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Tag: Bitcoin
Bitcoin Miner Revenue Drops 9.44% Following Network Difficulty Jump โ Bitcoin News
Key Takeaways Bitcoin difficulty hit 136.61T on May 15 as miner revenue fell 9.44%. Hashrateindex.com data shows PH/s value slid from $38.97 to $35.29 in 4 days. Bitcoin fees made up just 0.59% of rewards, keeping focus on BTC price trends. Bitcoin Petahash Value Slides to $35 as Mining Difficulty Rises Although the previous week offered miners a more favorable stretch, conditions have tightened considerably over the last four days. Bitcoinโs network difficulty climbed on May 15 at block height 949536, marking the first upward adjustment in more than a…
SpaceX Bitcoin treasury tops $637m pre-IPO
SpaceX Bitcoin holdings stand at $637m, on-chain data shows, making it the fourth largest known corporate holder. Summary SpaceX holds 8,285 BTC worth approximately $637m in Coinbase Prime custody, per Arkham Intelligence data, with the position unchanged since June 2022. The company ranks fourth among known private corporate Bitcoin holders, trailing Block.one, Tether Holdings, and Stone Ridge Holdings Group. SpaceX is targeting a June 12 Nasdaq debut under ticker SPCX, which will require public disclosure of the Bitcoin position under FASB fair-value accounting rules for the first time. SpaceX holds…
Citi warns Bitcoin faces quantum risk
Citi warned Monday that Bitcoin faces an outsized quantum computing threat, with up to 6.9 million BTC already vulnerable. Summary Citiโs May 18 digital asset research note says quantum computing advances are compressing the timeline for when machines could break Bitcoinโs encryption. Bitcoin is particularly exposed because its decentralised governance makes protocol upgrades slow and difficult to coordinate, unlike proof-of-stake networks. An estimated 6.5 to 6.9 million BTC have public keys already exposed on-chain, representing roughly one-third of circulating supply valued at around $450 billion. Citi analyst Alex Saunders warned…
Bitcoin Traders Monitor $74K Support As Sell Pressure Increases
Bitcoin (BTC) lost its hold on the $80,000 level over the weekend, and data suggest that the cryptocurrency needs to trade above the $74,000-$75,000 range, as it has repeatedly served as key support over the last two years.ย Crypto analyst Ardi said the next retest of the $74,000-$75,000 range could become the most important support test of the current bear market. The analyst pointed to the role that the price range played during the last two years. In 2024, Bitcoin struggled to break above the range during a seven-month-long consolidation.…
Home Bitcoin Mining is DYING and Publicly BTC Miners are DUMPING on YOU
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Home Bitcoin Mining is DYING and Publicly BTC Miners are DUMPING on YOU… why are these bitcoin mining stocks ironically selling all of their Bitcoins, and do these new efficient profitable Bitcoin mining rigs like the Bitdeer Sealminer A4 have a chance at saving home btc mining? — Buy the best starter BTC miner here – Save on your MD ticket with code VOSKCOIN – Terra Hosting – Buy an ASIC miner here! Buy the cheapest starter BTC miner – Best PDU…
Prime Trust Litigation Trust Files 94-Page Suit Against Swan Bitcoin for $970M in Transfers
Key Takeaways PCT Litigation Trust filed a 94-page suit against Swan Bitcoin on May 15, 2026, seeking $970 million in clawbacks. The complaint alleges a Prime Trust executive tipped off Swan CEO Cory Klippsten via encrypted chat on May 22, 2023, weeks before the collapse. Swan has not filed a formal response as of May 18, 2026; the case before Judge Stickles will turn on preference and fiduciary defenses. Prime Trust Clawback Case Targets Swan Bitcoin The PCT Litigation Trust, created under Prime Core Technologiesโ confirmed Chapter 11 plan, filed…
Bitcoin Drops to $76K as Middle East War Fears Spark $722M in Liquidations
Key Takeaways Bitcoin slid to $76,000 on May 18 following rising geopolitical tensions between the U.S. and Iran. The drop triggered $722 million in crypto long liquidations as Iran reportedly unveiled Hormuz Safe. Yellow Capitalโs CEO notes BTCโs recovery depends on macro liquidity conditions rather than crypto news. Bitcoin Slams into Geopolitical Headwinds Bitcoin slid to $76,000 Monday morning, continuing a trend that began shortly after President Donald Trump hinted to reporters on May 15 that the U.S. and Israel may resume combat operations against Iran. Market data shows that…
๐จBIG NEWS : FOMC CHAIR TERM ENDS || BITCOIN
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Trump’s Iran Warning Sends Bitcoin Tumbling Below $77K
Bitcoinโs bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350. MACD indicators reinforced the downside pressure, with the line at negative 359, the signal at negative 243, and the histogram at negative 116. Related Reading Geopolitical Shock Hits An Already Weakened Market The slide began Sunday night after US President Donald Trump posted…