Bitcoin Mining Company Luxor Secures $16 Million to Expand Its AI Computing Efforts
In brief Luxor Technology successfully secured $16 million in a strategic funding round led by CMT Digital, with contributions from Canaan, MicroBT, Halo, Steelhead, and angel investors, aimed at bolstering its entry into AI computing capabilities. This funding announcement comes on the heels of the September debut of Luxor AI, which enhances Luxor’s existing Bitcoin-mining […]
Bitcoin ETFs Lose Almost $1 Billion in Two Weeks as Uptober Remains Decline
In Brief U.S. spot Bitcoin ETFs experienced net outflows of $228.6 million this past week, following a loss of $681.1 million the week prior. Outflows surpassed inflows on three out of five trading days, with Wednesday seeing the most significant drop of $261.4 million. This month, the funds have lost around $615 million so far, […]
CIA’s deputy director states Bitcoin can be used for gathering intelligence.
Bitcoin’s Traced Transactions: A CIA Perspective Bitcoin was originally marketed to early users as untraceable digital money. However, the CIA’s Deputy Director Michael Ellis has some thoughts on that. In a podcast episode from May 1, 2025, Ellis stated that Bitcoin isn’t truly anonymous. Instead, he emphasized that US intelligence agencies leverage it to gather […]
Crypto Companies Form Quantum Partnership with 6 Million Bitcoin at Risk
In Brief Nine blockchain organizations have come together to form the Quantum Alliance. This open standards body aims to clarify the definition of “quantum-ready” and establish a uniform approach for testing and verifying quantum-resistance claims in networks, wallets, and infrastructure. The Alliance has raised concerns that about 6.04 million BTC, which is roughly 30% of […]
BlackRock sells $71.78 million in Bitcoin amid increasing ETF redemptions
BlackRock Sells $71.78 Million in Bitcoin BlackRock has reportedly sold $71.78 million worth of Bitcoin, and yes, that’s a figure that stands out, especially coming from the world’s largest asset manager. However, the reality is a bit more straightforward—and perhaps even a bit more revealing. This selling activity is tied to investors withdrawing from BlackRock’s […]
Michael Saylor predicts that bitcoin will reach $100,000.
Michael Saylor, a prominent figure in the cryptocurrency space, has predicted that bitcoin could exceed $100,000 within the next year, potentially igniting a new bull market. Currently, bitcoin is valued at approximately $81,800, having risen from around $75,900 just a month ago, coinciding with the Senate’s inability to push the Clarity Act forward in a […]
Indicators suggest a change for bitcoin, while Ethereum prepares for Glamsterdam: Upcoming Week in Crypto
Crypto Market Update Crypto markets are starting the week with some volatility. Bitcoin bounced back to around $86,000 early Monday, even hitting $87,000 for a brief moment, which is close to its highest point in the last eight months, before taking a step back. Traders are keeping a careful watch on the strength of the […]
Bitcoin climbs to $86.5k as ‘uptober’ expectations grow, with attention on nonfarm payrolls
Bitcoin experienced a rise on Friday, continuing its promising start to October, as optimism grows that the cryptocurrency may follow a historical trend of gains this month. The largest cryptocurrency saw a 3% increase, reaching $86,650.4 by 01:01 ET (05:01 GMT), marking a 2.6% rise for the week—its third consecutive week of gains. Other cryptocurrencies […]
Bitcoin price update for September 29, 2026
As of 2:45 p.m. Eastern Time today, Bitcoin (1 BTC) is priced at $83,607.21. This marks an increase of $538.46 from yesterday, but is about $30,771.60 down from its value a year ago. Bitcoin price % Change Price of Bitcoin yesterday $83,068.75 +0.65% Price of Bitcoin 1 month ago $78,232.91 +6.87% Price of Bitcoin 1 […]
Developers Lower Quantum-Safe Bitcoin Transaction Cost to Under $70
Insider Brief Recent developments in an open optimization challenge have significantly decreased the GPU cost of creating a quantum-safe Bitcoin transaction, dropping from approximately $320 to about $67 in just a week based on current benchmarking data. The top submissions have boosted transaction-pinning throughput on an RTX 4090 from around 146 million to over 820 […]