Tag: Bitcoin

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From Blackouts to Bitcoin: South African Power Utility’s Surreal Pivot to High-Intensity Power Sales

Eskom, South Africa’s state-owned power utility, is reversing its previous stance by targeting high-intensity energy consumers, specifically bitcoin mining companies. Nyati announced plans to...

Bitcoin Holds Above $70,000 as U.S. Inflation Remains Subdued

ETH and SOL gained 1% while XRP is flat on the day.Crypto markets extended their gains on Wednesday after the Bureau of Labor Statistics...

Bitcoin Sees Modest Relief as US CPI Inflation Avoids Surprises

Bitcoin (BTC) broke back above $70,000 around Wednesday’s Wall Street open as US inflation data soothed anxious markets.Key points:Bitcoin bounces around a narrow range...

Iran Set To Deploy Mines, Oil Hits Highs — What It Means For Bitcoin

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A White House official’s deleted social media post briefly pushed oil prices...

Bitcoin Crosses $70K And FOMO Is Back, But Fear Still Grips The Market

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Five months of losses may have set Bitcoin up for a rebound...

Coinbase CPO Rejects Claims Of Opposing Bitcoin Tax Relief As Jack Dorsey Demands Clarity From Brian Armstrong

Coinbase Chief Policy Officer Faryar Shirzad directly denied allegations that the company is lobbying against a proposed de minimis tax exemption for...

STRC May Help Strategy Get to 1 Million Bitcoin Faster, Beating BlackRock

Michael Saylor’s Strategy (MSTR) may reach the 1 million Bitcoin (BTC) milestone faster than expected, potentially overtaking BlackRock in total holdings.Key takeaways:STRC share sales...

Bitcoin Is Now A Legit Global Financial Player: Analysis

Bitcoin is crossing a structural threshold, evolving from an experimental digital asset into a macro-scale instrument with global capital relevance, according to...

Pro Traders Anticipate Low Odds of a Bitcoin Rally Toward $78,000

Key takeaways:Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows.US and Israel-Iran war and soft US...

Cosmos Health (COSM) Buys $600,000 In Bitcoin

Cosmos Health Inc. announced it has purchased $600,000 worth of Bitcoin as part of its ongoing digital assets treasury strategy.  Following the...

Bitcoin Holds $69K–$71K Range Amid Middle East Ceasefire Confusion

Bitcoin hovered in a narrow band between $69,000 and $71,000 as traders weighed mixed diplomatic signals over a possible Middle East ceasefire. Divergent Signals...