A well-known crypto trader, famous for taking big risks, is making money again. This time, he bet against Bitcoin and won. His trade is up by about $50, 000. This is not the first time he has taken such a big risk. He has a history of winning big and losing big. Bitcoin's price has dropped below $1
Bitcoin's value has been on a wild ride lately. It's been dropping fast. Right now, it's below $104, 000. This has got people talking and making big bets on where it's headed next. Over on Polymarket, a platform for crypto bets, things are looking pretty gloomy. Traders there think there's a 71% ch
Bitcoin mining companies are making big moves into AI. IREN, a major player in Bitcoin mining, just signed a huge deal with Microsoft. The deal is worth $9. 7 billion over five years. IREN will provide Microsoft with powerful GPUs from Nvidia. These GPUs will be hosted in IREN's data centers. IREN
Bitcoin's early adopters are facing a tough decision. They once believed in keeping their own keys and controlling their own money. But now, they're starting to change their minds. Why? Because of something called "wrench attacks. " These are real-life threats where people are forced to give up thei
Tom Lee, a well-known Wall Street strategist, has become a key figure in the Ethereum community. His background in traditional finance has helped bring a sense of trust and credibility to the cryptocurrency world. Michael Saylor, a prominent Bitcoin advocate, recently praised Lee's influence, statin
Bitcoin faces a potential threat from quantum computers, but the real issue might not be the technology itself. Experts warn that panic and misinformation could cause more harm than the actual quantum threat. The crypto market is highly sensitive to news and rumors, as seen in past incidents where f
Riot Platforms is shaking things up in the tech world. The company's CEO, Jason Les, recently shared some big plans. He said that Bitcoin mining is just a stepping stone. It's not the main goal. Instead, it's a way to build something bigger: data centers. Les explained that Bitcoin mining helps Rio
Michael Saylor, the big boss at Strategy, recently talked about the tough challenges Bitcoin and companies like his are facing. He thinks the main problem is that old-school banks and credit rating agencies don't see Bitcoin as real money. This is a big deal because it makes it hard for companies to
Crypto investors are feeling the heat as Bitcoin takes a nosedive below $107, 000. This drop isn't just a small blip; it's a big deal that wiped out over $1 billion in trades. Imagine waking up to find your investments have vanished overnight—that's what happened to 242, 348 traders in just 24 hours
Bitcoin and Ethereum have been on a bit of a slide lately. In the past month, Bitcoin has dropped around 5%, and Ethereum has fallen about 8%. This isn't just a small dip; it's part of a bigger trend. So, what's going on? Well, it seems like U. S. investors are taking a step back. They're not as ex
