Bitcoin miner capitulation may signal market bottom
Bitcoin miner capitulation and a recent drop in network hashrate may indicate the market is nearing a bottom, according to VanEck analysts.
Bitcoin miner capitulation and a recent drop in network hashrate may indicate the market is nearing a bottom, according to VanEck analysts.
The EU has endorsed plans to launch the digital euro in both online and offline versions, aiming to balance usability, resilience and privacy across the bloc.
Palmer Luckey-backed digital bank Erebor has secured a $4.3 billion valuation as US regulators advance approvals that could pave the way for a full banking charter.
Strategy has strengthened its cash position through a $748 million share sale while temporarily halting Bitcoin purchases amid ongoing weakness in crypto markets.
Arizona Senator Wendy Rogers has proposed new legislation and a constitutional amendment that could exempt crypto and blockchain activity from taxation, pending voter approval.
Bitcoin edged closer to $90,000 even as Strategy’s major share sale diluted investors, with analysts split over whether the move signals stress or long-term balance sheet strength.
US regulators have charged several alleged crypto trading platforms and investment clubs over a $14 million social media scam that targeted retail investors with fake AI-driven trading schemes and non-existent token offerings.
Venezuela is reportedly settling close to 80% of its crude oil export revenues using cryptocurrencies, primarily the USDT stablecoin, as traditional payment channels remain constrained by international sanctions.
Digital asset investment products posted their first weekly outflows in four weeks, shedding a combined $952 million.
Cryptocurrency mining has emerged as one of several factors underpinning the recent strength of the Russian ruble, according to comments from the country’s central bank leadership.
Galaxy Digital has projected that bitcoin (CRYPTO:BTC) could climb to $250,000 by the end of 2027, representing a potential rise of about 179% from current price levels.
Indonesia’s Financial Services Authority has released an official whitelist naming 29 licensed digital asset and cryptocurrency trading platforms permitted to operate legally in the country.