US debt tops $40T stoking debate on what it means for Bitcoin
As US federal debt tops $40 trillion for the first time, there is renewed debate over whether mounting government borrowing could strengthen Bitcoin’s case as...
Tag : Bitcoin
XRP Notches Best Week Since 2024 Election Pump on Bitcoin Short Squeeze
In brief XRP gained 10.40% on Wednesday alone, its biggest daily jump since February 6, then extended the rally Thursday, up roughly 30% for the...
French couple kidnapped in alleged Bitcoin extortion plot
A French couple has been kidnapped from their home in Rion-des-Landes in an alleged crypto extortion attack that left the man injured and led to...
Bitcoin miners pour billions into AI as capex outpaces revenue 15-to-1
Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace, underscoring the massive upfront investment...
The bank custody race: who holds America’s Bitcoin
Wall Street did not wake up one morning and decide it liked Bitcoin. It woke up and realized the custody fees were too large to...
Bitcoin price hits $72K, but charts warn of pullback
Bitcoin price extended its breakout to $72,490 on Aug. 20 after forced short covering pushed the price through its 200-day moving averages, but an overbought...
Bitcoin Price Analysis: The Green Candle is Not Stopping!
Bitcoin price is changing hands near $72,000, and the Fear & Greed Index just jumped 16 points to 62, squarely in “greed” territory inline with...
Bitcoin ETFs draw $517M in largest one-day inflow since early May
US spot Bitcoin exchange-traded funds (ETFs) recorded $517.2 million in net inflows on Wednesday, their largest single-day investment since May 4, pushing August net inflows...
Crypto short liquidations pass $3B mark as Bitcoin price nears $72K
Bitcoin (BTC) and altcoins are breaking records as short position liquidations pass $3 billion over two days. Key points: Crypto short liquidations since Thursday are...
The Treasury buyback trade: how $4 billion in bond operations moved Bitcoin 8% in a day
The U.S. Treasury doubled its long-end buyback operations on Aug. 19, compressing yields and triggering the largest single-day crypto rally since March. This is the...