Bitcoin
Bitcoin, Ether Target Late Shorts Amid Crypto Price Rebound
Key points: Bitcoin attempts a rebound into a cluster of shorts as market expectations flip bearish on BTC and altcoins. Speculative ETH traders form the largest-ever leveraged short postion, per data from CME Group. Crypto traders could be de-risking ahead of the US Federal Reserve’s Jackson Hole symposium. Bitcoin (BTC) returned to $116,000 after Monday’s […]
Dutch Crypto Firm seeks Bitcoin Treasury launch on Amsterdam’s Euronext
Dutch cryptocurrency service provider Amdax is preparing to launch a Bitcoin treasury firm on Amsterdam’s Euronext stock exchange, as more European companies follow US counterparts in adopting Bitcoin strategies. Amdax said Monday it is creating AMBTS B.V., a privately held company with independent governance that will operate as a stand-alone firm. AMBTS aims to become […]
The most widely used Bitcoin strategy, explained
What is hodling crypto? Hodling crypto means holding onto cryptocurrency long-term instead of selling, regardless of market volatility. In 2013, a late-night forum post on Bitcointalk was titled “I AM HODLING.” The user, clearly frustrated with market swings and maybe a few drinks in, meant to say “holding.” Nevertheless, the typo stuck. In the years […]
Saylor Hints at Impending Bitcoin buy From Strategy
Strategy co-founder Michael Saylor signaled an impending Bitcoin (BTC) purchase by the company, as the price of Bitcoin hovered below the all-time high of over $124,000 reached on Thursday. The company’s most recent Bitcoin acquisition occurred on Monday, when Strategy purchased 155 BTC for $18 million, bringing its total holdings to 628,946 BTC, valued at […]
Novogratz Worries About Economy If Bitcoin Reaches $1M In 2026
Galaxy Digital CEO Mike Novogratz says a million-dollar Bitcoin next year wouldn’t be a victory but rather a sign that the US economy is in serious trouble. “People who cheer for the million-dollar Bitcoin price next year, I was like, Guys, it only gets there if we’re in such a shitty place domestically,” Novogratz told […]
Bitcoin and Ethereum ETFs Post ‘Biggest Week Ever’ For Volume
US-based spot Bitcoin and Ether exchange-traded funds (ETFs) just logged their strongest week of combined trading volume yet, according to an ETF analyst. “Biggest week ever for them, thanks to Ether ETFs stepping up big,” ETF analyst Eric Balchunas said in an X post on Friday. Ether ETFs were “asleep” for 11 months, says Balchunas […]
AI power crunch may lead to more institutional investment in Bitcoin Mining
Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade. AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin (BTC) miners getting “priced out” or […]
Coinbase Predicts Altcoin Season As Bitcoin Dominance Falls
Altcoins have seen significant growth recently, and current crypto market conditions suggest there could soon be a shift towards cryptocurrencies outside of Bitcoin, according to Coinbase. “We think current market conditions now suggest a potential shift towards a full-scale altcoin season as we approach September,” Coinbase Institutional’s global head of research, David Duong, wrote in […]
US Treasury Bessent Says Budget-Neutral Bitcoin Reserve Buys Still Possible
US Treasury Secretary Scott Bessent has clarified that his department is still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve — contrasting with his recent comments suggesting the plan was off the table, which triggered a Bitcoin sell-off. “Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the […]
American Bitcoin Orders Bitmain Mining Rigs Amid Trade Tensions
American Bitcoin, a Bitcoin (BTC) mining company backed by members of US President Donald Trump’s family, exercised an option to purchase up to 17,280 application-specific integrated circuits (ASICs), hardware for crypto mining, from Bitmain earlier this month. The mining company purchased a fleet of 16,299 Antminer U3S21EXPH units from Bitmain, capable of 14.02 exahashes per […]