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The Latest Breaking News from Bitcoin

This Data Center Stock Is Up 733% in a Year

IREN, formerly known as Iris Energy (IREN) , operates renewable-powered data centers for Bitcoin mining and artificial intelligence. IREN has surged 733% in the past year, with strong technical indicators and a Trend Seeker “Buy” signal. Analysts project robust revenue and earnings growth for IREN, but opinions are mixed due...

Barchart

Scott Bessent Says It's 'China Versus The World'—Then Why's Bitcoin Down To $111,000?

U.S. Treasury Secretary Bessent on Wednesday said that the recent stock market decline will not influence Washington's China policy, while Bitcoin (CRYPTO: BTC) languishes around $111,000 as traders hope for a potential October rebound.

Benzinga

Bitfarms' $300M AI Pivot Sparks ETF Rethink: Can Blockchain Funds Handle The AI Boom?

Bitfarms Ltd. (NASDAQ:BITF) is now causing ripples both in the blockchain and AI sectors.

Benzinga

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Innovation Beverage Surges After Striking Merger Deal With Bitcoin Energy Player BlockFuel

Innovation Beverage Group Ltd (NASDAQ:IBG) shares are surging on Wednesday after it agreed to merge with BlockFuel Energy Inc., an oil and gas explorer and power generation company supporting Bitcoin (CRYPTO: BTC/USD) mining and high-performance data centers.

Benzinga

Bitcoin, Ethereum Crash Was A Blip, Not A Fundamental Shift, Bitwise's Matt Hougan Says

Matt Hougan, Chief Investment Officer at Bitwise, shared his perspective on last week's crypto flash crash, framing the event through a long-term investment lens.

Benzinga

Gold Smashes Through $4,200 As Bitcoin Stuck At $112,000: What's Driving The Underperformance?

Gold as measured by the SPDR Gold Trust (NYSE:GLD) smashed through $4,200 per ounce on Wednesday after Fed Chair Jerome Powell hinted at fresh rate cuts, while Bitcoin (CRYPTO: BTC) continues to languish around $112,000.

Benzinga

RexShares' REX-Osprey ETFs Help Bridge The Opportunity Gap For Prospective Crypto Investors

Without hesitation, one of the strongest performances in the global capital markets stems from the broader cryptocurrency space. At its recent peak, the sector saw its total market capitalization rise to $4.28 trillion. For context, that would make the blockchain economy the fourth largest in the world, trailing Germany at…

Benzinga

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Bitcoin Stalls At $112,000, Ethereum, XRP, Dogecoin Consolidate On Thursday

Bitcoin is trading near $112,000 on Thursday morning as rising inflows into spot BTC and ETH ETFs lifted the broader crypto market by 2.3%.

Benzinga

'Going Broke Slowly': Top Strategist Sounds Alarm On Mounting US Debt Fueled By Political Decisions

The U.S. is heading towards a financial crisis, and the process is happening at a slow pace, cautioned David Kelly, the chief global strategist at J.P. Morgan Asset Management.

Benzinga

Banks Are Sounding the Alarm About Stablecoins

The banking industry says stablecoins could have a negative impact on lending.

Kiplinger

US charges Cambodian crypto kingpin after largest ever bitcoin seizure

Prosecutors say individuals in forced-labour camps convinced victims to funnel billions into fake investments. The state may now use the seized crypto to repay the defrauded parties.

Euronews

US Seizes Record $15 Billion in Bitcoin From Global 'Pig Butchering' Scheme Linked to Chen Zhi

US seizes $15 billion in bitcoin from Chen Zhi's global "pig butchering" crypto scam, the largest forfeiture in history.

International Business Times

How Did UK and US Grab Huge Bitcoin Haul from Global Romance Scam Networks?

UK and US seize £11.3bn Bitcoin from Cambodian scam kingpin Chen Zhi, freezing London properties linked to romance fraud that cost Brits £92m in 2024.

