US and Israeli airstrikes on Iran have entered their fourth day. The attacks are targeting military infrastructure and power facilities. Some analysts believe the campaign may also threaten Iran’s extensive Bitcoin mining operations. Cryptocurrency experts have raised questions about the strikes’ impact on Iran’s power grid. The country hosts an estimated 2-5% of global Bitcoin mining capacity. Disrupting the grid could shut down hundreds of thousands of mining rigs. Iran legalized cryptocurrency mining in 2019. The regime uses cheap subsidized electricity to convert energy resources into hard currency. Licensed miners pay as little as $0.005 per kilowatt-hour. This allows them…
Author: Sazid Kabir
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The US Senate has slapped down the idea of a government-issued digital dollar. They did it by tacking a ban onto a huge housing bill—and the vote wasn’t even close. 84-6. That’s the score. Lawmakers from both sides actually agreed on something for once. The 21st Century ROAD to Housing Act sailed through with bipartisan backing, and buried inside it is a hard “no” to any Federal Reserve digital currency without Congress signing off first. What the bill actually does Republican Senator Tim Scott and Democrat Elizabeth Warren cooked this thing up together. It tackles housing supply, rental assistance, mortgage…
BitMine is going all-in on ETH. The publicly-traded firm just dropped another $103 million on Ethereum, and both its stock price and the crypto itself are flying. 50,928 ETH. One week. $103 million. That’s the latest buy from BitMine Immersion Technologies. Their total stash now sits at 4.47 million ETH—roughly 3.71% of every Ethereum token in existence. The market liked what it saw. BMNR shares jumped 9% immediately after the news dropped. The “alchemy of 5%” BitMine Chairman Tom Lee isn’t hiding his goal. He wants 5% of all Ethereum. He calls it the “alchemy of 5%.” Even with $7.7…
Bitcoin price is pumping hard right now. It hit $69,115 after bouncing from $60,000. But traders are getting nervous. This rally might be a trap. The coin is slamming into multiple resistance levels at once. We’re talking channel highs, Fibonacci levels, and moving averages all clustering together. When that happens, price usually gets rejected hard. Volume is the real problem here. It’s dropping even as price climbs. That’s not how healthy breakouts work. You want to see volume exploding, not fading away. This setup screams “bull trap.” Here’s how a bull trap works. Price breaks above resistance. Retail FOMO kicks…
Bitcoin could be close to a market bottom, at least when measured against gold, according to analysis from Mercado Bitcoin. Historically, bitcoin bear markets last 12–13 months. If the pattern holds in dollars, the current downturn could continue until late 2026. However, when priced in gold, the potential bottom may have arrived as early as February, with a recovery possibly starting in March. Global uncertainty and rising tensions—especially with China and Iran—have pushed capital into gold, weakening bitcoin relative to bullion. Gold has risen over 80% in the past year to $5,280. Meanwhile, around $7.8 billion has flowed out of…
Three cryptocurrency traders have reportedly earned $2.35 million in a single month using a focused Bitcoin strategy on Polymarket. On-chain data from Lookonchain shows the traders’ linked wallets, created in January 2026, began active trading in February. Their approach centered on short-term bets predicting whether Bitcoin would move up or down, with occasional Ethereum and Solana wagers. The largest wallet generated $1.13 million in profit from over 24,600 predictions, with the biggest single win of $33,900. The second wallet earned $810,522 from 23,000 predictions, while the third wallet, using larger positions, made $405,530 with a single $111,000 win. All three…
For years, retail investors fueled the crypto market. Dip-buyers, memecoin speculators, and momentum traders drove rallies. Now, many are moving to equities, slowing the engine digital assets have relied on for a decade. A report from market-maker Wintermute, based on JPMorgan data, shows retail demand shifting steadily toward stocks since late 2024. The October crypto crash accelerated the trend, wiping out over $19 billion in positions and liquidating 1.6 million traders in a single session. Unlike stocks, which rely on earnings, dividends, and institutional support, crypto depends heavily on retail enthusiasm. With that attention moving elsewhere, digital assets face a…
Even as bitcoin loses trillions in value, traditional investors are still backing crypto. At the iConnections conference in Miami, digital assets are now considered a core part of alternative investments. Over 75 digital asset funds attended, generating about 750 meetings. Nearly a quarter of limited partners now show interest in crypto strategies, with family offices leading adoption. Bitcoin is down nearly 25% this year, and crypto company stocks like Coinbase and MicroStrategy have fallen. Yet confidence remains. CEO Ron Biscardi said bitcoin has achieved institutional legitimacy, and altcoins are close, pending clear regulations. Investors treat bitcoin as a risk asset,…
Cryptocurrency markets remain volatile late Saturday as tensions between the U.S., Israel and Iran continue to escalate. Unlike stock markets, crypto trades 24/7 and reacted immediately to the shock. Bitcoin is hovering around $64,000 to $65,000. It earlier dropped to about $63,038 before seeing a small rebound. The move marks a decline of roughly 3–4% on the day. Ethereum is trading near $1,850 to $1,900 after sharp swings. Other major tokens like XRP and Solana have also posted losses, with some falling between 4% and 10%. Estimates suggest between $70 billion and $128 billion was erased from the total crypto…
Crypto venture capital giant Paradigm is preparing to raise a new $1.5 billion fund — and this time, it is not just about crypto. The San Francisco-based firm plans to invest heavily in artificial intelligence, robotics and other frontier technologies. It will still back blockchain startups, but this marks its clearest move yet beyond pure crypto investing. Paradigm manages around $12.7 billion in assets. It previously launched a $2.5 billion crypto fund in 2021, one of the largest in the industry, and followed it with an $850 million early-stage blockchain fund in 2024. Now, managers believe limiting bets to crypto…