Can Bitcoin hold $62K ahead of Friday’s $1.4 billion options expiry?
US 10-year Treasury yields nears dangerous level while major Deribit Bitcoin options expiry approaches.
BitcoinEthereumNews·
The post SpaceX’s First Bitcoin Transfer in Six Months Sparks Treasury Speculation appeared on BitcoinEthereumNews.com. Is SpaceX running a test? SpaceX as one of Bitcoin’s largest corporate holders Elon Musk’s SpaceX has just moved Bitcoin for the first time in six months, but the extremely small volume of the transfer has stirred curiosity across the crypto community. Following recent data shared by the Arkham Intelligence platform, a crypto wallet associated with SpaceX has moved about $88 worth of Bitcoin to another wallet that it also controls. Is SpaceX running a test? With the transfer coming after about six months of silence, and the company only moving $88 worth of Bitcoin out of its massive $1.16 billion Bitcoin holdings, questions are rising about the motive behind such an unusual move. $560 Million Record: CashCat Coin Takes Over Robinhood; Hyperliquid Joins XRP in Bitwise 10 Crypto Index; 105,742,020% in Bitcoin: Satoshi-Era Whale Awakens – Morning Crypto Report XRP ETFs L
Read full articleUS 10-year Treasury yields nears dangerous level while major Deribit Bitcoin options expiry approaches.
The post Vivek Ramaswamy Owes His Readers And Voters More Optimism appeared on BitcoinEthereumNews.com. WASHINGTON, DC – DECEMBER 05: Businessman Vivek Ramaswamy (C), Co-Chair of the newly announced Department of Government Efficiency (DOGE), arrives at the U.S. Capitol for a media availability with Tesla CEO Elon Musk, Co-Chair of the newly announced Department of Government Efficiency and Speaker of the House Mike Johnson (R-LA) on December 05, 2024 in Washington, DC. Musk and Ramaswamy are meeting with members of the U.S. Congress today about DOGE, a planned presidential advisory commission with the goal of cutting government spending and increasing efficiency in the federal workforce. ( (Photo by Andrew Harnik/Getty Images) Getty Images Amy Acton, Vivek Ramaswamy’s opponent in the Ohio governor’s race, should make Ramaswamy own his recent Wall Street Journal opinion piece. It sadly denigrates enormous U.S. economic progress, and worse coming from a conservative, it ties investment
Institutional blockchain adoption via private networks could undermine Bitcoin's value by bypassing public chains, affecting its growth potential. The post JPMorgan says Bitcoin’s real threat isn’t Strategy’s massive holdings, it’s blockchain adoption that skips public chains entirely appeared first on Crypto Briefing.
The Bitcoin miner's shares climbed about 15% after announcing it's acquiring a Texas site with up to 2 GW of power capacity to expand its AI and digital infrastructure strategy.
A surging US dollar could tighten global financial conditions, impacting Bitcoin's liquidity and speculative investment flows. The post Traders are most bullish on the US dollar in over 10 years, and Bitcoin should pay attention appeared first on Crypto Briefing.
The post MARA bets big on Texas AI hub as shares outperform crypto peers appeared on BitcoinEthereumNews.com. MARA Holdings has expanded its AI and digital infrastructure footprint by acquiring a 1,200-acre powered land site in Texas, helping lift its shares more than 12% as the Bitcoin miner continues to outperform many publicly traded crypto companies. Summary MARA has acquired a 1,200-acre powered site in Texas with up to 2 GW of planned grid capacity. The company plans to build an AI and high-performance computing campus alongside Bitcoin mining operations. MARA shares jumped more than 12% after the announcement, extending gains to over 45% this year. According to a company press release, MARA has signed a definitive agreement to acquire the Texas property from HIF. The site is expected to provide access to an initial 1 gigawatt of grid capacity by October 2027, with total available capacity projected to reach 2 gigawatts by April 2028. The company said the location is designed to
The post MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal appeared on BitcoinEthereumNews.com. The 1,200-acre Matagorda County site was previously slated for a $7 billion HIF Global e-fuels plant backed by Texas Gov. Greg Abbott before HIF pivoted to power computing instead. MARA Holdings said Thursday it signed a definitive agreement with HIF to acquire a powered land site of more than 1,200 acres in Matagorda County, Texas, in a post on its official X account. The site will carry up to 1 gigawatt of grid capacity by October 2027 and up to 2 gigawatts by April 2028, subject to approval from Texas grid operator ERCOT. The deal is not an upfront cash purchase. It is structured as up to $600 million in milestone-based payments tied to regulatory approvals, land access and eventually a signed data-center tenant, according to an SEC filing MARA disclosed, as reported by The Block. MARA shares rose roughly 14% in early trading Thursday on the news, The Block reported. HIF Global had
MARA Holdings has expanded its AI and digital infrastructure footprint by acquiring a 1,200-acre powered land site in Texas, helping lift its shares more than 12% as the Bitcoin miner continues to outperform many publicly traded crypto companies. According to…