Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage: Report
Bitcoin miners generated 35% of the stateowned power producer’s revenue last year, but declining reservoir inflows led the utility to prioritize households and…
Bitcoin's Coinbase premium sinks to one-month low, here’s why
Weakening U.S. demand, a setback for the Clarity act and expectations of a fed rate hike weigh on bitcoin. Source:CoinDesk
Bitcoin Coinbase Premium hits monthly low as CLARITY Act vote squeezes US demand
Bitcoin exchange demand on Coinbase declined after the US Senate voted against the CLARITY Act, while traders sent BTC to exchanges at an unrealized loss.…
Fed meeting is shaping up to be a nightmare for Warsh. Bitcoin might still shine
An aggressive market expectations trap and a strict aversion to forward guidance have backed the Fed chair into a corner, where failing to deliver a hawkish…
Zcash holders overwhelmingly back faster transactions and bitcoin-style halvings
Nearly 2.4 million ZEC participated, with 99.9% backing 25second blocks and 98.9% voting to preserve the network’s existing halving schedule. Source:CoinDesk
Crypto longs worth $570 million wiped out as Clarity Act fails
Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Source:CoinDesk
Bitcoin ETFs shed $450M in biggest outflow since June
The $450 million withdrawal came as Bitcoin fell 2.5% and the CLARITY Act failed to advance in the Senate, with Fidelity and BlackRock funds leading the…
XRP sinks 10% as the Clarity Act fails and bitcoin slides toward $76,000
The Senate's 4950 procedural vote left the crypto market structure bill 11 short of what it needed, and every major token fell. Source:CoinDesk
BIS paper finds major gap in Bitcoin onchain transfer estimates
A BIS study found widely used crypto metrics can obscure economic activity, with measurement challenges spanning Bitcoin, Ethereum and stablecoins.…
Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on cryptolinked equities, with Bitcoin miners and treasury companies also…
Bitcoin price falls to $75.6K September low as global bonds hit multidecade highs
Bitcoin price action weakened over market nerves prior to the Senate CLARITY Act vote, while surging bond yields pressured risk assets across the board.…
Standard Chartered says Arbitrum could outperform Bitcoin, Ether through 2030
Standard Chartered sees Robinhood Chain as an early sign that tokenization could transform Arbitrum’s economics and drive ARB sharply higher by 2030.…