Bitcoin AI Pivot Boosts Bitfarms Growth
@Bitfarms pivots from bitcoin mining to AI HPC, shedding Latam sites for a North American energy footprint. Will this strategic shift succeed? #Update #Tech
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Funds Chinese Fentanyl 12-Year Sentence
William Panzera sentenced to 12 years for using Bitcoin in a fentanyl trafficking network importing over a metric ton of drugs from China. #Breaking #Legal
SEC Approves Crypto ETF Led by BTC
Ark Investment Management files with SEC for a futures-based crypto ETF led by $BTC, $ETH, and $XRP, offering diversified exposure without direct token ownership. #Update #Crypto $BTC
Bitcoin ETFs Face $1.72B Outflow Crisis
US-based spot Bitcoin ETFs see $1.72B in outflows over five days amid declining market sentiment, with Bitcoin priced at $89,160 and the Crypto Fear & Greed Index indicating “Extreme Fear.” #Update #Crypto $BTC
Bitcoin Rises as Kiyosaki Predicts $200 Silver
Robert Kiyosaki predicts silver will hit $200 as he buys more $BTC, citing U.S. debt and dollar erosion as key factors driving investors to hard assets. Crypto $BTC
Bitcoin Reigns as America Becomes Crypto Hub
CFTC Chair Mike Selig declares the US the “crypto capital of the world,” crediting regulatory modernization under Trump. #Update #Crypto
Bitcoin Payments Stalled by Tax Policies
The Bitcoin community highlights tax policy as the main barrier to $BTC payments, with proposals for a de minimis tax exemption facing challenges amid regulatory discussions. #Update #Crypto $BTC
Bitcoin Sentiment Dips as ETFs Lose $103M
Bitcoin ETFs faced an outflow of $103.57M on January 23, marking five consecutive days of redemptions totaling nearly $1.72B; sentiment shifts as 26% believe the market is bearish. #Update #Crypto $BTC
Bitcoin Patterns Echo 2021 Surge
Bitcoin’s price is reportedly mirroring key patterns from 2021, suggesting potential historical repetition. Analysts are closely monitoring these developments for future market impacts. #Update #Crypto $BTC
Bitcoin Holds $89K as Trump Threatens 100% Tariffs
The crypto market reacted cautiously as President Trump threatened a 100% tariff on Canadian goods if trade ties with China strengthened, impacting market sentiment; Bitcoin at $89K, Ethereum around $2,948. #Update #Crypto $BTC $ETH
Bitcoin Payments Blocked by Tax Policies
Pierre Rochard of Strive states tax policy, not technology, hinders $BTC payments; US lawmakers may limit de minimis tax exemptions to stablecoins, prompting backlash from the Bitcoin community. #Update #Crypto $BTC
Bitcoin Fails as Safe Haven Against Gold
Bitcoin has dropped 6.6% as geopolitical tensions rise, while gold gains 8.6%, highlighting bitcoin’s role as a liquid asset during crises compared to gold’s stability. #Update #Crypto $BTC
Bitcoin Decides Chainlink’s Next Big Move
Chainlink remains indecisive as daily candles show no clear direction, with $LINK’s next move hinging on Bitcoin’s momentum. Traders await a breakout or breakdown. #Update #Crypto $LINK
Bitcoin Nodes Surge Past 2% Amid Spam Wars
Bitcoin nodes supporting Bitcoin Improvement Proposal 110 (BIP-110) have increased to 2.38%, with 583 out of 24,481 nodes signaling support for the temporary soft fork aimed at limiting transaction data. #Update #Crypto $BTC