Author: boss

Bollinger Bands Creator Diverges With Traders as Bitcoin Breakout Begins

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Bitcoin (BTC) is attempting its first Bollinger Bands breakout in months, while creator John Bollinger is more bullish than some traders. Key points: Bitcoin faces stiff resistance as it attempts daily candle closes above the upper Bollinger Band. Volatility comes on cue after the Bands’ tightest-ever conditions last month. Creator John Bollinger takes advantage of positive trading signals as part of his investment program. Responses mixed as Bitcoin tests Bollinger Bands ceiling Data from TradingView confirms that on Wednesday, BTC/USD saw its second daily close above the upper Bollinger Band…

Bitcoin reserves hit 2023 lows but is the bottom confirmed?

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Bitcoin reserves on major exchanges are shrinking again, as CryptoQuant analyst Amr Taha reported sharp declines on Binance, OKX, and Gemini since February. Summary Binance, OKX, and Gemini saw nearly 100,000 BTC leave reserves since February, tightening supply. Analysts say Bitcoin must reclaim $88,880 to confirm strength and reduce overhead selling pressure. Whale realized prices near $66,000 to $70,600 remain key support if Bitcoin weakens again. The three platforms have seen almost 100,000 BTC leave their reserves. At a Bitcoin price near $81,300, that equals more than $8 billion in…

Trusted Volumes Confirms $6.7M DeFi Resolver Exploit

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TrustedVolumes, an independent market maker and resolver used by 1inch Fusion, confirmed it was exploited and said about $6.7 million in stolen funds are being held across three Ethereum addresses. In a Thursday X post, the market maker said the stolen funds were split across three wallets, with two addresses each holding about $3 million and a third holding about $700,000. TrustedVolumes said it was open to “constructive communication” over a bug bounty and a “mutually acceptable resolution.” The confirmation came after Web3 security company Blockaid said its exploit detection…

Bitcoin ETFs pull in $1.7B in five-day inflow streak

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U.S. spot bitcoin exchange-traded funds have extended their inflow streak to five straight sessions, drawing nearly $1.7 billion as institutional demand has continued alongside Bitcoin’s recovery above $80,000. Summary Bitcoin ETFs have attracted nearly $1.7 billion during a five-day inflow streak led by strong demand for BlackRock’s IBIT. Bitcoin price climbed back above $81,000 as easing tensions between the U.S. and Iran improved investor appetite for risk assets. According to SoSoValue data, the group of spot bitcoin ETFs recorded $46.3 million in net inflows on Wednesday after BlackRock’s IBIT brought…

Hut 8 Surges 30% After Landing Second AI Data Center Lease Worth $9.8 Billion – Bitcoin News

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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 energy–compute–markets nexus. The Miami-based company said it signed a $9.8 billion triple-net lease for 352 megawatts of IT capacity at its Beacon Point campus in Nueces County, Texas. The unnamed tenant was described as a “high-investment-grade company” deploying infrastructure for AI training and inference workloads. The deal marks Hut 8’s second major AI data center commercialization after its previously announced River…

Bitcoin price reclaims $81K as Iran says U.S. peace proposal “under review”

boss

Bitcoin price rebounded back above $81,000 as investor risk-on sentiment improved after Iran signalled that it was reviewing a U.S. proposal to end the war between the two nations. Summary Bitcoin price rebounded above $81,000 after Iran said it was reviewing a U.S.-backed peace proposal that could reopen the Strait of Hormuz. Oil prices declined for a third straight day amid optimism around a potential U.S.-Iran ceasefire, supporting renewed risk appetite across crypto markets. Bitcoin’s Supertrend remained green while MACD formed a bullish crossover, with traders watching the $84,000–$85,000 zone…

US Bitcoin Reserve Plan Nears Major White House Update

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White House crypto advisor Patrick Witt said the Trump administration will announce new details on the US Strategic Bitcoin Reserve within “the next few weeks,” framing the update as both a policy milestone and a custody response after an alleged exploit involving digital assets held by the US Marshals Service. Speaking at Consensus 2026 in Miami on Wednesday, Witt said the administration’s work on the Strategic Bitcoin Reserve, or SBR, and the separate digital asset stockpile had been progressing largely out of public view. The next announcement, he indicated, will…

Quantum Also Adds Proof-of-Ownership Headaches

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Blockchain protocols preparing for the quantum computing threat should also consider how to quickly verify ownership on the blockchain if funds are stolen, the development and research team behind the layer-1 NEAR Protocol said. Concerns that quantum computers could eventually break blockchain cryptography have fueled worries about private keys and wallet security, but most of the conversation has focused on preventing such attacks. “We won’t be able to tell if someone running a transaction is the rightful owner of the asset or not,” Near One’s chief technology officer, Anton Astafiev,…

Samourai Wallet Developer Appeals for Help With $2 Million Legal Debt

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Keonne Rodriguez, one of the developers behind the crypto-mixing protocol Samourai Wallet, is appealing to the crypto community for donations to help cover legal bills and fines tied to his trial over money laundering. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison, respectively, on charges stemming from their involvement in the protocol. Rodriguez said in an X post on Wednesday that he desperately needs help after being “financially wiped out,” accruing $2 million in debt from legal fees…

President Trump sons’ Bitcoin miner stumbles with $82M Q1 loss

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American Bitcoin reported an $81.7 million first-quarter loss as revenue came in below analyst expectations.  Summary American Bitcoin reported an $81.7 million Q1 loss as revenue missed analyst forecasts by 17%. The miner produced a record 817 Bitcoin while cutting mining costs to $36,200 per BTC. Shares slipped as results showed pressure from lower Bitcoin prices and tighter mining margins industrywide. The Bitcoin mining company is linked to U.S. President Donald Trump’s sons, Eric Trump and Donald Trump Jr. The company posted $62.1 million in revenue for the quarter ended…