Author: Cointelegraph by Vince Quill

Bitcoin mining company Bitdeer confirmed that a fire broke out at its facility in Massillon, Ohio, on Tuesday, with no reported casualties. The fire affected two of 26 buildings under construction at the Massillon site, which does not have any mining rigs installed, according to an announcement on Wednesday. Bitdeer said it “does not expect”…
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Crypto whales and long-term holders are cashing out, exerting constant selling pressure on markets, and keeping crypto prices suppressed, similar to market dynamics following the 2000s dot-com stock market crash, according to analyst Jordi Visser. Visser said the current price action in the crypto market is reminiscent of the period following the 2000 dot-com stock…
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United States President Donald Trump announced on Sunday that most Americans will receive a $2,000 “dividend” from the tariff revenue and criticized the opposition to his sweeping tariff policies. “A dividend of at least $2000 a person, not including high-income people, will be paid to everyone,” Trump said on Truth Social. The US Supreme Court…
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The Bitcoin (BTC) power law, which places BTC at a “fair value” of $142,000, suggests that the price of BTC is getting ready to burst to the upside, according to author and analyst Adam Livingston.  Bitcoin’s upper band price by December 31, 2025, is projected at about $512,000, while the fair-value price sits at about…
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Binance co-founder CZ said he was somewhat surprised at receiving a pardon from United States President Donald Trump and denied having a business relationship with the Trump family during an interview on Friday. CZ told Fox News that he never physically met or spoke with Trump before or after receiving a presidential pardon in October,…
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Bitcoin’s mining sector is under mounting pressure as the hash price, the industry’s key profitability metric, slips toward levels that could force smaller operators offline and strain the wider supply chain. Hash price, which measures expected daily revenue per unit of computational power, is currently around $42 per petahash per second (PH/s). The metric has…
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Bitcoin exchange-traded funds (ETFs) saw less than $1 billion in outflows following the historic crypto market crash in October that caused a 20% decline in BTC’s price, according to senior Bloomberg ETF analyst Eric Balchunas. The ETFs broke a six-day outflow streak on Thursday, recording about $240 million in capital inflows, Balchunas said, sharing a…
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Crypto treasury company Strategy is moving forward with its plan to expand Bitcoin holdings, pricing a new euro-denominated perpetual preferred stock designed to fund additional crypto purchases. The company said on Friday that its Series A Perpetual Stream Preferred Stock (STRE) will debut at 80 euros ($92.50) per share, raising an estimated 608.8 million euros…
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