Bitcoin and most altcoins have bounced back slightly this week, with total crypto market capitalization approaching the $3 trillion mark.
Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition Reports disclose that the transaction includes over 425 modular data centers across the U.S.
The gaming retailer will spend some of its $4.8 billion cash holdings to buy bitcoin and stablecoins, sparking discussions around how much it will actually buy.
Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data.
Bitcoin Magazine GameStop's Bitcoin Move Looks Bold—But It Might Be Brilliant GameStop's Bitcoin move left many scratching their heads. But behind the confusion is a clear, calculated strategy that more CFOs should be watching closely. This post GameStop's Bitcoin Move Looks Bold—But It Might Be Brilliant first appeared on Bitcoin Magazine and is written by Nick Ward.
Bitcoin retested the $86k support as memecoins take over daily gainers.
Video game retailer GameStop on Tuesday announced that it anticipates closing a "significant number" of stores in fiscal 2025 and will invest company cash in bitcoin.
BTC's risks have diminished over time, but the US Strategic Bitcoin Reserve officially removed the last significant threat to its future, according to Bitwise exec.
Michael Saylor is not just predicting the future of Bitcoin - he is methodically building it. The Executive Chairman of MicroStrategy envisions a Bitcoin ecosystem valued at $200 trillion by 2045.
Sentiment is starting to turn bullish once again toward Bitcoin, the largest crypto asset, as investors have gone on a buying spree following its renewed upward move to $88,000. Despite the recent volatility that hindered BTC's bullish performance, short-term holders have shown a notable accumulation trend.
Canaan Inc. reported Q4 2024 revenue of $88.8M, driven by A15 mining rigs and expanded North American operations, narrowing net losses and achieving $19.3M in adjusted EBITDA. The post Bitcoin Miner Canaan Reports $88.8M Q4 Revenue, Cuts Net Loss appeared first on Cryptonews.
At least one analyst questioned why GameStop's plan to buy bitcoin was necessarily a good thing.
Bernstein analysts project Strategy (NASDAQ:MSTR), formerly MicroStrategy, could either double its Bitcoin (CRYPTO: BTC) holdings to over 1 million BTC in a bullish market or see its stack face forced liquidations in a prolonged bear phase. What Happened: According to a research note released on Tuesday, Bernstein updated the firm's outlook for the Bitcoin treasury company after its latest Q4 results and acquisitions, offering a stark contrast between thriving growth and potential stagnation based on market conditions.
Blockchain analysis firm Glassnode says large investors are stacking sats while smaller holders keep selling.
All eyes are on the PCE index, a barometer of inflation in the United States. Due on March 28, this figure could trigger a upheaval in risky asset markets.
Crypto analyst Tony Severino has provided an update on the Bitcoin price action. The flagship crypto is now eyeing a bullish reversal, but the analyst warned of how things could still go wrong for BTC and mark the end of the bull run.
The news was released on March 25, 2025, from the company's headquarters in Grapevine, Texas. It signals a significant shift for the retail giant, which has been navigating choppy waters in recent years.
GameStop stock pumps Wednesday after announcing the gaming company will add bitcoin as a treasury reserve asset. CoinDesk's Christine hosts "Chart of the Day," - #cryptocurrency #digitalfinance #finance #bitcoin #crypto Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1 CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.
Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M in Revenue Canaan Inc.
In the last 30 days, Bitcoin (BTC) has failed to retest the $100,000 psychological level as bearish consolidation suppresses price breakout. The coin's highest price before suffering a correction within this period was $94,500.
While evangelists like Strategy Executive Chair Michael Saylor and Senator Cynthia Lummis have touted a 5 million BTC figure as an achievable, even desirable, goal for the country, Mayer cast doubt on the idea in his latest interview on the Supply Shock podcast.
Standard Chartered's hypothetical "Mag 7B" index, which swaps Tesla for Bitcoin, shows higher returns and lower volatility, highlighting Bitcoin's potential as a tech asset and hedge against traditional finance risks.
A desk, a statue, a statement. Satoshigallery, known for its layered stainless-steel tributes to the faceless Bitcoin creator, is scaling down - literally.
The price of Bitcoin (BTC) broke through the 21-day SMA twice before continuing its uptrend.
BlackRock, the world's largest asset manager, is making a major move in Europe's crypto market with the launch of its first Bitcoin exchange-traded product (ETP) outside North America.
$93.5k is the key breakeven level. A breakout above this zone could extend the rally.
Bitcoin's (CRYPTO: BTC) future looks set for gains, with industry leaders citing a surge in market sentiment and a growing trend of long-term holding, despite looming resistance levels, as the cryptocurrency trades at $86,550, down 2% in the past day. Speaking with Benzinga, experts see key indicators aligning for upward movement through Q2 and beyond, driven by fresh capital and regulatory shifts.
