Chinese Bitcoin Mining Tech Producer Bitmain Is Betting Big On America—But Why?
Crypto mining hardware producer Bitmain Technologies is preparing to establish its first U.S. facility later this year, a move influenced by shifting industrial policies and a growing “Made in America” sentiment within the digital asset sector. What HappenedL According to Bitmain’s global business head, Irene Gao, the company plans...
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Can SOL Break $230? These Chart Patterns Say Yes
TL;DR Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance. Analysts say recent false breakouts may reset the stage for a larger breakout move. Weekly close above $230 could push Solana toward targets near $295 and possibly beyond. Range-Bound Movement Continues...
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Why Bitcoin May Be On The Brink Of A Historic Breakout
“Bitcoin trading between $117,800 and $118,102 in the past 24 hours—looks set to capture serious upside in 2025 as liquidity floods into assets.” This is signaling consolidation just beneath key psychological resistance. This price action is occurring alongside a macroeconomic shift: liquidity is pouring into the global financial system....
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Bitcoin, Ethereum Hold Steady As XRP, Dogecoin Slip
Cryptocurrencies are trading sideways on Tuesday, with the market in a holding pattern ahead of Wednesday’s FOMC meeting. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $118,689.11 Ethereum (CRYPTO: ETH) $3,861.95 Solana (CRYPTO: SOL) $183.90 XRP (CRYPTO: XRP) $3.14 Dogecoin (CRYPTO: DOGE) $0.2277 Shiba Inu (CRYPTO: SHIB) $0.00001339 Notable Statistics: IntoTheBlock...
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Bitcoin Blitz: Bakkt Holdings Gear Up To Finance $1 Billion-Dollar Purchase
On Monday, crypto software firm Bakkt Holdings (BKKT) announced an ambitious plan to raise up to $1 billion through various securities offerings to boost its own Bitcoin (BTC) treasury reserve, in line with the growing trend among publicly traded companies. This move comes amid rising Bitcoin prices, which are...
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CoinDCX Dismisses Report of Coinbase Acquisition Talks
CoinDCX, India’s largest crypto exchange, dismissed a local media report that U.S. rival Coinbase (COIN) was looking to acquire it. “Ignore the rumours,” CEO Sumit Gupta said Tuesday in a post on X. Earlier in the day Mint reported that Coinbase was in advanced talks to acquire the Mumbai-based...
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Bitmain Plans Its First U.S. Crypto Mining Facility: Bloomberg
Bitmain, one of the largest producers of crypto mining hardware, is set to open its first facility in the U.S. over the next few months, Bloomberg reported, citing the company’s global business chief, Irene Gao The maker of Antminer rigs, which currently manufacturers across southeast Asia, plans to set...
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Bill Miller IV Says ‘Every Company Might Be A Bitcoin Treasury’ In 20 Years—Claims Ethereum Won’t ‘Win’ In The End
Miller Value Partners portfolio manager Bill Miller IV predicts widespread corporate Bitcoin (CRYPTO: BTC) adoption within decades, dismissing Ethereum‘s (CRYPTO: ETH) long-term prospects despite recent regulatory advantages. What Happened: Speaking on CNBC Monday, Miller said he expects “every company might be a Bitcoin treasury company” in 20 to 30...
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Is Institutional Profit-Taking About to Derail Bitcoin’s Rally?
Long-term Bitcoin (BTC) holders appear to be taking profits as prices test the $120,000 mark. This has sparked concerns about whether the actions signal cautious profit-taking or a larger trend. Incoming Correction? On-chain data shared by CryptoQuant shows that LTHs have flipped net negative at this key resistance level....
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Injective (INJ) Eyes $30 After Breakout and Historic Staked ETF Filing
TL;DR Injective enters the Layer-1 staked ETF race following its first such filing after launching its EVM-compatible beta mainnet. Technical breakout above $15.23 opens path to $25–$30 based on Fibonacci extensions. Injective leads all L1s in code commits and joins the top 10 blockchains by revenue. Cboe Moves to...
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