Bitcoin (BTC) news
CoinShares: Bitcoin miners' shift to AI is now irreversible
Why it matters: The hashrate outflow to AI reduces capacity supply for BTC mining and reshapes the industry, affecting network difficulty and miner economics.
US 10-year Treasury yield tops 5% for first time since 2007
Why it matters: Rising US government bond yields increase pressure on bitcoin and risk assets by raising the alternative return on risk-free investments.
Bitcoin miners slip into losses: cost of $75,500 versus price of $58,400
Why it matters: Margin pressure is accelerating miners' exit and the conversion of their sites into AI data centers, which could reduce network hashrate and BTC supply from miners.
Traders eye $75,000 liquidity sweep before $90,000 target
Why it matters: The outcome hinges on the Fed meeting on September 15-16 and the CLARITY Act vote: a break below $76,000 would increase pressure, while a return above $79,600 would signal a bullish scenario.
Crypto stocks fall at U.S. open: Circle -5.97%, Coinbase -5.52%
Why it matters: Crypto stocks are falling harder than the broader market ahead of the CLARITY Act vote and the Fed decision, reflecting heightened investor nervousness.
21Shares: Bitcoin energy debate lacks needed context
Why it matters: Energy consumption arguments remain a key point for Bitcoin critics, and such data could ease regulatory pressure.
CoinShares: average cash cost of BTC mining rises to $75,500
Why it matters: Miners are operating below break-even, leading to capacity cuts and pressure on BTC supply.
XRP spikes to $1.41 then falls back into triangle as XRPL upgrade stalls one vote short
Why it matters: The XRPL upgrade delay and XRP's failed breakout weaken short-term momentum, while the outcome of the CLARITY Act vote will set the market's direction.
Bitcoin at $76,900 after pullback from $79,000; $76,000-$76,700 support in focus
Why it matters: Holding $76,000 keeps alive the chance of a bounce to $78,000-$79,600, while a breakdown opens the way to $74,000-$75,000.
U.S. Senate decides crypto regulation's fate as Democrats oppose Trump investments
Why it matters: The vote's outcome will set the rules for the U.S. crypto market and affect bitcoin and altcoins.
What the Senate vote on the CLARITY Act decides for XRP, BTC, ETH and SOL
Why it matters: The outcome of the vote will determine the regulatory status of the largest assets in the U.S. and could move the market.
Smarter Web Company plans perpetual preference shares on LSE to buy bitcoin
Why it matters: Another treasury company is seeking non-dilutive capital for its bitcoin strategy — a signal of demand for BTC through UK public markets.
Strategy holds 845,050 BTC with $2.2B unrealized profit
Why it matters: The largest corporate BTC holder is back in profit, supporting bitcoin demand and appetite for treasury crypto strategies.
BIS: Bitcoin Transaction Volume Can Vary Up to 6x Depending on Counting Method
Why it matters: On-chain metrics relied upon by traders and analysts may distort actual network and stablecoin activity, leading to erroneous conclusions about demand.
Fed Expected to Hike Rates at Wednesday Meeting Under Kevin Warsh
Why it matters: Fed tightening pressures risk assets including bitcoin; the market awaits an updated dot plot and signals on the future path.
Crypto stocks fall amid uncertainty over CLARITY Act
Why it matters: A failure of the CLARITY Act would keep regulatory uncertainty in place for crypto exchanges and their stocks.
Changpeng Zhao shows interest in 'immortal fruit fly' on BNB Chain
Why it matters: A signal of the convergence of AI agents and blockchain: BNB Chain could become a venue for autonomous economic agents.
Ethiopia cuts power supplies to Bitcoin miners by 75% due to drought
Why it matters: The cut in power to miners in Ethiopia reduces hashrate and weighs on the economics of local mining, increasing risks for energy-intensive operations.
XRP options surge 350% ahead of CLARITY Act vote
Why it matters: The CLARITY Act vote will determine XRP's status as a commodity and could set the direction for the entire altcoin market.
Coinbase shares fall 4% premarket as ARK Invest sells crypto stocks, Bitcoin at $76,890
Why it matters: The CLARITY Act vote and the Fed decision on September 15-16 will set the direction for crypto stocks and Bitcoin this week.