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Bitmain’s 1.16 PH/s Bitcoin Mining Beast: The ASIC Arms Race Just Got Real
8.6.2025
Over the past three years, bitcoin mining gear has evolved dramatically—from machines cranking out massive terahash to widely available rigs boasting efficiencies under 20 joules per terahash (J/TH). At the World Digital Mining Summit last month, Bitmain pulled back the curtain on a machine...
Bitcoin to Solana: Crypto Prices Stay High Above Global Averages in South Korea
8.6.2025
Since late May—spanning the past 17 days—the price gap for bitcoin in South Korea has climbed, topping a 3% difference by month’s end. As of Sunday, June 8, bitcoin is trading in the country at more than $1,500 above the worldwide average. Crypto Prices Break Away in South Korea, Sparking Premium...
From High Gear to Grind: Bitcoin Hashrate Slides 75 EH/s After Etching New Record
8.6.2025
Bitcoin’s hashrate hit a record-setting 943 exahash per second (EH/s) on May 31, but in the days since then, the network’s processing power has dipped by more than 75 EH/s. Bitcoin’s Block Time Slows as Miners Buckle Under Difficulty Spike Bitcoin miners wrapped up May on a high note, notching...
Bitcoin Price Watch: Range-Bound Action Hints at Imminent Move
8.6.2025
The price of bitcoin hovered at $105,384 on June 8, 2025, with a market capitalization of $2.09 trillion and a 24-hour trading volume of $15.81 billion. Throughout the session, it moved within a tight intraday range of $105,112 to $105,891, indicating relative short-term stability amid a broader...
Latam Insights: Brazil Defies Trump’s Threats; Meliuz Seeks Funding to Purchase BTC
8.6.2025
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Lula defies Trump’s tariff threats, Meliuz seeks financing to increase its bitcoin reserves, and Tether invests in Chile-based Orionx. Brazil Defies...
Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data
8.6.2025
Bitcoin traders eye key levels to hold and reclaim into the weekly close, but the chances of a major liquidity grab are growing
Bitcoin can liquidate $15B in shorts with 10% BTC price uptick — Data
8.6.2025
Bitcoin traders eye key levels to hold and reclaim into the weekly close, but the chances of a major liquidity grab are growing
Bitcoin Core Reinforces Stance on Nonfinancial Transactions in Recent Statement
8.6.2025
Bitcoin Core, the leading Bitcoin node software implementation, has published a statement on its policy regarding nonfinancial transactions. Over 30 collaborators signed the document, which highlights that, as a censorship-resistant system, “Bitcoin can and will be used for use cases...
MEXC Launchpad Debuts With Discounted Bitcoin Subscriptions
8.6.2025
The new launchpad platform by MEXC is designed to provide fair and transparent access to high-quality tokens. The inaugural event offers up to 90% bitcoin discounts for new users. MEXC’s New Launchpad Aims to Democratize Token Access MEXC, a global cryptocurrency exchange, has unveiled its...
Bitcoin Maximalism is Dead, Long Live Bitcoin Pragmatism
8.6.2025
The Bitcoin of yesteryear is gone. In its place is a sprawling, sometimes absurd, sometimes inspiring ecosystem. Call it pragmatism. Call it growth. Just don’t call it maximalist. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to...
Tim Draper: $250K Bitcoin Coming in 2025, May Go ‘Infinite’ Against Dollar
8.6.2025
Bitcoin is primed for a breakout as Tim Draper reaffirms his bold $250K target, citing accelerating institutional adoption, regulatory clarity, and powerful blockchain innovations. Tim Draper Reaffirms $250K Bitcoin Target Amid Institutional Surge and Regulatory Clarity Venture capitalist...
If It Keeps the Pace, Blackrock’s IBIT Is on Track to Seize 1 Million BTC by Early 2026
7.6.2025
Based on current data, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) collectively manage over 1.2 million BTC. Yet, two in particular—Blackrock’s IBIT and Fidelity’s FBTC—command a striking majority, accounting for more than 71% of that aggregate. Wall Street’s Bitcoin Giants: IBIT, FBTC...
Bitcoin Holds Above $105K Despite Donald Trump’s Threats Against Elon Musk
7.6.2025
Bitcoin remains above $105K as Trump threatens Elon Musk in a high-profile feud, showing crypto's resilience amid political drama and rising market tension
Huge Outflow on Blackrock’s IBIT Pulls Bitcoin ETFs Into Red Zone
7.6.2025
Bitcoin exchange-traded funds (ETFs) saw a second consecutive day of net outflows, shedding $48 million despite inflows across five funds, dragged down by a large exit from Blackrock’s IBIT. Meanwhile, ether ETFs celebrated a milestone 15th straight day of net inflows. Bitcoin ETFs Post Second...
Bitcoin Price Watch: Cup and Handle Pattern Signals Potential Surge
7.6.2025
At 8 a.m. Eastern time, bitcoin is trading at $104,881 to $105,266 over the past hour, with a market capitalization of $2.08 trillion and a 24-hour trading volume of $24.93 billion. The 24-hour intraday price range spanned from $103,655 to $105,213, reflecting a tightly wound consolidation phase...
Metaplanet Unveils $5.4 Billion Plan to Acquire 210,000 BTC by 2027
7.6.2025
Metaplanet Inc. has announced a $5.4 billion equity raise to significantly increase its bitcoin holdings to 210,000 BTC by 2027, representing approximately 1% of the total bitcoin supply. Japanese Firm Aims for 1% of Bitcoin Supply with Ambitious Acquisition Strategy Metaplanet Inc., a Tokyo-listed...
US Lawmakers Seek Audit of Federal Gold, Including ‘Deep Storage’
7.6.2025
Four members of Congress introduced legislation on June 6, 2025, demanding the first comprehensive audit of U.S. gold reserves in over 65 years amid soaring national debt and global gold accumulation by central banks. Gold Audit Bill Demands Inventory of All Federal Bullion Holdings Representatives...
Reality show to pit Twitch streamers against each other to win 1 BTC
7.6.2025
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors
Reality show to pit Twitch streamers against each other to win 1 BTC
7.6.2025
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors
Reality show to pit Twitch streamers against each other to win 1 BTC
7.6.2025
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors