Search Results for "Bitcoin"
Bitcoin Tests 200-Day Average as AI Stocks Surge: CoreWeave and Nvidia Lead Market Rebound
Bitcoin remains under pressure, testing its 200-day moving average while AI-linked equities rebound, led by CoreWeave and Nvidia. The DRAM ETF jumped 8% and semiconductor stocks gained more than 4%, h…
Bitcoin Stuck at $74K as ETF Outflows Hit Fourth Day, Rate Hike Odds Soar
Bitcoin remained steady near $74,000 on Tuesday as a hot inflation reading boosted the odds of a U.S. interest-rate increase to around 90%. ETF outflows extended to a fourth consecutive day, and liqui…
Bitcoin Block Nearly Breaks 2015 Transaction Record—But Miners Earn Just $180 in Fees
An AntPool-mined Bitcoin block came within 984 transactions of Bitcoin’s 2015 record for most transactions in a single block, but generated only $180 in fees—less than 0.1% of the miner’s total payout…
SpaceX's $24 Billion Texas Gambit: AI Supercomputer and Gas Plant Dwarf Its Bitcoin Holdings
SpaceX has proposed a $24 billion project in Texas combining an AI supercomputer with its own gas-fired power plant, according to CoinDesk. The figure is roughly 17 times the value of SpaceX's bitcoin…
Bitcoin Tumbles to $74,000 as Huang Scandal Rattles Nvidia and Neocloud Stocks
Bitcoin slid to around $74,000 as a scandal involving Nvidia-linked figure Huang weighed on Nvidia and triggered a retreat in neocloud stocks following Friday's rally. Gold held above $4,000, signalin…
Crypto Week Ahead: U.S. Inflation Data and Corporate Earnings Set to Test Bitcoin and Ether
Crypto markets enter the week starting Nov. 9 with attention fixed on U.S. inflation data and a fresh round of corporate earnings, two macro catalysts that could shape risk appetite across digital ass…
Bitcoin Rebounds Above $76,000 After Tech-Led Rout Triggers $430 Million ETF Outflows
Bitcoin recovered above the $76,000 level on Friday after falling below it during Thursday's tech-driven market rout. The rebound followed $430 million in outflows from Bitcoin exchange-traded funds, …
Bitcoin Stalls Below $76K as Stock Market Rally Fizzles
Bitcoin traded flat below $76,000 on Tuesday as a rebound in U.S. stocks lost momentum into the close. The Nasdaq added only 1.1%, the S&P 500 edged higher, and the Dow Jones Industrial Average fell f…
Bitcoin Developer's 'Landmine' Proposal Could Make Quantum Thieves Blow Up Their Own BTC
A Bitcoin developer has proposed a novel defense against quantum-enabled theft: requiring anyone moving vulnerable bitcoin to post matching collateral, creating a 'landmine' that lets prepared owners …
American Bitcoin Posts $126 Million Profit but Misses Revenue Forecasts
American Bitcoin, a bitcoin mining firm with ties to Donald Trump, swung to a $126 million profit in the third quarter but missed analysts' revenue estimates. Revenue fell to $63.4 million as bitcoin …
Bitcoin Miners Oversold After 35% October Rout, VanEck Says
VanEck says bitcoin miners are oversold after a 35% rout in October, a decline driven by investors dumping AI infrastructure providers as a single monolithic trade. The asset manager argues the indisc…
Bitcoin Defends $80,000 as Spot ETFs Snap Three-Day Outflow Streak
Bitcoin slipped 0.2% to around $80,250 since midnight UTC but held above the $80,000 level reached in Wednesday's jump, as spot Bitcoin ETFs ended a three-day outflow streak. The broader crypto market…