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Canaan Advances North American Mining Strategy via New Agreements


Canaan Inc. announced Wednesday that subsidiaries have signed agreements to expand self-mining operations at facilities in Pennsylvania and Texas, adding approximately 4.7 exahash per second (EH/s) to its computing power. Canaan Eyes U.S. Growth with Pennsylvania, Texas Mining Sites Canaan (Nasdaq:...

From $88.5K to $85.8K: Bitcoin’s Rollercoaster Tests Trader Nerves


Bitcoin lingers right around the $87,000 threshold after a midday descent to $85,869 per coin Wednesday afternoon, its momentum tempered by fleeting volatility. Bitcoin’s Quiet Dance For much of March 26, the top cryptocurrency oscillated within a narrow corridor, briefly slipping to $85,869 around...

Would GameStop buying Bitcoin help BTC price hit $200K?


Despite strong institutional demand, Bitcoin (BTC) has struggled to reclaim the $100,000 level for the past 50 days, leading investors to question the reasons behind the bearishness despite a seemingly positive environment. This price weakness is particularly intriguing given the US Strategic...

From Bitcoin to AI: Crusoe Energy Sells Mining Arm to NYDIG 


Crusoe Energy has sold its bitcoin mining operations to NYDIG to prioritize artificial intelligence (AI) infrastructure development, the companies announced March 25. NYDIG Expands Bitcoin Mining Footprint with Crusoe Acquisition Reports disclose that the transaction includes over 425 modular data...

Price analysis 3/26: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, AVAX, XLM


Bitcoin (BTC) bulls have maintained the pressure and are attempting to push the price above the $90,000 resistance. A positive sign in favor of the bulls is that the US spot Bitcoin exchange-traded funds have witnessed net inflows for eight successive trading days, according to SoSoValue data. That...

Bitcoin Pulls Back Slightly as Whales Buy the Dip


Blockchain analysis firm Glassnode says large investors are stacking sats while smaller holders keep selling. Bitcoin Retreats Briefly While Large Investors Accumulate According to Glassnode, large investors have grown their bitcoin ( BTC) holdings by more than 129,000 BTC since March 11, even...

Canaan’s Mining Revenue Surges 312% As BTC Holdings Reach 1,292 BTC


Canaan Inc. reported $269.3 million in revenue for 2024, with bitcoin mining revenue surging 312% year-over-year to $44 million. The company also expanded its North American mining footprint, securing new agreements in Pennsylvania and Texas to add 4.7 EH/s of computing power. Canaan Reports $269M...

Bitcoin ETFs Continue Upward Trend With 8th Day of Successive Inflows


Bitcoin ETFs recorded an eighth consecutive day of inflows totaling $27 million, led by Blackrock’s IBIT, while ether ETFs resumed outflows, losing $3 million. Bitcoin ETFs Achieve Eighth Consecutive Day of Inflows With $27 Million Addition Investor enthusiasm for bitcoin ETFs remained strong...

Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains


Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the estimated daily earnings...

The Great Unplugging: Bitcoin ATMs Face Steepest Drop Since December 2024


Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month’s final week. 2025’s First Reduction: 971 Bitcoin ATMs Vanish The once-expansive proliferation of crypto ATMs...

Gamestop Unleashes Bitcoin Strategy—Can $4.8B Make GME a Crypto Titan?


Gamestop has unveiled a bitcoin reserve strategy, aligning with soaring institutional BTC adoption while sitting on a $4.8 billion cash stockpile, fueling its most disruptive pivot yet. $4.8B on Deck: Gamestop to Load Treasury With Bitcoin—Is the Game Just Beginning? Gamestop Corp. (NYSE: GME)...

Bitcoin Holds Steady Despite Mt Gox Transfers


Bitcoin held steady near $88,000 even as roughly $1 billion worth of BTC was quietly moved from the defunct Japanese exchange Mt Gox. Bitcoin Price Unfazed by Massive Mt. Gox Wallet Activity Some 11,501 bitcoins were quietly shuffled around Tuesday morning from Mt Gox, which filed for bankruptcy...

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