Bitcoin
American Bitcoin Expands Mining Capacity with 11K+ New ASICs at Drumheller Site
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).
US Military Runs Bitcoin Node, Conducts Operational Tests, Indo-Pacific Commander Tells Senate
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.
Eric Trump Moves To Expand American Bitcoin's Hashrate With New Miner Activation
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).
Squeeze Dynamics: Why Analysts Say Bitcoin's Rise to $79,500 Lacks Conviction
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.
Bitcoin Has 'Reset' And Will Soon Resume Being A Safe Haven, Anthony Pompliano Says
Bitcoin (CRYPTO: BTC) has pulled back about 12% over the past three months, a move one industry commentator describes not as weakness, but as a necessary reset ahead of a broader uptrend. "Bull Market Is Already Underway" In an Apr. 22 episode of The Pomp Podcast, entrepreneur and investor Anthony Pompliano argued that Bitcoin is already in a bull market phase.
Analyst Predicts Bitcoin Price Is Going To $200,000, Reveals When To Buy
Bitcoin is back in a place where bold upside calls are starting to circulate again, and while short-term sentiment is still mixed, one analyst believes the cryptocurrency is setting up for a powerful move that sends the price action all the way to $200,000. The call is built around a long-term cycle structure on the monthly candlestick timeframe chart that treats Bitcoin's recent price action as part of a larger repeating pattern.
ZachXBT Warns Users Against Bitcoin Depot ATMs After Reviewing the Numbers
ZachXBT warned users against Bitcoin Depot ATMs after an elderly victim paid $25,000 in cash and received only 0.232 BTC, implying about $7,500 in lost value. The transaction priced bitcoin near $108,000 while market levels were around $75,000, intensifying criticism of Bitcoin ATM premiums and transparency from users.
Trump's Fed Pick, Kevin Warsh, Warns of Tighter Liquidity: What It Means for Bitcoin
The main BTC signal was not rate cuts, but Warsh's stated intention to shrink the Fed's balance sheet and pull liquidity from the system.
Bitcoin Coinbase Premium Stays Positive for 14 Days as US Demand Signals Strength
Bitcoin's ‘Coinbase premium' has stayed positive for 14 consecutive days, a stretch that analysts say points to persistent U.S. buying pressure and improving risk appetite across crypto markets. The signal comes as BTC has held above the mid-$70,000 range and short sellers have borne the brunt of recent volatility.
Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back
Bitcoin is approaching a point where the market may have to choose between two very different outcomes. Traders are still paying to stay short, yet price, ETF flows, and market leadership are no longer behaving as if the market were stuck in a collapse.
Bitcoin Could Strengthen US National Security, Top Military Commander Says
US lawmakers are pushing to bring Bitcoin mining equipment manufacturing back to American soil — a move driven by growing concern that the country's dependence on foreign-made hardware puts national security at risk.
Bitcoin: A documentary revives the Satoshi Nakamoto enigma
A shadow continues to hang over the history of bitcoin. Since its beginnings, the identity of Satoshi Nakamoto has fueled investigations, hypotheses, and debates in the crypto world.
