Grosscrypto News

Cango raises $75.5M as Bitcoin miner makes AI infrastructure pivot

Cango raises $75.5M as Bitcoin miner makes AI infrastructure pivot - Latest Cryptocurrency News

The funding follows a $305 million Bitcoin sale and increases a key investor’s voting power to nearly 50%, as the company restructures its balance sheet amid sector volatility.

Published Date:

Creator:

Read More

ETH ETF holders in ‘worse position’ than BTC ETF peers as crypto market looks for bottom

ETH ETF holders in ‘worse position’ than BTC ETF peers as crypto market looks for bottom - Latest Cryptocurrency News

Bitcoin and Ether spot ETF holders are nursing steep losses as the market continues to search for a local bottom, but data from Bloomberg suggests neither cohort is capitulating.

Published Date:

Creator:

Read More

Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price

Bitcoin analysts predict ‘prolonged’ consolidation phase for BTC price - Latest Cryptocurrency News

Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” and a prolonged consolidation period may lie ahead even if traders are actively buying dips to the range lows.

Published Date:

Creator:

Read More

Trump family's WLFI plans FX and remittance platform: Report

Trump family

The platform hopes to capture a fraction of the more than $9.6 trillion in daily trading volume in the foreign currency exchange market.

Published Date:

Creator:

Read More

The real ‘supercycle’ isn’t crypto, it’s AI infrastructure: Analyst

The real ‘supercycle’ isn’t crypto, it’s AI infrastructure: Analyst - Latest Cryptocurrency News

AI data center spending is eclipsing crypto’s hoped-for supercycle as Bitcoin miners shift capital toward high-performance computing infrastructure.

Published Date:

Creator:

Read More

Bitcoin must close week at $68.3K to avoid 'bearish acceleration': Analyst

Bitcoin must close week at $68.3K to avoid

Bitcoin may continue to copy its 2022 bear market if bulls fail to reclaim the 200-week exponential moving average by the end of the week, new analysis said.

Published Date:

Creator:

Read More

How a Bitcoin promotion error triggered a regulatory reckoning in South Korea

How a Bitcoin promotion error triggered a regulatory reckoning in South Korea - Latest Cryptocurrency News

A mistaken Bitcoin payout revealed how exchange ledgers work and why South Korea is rethinking internal controls for crypto platforms.

Published Date:

Creator:

Read More

Binance teases Bitcoin bullish 'shift' as crypto sentiment hits record low

Binance teases Bitcoin bullish

Bitcoin net taker volume flipped positive after a month of "aggressive" selling, but sentiment crashed to its lowest levels in crypto market history.

Published Date:

Creator:

Read More

Is this crypto winter different? Key observers reevaluate Bitcoin

Is this crypto winter different? Key observers reevaluate Bitcoin - Latest Cryptocurrency News

The current market downswing could be driven by institutional investors exiting positions, as crypto still presents too much risk for them.

Published Date:

Creator:

Read More

Bitcoin miner outflows spike in January, but public sales remain limited

Bitcoin miner outflows spike in January, but public sales remain limited - Latest Cryptocurrency News

Onchain data shows nearly 49,000 BTC moved from miner wallets in two days, but public disclosures suggest the transfers do not reflect broad capitulation.

Published Date:

Creator:

Read More