Bitcoin breaks above 200-day moving average for first time since November
The BTC price reclaimed its 200-day moving average for the first time in nine months as its rally gained momentum after the US Treasury expanded its bond…
US Debt Tops $40T as Analysts Weigh Impact on 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 a…
Optimism Redirects 546.9M OP Airdrop Allocation to Ecosystem Fund
Blockchain Optimism’s governance has approved a proposal to repurpose 546.9 million OP tokens previously reserved for user airdrops to support ecosystem growth…
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…
GnosisDAO Approves Gnosis Chain for Ethereum Economic Zone
GnosisDAO approved Gnosis Chain’s transition from a standalone layer-1 network to a ZK-proven Ethereum Economic Zone (EEZ) rollup.GIP-153 received 123,158 GNO in…
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…