Nasdaq-listed cloud mining services company Bitfufu has announced an agreement to acquire a majority stake in an 80-megawatt (MW) Bitcoin mining facility in Ethiopia. This strategic move marks a significant shift for the company as it transitions from an asset-light strategy to managing a diverse portfolio of Bitcoin mining infrastructure. With this acquisition, Bitfufu’s hosting […] Source: https://news.bitcoin.com/bitfufu-expands-to-africa-acquires-80mw-bitcoin-mining-facility-in-ethiopia/
Ethereum price has had a rocky start to the week and data suggests that more downside could be on the way. Source: https://cointelegraph.com/news/4-metrics-suggest-ethereum-price-headed-for-2-300?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum co-founder Vitalik Buterin has openly criticized MicroStrategy co-founder Michael Saylor’s recent remarks on Bitcoin self-custody. During a recent interview, Saylor was asked whether leaving Bitcoin custody to large banks and third-party entities poses a centralization risk, with the potential for government seizure of individuals’ crypto holdings. The MicroStrategy co-founder responded that when Bitcoin is held by “paranoid crypto-anarchists” who…
Emerging developments in AI could provide the breakthrough that has been missing for cryptocurrencies. Source: https://cointelegraph.com/news/truth-terminal-ai-millionaire-memecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Vietnam’s new blockchain strategy focuses on legal frameworks, infrastructure and international cooperation, as it aims to boost innovation and build a thriving ecosystem. Source: https://cointelegraph.com/news/vietnam-national-blockchain-strategy-2025-vision-2030?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin indicator data suggests a much stronger long-term picture than the current BTC price rejection from $69,000 would have traders believe. Source: https://cointelegraph.com/news/bitcoin-macd-first-bullish-btc-price-signal-since-october-2023?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
U.S. spot bitcoin exchange-traded funds (ETFs) hit a bump in the road on Tuesday, recording $79.09 million in net outflows. Meanwhile, ether ETFs turned things around, bringing in $11.94 million in net gains. Tuesday’s Crypto ETF Action The 12 spot bitcoin ETFs struggled, shedding $79.09 million overall. However, three ETFs saw a bit of sunshine. […] Source: https://news.bitcoin.com/ether-etfs-snag-gains-while-bitcoin-funds-realize-79m-in-outflows/
In a nuanced shift in cryptocurrency markets, Bitcoin (BTC) appears to be entering a stabilization phase with indicators suggesting traders are moving into an accumulation period. Analysts are noting the tepidly good news despite price fluctuations that have seen the leading cryptocurrency trading at $66,300, down 0.7%, but maintaining a 7% gain over the past two weeks. Ethereum, meanwhile, is…
Despite rising interest from both institutional and retail investors, the Bitcoin price has been unable to rise above the $70,000 psychological mark since July 29. Source: https://cointelegraph.com/news/bitcoin-price-stuck-under-67k-rising-retail-institutional-demand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
RedStone is the first large oracle to launch on the Ethereum restaking protocol. Source: https://cointelegraph.com/news/redstone-launch-first-defi-oracle-avs-eigen-layer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
