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BONK price drops below support as volume rises 46%

BONK$0.0₄1309 suffered a sharp decline at the start of the week, falling 11% to $0.00001232 as the Solana-based meme token fell through critical support. The drop erased much of last week’s gains, confirming a near-term bearish shift, according to CoinDesk Research’s technical analysis data model. After falling from $0.000014 to $0.000013, BONK fell over 6% […]

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The Strategy’s (MSTR) Bitcoin (BTC) Engine Hits New Phase With S&P Nod, Canaccord Says

Brokerage Canaccord Genuity said Strategy’s ( MSTR ) transformation into a “full-cap structure bitcoin acquisition engine” hit a new milestone with its first S&P credit rating, a B- with a stable outlook, recognizing the company’s increasingly sophisticated balance sheet strategy. The rating validates Strategy’s disciplined capital management and access to markets, although its assets remain

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Bitcoin (BTC) Network Hashrate Hit Record Highs in October, JPMorgan (JPM) Says.

The bitcoin network’s hash rate hit an all-time high in October, JPMorgan ( JPM ) said in a report Monday. The monthly average network hash rate increased 5% to 1,082 exahashes per second (EH/s), the report said. The hashrate refers to the total combined computational power used to mine and process transactions on a proof-of-work

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Bitcoin (BTC) price drop could be a warning for stocks: Crypto Daybook Americas

By Omkar Godbole (All times ET unless otherwise noted) The crypto market remains under pressure and falling in October. Bitcoin BTC$108,224.72 has fallen 3% to $107,500 in the past 24 hours, while ETH, XRP, BNB and SOL have seen even greater losses. The CoinDesk 20 index fell more than 4%. Among the top 100 coins,

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Microsoft Signs $9.7B AI Cloud Deal With Bitcoin Mining

Microsoft said today that it had signed a $9.7 billion purchase agreement for AI cloud capabilities from bitcoin miner-turned-neocloud company IREN. The move marked one of the biggest commercial validations yet for the emerging neocloud sector — referring to a group of data center companies that evolved from bitcoin mining to artificial intelligence infrastructure. Under

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