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Bitcoin’s $7K Drop Sends Miner Revenues to April Lows

On Tuesday, bitcoin’s spot price slipped more than 5% against the U.S. dollar, wiping out more than $7,000 in value since the day’s first trade. The drop hit miners right in the hashpower—revenues tanked to levels they haven’t seen since April 8, 2025, leaving many rigs humming just to stay alive. Bitcoin’s Falling Hashprice Puts […] from Bitcoin News https://ift.tt/vcAkt3D
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Mevolaxy Launches Mobile App and Announces Record Payouts

This content is provided by a sponsor. PRESS RELEASE. Los Angeles, USA, November 4th, 2025, Chainwire. Mevolaxy, a US-based mevstake platform, has released an intuitive mobile app to provide an easy solution for users who prefer managing their assets on the go. Additionally, the company announced that the latest investor payouts have set another record […] from Bitcoin News https://ift.tt/jPEVlWA
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Bitcoin Nosedives as a Socialist Prepares to Take Over New York City and Fears of an AI Bubble Spark a Sell-Off in Stocks

The cryptocurrency plunged below $100K, triggering $470 million in liquidations, as long investors racked up the lion’s share of losses. Markets in Turmoil: AI Fears and a Socialist NYC Sink Bitcoin and Stocks “A dip below 100k seems inevitable,” said Standard Chartered Bank’s Geoffrey Kendrick just a few days ago. “It may be the last […] from Bitcoin News https://ift.tt/jQ40l5f
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Bitmine Nears 3% of ETH Supply as Holdings Reach 3.4 Million Tokens

Bitmine has expanded its ethereum position to 3.4 million ETH, bringing its total crypto and cash holdings to $13.7 billion. The company now owns 2.8% of the total ETH supply, marking a key milestone in its long-term goal to reach 5%. $13.7 Billion in Crypto and Cash for Bitmine Bitmine Immersion Technologies (NYSE: BMNR) has […] from Bitcoin News https://ift.tt/cSpaez1
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Cipher Mining Seals 15-Year Deal With Amazon for 300MW Data Center

Cipher Mining Inc. has signed a 15-year data center campus lease with Amazon Web Services (AWS) to supply 300 megawatts of capacity for artificial intelligence (AI) workloads, marking one of its largest high-performance computing (HPC) initiatives to date. Cipher Mining’s $5.5B AWS Lease Anchors AI Hosting Expansion Bitcoin miner and HPC provider, Cipher Mining Inc. […] from Bitcoin News https://ift.tt/uOnSlvQ
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Bitcoin Dips as Polymarket Predicts a Decisive Zohran Mamdani Victory

The prediction market has assigned Zohran Mamdani a 93% probability of becoming New York City’s next mayor. Bitcoin Slips as Traders Fret Over Potential Mamdani Win Democratic socialist Zohran Mamdani will likely be New York City’s next mayor according to Polymarket, and bitcoin traders don’t seem too pleased by it. The 34-year-old Ugandan-born New Yorker […] from Bitcoin News https://ift.tt/eIbChx6
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ETF Recap: Bitcoin ETFs Bleed $799 Million as Solana ETFs Soar in Debut Week

The final week of October delivered a mixed performance for crypto ETFs. Bitcoin funds bled nearly $800 million, ether products held steady with modest inflows, and solana ETFs stole the spotlight with a $199 million debut, signaling a shifting behavior in investor sentiment. Solana ETFs Shine Amid Heavy Bitcoin Outflows and Ether Stability October’s final […] from Bitcoin News https://ift.tt/VSjMgsC
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