Update March 26, 2:36 pm UTC: This article has been updated to include quotes from Brickken CEO Edwin Mata.BlackRock's Ethereum-native tokenized money market fund has more than tripled in value over the past three weeks, nearing the $2 billion mark amid rising demand for safe-haven digital assets. BlackRock's USD Institutional Digital Liquidity Fund (BUIDL) saw an over three-fold increase over the past three weeks, from $615 million to $1.87 billion, according to Token Terminal data shared by Leon Waidmann, head of research at Onchain Foundation, a Web3 intelligence platform.
Both from a political, as well as an economic perspective, the markets could start turning up through Spring and into Summer. This article analyses three factors, from each of the perspectives, that could point to the next Bitcoin surge.
The recent investment of GameStop in Bitcoin has sparked mixed reactions in the world of finance: the angel investor Jason Calacanis described this choice as a fallback action for companies without a sustainable business model. However, several industry experts see the purchase of BTC as an opportunity for diversification of corporate assets and protection against inflation. Does this move mark the beginning of a broader trend or is it just an isolated experiment?
Bitcoin is stepping beyond its role as a store of value and into DeFi. BTCFi is bringing lending, staking, and yield opportunities directly to the Bitcoin network without middlemen.
Bitcoin has skyrocketed 700% since Strategy cofounder and chairman Michael Saylor initiated his bold Bitcoin accumulation bet. Bitcoin historian Pete Rizzo shared this fun fact in a recent X post.
Rumble CEO Chris Pavlovski and Tether CEO Paolo Ardoino highlighted the growing potential of the Rumble Wallet today, suggesting its impact could significantly reshape digital asset adoption among global content creators.
Bitcoin ETFs are finally seeing inflows after weeks of brutal sell-offs as the global crypto market recorded a mild recovery. US spot Bitcoin ETFs hit an eight-day streak of inflows suggesting that investors are gaining their confidence back again.
Metaplanet chief executive Simon Gerovich is predicting that Bitcoin (BTC) treasury firms like Strategy will increase in number.
Bitcoin (BTC) saw the return of US selling pressure at the March 26 Wall Street open as analysis eyed a “key shift in market structure.” BTC/USD 1-hour chart.
Bitcoin ETFs recorded an eighth consecutive day of inflows totaling $27 million, led by Blackrock's IBIT, while ether ETFs resumed outflows, losing $3 million. Bitcoin ETFs Achieve Eighth Consecutive Day of Inflows With $27 Million Addition Investor enthusiasm for bitcoin ETFs remained strong on Tuesday, March 25, with an additional funds inflow of $26.
Currently, Bitcoin's BCMI reading below 0.5 indicates a market that is not overheated, which positions the crypto asset it at a critical crossroads
Strategy CEO Michael Saylor has posted a new poll on the X social media network to find out how many Bitcoins video game retailer GameStop has to buy in order to earn the community's respect.
The Prime Minister of Pakistan, Shehbaz Sharif, held a a high level meeting on "strategic investments in Bitcoin mining and the tokenization of real-world assets," according to a local paper.
Prominent US-based angel investor Jason Calacanis poked fun at GameStop's decision to invest in Bitcoin.In a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was a solution well-suited for public companies that do not have a suitable business model: “If you're a public company that can't figure out a business model, buy Bitcoin! This might actually be great advice if [Strategy co-founder Michael Saylor] is gonna buy $1T in Bitcoin.
Bitcoin may be taking a breather, but behind the scenes, the giants are quietly stacking chips. The latest move?
TL;DR Bitcoin surged past $88,000 this week, but analysts warn the rally might be a bull trap due to low participation and weak trading volumes. Negative funding rates in futures markets suggest traders are no longer willing to pay premiums for bullish bets.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Bitcoin Magazine Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin For years, Congressman Ro Khanna (D-CA) has been one of the few Democratic politicians in the U.S. government who's been a vocal proponent of Bitcoin, but now he says that more Democratic elected officials as well as prominent voices in the party are coming to support his stance. This post Congressman Ro Khanna Says Democrats Are Changing Their Tune On Bitcoin first appeared on Bitcoin Magazine and is written by Frank Corva.
Alternatively, an elongated bear market could see Strategy's bitcoin stack stagnate, with some of its holdings liquidated, the analysts said.
Bitcoin's bullish retracement continues as it approaches the critical $90K resistance. However, low trading activity suggests a higher probability of rejection at this level, leading to potential consolidation in the short term.
Bitcoin price has been on the investors' radar lately amid a volatile trading scenario in the broader market. Notably, BTC has stayed in the green today, soaring past the $88K mark, with increasing bets from the market participants towards a potential rally to $90,000 next.