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Cryptocoins News / The Cointelegraph ​ - 1 week ago

Public Bitcoin miners cut hashrate 13.4% as AI infrastructure revenue grows

AI and HPC are reshaping mining economics as operators repurpose power and data centers, while a smaller group of miners continues to expand Bitcoin capacity. Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network...

Cryptocoins News / CryptoNinjas - 1 week ago

Metaplanet Moves $322M in Bitcoin for Just $8, CEO Says Holdings Stay at 43,000 BTC

Key Takeaways: Metaplanet transacted 5,014 BTC, totaling approximately $322 million, from their own custodial addresses. CEO Simon Gerovich stated that it was a normal move, but the sale of any bitcoin was ruled out. The whole deal was said to cost...

Cryptocoins News / The Cointelegraph ​ - 1 week ago

Bitcoin keeps traders guessing near $64K as stocks gain on cool US PPI data

Bitcoin joined US stocks in modest gains after July PPI inflation data continued a cooling trend seen over the past month.Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July.Key points...

Bitcoin News / Bitcoin.com - 1 week ago

Fidelity Pulls $46.8M From FBTC as Bitcoin ETFs Turn Red

U.S. spot bitcoin ETFs returned to net outflows on Wednesday, losing $61.16 million after Tuesday’s modest rebound. Ether funds saw a $7.38 million inflow, while solana, XRP and HYPE ETFs recorded no net activity. Ether ETFs Add $7.38M as Bitcoin ETF...