Live updates: Bitcoin holds above $64,000 as Nasdaq surges on AI trade comeback
The Nasdaq gained more than 2%, with Microsoft higher by 15% after its cloud unit grew at the fastest pace in four years while it held the line on spending.
PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time. Subscribe via RSS.
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The Nasdaq gained more than 2%, with Microsoft higher by 15% after its cloud unit grew at the fastest pace in four years while it held the line on spending.
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the biggest IPO in history more accurately than Wall Street, and then watched the stock walk away from them.
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Core Scientific (NASDAQ: CORZ) has paid $41.9 million to terminate a bitcoin miner contract with Block and its Proto unit, underscoring the data center operator’s accelerating retreat from bitcoin mining toward AI infrastructure. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) […]
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Talus (US) has entered the top 100 alts after a massive 20% daily surge. The asset is up by 600% monthly.
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Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.
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Four analysts agree the Fed's hawkish hold changes the calculus for risk assets, but they split on whether bitcoin's real test is already here or still six weeks away.
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Veteran trader Peter Brandt says the same chart patterns that helped him trade soybeans nearly 50 years ago continue to work in Bitcoin.
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The HAWK system isn't deployed anywhere, and Bitcoin doesn't use it. But is sitting in the same quantum race that Bitcoin developers are scrambling to finish.
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Critics have challenged the forecast, arguing that BTC's historical tops have consistently arrived after, not before, halvings.
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The market is ready for the recovery, but investors shut down the attempt on multiple assets simultaneously.
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Is another leg down looming for BTC after the rejection at $67,000 last week?
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ETF outflows, softer perpetual buying and stagnant on-chain capital leave long-term holders carrying the immediate support test. The post Three key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders appeared first on CryptoSlate .
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Bitcoin Magazine Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act The pro-crypto senator is the latest to come out and try to get the bill over the line. This post Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Bitcoin is nearing a market bottom, according to a key valuation metric called the Yardstick from Fidelity Digital Assets.
Microsoft reported $90 billion in fiscal fourth quarter revenue on Wednesday, beating analyst estimates of $87.72 billion, as Azure cloud revenue grew 43% and lifted adjusted earnings to $4.74 per share. The print landed while Bitcoin trades roughly 50% below its record high. That gap leaves traders to judge whether an accelerating AI cycle in The post Microsoft Crushes Q4 as Azure Growth Fuels AI Boom, How Should Traders Position? appeared first on BeInCrypto .
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A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company.
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New research outlines a cryptographic approach that could allow Bitcoin and other blockchain wallets to remain compatible with existing addresses in a post-quantum future.
Raphael Zagury says mining and other cash-generating businesses could deliver better risk-adjusted returns measured in Bitcoin. The post “There’s no free money forever”: Twenty One Capital’s new CEO warns the Bitcoin treasury playbook is dying appeared first on CryptoSlate .
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Bitcoin Magazine Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged The leading cryptocurrency didn't move much — and it wasn't clear what the Fed will do next. This post Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
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Chair Kevin Warsh kept the federal funds rate at 3.5%–3.75% and offered no new signals on when cuts—or hikes—might come.