Crypto analyst Amonyx recently drew attention to a CNBC video in which XRP was described as the hottest crypto trader of the year, ahead of Bitcoin and Ethereum. This comes as the XRP ETFs continue to see inflows even as other crypto funds see outflows.ย Why The Altcoin Is The Top Trade Over Bitcoin and Ethereum In an X post, Amonyx shared the CNBC video in which XRP was described as the top trade ahead of Bitcoin and Ethereum. The analyst then questioned whether the market was seeing something or…
Tag: Bitcoin
Riot Reports Record $647M Revenue in 2025, Holds $1.6B in Bitcoin
Riot Platforms posted record annual revenue of $647.4 million for the past year, up 72% from $376.7 million a year earlier. In a Monday announcement, the company said the increase was primarily driven by a $255.3 million jump in Bitcoin (BTC) mining revenue, which reached $576.3 million in 2025 amid a rise in operational hash rate and higher average Bitcoin prices. During the year, Riot produced 5,686 Bitcoin, up from 4,828 BTC in 2024. The average cost to mine 1 Bitcoin, excluding depreciation, climbed to $49,645 from $32,216 in 2024.…
Bitcoin Bottoms as Institutions Offset Q1 Slump: Van Eck Sees Rally
Bitcoin (BTC) is trading near $68,400, posting a 2.6% gain in the last 24 hours as the market attempts to reverse a challenging first quarter. While the asset has faced significant headwinds post-halving, emerging data suggests that renewed institutional inflows are effectively counteracting the recent selling pressure. Despite the bearish sentiment that characterized early 2026, sophisticated capital appears to be stepping in to defend key support levels. Jan van Eck, CEO of investment management firm VanEck, argues that the correction has run its course, suggesting that the asset is adhering…
Citrea Foundation Forms to Advance Bitcoin Programmable Infrastructure and Decentralization
The newly established Citrea Foundation will oversee the growth and decentralized governance of Bitcoinโs application layer through research and grants. On March 2, 2026, the Citrea Foundation was introduced as an independent organization dedicated to supporting the evolution of programmable Bitcoin. Based in the Cayman Islands, the Foundation is led by a Board of Directors […] Original
VanEck CEO says Bitcoin may be forming a bottom despite 2026 bear cycle
Bitcoin price surged to $69,000 Tuesday before a correction, putting it on pace for its strongest daily performance in nearly a week, as VanEck CEO Jan VanEck suggested the worldโs largest cryptocurrency may be carving out a cyclical bottom. Summary VanEck CEO says 2026 represents Bitcoinโs typical bear-cycle year but believes a bottom may be forming. Bitcoin rallied 6%, rebounding from strong support near the $60,000โ$62,000 zone. A break above $70,000 could confirm a broader recovery, while rejection may prolong the correction. Speaking on CNBC, VanEck framed 2026 as the…
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ProCap buys 450 Bitcoin amid Middle East tensions, steps up share buybacks
ProCap Financial, the Bitcoin-focused investment firm owned by Anthony Pompliano, announced it has acquired 450 Bitcoin while aggressively repurchasing shares in an effort to close the companyโs discount to net asset value (NAV). Summary ProCap Financial purchased 450 BTC as part of its treasury strategy during a volatile market period. The firm is aggressively repurchasing shares to reduce its discount to net asset value while signaling confidence to holders. The move occurs amid Middle East geopolitical tensions that have amplified crypto volatility and created perceived discount buying opportunities Pomplianoโs ProCap…
Seasoned Trader Says Final Bitcoin Flush Is Coming, Hereโs The Target
After the Bitcoin price recovered from the flush to $63,000 over the last week, expectations are that the uptrend could continue. This has sparked predictions for the next rally and that the BTC price could move above $70,000 as a result of this. However, one analyst has thrown a wrench in this move, predicting that there could be another crash coming. This could lead to the final bottom, but suggests that much lower prices are coming first. The Ending Diagonal That Suggests Bitcoin Is Headed Downward EduwaveTrading posted an analysis…