Crypto News

Bitcoin Climbs to $85K as Institutional Players Go on a Buying Spree

The leading digital asset continued its ascent as companies such as stablecoin behemoth Tether revealed billions worth of BTC on the books. BTC Reclaims $85k As Bullish Firms Go Shopping The world’s largest stablecoin firm revealed on April 1 that it had acquired 8,888 BTC during the first quarter of 2025 and now holds nearlySource link

Can New Cryptos Outpace Bitcoin? Exploring the Battle for Market Dominance

Bitcoin (BTC) has held the top spot in the cryptocurrency world since its creation in 2009. It remains the largest and most recognized digital asset by market capitalization. (Read More)Source link

Bitcoin Miners Grapple With $20M March Earnings Dip as Hashprice Swings 

March’s financial metrics reveal a $20 million contraction in bitcoin miners’ earnings relative to February. Simultaneously, the hashprice—the theoretical daily yield of 1 petahash per second (PH/s)—diminished by 3.93% from its early March benchmark. Hashprice’s 3.93% Slide Meets 862 EH/s Frenzy Fresh data collected on April 1, 2025, via hashrateindex.com, illustrates a descent in hashpriceSource link

Risk to Bitcoin Buying Plans Makes Strategy a Sell, Says Wall Street Analyst

Although Strategy’s (MSTR) aggressive buying of bitcoin (BTC) has sent its shares soaring over 2,500% over the past five years, one analyst argues that the reverse could soon be the case.“While we were negative on several respects upon initiation, we have gained incremental confidence that the convertible issuance strategy is likely tapped,” wrote Monness Crespi analyst Gus Gala, downgrading MSTR to sell just two weeks after initiating coverage at neutral.Strategy currently holds 528,185 BTC on its balance sheet and has been buying sizable quantities nearly every week for the past few months, mostly funded by common share issuance and also sales of its initial preferred series STRK.Gala's price target of $220 suggests just shy of 30% downside from the current...

Hot Air Rises Again as Fartcoin Outpaces Dogecoin in April Fool’s Meme Rebound

Fartcon’s price has hit the gas again, jumping 22% on the annual day for goofs and gags. It's outpacing Dogecoin and most other meme majors.Source link