Oklahoma Senator Dusty Deevers has said that bitcoin has become mainstream in the economy and is undoubtedly an important part of the future of finance.
Federal Reserve Chairperson Jerome Powell has said that bitcoin is being used as a speculative asset; its competitor is gold, not the dollar.
Bitcoin miners face a window of data center and high-performance computing (HPC) service contracts with hyperscale computing and AI startups in the next nine months, but the chances of securing HPC/AI data center deals are dwindling, according to analysts at JPMorgan. Due to delays in data center approvals and grid connectivity, bitcoin miners can leverage their existing infrastructure to meet AI computing needs. The report states that with limited grid capacity in the United States, demand for ...
The Federal Reserve's Kashkari said that bitcoin has been around for more than a decade, but it is still useless. Kashkari has publicly expressed skepticism about cryptocurrencies on several occasions, arguing that bitcoin and other cryptocurrencies are mainly used for speculation and illegal activities and lack intrinsic value.
Deribit analyst Anand Raj released a report saying that Bitcoin is currently still under the control of the supply zone of $61,700. This has led to a break in the demand zone in the lower time frame. In addition, although the latest 13F document shows that major asset managers have exposure to the US Bitcoin spot ETF, bullish sentiment has not significantly improved. Therefore, the price of Bitcoin may continue to be subject to resistance in the supply zone in the higher time frame, indicating t...
Bitfinex released a report saying that Bitcoin failed to hold the key support level of $65,580, and the total clearing in the past 24 hours reached $1.16 billion, mainly affecting long positions. Despite bearish market sentiment and sharp declines in Japanese and US stocks, the price is expected to rise slightly to the $55,000 area. However, the overall market direction will depend on macroeconomic factors. Due to economic and political developments, widespread market instability is affecting Ca...
Trump said that bitcoin has become increasingly valuable since its inception, making it the ninth most valuable asset in the world. It will soon surpass silver and may surpass gold in the future.
Cipher Mining Inc., a bitcoin miner with a market capitalization of about $2.20 billion, is exploring potential sales opportunities after receiving takeover interest, according to people familiar with the matter. Cipher, which has a market capitalization of about $2.20 billion, is looking to boost its computing power through acquisitions.
Tulsi Gabbard, a former US congresswoman, said bitcoin was "about freedom" and being able to trade the way you want.