Author: Anthony M. Orbison
Despite Bitcoin’s 2.2% gains on April 1, BTC (BTC) hasn’t traded above $89,000 since March 7. Even though the recent price weakness is often linked to the escalating US-led global trade war, several factors had already been weighing on investor sentiment long before President Donald Trump announced the tariffs.Some market participants claimed that Strategy’s $5.25 billion worth of Bitcoin purchases since February is the primary reason BTC has held above the $80,000 support. But, regardless of who has been buying, the reality is that Bitcoin was already showing limited upside before President Trump announced the 10% Chinese import tariffs on…
Today, H.B. 4258, which authorizes the state’s comptroller to invest up to $250 million in bitcoin has been referred to the state’s Delivery of Government Efficiency Committee, which is Texas’ version of the United States federal government’s DOGE. The bill was originally introduced to the Texas House of Representatives on March 11, 2025, and was sponsored by two Democratic Congresspeople — Rep. Ron Reynolds and Mihaela Plesa. Under the proposed legislation, Texas’ comptroller would have the power to invest funds (up to $250 million, as mentioned) from the state’s Economic Stabilization Fund — colloquially referred to as the state’s “Rainy…
American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, Hut 8 — a publicly traded Bitcoin (BTC) miner — acquired a majority stake in American Bitcoin (formerly American Data Centers), whose founders include Donald Trump Jr. and Eric Trump. After the deal announcement, Hut 8 transferred its Bitcoin mining equipment into the newly created entity, which is not yet publicly traded. While American Bitcoin will focus on crypto mining, Hut 8 plans to target data center infrastructure for…
The use of hydrocarbon fuels in Bitcoin mining has seen a sharp decline over the past 13 years, with the use of coal energy dropping significantly. The share of coal energy use in Bitcoin (BTC) mining has dropped from 63% in 2011 to 20% in 2024, according to a new report released by the industry organization MiCA Crypto Alliance in collaboration with the risk metrics data platform Nodiens.In parallel, the share of renewable energy used in Bitcoin mining has steadily increased, growing at an average rate of 5.8% per year.Bitcoin absolute energy consumption trends and share of renewable and coal…
Opinion by: Dr. Michael Tabone, senior economist for CointelegraphBitcoin (BTC) has long been hailed as unbreakable and untouchable, a digital stronghold against the forces of change. Bitcoin’s bedrock of security is facing its first true test with quantum computing, which should be addressed sooner rather than later. Its cryptographic armor will crack if not addressed, forcing the network to adapt or perish.Bitcoin’s node count is growing, but incentives are still absentBitcoin’s full node network has grown over time, a sign of increasing adoption and a more robust infrastructure, but the core issue remains. The voluntary act of running a node…
Michael Saylor, you were forced to realise that all the store-of-value assets are defective and pushed you to focus on the only asset that is not. That does not make you immune to seeing the medium of exchange case. You will see how the housing market is huge when you watch it from one point of view and horrible from another. But if you experience pain driving you to keep your billions of dollars purchasing power, housing is a decent tool to keep it. Your SoV obsession misses the mark—badly. The biggest aspect of Bitcoin is the medium of exchange.…
In recent years, companies have embraced increased investment in the cryptocurrency market. Favorable regulation is expected in the coming years, and the asset class has shown its viability as a reserve currency. With companies’ increasing exposure, Metaplanet has become a top 10 Bitcoin holder after its most recent $67 million purchase.The Tokyo-based firm has been known for its innovative approach to Bitcoin financing. Moreover, that very approach has seen it achieve a Q1 yield of 95%. Following in the footsteps of firms like Michael Saylor’s Strategy, it is rapidly becoming a key player in the growth of corporate BTC strategies.Source:…
Bitcoin (BTC) repeated earlier volatility at the April 1 Wall Street open as US trade tariff talk kept markets nervous.BTC/USD 1-hour chart. Source: Cointelegraph/TradingViewBitcoin stays erratic ahead of crunch tariffsData from Cointelegraph Markets Pro and TradingView showed BTC/USD making rapid moves within its weekly trading range of around $83,000.US stocks ticked lower at the open, while gold came off fresh all-time highs of $3,149 per ounce.Talk of recession began to return to the spotlight ahead of US President Donald Trump’s so-called “Liberation Day,” due on April 2 and on which he promised to unveil a new round of trade tariffs.“Equity…
The Human Rights Foundation (HRF) has announced a new round of grants from its Bitcoin Development Fund, distributing 1 billion satoshis (10 BTC) to over 20 projects worldwide. The grants aim to support open-source Bitcoin development, mining decentralization, privacy tools, and educational initiatives for individuals living under authoritarian regimes, with a focus on Latin America, Africa, and Asia. The latest cohort includes diverse projects advancing Bitcoin’s role as a financial and human rights empowerment tool. NetBlocks, a digital rights watchdog organization, monitors and reports on internet shutdowns in real-time. Authoritarian regimes often use these shutdowns to suppress protests, throttle dissent,…
With the increased prominence of the cryptocurrency asset class this year, more and more companies are looking to increase exposure to digital assets. Now, stablecoin issuer Tether has joined them, with the company buying $750 million worth of Bitcoin in Q1 of 2025.The USDT issuer joins the likes of Michael Saylor’s Strategy and Metaplanet as companies that have adopted a BTC acquisition strategy in recent years. Indeed, Tether purchased 8,888 BTC in a transaction recorded Tuesday. Moreover, it brings its total holdings to a value of more than $7.8 billion.JUST IN: $USDT issuer Tether buys 8,888 Bitcoin worth $750 million…