Tag: News

Bitcoin Is Down 50% Because Of AI, Geopolitical Turmoil, Arthur Hayes Says

BitMEX co-founder Arthur Hayes says Bitcoin (CRYPTO: BTC) 50% drawdown reflects growing fears of an AI-driven credit shock rather than weakness in the crypto market itself. Bitcoin’s AI-Triggered Credit Destruction Hayes argued in an interview with Cointelegraph that the decline reflects a broader macro risk tied to artificial intelligence...
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Strategy splashes $1.28B in latest 17,994 BTC purchase

Strategy disclosed a major Bitcoin purchase in a March 9 filing, adding 17,994 BTC to its balance sheet last week. The company’s latest filing revealed that the Bitcoin (BTC) was acquired between March 2 and March 8 for about $1.28 billion, with an…...
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