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Bitcoin retakes $64,000, crypto miners rally, as AI-related software rout eases
Sellers are taking a breather as bitcoin's Fear & Greed Index plunged to levels never seen before. By Krisztian Sandor What to know: Crypto prices were putting in a modest rally on Tuesday, with bitcoin climbing past $64,000. The bitcoin Fear & Greed Index fell to 5, a level not even seen during the 2018 bear market, the 2020 Covid crash, and 2022's crypto winter. AI fears are taking a breather on Wall Street, with the embattled software sector (IGV) gaining 1.7% after a rele
LETS MINE
Feb 242 min read


Trump-linked World Liberty Financial to launch forex remittance platform
By Ann Maria Shibu World Liberty Financial, a cryptocurrency venture backed by the family of U.S. President Donald Trump, said on Thursday it plans to launch a new foreign exchange and remittance platform aimed at simplifying global money transfers and reducing associated fees. Summary Trump-linked World Liberty Financial plans to launch a foreign exchange and remittance platform aimed at lowering the cost of cross-border money transfers. The platform, called World Swap, will
LETS MINE
Feb 132 min read


Why Bitcoin price could bottom at $65,000 before a major relief rally
By Aziz Zamani Bitcoin price is approaching a critical $65,000 support zone where Fibonacci and channel confluence suggest a potential local bottom may form before a strong relief rally unfolds. Bitcoin Bitcoin btc -1.13% Bitcoin price action remains corrective in the near term, with the market continuing to rotate lower within a broader rising channel. After failing to hold the channel midpoint, BTC has slipped into a weaker internal trend, putting downward pressure on the p
LETS MINE
Feb 133 min read


Tether invests $100 million in U.S. crypto bank Anchorage, valued at $4.2 billion
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market. By Krisztian Sandor What to know: Tether has invested $100 million in Anchorage Digital, a federally regulated U.S. digital asset bank, to deepen its role in the stablecoin ecosystem. Anchorage, which holds a national banking charter, will expand its custody, staking, settlement and stablecoin issuance services for institutional clients, including support for Tether products. The dea
LETS MINE
Feb 62 min read


Bitcoin spirals toward $60,000, heading to worst one-day drawdown since FTX blowup.
One analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch. By Helene Braun , Krisztian Sandor What to know: Bitcoin tumbled more than 10% over the past 24 hours, dropping to $63,000 and heading for its steepest one-day decline since the FTX-driven crash in November 2022. The sell-off extended beyond crypto, with silver plunging 15% and gold sliding more than 2%, while software stocks and major U.S. equity in
LETS MINE
Feb 63 min read


Wintermute founder says Binance wasn’t at fault in October flash crash
By Vignesh Karunanidhi Wintermute founder Evgeny Gaevoy dismissed claims that Binance caused the October 10 crypto market crash, calling attempts to blame a single exchange “intellectually dishonest.” Summary: Wintermute’s Evgeny Gaevoy called blaming Binance for Oct. 10 crash “intellectually dishonest.” He said macro news hit an overleveraged market during illiquid hours, triggering liquidations. OKX CEO Star Xu argued USDe leverage loops amplified systemic risk across crypt
LETS MINE
Feb 12 min read


Here’s why the crypto crash is intensifying as liquidations hit $1.6 billion
By Crispus Nyaga The ongoing crypto crash intensified on Saturday, with Bitcoin and most altcoins being in the deep red. Summary The crypto crash accelerated on Saturday, with Bitcoin tumbling to $75,000. The market capitalization of all coins dropped to $2.7 trillion. Bitcoin and the broader crypto market is reacting to the soaring risks. Bitcoin Bitcoin btc -7.27% Bitcoin dropped below the important support level at $80,000 for the first time in months, while Ethereum Ether
LETS MINE
Jan 312 min read


Bitcoin’s major safety net just snapped. Why a drop below $85,000 might risk more selloff
Bitcoin price just fell through that price floor it's been bouncing off for two months. Now charts might be pointing to $75,000 as next level to watch. By Omkar Godbole What to know: Bitcoin has fallen decisively below its 100-week simple moving average around $85,000, signaling that sellers have taken control after two months of support at that level. Traders are now watching $75,000 as the next major support zone, where buyers previously stepped in last April to halt a down
LETS MINE
Jan 292 min read


Dogecoin slumps 7% as bitcoin risk-off rattles memecoin bets
The token broke below key support at $0.1218 on heavy volume, turning that level into near-term resistance even after a brief bounce from around $0.115. By Shaurya Malwa What to know: Dogecoin fell about 7 percent as bitcoin retreated, with the memecoin underperforming larger cryptocurrencies amid a broader risk-off move. The token broke below key support at $0.1218 on heavy volume, turning that level into near-term resistance even after a brief bounce from around $0.115. Tra
LETS MINE
Jan 292 min read


Ripple-linked XRP drops 5%, opening downside risk toward $1.70
Traders are watching $1.80 as near-term support, with $1.87–$1.90 now the key resistance zone. By Shaurya Malwa What to know: XRP dropped about 5 percent from $1.91 to near $1.80 as bitcoin’s pullback sparked broad risk-off selling across high-beta tokens. The slide accelerated once XRP broke below key support around $1.87 on heavy volume, erasing last week’s gains before buyers stepped in near the $1.78–$1.80 zone. Traders now view $1.80 as a crucial support level, with a su
LETS MINE
Jan 292 min read


OpenAI Joins Microsoft in Pledging Data Centers Will Not Shift Energy Costs to Residents
OpenAI said it will fully cover the energy costs associated with its rapidly expanding AI data center footprint as concerns mount over the impact of large-scale data centers on regional power grids. In a blog post published Tuesday, OpenAI said all of its planned “Stargate” AI campuses will be required to “pay their own way” on energy, either by funding new generation, transmission and storage infrastructure or by covering the incremental grid upgrades their facilities requir
LETS MINE
Jan 292 min read


Nvidia Invests $2 Billion in CoreWeave as AI Data Center Buildout Accelerates
Nvidia has invested $2 billion in CoreWeave, deepening a long-standing partnership as the AI cloud provider pushes ahead with plans to build more than 5 gigawatts of data center capacity. The investment, disclosed in a joint statement on Monday, was made through the purchase of CoreWeave Class A common stock at $87.20 per share. CoreWeave shares rose about 10% in U.S. pre-market trading following the announcement. The transaction comes as CoreWeave accelerates its expansion a
LETS MINE
Jan 292 min read


MicroBT Unveils M70 Series Featuring 12.5 J/TH Efficiency as Bitcoin Hashprice Hits Historic Lows
MicroBT introduced its newest generation of WhatsMiner machines on Monday, launching the M70 series in Abu Dhabi even as bitcoin mining economics remain at their weakest levels in years. The new lineup features three efficiency classes—12.5 J/TH, 13.5 J/TH and 14.5 J/TH—with multiple air-cooled and liquid-cooled models across each tier. According to product materials shared by the company, individual units range from roughly 214 TH/s on the lower-end air-cooled M70 to more th
LETS MINE
Jan 291 min read
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