Key Takeaways: The Bitcoin Risk-Off signal dropped to 23.7, its lowest since March 2019, indicating low correction risk and a high likelihood of a bullish trend developing. Despite the recent decline in network activity, bullish macro indicators like the Macro Chain Index (MCI) suggest Bitcoin could soon rally above $100,000. On May 5, the Bitcoin…
Bitcoin Magazine CleanSpark Reports Strong April Bitcoin Mining Results American Bitcoin mining company, CleanSpark, has released its unaudited operations update for April 2025, showcasing continued strength in both production and strategic positioning as it prepares to hit a major hashrate milestone. In April 2025, CleanSpark produced 633 bitcoin, contributing to a calendar year total of…
The native coin of the BNB Chain is a benchmark for digital assets more broadly, and will continue to surge, the bank said. The native coin of the BNB Chain is a benchmark for digital assets more broadly, and will continue to surge, the bank said. Coins Decrypt
A hearing meant to discuss crypto legislation devolved into a tense shouting match Tuesday, underscoring new threats to bipartisan support for industry-related bills. A hearing meant to discuss crypto legislation devolved into a tense shouting match Tuesday, underscoring new threats to bipartisan support for industry-related bills. , Law and Order Decrypt
BlackRock’s iShares Bitcoin Trust (IBIT) has attracted more capital this year than the largest gold-backed ETF. On May 6, Bloomberg Senior ETF analyst Eric Balchunas reported that IBIT ranked as the US’ sixth-highest fund by year-to-date inflows. According to the data, IBIT has pulled in over $6.9 billion since January, outperforming the SPDR Gold Shares…
Investment bank Compass Point downgraded Marathon Digital (MARA) to a sell rating from neutral on Tuesday. The bank also slashed its price target to $9.50 from $25, suggesting more than 25% downside from the current price near $13. “There’s better ways to get BTC beta,” analysts wrote in the downgrade note, pointing to Marathon’s hash…
Democrats in the U.S. House of Representatives derailed what was supposed to be a joint hearing on crypto policy efforts on Tuesday, insisting that President Donald Trump’s personal crypto dealings were too urgent to allow other discussion on instituting industry regulations. “I object to this joint hearing because of the corruption of the president of…
For months, Cointelegraph took part in an investigation centered around a suspected North Korean operative that uncovered a cluster of threat actors attempting to score freelancing gigs in the cryptocurrency industry. The investigation was led by Heiner Garcia, a cyber threat intelligence expert at Telefónica and a blockchain security researcher. Garcia uncovered how North Korean…
It is also unknown if the wallets were owned by the same person or if they are in any way connected. It is also unknown if the wallets were owned by the same person or if they are in any way connected. , Coins Decrypt
A growing number of public firms may begin purchasing Bitcoin in substantial quantities in the next five years, with more than $300 billion potentially entering the cryptocurrency by 2030. That’s what researchers at Bernstein, an asset manager that monitors corporate appetite for Bitcoin, say in a new report. Their estimates hinge on the assumption that…
