Bitfarms’ CEO Ben Gagnon announced that the company was focused on abandoning the bitcoin mining business and converting its sites to support artificial intelligence workloads in the following two years. The company’s facility in Washington will be spearheading this change. Bitfarms to Close Down Bitcoin Mining Activities, Adapt Sites to Support AI Workloads The Facts […]
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Strategy’s Michael Saylor Denies Bitcoin Sale Rumors: ‘We’re Buying’
Michael Saylor, executive chairman and co-founder of Strategy, the largest bitcoin treasury company, denied the rumors of a possible bitcoin sale. At CNBC’s Squawk Box, Saylor stated that Strategy is still buying bitcoin, putting these reports to rest. Michael Saylor Denies Bitcoin Selling Reports: ‘We Are Buying Quite a Lot’ The Facts Michael Saylor dispelled […]
Read MoreIs a New User Activated Soft Fork Brewing? Bitcoin May Face Another UASF Push
Over the past two weeks, the Bitcoin community has encountered a fresh Bitcoin Improvement Proposal (BIP) aimed at orchestrating a soft fork designed to curb what some describe as network spam. In a coincidence reminiscent of the User Activated Soft Fork (UASF) effort from 2017, the proposal stems from an unidentified pseudonymous developer. Unknown Developer […]
Read MoreN4T Introduces The World’s First Peace Prize Token on Ethereum
This content is provided by a sponsor. PRESS RELEASE. November 14, 2025 – N4T has publicly launched its pre-ICO website, announcing the first phase of its Initial Coin Offering (ICO). This ERC-20 token is positioned as the world’s first crypto campaign, designed to connect politics, culture, and blockchain to promote global peace and prosperity. The […]
Read MoreEric Trump Disregards Bitcoin Doomers: Cryptocurrency Is ‘Absolutely’ on Fire
In an interview live with Bloomberg, Trump reinforced that, even with the recent downturn, Bitcoin has been one of the most profitable assets of the last decade. Trump warned that with bitcoin, as with other risk assets, there is the implied risk of volatility. Eric Trump Defends Bitcoin Profitability Amidst Downfall: ‘It Is Probably the […]
Read MoreA Perfect Storm Has Sent Bitcoin Nosediving
Few people predicted the dominant cryptocurrency would plunge as low as $94,525.06 just weeks after printing a new all-time high. Market Mayhem Sends BTC Tumbling to $94K Fears around soaring AI valuations, uncertainty about the direction of interest rates, and drama in the aftermath of a 43-day government shutdown have all converged to create what […]
Read MoreBitcoin Tracks Nasdaq Losses, Not Its Rallies
Bitcoin remains tightly correlated with the Nasdaq-100, but only in ways that hurt. Despite trading near record highs, BTC continues to react far more aggressively to equity market declines than rallies, an unusual dynamic that signals investor fatigue rather than market euphoria. BTC Tracks Equities, But Only on the Downside Bitcoin’s relationship with equities is […]
Read MoreBitcoin ETFs Suffer $870 Million Mass Exit as Ether Also Bleeds
Bitcoin ETFs recorded their second-largest outflow on record with a stunning $870 million exit, while Ether ETFs shed another $260 million. Solana was the lone bright spot once again, managing a modest but positive inflow. Bitcoin ETFs Record Second-Largest Outflow Ever There are days when the crypto market feels like a steady tide. Then there […]
Read MoreDraft Law Accuses Central Bank of Brazil of ‘Overreaching’ With Stablecoin Rules
A draft introduced in the Brazilian Congress seeks to void the recently issued stablecoin rules, arguing they represent regulatory overreach by the central bank. The proposal also accuses the bank of effectively creating new taxes by classifying stablecoin movements as equivalent to foreign-currency transactions. New Draft Law States Brazil’s Central Bank Exceeded Its Authority With […]
Read MoreFed’s Miran: Stablecoins Are ‘Transformational’ for Emerging Markets
Federal Reserve Governor Stephen Miran described stablecoins as innovative tools that could provide users in jurisdictions with limited access to dollar assets. Miran estimates stablecoins could help satisfy about $3 trillion of foreign demand for dollar assets in the coming years. Fed’s Miran: Stablecoins Might Prop up Demand for Dollar Assets Globally The Facts Stephen […]
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