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Investment firm Benchmark raised its price target for Hut 8 to $85 from $78 Monday. The move followed the bitcoin miner's $7 billion data center lease announced last week. Analyst Mark Palmer maintained a buy rating and said the new target suggests 93% upside from Friday's close of $44.12. Hut 8 sha

Macro investor Raoul Pal on Tuesday said Bitcoin (BTC), Ethereum (ETH) and Ripple's (XRP) have likely already formed their “final low,” arguing that a sharp liquidity squeeze earlier this quarter flushed excess leverage from the crypto market and set the stage for a recovery driven by renewed global

Approximately $23.6 billion worth of Bitcoin (BTC) options will expire Friday, marking the largest BTC options expiry in history. The figure represents more than half of total open interest on Deribit, the world's largest Bitcoin options venue. Bitcoin traded near $88,000 Tuesday, down from briefly

The International Monetary Fund confirmed negotiations for the sale or wind-down of El Salvador's government-run Chivo Bitcoin wallet are well advanced. The update came during the IMF's second review of El Salvador's 40-month Extended Fund Facility. The country secured a $1.4 billion loan in 2024 af

Bitcoin (BTC) slid below $88,000 Tuesday after briefly trading above $90,000 a day earlier.** The largest cryptocurrency was trading around $87,400, down 2.4% in 24 hours. Ethereum (ETH) fell 2.7% to $2,957 as most major cryptocurrencies posted losses. Total crypto market capitalization stood at app