Bitcoin and ether exchange-traded funds (ETFs) started the week in the red with $457 million and $136 million in outflows. 7-Day Inflow Streak Comes to an End With Significant Outflow U.S. spot bitcoin ETFs experienced a net outflow of $457.48 million on Monday, Jan. 27, following seven consecutive days of positive inflow. Fidelity’s FBTC led […] Original
Este artículo también está disponible en español. The so-called memecoins, initially dismissed as something of a passing internet joke, now seem to have a big possibility of turning into a more serious asset class in the crypto space. According to analysts, by 2030, these coins are likely to experience significant maturation, transitioning from speculative plays into recognized components of the financial ecosystem. Related Reading Current Status Of Memecoins Currently, memecoins like Dogecoin and Shiba Inu are primarily fueled by social media hype and speculative trading. Their value can be extremely…
Hive Digital Technologies Ltd. announced the acquisition of Bitfarms’ 200 MW hydro-powered Bitcoin mining facility in Yguazú, Paraguay, aiming to increase its global mining capacity to 25 exahash per second (EH/s) by September 2025. Hive Digital Expands to 430 MW Global Capacity with Paraguay Hydro-Powered Site The $56 million deal includes a 240 MVA substation, […] Original
With DeepSeek forcing American AI companies to consider whether they’re pouring excessive funds into their AI projects, the AI industry is poised for a potential revolution. The Chinese AI startup’s R1 model isn’t only better than industry leaders ChatGPT 4o, Claude, and Llama, but it’s also far cheaper and more efficient. Even Sam Altman, CEO of OpenAI, came out in appreciation of DeepSeek, calling it “impressive.” He also added that he’s thrilled to have a new competitor and that OpenAI is working on delivering “much better models.” Additionally, Trump also…
Este artículo también está disponible en español. DeepSeek, the Chinese open-source AI model making waves in Silicon Valley, is extremely bullish on Bitcoin, predicting a potential peak of between $500,000 and $600,000 by the first quarter of 2026. This bold outlook emerged after the AI was asked to factor in both historical models and on-chain data, alongside a pro-Bitcoin approach from President Trump. DeepSeek’s Bitcoin Price Prediction DeepSeek begins by discussing what it calls the “Key Implications of the Crypto Executive Order,” which it believes would change the calculus for…
Este artículo también está disponible en español. Bitcoin’s price action in the past 24 hours has been characterized by intense volatility as it touched both the lower and upper ends of $98,380 and $103,369, respectively. Technical analysis of the Bitcoin price action on the weekly candlestick timeframe shows that the leading cryptocurrency is on the path to a price target of $117,000. An analyst on the TradingView platform has outlined a detailed roadmap for Bitcoin’s journey to this $117,000 price target, highlighting a series of key price zones and market…
The strategic bitcoin roadmap by Metaplanet for 2025 and 2026 will see the company establish itself as one of the largest bitcoin owners globally. Metaplanet Doubles Down on its Bitcoin Position Metaplanet, fondly known as Asia’s MicroStrategy, has announced that it will raise approximately $745 million (¥116 billion) for more bitcoin purchases by issuing 21 […] Original
The Arizona Senate Finance Committee has approved SB1025, also known as the “Arizona Strategic Bitcoin Reserve Act.” The Act was approved in a 5-2 vote. Co-sponsored by State Senator Wendy Rogers and Representative Jeff Weninger, the bill seeks to allow up to 10% of Arizona’s public funds, including state treasurer and retirement system reserves, to be invested in Bitcoin (BTC) and other digital assets. The bill will now proceed to the Senate Rules Committee, which will establish guidelines for debate and potential amendments on the Senate floor. If approved by…
As U.S. and European equities faltered on Monday amid a surge of interest in the artificial intelligence (AI) platform Deepseek, publicly traded bitcoin mining companies faced significant setbacks during the market downturn. Bitcoin Mining Stocks Suffer Heavy Losses A total of 32 publicly traded mining firms endured sharp declines yesterday, largely attributed to the market […] Original
Este artículo también está disponible en español. Bitcoin experienced a rollercoaster start to the week as the cryptocurrency dipped 5% below the critical $100K mark, only to recover and climb back above it. Monday’s price action highlighted the ongoing volatility in the market, leaving investors divided on Bitcoin’s next move. Some analysts are calling for a surge above the all-time high (ATH), while others warn of a potential continuation of the recent decline. Related Reading Market sentiment remains mixed, with uncertainty dominating investor decision-making. However, Bitcoin’s resilience above the $100K…