Tether Joins OCEAN to Power Decentralized Bitcoin Mining
The company announced it will deploy both its current and future hashrate to OCEAN. OCEAN is a Bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr.
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The company announced it will deploy both its current and future hashrate to OCEAN. OCEAN is a Bitcoin mining pool launched by longtime Bitcoin Core developer Luke Dashjr.
Dashjr is staunchly against Bitcoin applications like inscriptions and attempts to filter those transactions via the OCEAN mining pool.
Mike McGlone, senior commodity strategist at Bloomberg Intelligence, has published two tweets dedicated to what is happening to Bitcoin and gold today, claiming that BTC is risking losing its “digital gold” status, as physical gold is on the rise.
The Bitcoin-buying firm scooped up the asset for a third straight week.
Widely followed crypto analyst Rekt Capital says that Bitcoin (BTC) is right on the edge of a breakout based on classic technical analysis. The pseudonymous analyst tells his 543,000 followers on the social media platform X that BTC is in the midst of confirming a breakout after finally closing above a downward resistance line.
Crypto analyst Titan of Crypto has raised the possibility of the Bitcoin price rallying to as high as $137,000. The analyst highlighted a bullish pattern that shows the flagship crypto can reach this ambitious price target.
Bitcoin (BTC) mining profitability fell 7.4% in March, investment bank Jefferies said in a research report Friday.
Prominent internet entrepreneur Vinny Lingham has taken to his account on X to share his thoughts on the large Bitcoin purchase that was made just recently by Michael Saylor's company Strategy but announced only today.
U.S. stocks opened higher to start the week on a positive note, with Wall Street's reaction to the latest tariff news pushing tech stocks upward. Apple (AAPL), Nvidia (NVDA) and Dell (DELL) all rose Monday morning.
Dalio said the president's economic policies could lead to "an international conflict in a way that is highly disruptive to the world economy."
Bybit has formed a strategic partnership with Avalon Finance, an emerging platform for Bitcoin capital markets, to offer users a new opportunity to generate yield on BTC through a seamless integration between CeFi and DeFi. The agreement between Bybit, one of the leading global cryptocurrency exchanges, and Avalon, leverages the growth of DeFi to create a solution that allows users to access yield products in Bitcoin that were once more difficult to reach for traditional investors.
A couple of days ago, Babylon announced the launch of staking on Bitcoin. Technically, it is not native staking on BTC, but restaking.
On April 13, Bitcoin surpassed $86,000 before plunging below $84,000, without any macroeconomic alerts or exogenous factors. This abrupt reversal can be explained by an unprecedented imbalance in liquidations: $52 million in long positions against only $15 million in short positions, representing a gap of 346%.
Michael Saylor's Strategy announced the purchase of another 4,359 BTC for the period 7-13 April, at prices above $82,000.
Bitcoin whales on Binance are not selling as demand for BTC recovers.
Bitcoin treasury company Strategy has acquired an additional 3,459 BTC for approximately $285.8 million at an average price of $82,618 per Bitcoin (CRYPTO: BTC), bringing its total holdings to 531,644 BTC—equivalent to more than 2.5% of Bitcoin's total supply. What Happened: According to an SEC filing on Monday, the purchases occurred between April 7 and April 13, funded by proceeds from the sale of 959,712 shares of Strategy's class A common stock (NASDAQ:MSTR).
Metaplanet, a Tokyo-listed firm that adopted a Bitcoin accumulation strategy, has bought an additional 3.78 billion yen ($26.3 million) worth of BTC amid the Trump administration's flip-flopping tariff regime.
Bitcoin Magazine Bitcoin Miners Are Doubling Down Bitcoin miners push hash rate to record highs signaling massive miner investment. Could this signal Bitcoin's next breakout? This post Bitcoin Miners Are Doubling Down first appeared on Bitcoin Magazine and is written by Matt Crosby.
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Once more, Michael Saylor's Bitcoin playbook is demonstrating its tenacity. At this point, Strategy's Bitcoin holdings have grown to an incredible $44.86 billion, locking in a 25.85% profit, or an incredible $9.2 billion in gains.
Bitcoin treasury company Strategy, formerly known as MicroStrategy, has acquired another 3,459 BTC for $285.8 million between April 7 and April 13.
Over the last 60 minutes, bitcoin ( BTC) is trading at $84,969 to $85,171 after a volatile 24-hour stretch that saw prices swing between $83,197 and $85,315. With a daily trading volume of $30.74 billion and a market capitalization of $1.68 trillion, bitcoin is holding ground amid mixed technical signals.
Last week was defined by simultaneous declines in US equities, Treasurys, and the dollar—an exceptionally rare trifecta that macro investor Jordi Visser described as the moment “the system officially broke”—Bitcoin's price action has remained conspicuously muted. Despite gold rallying over 4% in just a few days, Bitcoin has failed to respond with comparable strength, a divergence that Visser attributes to deep-rooted skepticism from institutional finance.
The Bitcoin Rainbow Chart showed that, for long-term investors, BTC was "still cheap".