Mining News

PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time.

Chain tip: Block #961,722

█ Block #960,613

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█ Block #960,612

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Coingape

Michael Saylor Clarifies $5B Bitcoin Sale Claims, Says Strategy Will Remain ‘Net Buyer’ of BTC

Strategy’s co-founder, Michael Saylor, has clarified that his company’s plan to sell up to $5 billion of Bitcoin was what they authorized under the previously announced BTC monetization program. This follows reports today that the Bitcoin treasury firm had authorized a BTC sale of up to $5 billion after it posted a quarterly loss of The post Michael Saylor Clarifies $5B Bitcoin Sale Claims, Says Strategy Will Remain ‘Net Buyer’ of BTC appeared first on CoinGape .

█ Block #960,608

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█ Block #960,605

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█ Block #960,594

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CryptoSlate

If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68k

Bitcoin is trading near $63,000, with rate markets assigning roughly 66% odds to a September Federal Reserve hike, under a policy framework Kevin Warsh has left partly hidden. The Fed chair has defined his reaction function around “underlying inflation,” then declined to disclose how he weighs the indicators that produce that judgment. The official dashboard […] The post If the Fed trusts this single 2.2% metric, Bitcoin could break $65.3k and ignite a path to $68k appeared first on CryptoSlate .

█ Block #960,588

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█ Block #960,584

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█ Block #960,579

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█ Block #960,575

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CryptoSlate

Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin

The US government sold $44 billion of seven-year debt on July 28, and buyers accepted it at a yield of 4.473%. That was 21.3 basis points above the 4.260% yield awarded at June’s Treasury auction. Investors could lend money to Washington for seven years, collect regular interest, and lock in a return approaching 4.5% before […] The post Why a guaranteed 4.47% yield on $44 billion of US debt just raised the hurdle for Bitcoin appeared first on CryptoSlate .

█ Block #960,574

Block mined

Coingape

1 Reason Why Shiba Inu (SHIB) Price Is Rising Today?

Shiba Inu price rose 6.76% to $0.00000499 within 24 hours, outperforming a weaker cryptocurrency market. The world crypto market dropped 0.78% to $2.16 trillion with major digital assets under pressure due to Bitcoin-related uncertainty Bitcoin price was above $63,000, and Ethereum and XRP price were close to $1,860 and $1.06 respectively. The progress of SHIB The post 1 Reason Why Shiba Inu (SHIB) Price Is Rising Today? appeared first on CoinGape .

█ Block #960,570

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█ Block #960,568

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█ Block #960,567

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CryptoSlate

If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k

Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9.6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin notional near $9.7 billion. The immediate […] The post If Bitcoin breaks $62k over the weekend, a $1.1B short overhang stands ready to pull price down to $60k appeared first on CryptoSlate .

█ Block #960,564

Block mined

Coingape

Breaking: Bitcoin BIP-110 Soft Fork Fails After Strong Opposition From Michael Saylor

The BIP-110 soft fork proposed by Bitcoin has not been successful in gaining the necessary support from the community as some well-known Bitcoin supporters like Michael Saylor, Adam Back and JAN3 CEO Samson Mow are strongly against it. The proposal was to temporarily block the non-payment data on the Bitcoin blockchain but never went on The post Breaking: Bitcoin BIP-110 Soft Fork Fails After Strong Opposition From Michael Saylor appeared first on CoinGape .

█ Block #960,561

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Coingape

Bitcoin, Crypto Liquidations Hit $238M As Trump Threatens ‘Very Hard’ Strikes On Iran

Crypto liquidations slammed the market with roughly $238 million in losses after US President Donald Trump signaled readiness for intensified military strikes on Iran. Crypto liquidations skewed heavily toward long positions, per CoinGlass data, as traders rushed to cut risk exposure over the weekend. Ad Ad Trump’s ‘Very Hard’ Warning Rattles Leveraged Traders Speaking at The post Bitcoin, Crypto Liquidations Hit $238M As Trump Threatens ‘Very Hard’ Strikes On Iran appeared first on CoinGape .

█ Block #960,560

Block mined

Coingape

Crypto Market Update August 1: Bitcoin Drops Below $63,000 as Pi Network, PUMP, Lead Gains

The crypto market is dropping today, August 1, as escalating geopolitical tensions between the US and Iran weigh on market sentiment and trigger an increase in selling pressure. The ongoing drop has also caused $238 million in liquidations per Coinglass data, with 78% of these being long liquidations. However, Pi Network (PI) and Pump Fun The post Crypto Market Update August 1: Bitcoin Drops Below $63,000 as Pi Network, PUMP, Lead Gains appeared first on CoinGape .

█ Block #960,559

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█ Block #960,554

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CryptoSlate

Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing

Bloomberg Intelligence estimates the average net cost basis of US spot Bitcoin ETF capital at roughly $82,249, leaving the position about 22% underwater and sitting on $16.33 billion in unrealized losses. On Aug. 14, large investment managers must disclose their June 30 Bitcoin ETF positions, and those filings offer the clearest look yet at whether […] The post Wall Street is sitting on a $16.3 billion Bitcoin loss, and an August 14 deadline will expose who is quietly fleeing appeared first on CryptoSlate .