Bitcoinโs Coinbase premium has fallen to its lowest level this month, adding to signs that institutional investors in the U.S. have continued selling the flagship crypto while spot demand weakens. Summary Coinbase Premium has dropped to its lowest level this month as institutional Bitcoin selling pressure intensified. CryptoQuant analysts said weak Coinbase demand points to limited support from U.S. spot buyers. Spot Bitcoin ETFs have recorded $1.3 billion in outflows since May 14, while Bitcoin open interest fell by $1.5 billion this week. According to data shared by CryptoQuant analyst…
Tag: Bitcoin
Bitcoin & Ethereum are about to SKYROCKET! (SERIOUSLY)
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Applied Digital Tops 1 GW as AI Factory Campus Locks $7.5B Hyperscaler Lease โ Bitcoin News
Key Takeaways Applied Digital signs a 15-year, $7.5B lease at Polaris Forge 3, pushing total contracted revenue to $31B. APLD now holds 1,200 MW of contracted AI capacity across 4 campuses, with 65% backed by investment-grade hyperscalers. Polaris Forge 3 is set to begin operations in August 2027, with APLD actively marketing 1.7 GW of additional power. Applied Digital Pushes Total Contracted Revenue to $31B With Fourth AI Campus Deal Applied Digital Corp. (Nasdaq: APLD), the Dallas-based artificial intelligence (AI) infrastructure provider, bitcoin miner and data center developer, announced the…
Bitcoin reserve plan gets 20-year lock in new ARMA bill
U.S. lawmakers have introduced ARMA, a new bill that seeks to create a Treasury-run Strategic Bitcoin Reserve with a 20-year holding rule. Summary ARMA would create a Treasury-run Bitcoin reserve and separate stockpile for other federal digital assets. The bill would keep federal Bitcoin locked for 20 years, unless sold to reduce debt. Lawmakers also want quarterly audits, proof-of-reserve reports, and reviews of budget-neutral Bitcoin acquisition methods ahead. Rep. Nick Begich introduced the American Reserve Modernization Act of 2026 alongside co-lead Rep. Jared Golden. Begichโs office said the bill would…
US Lawmakers Introduce New Bitcoin Reserve Bill
US lawmakers have renewed efforts to codify a US strategic Bitcoin reserve with a new bipartisan bill on Thursday that seeks to acquire around 1 million Bitcoin over five years.ย The American Reserve Modernization Act of 2026 would establish a Strategic Bitcoin (BTC) Reserve and Digital Asset Stockpile for other federally held cryptocurrencies, which would be held by the US Treasury Department, said the billโs sponsor, Representative Nick Begich. ARMA, sponsored by 16 members of Congress, builds on the BITCOIN Act, which was introduced in July 2024 and updated in…
Bitcoin Price Consolidates Near Lows As Market Searches For Direction
Bitcoin price started a recovery wave above the $77,000 zone. BTC is consolidating and might aim for more gains if it clears the $78,000 resistance zone. Bitcoin managed to form a base above $76,200 and started a recovery wave. The price is trading above $77,000 and the 100 hourly simple moving average. There is a contracting triangle forming with resistance at $77,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain bullish momentum if it settles above the $78,000 zone. Bitcoin Price Eyes…
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Bitcoin Miners Warn No Bottom Yet, CryptoQuant SaysโWhat On-Chain Metrics Reveal
Bitcoin (BTC) is trapped in its new consolidation band, holding between about $76,000 and $78,500. That range has now become the marketโs near-term battlefield, with BTC roughly 38% below its all-time highs.ย While this sideways action may appear stable, a new CryptoQuant report argues that miners themselves donโt yet believe the market has fully reached a bottom. No Panic, Still Cautious The report points to a key indicator: the decline in Binance Pool Miner Reserve data. Since Binance Pool accounts for a large portion of the global hash rate, its…
Bitcoin $78,000 Rebound Fizzles As Coinbase Premium Stays Red
Data shows the Bitcoin Coinbase Premium Index remained at negative levels despite the rebound in BTC’s spot price back toward $78,000. Bitcoin Coinbase Premium Gap Points To Selling Pressure From US Traders As pointed out by analyst Axel Adler Jr in an X post, the Bitcoin Coinbase Premium Index has been inside the negative territory recently. This indicator tracks the percentage difference between the BTC spot price listed on Coinbase (USD pair) and that on Binance (USDT pair). In short, what this metric tells us about is how the trader’s…
The Evolution of Bitcoin Mining to AI | Bitcoin 2026
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io The Bitcoin mining infrastructure that built the last cycle won’t survive the AI buildout and Intelliflex CEO Charles L’Ecuyer just laid out exactly why. At the Bitcoin 2026 Conference Energy stage, L’Ecuyer opens with a 2022 Hurricane Ian story (his modular project kept building through a Category 5) and walks through the four pillars of AI-ready data center design: speed, scale, flexibility, and quality. Plus a digital-twin walkthrough of the Octapod โ Intelliflex’s 8.8MW fully modular AI factory engineered to keep operators…