Bitcoin mining company Hut 8 is building four new Bitcoin mining sites in Texas, Louisiana and Illinois, adding 1.5 gigawatts of capacity as US miners tighten their grip on the global hash rate. According to a Tuesday announcement, the expansion is aimed at broadening the company’s geographic footprint and target markets where “energy demand [is]…
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Users of the Binance cryptocurrency exchange deposited $1.65 billion in stablecoins, a large inflow often seen as a precursor to renewed demand for spot cryptocurrencies following the recent market sell-off. The deposit coincided with nearly $1 billion in Ether (ETH) withdrawals from Binance, according to onchain analytics provider CryptoQuant. It also marked the second time…
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It is now clear to most investors, especially those who have survived one or more crypto winters, that Bitcoin moves in cycles of about four years. Many argued until 2022 that Bitcoin would always remain above its previous highs. This happened in 2011, in 2014 and in 2018. In 2022, however, the price of Bitcoin…
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Prediction market Polymarket has added Donald Trump Jr. to its advisory board after receiving a strategic investment from 1789 Capital, which describes itself as a politically aligned vehicle backing companies it sees advancing “American exceptionalism.” The companies did not revealed financial terms, but Axios estimated the investment at “double-digit millions of dollars.” Trump Jr. became…
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Key takeaways: $33 trillion in debt will mature across advanced economies in 2026, forming a refinancing wall that could drain liquidity and weigh on risk-on assets as borrowing costs remain high. Global liquidity is projected to peak in late 2025, historically a precursor to tighter markets. Secular bull markets since WWII have lasted 18 to…
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While the US GENIUS Act is being celebrated as a market catalyst for stablecoin adoption, Japan’s earlier reforms show the flip side: Clarity doesn’t automatically translate into immediate real-world utility. Japan had the world’s first comprehensive stablecoin regime in 2023, but adoption has been muted. Licensed issuers exist on paper, yet there’s no thriving yen-stablecoin…
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Key points: Bitcoin is “getting closer” to its next local bottom after a trip below the $109,000 mark. A positive Coinbase Premium returns, raising hopes of a US demand recovery. ETF flows end Monday positive in a surprise comeback despite the BTC price downside. Bitcoin (BTC) consolidated around $110,000 at Tuesday’s Wall Street open amid…
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How is the stablecoin framework evolving in South Korea? South Korea has become a key focus in the global stablecoin conversation as it draws close attention from major players like Binance and Tether. Both companies are among the largest stablecoin issuers worldwide, and they both could face major challenges depending on how new regulations unfold…
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Bitcoin (BTC) is teasing a breakdown below old all-time highs at $109,300; where will BTC price action head next? Crypto traders are ready with BTC price targets as bulls nurse a 13% pullback from all-time highs. Bitcoin’s key trendlines in danger Bitcoin’s latest dive took BTC/USD below previous all-time highs first seen in January 2025. That…
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Spot Bitcoin exchange-traded funds (ETFs) ended a six-day streak of net outflows on Monday, with $219 million in daily inflows. ETF data platform SoSoValue showed that spot Bitcoin (BTC) ETFs rebounded on Monday, marking a shift in sentiment after six consecutive trading days of net outflows. The outflow streak started on Aug. 15 and extended…
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