International Business Times UK

NYC Mayor Eric Adams Creates America's First-Ever Municipal Office For Crypto And Blockchain

New York City Mayor Eric Adams launched the country’s first city-level office of cryptocurrencies and blockchains on Tuesday.

Benzinga

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Tom’s Hardware

DoJ seizes $15 billion in Bitcoin from Cambodian fraudster who ran 'pig butchering' scam using forced labor — accused could face 40 years in prison following department's biggest ever crypto confiscation

The DoJ has seized $15 billion in Bitcoin, thought to be proceeds from a 'pig butchering' scam run from forced-labor compounds in Cambodia.

Benzinga

Famed Short Seller Jim Chanos Slams IREN Growth Story, Cites 'Ridiculous Assumptions' And 'Hopium'

Renowned short-seller Jim Chanos has publicly attacked the growth narrative for bitcoin miner and AI cloud provider IREN Ltd. (NASDAQ:IREN), alleging that a recent bullish analyst report is built on “ridiculous assumptions” and unrealistic financial projections.

Benzinga

OPEN, IREN And Now HUT: Eric Jackson Takes Long Position In Hut 8, Citing Pivot To AI Infrastructure

Eric Jackson, founder of EMJ Capital, has announced a new long position in Hut 8 Corp. (NASDAQ:HUT), arguing the market misunderstands the company as a simple Bitcoin (CRPTO: BTC) miner when it is rapidly pivoting to become a significant player in AI infrastructure.

Benzinga

Bitcoin Reserves Held By US Could Swell To $36 Billion As DOJ Files Largest Ever Forfeiture Linked To Cambodian 'Pig Butchering' Scams

The Justice Department filed its largest-ever forfeiture suit on Tuesday to seize more than $14 billion in Bitcoin (CRYPTO: BTC) tied to a global "pig butchering scam."

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Benzinga

'Bitcoin Jesus' Roger Ver Pays $50 Million To Settle Tax Evasion Case With DOJ, Admits To 'Intentional Violation' Of Legal Duty

Early Bitcoin (CRYPTO: BTC) investor Roger Ver reached a settlement with the Department of Justice on Tuesday over his tax evasion case, paying nearly $50 million in back taxes and penalties.

Benzinga

Elon Musk's Bitcoin Energy Thesis Cited By Cynthia Lummis To Back Strategic Reserve, While Pierre Farragu Hails It As BTC's Most 'Compelling' Argument

Sen. Cynthia Lummis (R-Wyo.) referenced Elon Musk's argument on Bitcoin’s (CRYPTO: BTC) energy model on Tuesday to build a case for a strategic reserve of the cryptocurrency

Benzinga

Bitcoin Tumbles As Trump Reignites China Trade Tensions; Ethereum, XRP, Dogecoin Fall: Analyst Says BTC 'Must' Reclaim This Level Or Drop Below $100K

The comeback rally was short-lived as President Donald Trump’s latest trade barb against China sent leading cryptocurrencies lower on Tuesday.

inkl

Fableration is running the world’s richest short story competition that represents a new chapter for writers everywhere

Fableration is an NFP and is charging no entry fee to its short story competition, and offering a first prize worth about the same as a small apartment deposit, paid in Bitcoin.

Fortune

Jamie Dimon’s latest crypto comments show CEO is warming to blockchain, silent on Bitcoin

The JPMorgan CEO has been an outspoken critic of Bitcoin, though his bank is experimenting with blockchain and stablecoin implementations.

The Independent UK

Record bitcoin sum seized in UK-US crackdown on romance scam centres

Luxury London properties frozen as Foreign Office and US officials impose sanctions on gang behind centres in south-east Asia

Benzinga

Bitcoin Rebounds To $113,000, Dogecoin Recovers To 20 Cents But Ethereum, XRP Slide Over 2%

Bitcoin is back $113,000 after U.S. trade representative Jamieson Greer signaled president Trump may still meet China’s president Xi later this month.

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