Category: Bitcoin News

Bitcoin Price Retests Support—Is the Market Bracing for Volatility?

boss

Bitcoin price attempted to start a fresh increase but failed at $89,500. BTC is now struggling below $86,500 and might continue to move down. Bitcoin started a fresh decline below the $86,500 zone. The price is trading below $86,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $87,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $85,000 zone. Bitcoin Price Dips Again Bitcoin…

Bitcoin stalls at $85k, month-end math signals trouble ahead

boss

Bitcoin is hovering just above $85,000, barely batting an eyelash at the softer-than-expected, highly scrutinized U.S. inflation numbers. Summary Bitcoin remains around $85,000 with little reaction to softer-than-expected U.S. inflation data, as $504M in liquidations hit the market in the past 24 hours. Notable analysts on X are weighing in on Bitcoin’s ongoing price struggles. Traders brace for volatility with the Bank of Japan’s upcoming decision and Bitcoin facing key resistance at $88K while support holds near $85.4K. Trader insights Crypto chart guru Ali Martinez notes that Bitcoin is still…

MicroBT Enters the Petahash Club, Taking Bitcoin Mining Rigs to a New Extreme

boss

Over the past year, application-specific integrated circuit (ASIC) technology has advanced substantially, and this month, Shenzhen, China-based MicroBT introduced its newest mining machine, boasting an unprecedented hashrate of 1,035 terahash per second (TH/s), equivalent to 1.35 petahash per second (PH/s) of raw computing power. MicroBT Crosses the Petahash Rubicon With a New Whatsminer At the […] Original

Inflation Cools and Stocks Rise, So Why Is Bitcoin Still Floundering?

boss

The cryptocurrency rallied momentarily Thursday morning before dropping back to $85K later in the day. Why Is Bitcoin Stuck With Inflation Cooling and Stocks Up? The Bureau of Labor Statistics (BLS) published its long-awaited Consumer Price Index (CPI) report on Thursday, revealing cooler-than-expected inflation data. Stocks rose on the news, and so did bitcoin, albeit […] Original

Will Bitcoin price rise or fall after the BoJ rate decision on Dec. 19?

boss

The Bitcoin price has remained on edge this week as investors await the Bank of Japan’s interest rate decision scheduled for Dec. 19. Summary Bitcoin price has pulled back this week as traders wait for the BoJ interest rate decision. Polymarket odds of a rate cut have jumped to 99%. Bitcoin has formed a bearish flag pattern on the daily chart. Bitcoin (BTC) token was trading at $87,700 at press time. This price was about 7.47% below the highest point this month, and 30% below the all-time high. Odds of…

Nordic Crypto Exchange Safello Partners With Fuels Capital for Bitcoin‑Collateral Custody

boss

Safello will custody bitcoin used as collateral for loans issued by Fuels Capital, launching a revenue‑sharing pilot in Stockholm. Safello, a cryptocurrency exchange focused on the Nordic countries, announced in Stockholm that it has entered a partnership with Fuels Capital to act as custodian for bitcoin‑backed loans. The agreement establishes a six‑month pilot during which […] Original

Hive boosts Paraguay Bitcoin mining as rivals pivot to HPC

boss

Holmes says Hive will keep expanding Paraguay Bitcoin mining and HPC sites despite leverage-driven BTC price volatility and short-term market contagion.​ Summary Hive raised daily production from 3 to 10 BTC and plans further mining expansion using low-cost Paraguayan hydro power.​ Management sees Bitcoin mining and HPC as parallel “twin engines,” using BTC cash flows to fund higher-margin computing centers.​ Paraguay’s surplus electricity and pro-miner policy give utilities steady revenue while Hive builds some of its most powerful data centers there.​ Hive Digital Technologies continues to expand Bitcoin mining operations…

Bitcoin miners face fresh Chinese crackdowns as Xinjiang shutdown cuts hashrate 8%

boss

China’s renewed Xinjiang crackdown has shut down roughly 400,000 ASICs, cutting Bitcoin hashrate by up to 10% and forcing miners to sell into record-low hashprice.​ Summary Around 400,000 Xinjiang mining machines have gone offline, slicing roughly 8–10% from Bitcoin’s network hashrate as China enforces fresh restrictions.​ Analysts say Asian miners and holders started offloading weeks ago, while Luxor data show hashprice at all-time lows and three straight negative difficulty adjustments.​ Asian exchanges show net spot selling as U.S. venues keep net buying, leaving Bitcoin near the bottom of its late‑November…

Bitwise says Bitcoin, Ethereum, and Solana eye new highs as ETF demand soars by 2026

boss

Bitwise forecasts new highs for Bitcoin, Ethereum, and Solana as ETFs absorb more than new supply, stablecoins surge, and tokenization reshapes institutional portfolios by 2026.​ Summary Bitwise projects Bitcoin, Ethereum, and Solana will hit new all-time highs as traditional four-year cycles give way to ETF-driven flows and macro factors by 2026.​ The firm expects ETFs to buy more than 100% of new BTC, ETH, and SOL issuance, while stablecoin growth and tokenization funnel institutional capital on-chain.​ Bitwise sees crypto equities outperforming tech stocks, forecasts 100+ US crypto ETFs, and predicts…