As part of the fundraising, Genesis is becoming part of a much bigger bet on selling computing power rather than mining $BTC. …
Bitcoin
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Mining
Bitcoin Mining Revenue Hits 11-Month High Despite Brutal Hashprice Decline
by shayaanby shayaanKey Takeaways Bitcoin miners face mounting pressure as market conditions deteriorate. October’s mining figures reveal an unexpected financial contradiction. November could expose …
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In brief U.S. spot Bitcoin ETFs shed $643.2 million on Friday, their biggest outflow of October, in the first session after Thursday’s …
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The crypto industry it spawned has gone further still. Over the past nine years reporting on this sector, I’ve seen various trends …
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Markets
Strategy Reports 848,517 Bitcoin as Q3 Gains Put Cash Coverage in Focus
by shayaanby shayaanTL;DR: Strategy reported 848,517 BTC as of October 25 and large third-quarter digital-asset gains. Cash coverage and financing obligations remain central to …
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Markets
Binance opens crypto withdrawals in phases starting with bitcoin following $6.3 billion hack
by shayaanby shayaanBinance reopens customer withdrawals following a record $6.3 billion exploit. Bitcoin leads the first phase. www.coindesk.com
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Web3
Next Technology Holding Inc. Announces Board Authorization to Sell or Pledge of Bitcoin Holdings to Reduce Bitcoin Exposure and Enhance Liquidity
by shayaanby shayaanCHEYENNE, WY, Oct. 30, 2026 (GLOBE NEWSWIRE) — Next Tech ology Holdi g I c. (NASDAQ: NXTT) (the “Compa y”), a tech …
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In brief Bitcoin dipped to about $76,400 on Friday, roughly 6% below its post-Fed level, after Binance’s record $6.4 billion hack, versus …
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Finance
Bitcoin fell after the Fed’s pause, but blaming interest rates misses the Binance shock
by shayaanby shayaanFed projections moved from a rate cut to another increase Selected FOMC meetings, October 2025–October 2026. Policy bars show the midpoint of …
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Trading value rose to $2.11 billion across the funds, while net assets closed at $104.27 billion. Four days of inflows worth $440M …