Bitcoin developers largely dismiss quantum computing as a near-term threat to network security, according to an index of public statements compiled by Nic Carter. Carter’s Index Shows Bitcoin Developers Largely Unmoved by Quantum Computing Warnings Nic Carter, a general partner at Castle Island Ventures and co-founder of Coin Metrics, assembled comments from Bitcoin developers to […] Original
Bitcoin price extended its decline below $73,500. BTC is now consolidating losses but faces many hurdles near $75,500. Bitcoin is attempting to recover but struggling to clear hurdles. The price is trading below $75,000 and the 100 hourly simple moving average. There is a bearish trend line forming with resistance at $75,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $72,000 and $71,200 levels. Bitcoin Price Dips Further Bitcoin price failed to remain stable above the…
IREN Ltd., once known for mining Bitcoin, is undergoing a dramatic reinvention as an AI infrastructure provider—a transformation that will face a critical test when the company reports second-quarter earnings on Thursday. Summary IREN has pivoted from Bitcoin mining to AI cloud infrastructure, repurposing its energy sites into data centers and securing a $9.7 billion partnership with Microsoft to support next-generation compute. Shares have sold off sharply ahead of Q2 earnings as investors focus on dilution risk. The upcoming earnings report has investors concerned over whether funding roughly 140,000 GPUs…
Bitcoin fell below $73,000 for the second straight day, extending a volatile week in which it lost nearly 18% of its value and erased about $500 billion from its market cap since mid‑January. Bitcoin Erases Gains as Liquidations Mount For the second consecutive day, bitcoin slid below the $73,000 threshold, extending a volatile week that […] Original
Crypto wasn’t spared from the tech risk-off mood. Bitcoin slid 2.5% to around $73,000 — its lowest level since early November 2024 — officially giving back the entire post-Trump election rally, no receipt required. Strategy Inc. sank 8% to its weakest level since September, while Solana (SOL) and Ethereum (ETH) joined the selloff, falling about 7% and 5%, respectively. Summary The crypto market crash continued falling on Wednesday, with Bitcoin moving below $75,000. This crash coincided with the stock market sell-off. Most geopolitical analysts believe that Donald Trump will attack…
Bitcoin rebounded from recent lows after U.S. lawmakers ended the government shutdown, but lingering fiscal deadlines and cautious derivatives positioning suggest crypto markets remain on edge. Crypto Volatility Persists Despite U.S. Shutdown Resolution Crypto markets remain unsettled as short-term political relief gives way to fresh sources of uncertainty. Bitcoin briefly fell to around $72,800, its […] Original
Bitcoin price has deteriorated over recent weeks, with repeated bearish daily closes below key support increasing downside risk toward $54,860. Summary Bitcoin is trading below the $78,000–$78,289 support on daily closes Downside risk increases toward $54,860, high-timeframe support 0.618 Fibonacci confluence may allow a potential market low to form Bitcoin (BTC) price has entered a vulnerable phase after failing to hold several critical technical levels that previously supported price action. Over the past few weeks, the market has shifted from consolidation into sustained weakness, with sellers gaining control across multiple…
Crypto ETF flows diverged sharply as bitcoin products faced heavy redemptions, while ether, XRP, and solana managed to attract fresh capital. The split highlighted selective risk-taking as February’s early momentum cooled. Bitcoin Net Assets Slips Below $100 Billion While Ether and XRP Turn Green The second trading day of February delivered a clear shift in […] Original
Bitcoin’s price stands at $76,065 on Feb. 4, 2026 at 8 a.m. EST, capping a dramatic 24-hour range between $72,863 and $79,113. Its market capitalization hovered at $1.51 trillion, with $74.04 billion in trading volume keeping the digital pulse fast and furious. But while price action hinted at recovery, the technical picture tells a more […] Original
Ark Invest bought Coinbase, Block, Bullish, Circle and Bitmine as Bitcoin and Ether traded below key moving averages, with sentiment weak but long‑term theses intact. Summary Ark Invest accumulated shares of Bitmine, crypto exchange Bullish, Circle, Block Inc. and Coinbase as their prices slid with the broader digital asset market. The buying coincided with Bitcoin and Ether trading below their 200‑day moving averages and long‑term trend lines, while sentiment gauges flashed heightened caution. Bitwise CIO Matt Hougan described an extended bear phase since early 2025, while Cathie Wood highlighted gold’s…