Core Scientific dumps bitcoin to fund AI shift
Core Scientific sold $208 million in bitcoin in Q1 2026 to fund its shift to AI data center operations, as colocation revenue surpassed mining for...
Tag : Bitcoin
Trump-Backed American Bitcoin Shares Fall After $82 Million Q1 Loss
In brief Publicly traded Bitcoin miner American Bitcoin reported net losses of nearly $82 million in Q1 2026, up from $59.4 million in Q4 2025....
Bitcoin stalls at 200-day average, rekindling fears of a “false breakout”
Bitcoin failed to clear its 200‑day simple moving average near $83,300 and slipped back under $81,000, reviving comparisons with the March 2022 breakout that quickly...
Leading China’s DeepSeek AI Price Prediction of XRP, Bitcoin and Ethereum by The End of 2026
Leading China’s DeepSeek AI just dropped its end-of-May price prediction for the three biggest names in crypto. And the model is not messing around. On...
VanEck’s Sigel sees Bitcoin reaching $1M within five years
Matthew Sigel, head of digital assets research at investment manager VanEck, said he sees Bitcoin (BTC) reaching seven figures within the next five years. “Bitcoin...
Bitcoin ETFs Post 5-Week Buying Streak as Hedges Unwind, Institutional Appetite Returns
In brief U.S. spot Bitcoin ETF inflows totaling $3.8 billion pushed total net assets to a record $108.76 billion. The 25-delta skew is compressing to...
Trump Bitcoin Crypto Mining Company Just Lost $45 Million While BTC Trades Above $80,000 — What Went Wrong?
Trump American Bitcoin crypto posted a $45.2 million loss in Q1 2026 while BTC held above $80,000, and that contradiction is the story. The Trump...
Bitcoin Operates Outside the Regulatory System: Arthur Hayes Take on Crypto and Clarity Act
Arthur Hayes told Consensus 2026 that the Clarity Act fundamentally misunderstands what Bitcoin is, and any attempt to fold it into a federal regulatory framework...
Bitcoin reserves hit 2023 lows but is the bottom confirmed?
Bitcoin reserves on major exchanges are shrinking again, as CryptoQuant analyst Amr Taha reported sharp declines on Binance, OKX, and Gemini since February. Summary Binance,...
Bitcoin Jumps to Three-Month High Above $82K on Report of US-Iran Agreement
In brief Bitcoin jumped to a three-month high Wednesday, on reports that the U.S. is nearing an agreement to end the war in Iran. The...