Bitfury is the latest Bitcoin miner to pivot away from the mining sector, announcing it will become an investment firm focused on “ethical emerging technologies,” including artificial intelligence and crypto. Bitfury said on Tuesday that it would pour $1 billion into AI and crypto startups as early as the fourth quarter of 2025, with the…
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Analysts have questioned whether November deserves its reputation as Bitcoin’s historically “strongest month” after the cryptocurrency dropped 10% over the past seven days and briefly sank below $90,000. “Historical averages suggest strength, but those numbers are skewed and the current backdrop is anything but normal,” James Harris, the CEO of crypto yield provider Tesseract, told…
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Key takeaways: Federal Reserve balance-sheet limits and possible repo operations point to improving liquidity conditions that could boost Bitcoin and other risk assets. Fiscal strain and sector weakness currently weigh on markets, but easing tariffs and a targeted stimulus plan may support a recovery in crypto demand. Bitcoin (BTC) and the broader crypto market could…
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The Republic of the Marshall Islands announced that it would allow citizens to access funds through a government-issued digital asset as part of the nation’s Universal Basic Income (UBI) program. In a Wednesday announcement shared with Cointelegraph, the government of the island nation said it had launched a digital wallet called Lomalo, which will utilize…
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Key takeaways: Bitcoin’s drop below its MVRV Mean band puts $75,700 as the next major downside target. BTC whales are accelerating their purchases as Wall Street analysts predict a 40% price rebound by year-end. Bitcoin (BTC) may be preparing for a deeper decline after breaking below a crucial long-term support level that has helped stabilize…
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The US Office of the Comptroller of the Currency (OCC) issued guidance to banks confirming their authority to hold specific cryptocurrencies for the purpose of paying network gas fees. In a Tuesday notice, the OCC said US banks were allowed to hold crypto on their balance sheets to pay network, or gas fees, provided the…
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Key takeaways: Bitcoin rebounded 4% from a key range under $90,000, outperforming US equities on Tuesday. Tech stocks slid ahead of Nvidia’s pivotal Q3 earnings, which could determine the next phase of the AI trade. The Coinbase premium gap plunged to negative $114, pointing to waning institutional demand, which may keep BTC range-bound in the…
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Stablecoin issuer Tether has invested in Ledn, a platform providing consumer loans collateralized by Bitcoin, the company said Tuesday. The funding is targeted toward developing financial infrastructure that allows businesses and individuals to access liquidity and credit against their Bitcoin (BTC) without needing to sell their holdings. Ledn, founded in 2018, provides users in over…
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Bitcoin (BTC) is the solution to the loss of purchasing power and downward social mobility. However, individuals must understand the root economic issues to see Bitcoin’s true value as a savings vehicle, according to Natalie Brunell, journalist and author of “Bitcoin is for Everyone.” Brunell is a first-generation immigrant; her family came to the US…
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After an explosive two-year run that pushed Bitcoin to new heights, the tide has turned. In our latest interview, renowned investor and Morgan Creek Capital founder Mark Yusko breaks down why he believes we’ve officially entered a Bitcoin bear market — and why this one may look very different from the brutal winters of the…
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