Bitcoin rebounds from bearish US GDP data as dip buyers push BTC price back toward $95K

Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume... Read more »

Bitcoin short term realized volatility drops to 16% after early April spike

Bitcoin’s volatility curve saw a sharp swing in April. Realized volatility measures the actual day-to-day variability in Bitcoin’s price over a set window instead of the market’s expectations. It is the annualized... Read more »

Phoenix Group Boosts Ethiopia Bitcoin Mining Capacity to 132 MW

Phoenix Group has expanded its Bitcoin mining operations in Ethiopia, securing an additional 52 megawatts, bringing its total capacity there to 132 megawatts and surpassing 500 megawatts globally across five countries. Development... Read more »

XRP spot ETF has 85% chance of approval this year, say Bloomberg analysts

Key Takeaways Bloomberg raises XRP ETF approval prediction to 85% for 2025. Litecoin and Solana ETFs have a 90% chance of approval. Share this article The likelihood of a spot XRP ETF... Read more »

Grayscale launches Bitcoin adopters exchange-traded fund

Asset manager Grayscale launched the Grayscale Bitcoin Adopters exchange-traded fund (ETF), an investment vehicle that tracks companies employing a Bitcoin (BTC) treasury, or holding strategy. According to the April 30 announcement, the... Read more »

US GDP for Q1 2025 falls by 0.3% creating stagflation worries as Bitcoin trades flat on news

US GDP contracted at an annual rate of 0.3% in the first quarter, the Commerce Department said in its advance estimate today. Real final sales to private domestic purchasers, a measure of... Read more »

Use It or Lose It’: AUSTRAC Warns Inactive Crypto Exchanges

AUSTRAC is cracking down on inactive digital asset exchanges, urging them to voluntarily withdraw their registrations or face forced cancellation to prevent criminal exploitation. Significant Proportion of 427 Registered Exchanges Inactive Australia’s... Read more »

Is Bitcoin price going to crash again?

Key takeaways: Bitcoin’s 28% rebound from $75,000 faces resistance at $95,000, risking a bull trap. Strong spot price momentum and ETF inflows support a potential $100,000 push. Bull flag pattern suggests a... Read more »

Bitcoin Miner Compass Energizes First Phase of 30 MW Iowa Data Center

Compass Mining has initiated operations at the first phase of its self-owned bitcoin mining facility in Iowa, the company announced on Tuesday. Compass Mining Powers Up First Phase of 30 MW Iowa... Read more »

US Commerce Secretary Howard Lutnick reiterates Bitcoin is a commodity, should be treated like gold

Secretary of Commerce Howard Lutnick said the US is embracing Bitcoin (BTC) businesses, signaling a sharp policy shift from the Biden administration’s more adversarial stance. In a recent interview with Bitcoin Magazine... Read more »
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