoin added $5,000 to its value in 72 hours, reaching its highest level since February. The total market cap rose to $1.58 trillion while the rapid price jump triggered a short squeeze, liquidating $207 million in short bets.