Bitcoin climbs above $63K as easing oil prices lift risk appetite

The post Bitcoin Rebounds 11% From $57,700 Low as On-Chain Demand Recovers appeared on BitcoinEthereumNews.com. Bitcoin News Bitcoin (BTC) has staged a roughly 11% rebound from last week’s $57,700 low, climbing back toward the $64,000 area as on-chain data points to a genuine shift in demand rather than a simple technical bounce. Our reading of the flow suggests the leading cryptocurrency is sitting at an inflection point between a fading bear-market decline and the early groundwork for renewed strength. The recovery arrived after weeks of relentless selling, and the speed of the move has revived talk of a local bottom. Traders are now watching whether spot buyers can sustain the bid or whether this is another rally destined to be sold into. The most important signal sits beneath the price action. Combined spot and futures demand contracted by roughly 650,000 BTC in early June — the largest such drawdown since 2022 — and that collapse was a primary driver of the sell-off. On-chain data

The post CleanSpark Bitcoin Mining’s Record Hashrate and Stock Insight appeared on BitcoinEthereumNews.com. CleanSpark’s Bitcoin mining operation just posted some of its strongest numbers yet — and the market noticed. Shares of CLSK climbed 6.13% to $13.16, closing near session highs, after the company disclosed a record operational hashrate and a meaningful jump in Bitcoin holdings. But beneath the surface of that single-session rally, a more complicated technical picture is taking shape — one that has at least one prominent analyst urging caution before anyone rushes to call it a trend. Key takeaways CleanSpark produced 614 Bitcoin in early July 2026 and reached a record operational hashrate of 50 EH/s. Total Bitcoin holdings climbed to 13,924 BTC, reflecting sustained accumulation alongside active mining. CLSK shares rose 6.13% to $13.16, but technical indicators — including MACD and ADX — signal prevailing bearish momentum. Probability models assign a 68% likelihood of downward pri

The post AI Contracts, Not Bitcoin, Now Drive Miner Valuations—and Cipher, TeraWulf Look Cheap appeared on BitcoinEthereumNews.com. Bitcoin miner equity valuations used to move almost lockstep with the price of BTC. That story is now changing fast. According to a market note from CoinDesk, Compass Point analysts Michael Donovan and Ed Engel argue that AI compute contracts—not bitcoin mining economics—are becoming the primary valuation driver for publicly traded miners. The analysts name Cipher Mining and TeraWulf as standout examples. Both stocks, they say, trade below the implied value of their signed AI hosting leases. Despite billions of dollars already locked into multi-year contracts, equity investors are applying a steep discount—a gap that the Compass Point team calls irrational. The pivot toward AI infrastructure is not happening in isolation. Across the broader tech landscape, decentralized computing networks are attracting serious capital—partnerships like UXLINK and Origins

Bitcoin's rising price floor amid AI investment and regulatory delays suggests resilience, but prolonged uncertainty may hinder broader adoption. The post Bitwise says Bitcoin’s floor is rising amid AI boom and regulatory delays appeared first on Crypto Briefing.

The post Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining appeared on BitcoinEthereumNews.com. Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer shares jumped 14.1% as the company reported stronger U.S. manufacturing and 921 BTC mined in May. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER mining rigs, with commercial production scheduled to begin before the end of 2026. The company said the facility will strengthen its manufacturing capacity inside the United States while reducing its dependence on outside suppliers for critical mining equipment. Shares of Bitdeer responded positively to the ann

Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER…

The post New Hampshire snuffs out trailblazing bitcoin bond effort appeared on BitcoinEthereumNews.com. At the last moment, New Hampshire has turned its back on a groundbreaking effort to establish what was expected to be the first rated, bitcoin-backed bond issued under a state’s authority, with a governmental body there canceling the project. Just a few months after Moody’s Ratings gave the bond a Ba2 rating, the New Hampshire Executive Council, which reviews major state financial actions, slammed the door with a 3-2 decision that sided with those concerned about the state’s financial reputation. The financial instrument was to be issued by the Business Finance Authority of the State of New Hampshire, backing a private-sector bond of up to $100 million tied to Bitcoin mining and datacenter firm CleanSpark. The council’s vote was the final step. “It was an extremely short-sighted decision,” Keith Ammon, a longtime crypto advocate and the majority floor leader in the New Hampshire Hous

The post Bitcoin Holds Strong: Crucial Support Level Maintained appeared on BitcoinEthereumNews.com. Bitcoin continues to demonstrate resilience by maintaining its position above a significant support level, fueling optimism for a potential upward trajectory. While it remains below a major resistance benchmark, market dynamics and renewed purchasing interest bolster anticipation of a bullish trend. Continue Reading:Bitcoin Holds Strong: Crucial Support Level Maintained Source: https://en.bitcoinhaber.net/bitcoin-holds-strong-crucial-support-level-maintained