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
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
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…
Bitcoin’s been in a mood lately—dipping, bouncing, and teasing chartists with every candle. Hovering just below $88,000 on Thursday morning around 8:30 a.m. EST, the king of crypto seems caught in a flirtation between bears reluctant to let go and bulls trying to gather their courage. Bitcoin Chart Outlook Relative strength index ( RSI) on […] Original
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
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…
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 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…
Brazil’s B3 plans RWA tokenization, a BRL stablecoin and Bitcoin, ETH, SOL options to link digital assets with the country’s stock market infrastructure. Summary B3 will launch a tokenization platform for real-world assets, starting with tokenized equities integrated into its existing exchange infrastructure. The exchange plans a real-pegged stablecoin for on-chain clearing and settlement, alongside proposed weekly BTC, ETH, and SOL options pending CVM approval. The move follows Brazil’s narrowed Drex pilot, positioning B3’s blockchain rails as an extension of the traditional market rather than a separate crypto venue. Brazil’s…
Bitcoin price keeps falling as miner liquidations, Asian whale selling, and China’s renewed mining crackdown outweigh ongoing institutional BTC accumulation. Summary China’s renewed mining restrictions cut Bitcoin hash rate by about 8%, pressuring miners to liquidate BTC and adding forced sell-side flow. Long-term “OG” Asian holders accelerate distribution on exchanges like Binance, Bybit, and OKX, offsetting institutional accumulation on Coinbase. U.S. institutions keep buying BTC, but regional selling from Asia and distressed miners caps upside until excess supply is fully absorbed. Bitcoin prices continued to decline despite institutional purchasing activity,…