
Chinese-Owned Bitcoin Mines in US Raise Alarm
Bitcoin mining operations in the US owned by Chinese entities are under scrutiny over national security risks like intelligence gathering and critical infrastructure control.
Bitcoin mining operations in the US owned by Chinese entities are under scrutiny over national security risks like intelligence gathering and critical infrastructure control.
The president of Madeira announced plans to create a business hub centered around Bitcoin to drive innovation and collaboration in the region.
The SEC will not challenge a court ruling that overturned its rejection of Grayscale’s bitcoin ETF application, significantly improving the chances of approval.
While Bitcoin has shown resilience amid geopolitical unrest, rival cryptocurrency Ethereum faced downtrend predictions over the past day.
Crypto educator CryptoBusy tweeted that a US government shutdown could drive investors toward Bitcoin as a hedge against economic uncertainty.
Bitcoin developer proposes BitVM to enable advanced smart contracts on Bitcoin through fraud-proof optimistic rollups, expanding capabilities without forcing changes.
OpenAI CEO Sam Altman has praised Bitcoin as a “super logical” advancement on the tech tree, highlighting its ability to operate without government control while effectively combating corruption during an interview with Joe Rogan on “The Joe Rogan Experience” podcast.
Although Bitcoin recently surged to over $28K, analysts warn its price could correct significantly by month’s end, potentially declining to the $19K-$20K range.
Bitcoin is struggling to break past the key $28K resistance, presenting a challenge for bulls after strong jobs data limited Fed policy relaxation.
Global investment bank Jefferies stated Bitcoin serves as a safeguard against currency devaluation and rising inflation in a new analyst note.