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BTC mining faces price risk, not power price shock, as oil tops $100

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As oil rises above $100 amid escalating Middle East tensions, the question for the Bitcoin network and miners is not whether their electricity bills will rise, but whether Bitcoin’s price will fall. According to research by bitcoin mining software and services company Luxor’s Hashrate Index, the direct effect of oil price shocks on mining costs […]

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Vitalik Buterin says Ethereum’s main use case is a ‘public bulletin board’, not just smart contracts

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Ethereum co-founder Vitalik Buterin says the crypto industry may be overcomplicating what blockchains are actually good for. Speaking at X after attending the Real World Crypto conference — which focuses on cryptography research — Buterin said stepping outside the typical blockchain bubble helped him rethink Ethereum’s core role. Instead of starting with Ethereum and trying

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Large and small holders are selling, but BTC remains resilient

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On-chain data from Glassnode shows that bitcoin holders across nearly all wallet cohorts have shifted back to aggressive selling amid ongoing geopolitical tensions in the Middle East. Distribution is led primarily by retail investors, who appear to be the main source of selling pressure. Glassnode’s Accumulation Trend Score, which measures whether different wallet groups are

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Tether aims to bring stablecoins and payments to Bitcoin with investment in Ark Labs

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Tether, the crypto company behind the most popular stablecoin USDT, said on Thursday that it has invested in Ark Labs to bring programmable payments to the Bitcoin network. The backing was part of a $5.2 million funding round for the startup. Ark Labs is developing Arkade, a system that aims to allow faster transactions and

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BlackRock debuts staked ether ETF as demand for dividend in crypto funds grows

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After the first wave of spot ether (ETH) exchange-traded funds launched without stakes, BlackRock’s iShares Staked Ethereum Trust ETF (ETHB), one of the industry’s most anticipated releases, will begin trading on Nasdaq on Thursday. The fund marks the asset manager’s third crypto ETF and the first from BlackRock to incorporate stakes. ETHB will hold spot

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Futures trading is now five times larger than spot on Binance

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The derivatives market on leading digital asset exchange Binance makes more than five times that of spot, suggesting volatile market conditions. The futures-to-spot volume ratio on the exchange has risen to approximately 5.1, the highest level since mid-2023, CryptoQuant data shows. The ratio is an indicator of the type of market participants that trade with.

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MSTR’s STRC Buys Estimated 7,000 BTC This Week, But Two Prime CEO Warns ‘No Free Lunch’

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About 7,000 bitcoin are estimated to have been bought this week through Strategy’s ( MSTR ) perennial favorite Stretch ( STRC ), underscoring how quickly the high-yield instrument has become a key driver of the company’s bitcoin accumulation. But the structure carries risks, according to Alexander Blume, CEO of Two Prime, an SEC-registered investment adviser

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