Browsing: Bitcoin

Bitcoin can continue gaining institutional ground even with the CLARITY Act stalled in Congress, according to Strategy Executive Chairman Michael Saylor. He expects regulators to advance rules under existing law and banks to expand bitcoin custody and loans.

The Bitcoin mining industry stands at a critical juncture in its transformation from traditional mining to AI and high-performance computing. The scarcity of power assets, the early pricing by capital markets, the structural changes caused by the loss of hash rate, and the evolution of the regulatory framework together constitute the multiple driving forces behind…

Bitcoin’s price oscillated between $75,000 and $76,000 following a market slide triggered by the failed passage of the CLARITY Act in Congress. Investors are awaiting an upcoming Federal Reserve rate decision, where prediction markets expect a 25-basis-point hike.

Add preferred source1 A Bitcoin holder moved 1,604 BTC worth about $122 million between two unidentified wallets hours before the Federal Reserve’s rate decision on Sept. 16. Whale Alert recorded the transfer at 12:20 UTC, with no evidence the coins were sent to an exchange for sale. The move comes as markets overwhelmingly expect a…