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Investors who bought into Bitcoin (BTC) through US spot exchange-traded funds are now staring at losses, with the cryptocurrency trading significantly below their average purchase price. What Happened According to data from Glassnode analyst Sean Rose, the typical ETF buyer paid around $84,100 per B

Multiple Bitcoin mining models face shutdown thresholds at industrial electricity rates as Bitcoin trades near $75,000. Antpool data shows Antminer S21 series requires $69,000-$74,000 per bitcoin to remain profitable at $0.08/kWh power costs. Older hardware including Antminer S19 XP+ Hydro and Whats

Russia's largest Bitcoin (BTC) mining firm entered bankruptcy proceedings after years of financial deterioration and mounting creditor claims. A regional court initiated insolvency supervision against Fox Group, which controls 98% of BitRiver, on Jan. 27. CEO Igor Runets was placed under house arres

Strategy Inc. on Monday disclosed that it purchased 855 Bitcoin (BTC) for approximately $75.3 million during the week ended February 1, using proceeds from equity sales, according to a filing with the U.S. Securities and Exchange Commission. The company said the Bitcoin was acquired at an average pr

Digital asset investment products recorded $1.7 billion in outflows for a second consecutive week, flipping year-to-date flows to a net negative $1 billion and marking what CoinShares described as a significant deterioration in investor sentiment toward the cryptocurrency sector. What Happened: Cryp