Author: boss

Why Bitcoin miners are becoming AI data centers

boss

While Bitcoin fell roughly 17% through the first months of 2026, a basket of Bitcoin mining stocks rose more than 50%, with the best performers up over 70%. Summary Public Bitcoin miners have secured more than $70 billion in AI and high-performance computing contracts as the sector shifts away from dependence on mining revenue. Mining stocks have outperformed Bitcoin in 2026, with a basket of listed miners gaining over 50% while BTC has fallen about 17%. Miners have sold more than 15,000 BTC from corporate treasuries and taken on billions…

Ethereum Golden Triangle Survives As Structure Remains Unbroken, This Target Says $10,000 Is Coming

boss

Technical analysis of the 3-week chart outlook shows ETH pressing into the apex of a golden triangle formation that has survived the Covid crash, the 2022 bear market, and the ongoing 2026 correction. According to the analyst who first identified it, what happens next at the apex of that structure may define Ethereum’s trajectory for the next several years. Ethereum’s Nine-Year Structure Ethereum’s 3-week candlestick chart highlights a long ascending support line beginning near the early market cycle lows and stretching through the 2020 Covid crash, the 2022 bear market,…

Bitcoin Risks $55K Slide as Analyst Doubles Down on $100K Target

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Key Takeaways A crypto strategist said bitcoin could revisit $55,000 if the $60,000 support level breaks. The $55,000 level aligns with bitcoin’s realized price and has held during major downturns. Despite recent pressure, the strategist maintained a $100,000 year-end target for bitcoin. Why Bitcoin’s Key Support Zone Could Define the Next Market Move Bitcoin could revisit $55,000 as investors watch whether the key $60,000 support level holds, Matt Mena, senior crypto research strategist at 21Shares, said on June 5. 21Shares is one of the world’s leading issuers of crypto exchange-traded…

What 13 days of Bitcoin ETF outflows really means

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It is the longest losing streak the spot Bitcoin ETFs have ever recorded. Summary U.S. spot Bitcoin ETFs recorded a record 13 consecutive trading days of net outflows, with roughly $4.37 billion leaving the funds between May 15 and June 3. BlackRock’s IBIT accounted for about $3.3 billion of the withdrawals as total spot Bitcoin ETF assets fell from $104.29 billion to $82.83 billion. The streak highlighted the growing influence of ETF flows on Bitcoin price action, though cumulative net inflows since launch still exceed $55 billion. Between May 15…

South Korean Traders Push Bitcoin Into Its Deepest Discount Since 2021 – Bitcoin News

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Key Takeaways Bitcoin hit a 3.1% KRW discount on June 1, its deepest gap since February 2021. Upbit logged $1.21B on June 6, yet BTC traded 2.46% below global prices. SK Hynix gained 1,000%+ as AI stocks rallied; BTC demand may stay muted. Nearly a Month of Discounts Signals a Dramatic Shift in Korean Bitcoin Demand For bitcoin pricing in South Korea, 2026 has delivered an unusual twist, with a substantial share of the year marked by pronounced discounts rather than the country’s customary premium. According to Cryptoquant metrics, the…

CLARITY Act Momentum Slows As Approval Odds Fall To 60%

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A July 4 target date for advancing crypto market-structure legislation through the Senate is now looking less certain, according to Galaxy Digital’s head of research. Senate Calendar Creates A Bottleneck Alex Thorn revised his probability estimate for the CLARITY Act passing in 2026 from 75% down to 60%, citing a Senate schedule that has grown increasingly crowded with competing priorities. Next week’s agenda is expected to be taken up largely by FISA-related business following a failed reauthorization vote, leaving little room for crypto legislation to advance. Thorn said the obstacle…

Goldman Sachs, Apex Group, and Archax Build Institutional Tokenized Real Estate Fund – Bitcoin News

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Key Takeaways Goldman Sachs issued the first blockchain-native tokens for the LRC real estate fund on April 27, 2026, via its GS DAP platform. Apex Group, servicing over $3.5 trillion in assets, handles AIFM, administration, and depositary roles for the Luxembourg-domiciled fund. The structure targets institutional investors across the EEA, with no retail access or secondary market trading announced yet. The fund, formally structured as the LRC Tokenized Real Estate Fund SCSp, SICAV-RAIF, is domiciled in Luxembourg and distributed across the European Economic Area. Its first token issuance took place…

Bitcoin most oversold since 2020 crash: Can BTC rebound to $70K next?

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Bitcoin’s latest oversold RSI mirrors 2020 and February 2026 setups that preceded 50% and 30% rebounds, putting $70K back in focus. Bitcoin (BTC) is now flashing its most oversold signal since the COVID-19 crash, raising the odds of a relief rebound toward $70,000 in the coming weeks. Key takeaways: As of Saturday, Bitcoin’s daily relative strength index (RSI) stood near 15.5, well below the 30 level that typically marks oversold conditions and its lowest reading since the March 2020 market crash. Read more Original

Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500

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Key Takeaways U.S. spot bitcoin ETFs lost $326 million while ether ETFs shed $5.97 million yesterday. The redemptions resumed selling pressure barely a day after both products snapped outflow streaks. Persistent outflows signal cooling institutional appetite as bitcoin trades near multi-week lows, bottoming out at a local low of about $59,000 recently. Outflows Return After a Brief Reprieve Spot ETFs are regulated funds that hold bitcoin or ether on behalf of investors and trade like stocks, giving traditional money a familiar wrapper for crypto exposure. Net flows into and out…

Bitcoin Price Under Bearish Pressure For 48 Straight Days On Binance

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The Bitcoin price faced overwhelming bearish pressure this past week, but it appears that this bearish story has been building up for much longer than was apparent in BTC’s previous price action. According to a recent on-chain analysis, the Bitcoin price has been under sell pressure on the largest cryptocurrency exchange for more than a week. Binance Bitcoin Inflows Signal Sell Pressure For 48 Consecutive Days In a recent QuickTake post on CryptoQuant, a pseudonymous on-chain analyst, Crazzyblockk, revealed an ongoing streak of Bitcoin selling on Binance, the world’s leading crypto…