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Bitcoin
Bitcoin Miners Spend Billions on AI as Revenue Lags
Public Bitcoin miners are spending billions chasing artificial intelligence and high-performance computing revenue, though returns have yet to keep pace,…
Bitcoin Price Hits New Local High Above $72,500 Despite Cooling US Stocks
Bitcoin (BTC) saw multimonth highs after Thursday’s Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves.Key points:Bitcoin builds…
Bitcoin ETFs Draw $517M in Largest Daily 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…
Bitcoin Eyes $72,000 As Crypto Short Liquidations Pass The $3 Billion Mark
Bitcoin (BTC) and altcoins are breaking records as short position liquidations pass $3 billion over two days.Key points:Crypto short liquidations since Thursday…
US Debt Buyback Boost Sends Bitcoin To Multimonth High Above $69,000
Bitcoin (BTC) saw its highest levels since the start of June after Wednesday’s Wall Street open as markets reacted to a US government liquidity move.Key…
Bitcoin Price Could Reach $100K by Year-End: Standard Chartered
Bitcoin could be poised for a run toward $100,000 by year-end as the US Treasury ramps up support for the long end of the government bond market in an effort to…
BlackRock Still Views Bitcoin As A ‘Low-Correlation Diversifier’ Despite $60,000 Dip
Bitcoin (BTC) falling more than 50% from its $126,200 all-time high was a “positioning correction,” BlackRock says.Key points:A BlackRock report attributes…
Sweden’s H100 reports $26M H1 loss driven by falling Bitcoin value
Sweden’s H100 reported a $26 million loss for the first half of the year, as it completed its acquisitions to become Europe’s second-largest Bitcoin treasury by…
Bitcoin ETFs add $189M as August net inflows approach $1B
US spot Bitcoin ETFs took in $189 million on Tuesday, lifting August net inflows to $951 million, while Ether ETFs added $71.5 million.
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Metaplanet to Take Controlling Stake in Super League Enterprise
Metaplanet, the Tokyo-listed company that has adopted Bitcoin as its primary treasury reserve asset, plans to take a controlling stake in Nasdaq-listed Super…