Core Scientific will finalise its departure from bitcoin mining by the end of the year and will enter 2027 as a dedicated high-density colocation provider, management stated during Thursday’s third-quarter earnings call, marking a transition that has already reduced the company’s mining fleet by nearly 50 percent. Chief Financial Officer Jim Nygaard told investors the … Read more
Bitcoin price found stability above $77,000 after a marketwide sell-off that was instigated by Thursday’s $6.3 billion hack of Binance, which momentarily pushed the cryptocurrency down to approximately $76,000, marking its lowest point since August 21. The downturn occurred soon after bitcoin neared $82,000 earlier Thursday, propelled by robust U.S. gross domestic product data. According … Read more
In a week characterised by a decline in the underlying asset from over $84,000 to a monthly low of under $80,000, it is almost anticipated that the exchange-traded funds reflecting its performance would register losses. Indeed, they were. The same can be observed regarding the Ethereum ETFs, which, despite experiencing a solitary day of positive … Read more
The price of bitcoin declined on Wednesday following the release of data indicating that U.S. consumer prices increased more than anticipated in September, primarily driven by escalating petrol prices. The largest cryptocurrency by market capitalisation was recently trading at approximately $82,827, having experienced a decline of nearly 1% over the past 24 hours. On Wednesday … Read more
The narrative surrounding the 2026 Bitcoin ETF has transitioned from a phase characterised by continuous withdrawals to one marked by a modest net inflow. U.S.-listed spot Bitcoin funds have recovered from a deficit that peaked at approximately $5.8 billion in July and are currently experiencing net inflows of around $800 million for the year. That … Read more
The Bitcoin bulls have returned, assuming the ETF flows are credible. On Monday, U.S. bitcoin exchange-traded funds attracted $999 million in new investments, as reported by data. That represents the highest inflow in a single day since October 6, when the funds accumulated over $1.2 billion and the price of the leading cryptocurrency reached a … Read more
After the long-awaited Clarity Act was blocked, the price of Bitcoin and other cryptocurrency-related equities fell. After falling as low as $75,038 at one point on Tuesday, the price of the most popular cryptocurrency recently was at $75,939, down 4% over the previous day. Lawmakers obstructed the significant digital asset market structure bill during a … Read more
Bitcoin treasury strategy has once more ceased the accumulation of sats. Just one week after resuming its bitcoin buying following a 10-week hiatus, the Nasdaq-listed company has paused its BTC purchases once more. Instead, the firm continued to engage in stock buybacks, repurchasing $176 million of STRC and expanding the scope of its digital credit … Read more
Bitcoin traded near $79,174 on Monday, September 7, 2026, reflecting a decline of 0.9% over the past 24 hours. This movement comes as traders processed renewed concerns regarding Federal Reserve rate hikes and the upcoming U.S. Consumer Price Index data set to be released on September 11. The crypto market, with a total capitalisation hovering … Read more
Bitcoin experienced a notable increase on Thursday; however, stocks associated with the industry saw even more rapid gains as a rally that commenced weeks prior gained renewed momentum. The price of the largest cryptocurrency reached $81,282 on Thursday morning in New York, reflecting an increase of nearly 3% over the preceding 24 hours. In the … Read more
