Business

BitMine Immersion’s aggressive ether accumulation has backfired after the recent leg lower in crypto markets, leaving the company with more than $6 billion in paper losses on its ETH holdings. The publicly traded company added over 40,000 ether last week, bringing its total balance to around 4.24 million ETH, according to portfolio tracking data from […]

One trader lost more than $220 million on an ether position as a new wave of forced liquidations swept through the crypto markets, pushing total losses over the past 24 hours to nearly $2.6 billion. The largest single liquidation occurred on decentralized derivatives exchange Hyperliquid, where an ETH-USD position worth $222.65 million was wiped out,

Bitcoin slid sharply on Saturday, falling below $80,000 for the first time since April 2025, as sustained selling pressure and a lack of new capital weighed on crypto markets. The world’s largest cryptocurrency fell as much as 10% to $75,709.88 during New York afternoon trading on Saturday, extending a rally that has now wiped more

Bitcoin’s drop below $84,200 has sparked an outbreak of panic on social media, with research firm Santiment saying negative comments have jumped to the highest level in 2026 so far. The move pushed BTC sentiment to its lowest level since November 21 and turned sentiment from cautious to outright fear, a shift that tends to

Bitcoin mining activity has taken its biggest hit since late 2021 after a severe winter storm in the US forced several major mining companies to curtail operations, triggering a sharp drop in network hashrate, production and revenue. Bitcoin’s overall network hash rate has fallen around 12% since November 11, marking the biggest drop since October