As Bitcoin’s hashrate hits an all-time high, U.S. miners grapple with shrinking profits on top of rising equipment costs due to Trump’s tariffs. Bitcoin (BTC) mining hashrate—the measure of computational power used to mine and process transactions on the network—has surpassed 1 Zetahash per second (ZH/s), marking a 1000X increase since January 2016. This milestone…
Spot Bitcoin exchange-traded funds in the U.S. recorded a negative week once again amid escalating trade tensions following President Donald Trump’s announcement of new tariffs, dubbed ‘Liberation Day’ duties. According to data from SoSoValue, the 12 spot Bitcoin ETFs reported $172.89 million in net outflows over the past week, snapping a two-week inflow streak that…
Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold amid Asian and European markets plunge in the aftermath of Trump’s tariff announcement. According to data from crypto.news, BTC (BTC) has fallen as low as $74,604 in the past 24 hours. The largest cryptocurrency by market cap has seen…
Bitcoin could remain in a bear market for at least six months, according to CryptoQuant CEO Ki Young Ju, as on-chain data shows a lack of price movement despite rising capital inflows. Bitcoin (BTC) has had a rough start in April, falling to a three-week low of $77,077. In an Apr. 5 post on X,…
Bitcoin fell sharply on April 7, dropping nearly 7% to a three-week low of $77,077. The decline occurred days after U.S. President Donald Trump announced massive new import tariffs, which sparked concerns about a new trade war and a slowdown in the world economy. The crypto market initially showed some resilience last week, with traders…
The Crypto Fear and Greed Index has plunged to 25, dropping 19 points from the previous day and pushing the market into “Extreme Fear” territory. This steep drop follows U.S. President Donald Trump’s Apr. 2 announcement of aggressive new “Liberation Day ” tariffs, which unsettled both traditional and cryptocurrency markets. Trump’s policy sets a 10% baseline…
President Donald Trump has invited El Salvador’s president Nayib Bukele to the White House on Apr. 14 to discuss cooperation on border security, criminal repatriation, and potentially Bitcoin. The invitation follows a public display of admiration between the two leaders, fueled by Bukele’s aggressive crackdown on gang violence and his handling of deported criminals from…
CEO of Block, Jack Dorsey confirms that the platform is currently working on accepting Bitcoin payments on its Square terminals and Bitkey. In a recent interview with Bitcoin News, Jack Dorsey stated that Bitcoin (BTC) will have “failed” if it ends up being just a “store of value.” He emphasizes the importance of using Bitcoin…
MARA Holdings reported an increase in Bitcoin mining activity for March, producing 829 BTC and winning 242 blocks, a 17% rise from February. This marks the company’s third-highest monthly block count, according to a company note. The increase comes as global mining difficulty continues to climb, underscoring MARA’s ability to maintain competitive efficiency. The company…
Genius Group, an AI-driven education company, announced it must sell its Bitcoin holdings after a U.S. court order blocked the company from selling shares, raising funds, or purchasing Bitcoin. The U.S. District Court for the Southern District of New York issued a preliminary injunction on March 13, preventing Genius Group from accessing its $150 million…
