Traders expect Bitcoin downside price action to continue but also agree that in the coming weeks, $73,000 could occur “fairly quickly.”  Bitcoin (BTC) analysts are eyeing targets just below its current all-time high of $73,679. However, they caution that despite the strong chart structure following its push above $69,000, the road ahead may be volatile....Continue Reading

Documentary filmmaker Cullen Hoback stands by his allegation Todd is Satoshi Nakamoto despite his denial.  Canadian cryptographer and computer scientist Peter Todd says he’s been forced into hiding for fear of his safety after an HBO documentary supposedly outed him as the inventor of Bitcoin (BTC).  The film, dubbed “Money Electric: The Bitcoin Mystery,” aired...Continue Reading

Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow? Bitcoin (BTC) has slipped below $67,000 after closing last week above $69,000, its strongest close since the start of June. However, the fall has not scared away the investors. According to Farside...Continue Reading

BitFuFu is no longer exclusively a cloud miner as it transitions to a more resilient portfolio.  Cloud Bitcoin miner BitFuFu has acquired its first brick-and-mortar mining facility. The company is calling the acquisition of an 80-megawatt (MW) facility in Ethiopia the start of its infrastructure diversification. The value of the deal was not disclosed. Nasdaq-listed,...Continue Reading

Bitcoin faces limited time to convince that it is “actually strong” as cooling BTC price action sticks around. Bitcoin (BTC) kept up pressure on support on Oct. 22 as analysis demanded a new high within days. BTC/USD 1-hour chart. Source: TradingView Data from Cointelegraph Markets Pro and TradingView captured choppy BTC price conditions around the...Continue Reading

CoreWeave has exercised its final option agreement with Core Scientific, adding 120 MW of critical IT infrastructure to power Nvidia GPU operations.  Bitcoin miner Core Scientific has announced the expansion of its hosting contract with artificial intelligence computing firm CoreWeave. According to an Oct. 22 announcement, the extended agreement adds 120 megawatts (MW) of power...Continue Reading

The regulator’s Division of Examinations specifically named spot Bitcoin and Ether exchange-traded products in its priorities after their 2024 launch.  The United States Securities and Exchange Commission (SEC) has again included cryptocurrencies in its list of examination priorities for the next year, even as its leadership and government control could change hands.  In an Oct....Continue Reading

“It’s like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies. The Lightning Network’s value is directly correlated with the Bitcoin price, according to a recent research report. The report argues that max flow, which measures the network’s maximum transaction capacity, is the key metric for...Continue Reading

The Avalanche Card is a credit card linked to a “self-custody wallet and unique address per asset.” The Avalanche Foundation, a nonprofit organization behind the cryptocurrency and blockchain platform Avalanche, has introduced a Visa cryptocurrency card. Avalanche took to X on Oct. 21 to announce the launch of the Avalanche Card, a new Visa card...Continue Reading

0G Labs co-founder Michael Heinrich predicts that AI will soon become the biggest DeFi sector, and reveals why TAO leaves him cold. While loads of crypto traders are hedging their bets on which AI crypto tokens will soar in the next bull run, 0G Labs co-founder and CEO Michael Heinrich believes the most promising ones...Continue Reading