PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time. Subscribe via RSS.
Chain tip: Block #971,833
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Bitcoin held near $64,000 despite the Fed's hawkish split, Iranian ballistic missiles and an 8% surge in oil overnight that sent the Dow down 2.2% and the Nasdaq to a three-month low.
Bitcoin has historically struggled before US midterms, with past recoveries beginning once election uncertainty faded.
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DCG’s Fortitude Mining has entered into purchase agreements worth about $45 million for mining hardware and Nebraska infrastructure as it accelerates vertical integration in Zcash mining. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, data, and insights on the […]
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The Federal Reserve held its benchmark rate at 3.50% to 3.75% on July 29 in a 9-3 vote that showed real division inside the committee: Beth Hammack, Neel Kashkari and Lorie Logan all preferred a quarter-point increase. That was the first time since September 2016 that three policymakers dissented in the same direction. Bitcoin briefly […] The post Three Fed officials just voted for a rate hike as Bitcoin hangs by a thread on a $62,000 shelf appeared first on CryptoSlate .
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Bitcoin has completed a multi-year chart pattern that could send it surging back into six figures, says renowned analyst Vivek Sen.
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Pi Network price is up by 4.71% today, July 30, to trade at $0.082 at the time of writing. PI is among the few gainers in the crypto market today as it outperforms Bitcoin, which is down by 0.74 at the time of writing. The ongoing gains come ahead of the seventh protocol upgrade on The post Pi Network Price Prediction as PI Outperforms Bitcoin Ahead of Ninth Protocol Upgrade appeared first on CoinGape .
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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.
