Bitcoin falls below $73,000 after hotter-than-expected inflation data
Bitcoin hit its weakest level since August 20 as October CPI and hawkish Fed comments pushed traders to price in a December rate hike.
Read the story →Bitcoin hit its weakest level since August 20 as October CPI and hawkish Fed comments pushed traders to price in a December rate hike.
Read the story →Outflows ran from November 5 through November 9, led by BlackRock's IBIT, which has now posted seven straight days of withdrawals.
MiningBlocks have been arriving slower than the 10-minute target, so difficulty is set to fall, lifting miners' revenue per unit of hashrate by about 7%.
TreasuriesThe $81.9 million purchase was funded by common stock sales, and the company also spent $188.3 million buying back STRC preferred shares.
The miner's third-quarter letter says it raised about $1.1 billion from the sales and expects to keep selling bitcoin to fund AI infrastructure.
The open-source Lightning wallet project issued an emergency warning on November 8 after attackers drained funds from at least one instance.
A Nasdaq rout and $1.09 billion of liquidations pushed bitcoin to $75,568, a day after it climbed back above $80,000.
BlackRock's IBIT drove the outflows while Fidelity's FBTC pulled in new money.
Core Scientific and IREN set year-end exits from mining, and Keel sold every bitcoin it held.
See what any dollar amount buys in sats. Type the current price for an exact figure.
More tools →Original Orange Wire designs, printed when you order. Tees, hoodies, caps, mugs, prints and stickers.
Visit the shop →Top five stories, one chart, one explainer. No altcoins, no hype.