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Bitcoin Flat Near $63,400 After Mild US Inflation Drop

Bitcoin stabilized near $63,400 on Wednesday following a volatile intra-day move between $63,317 and $64,400, leaving its market cap unchanged at $1.27 trillion. Bitcoin Trades Flat Following Volatile Intra-Day Swing After declining for two consecutive days, bitcoin was largely flat Wednesday as the sell-off sparked by Strategy’s latest bitcoin sale appeared to have run its […]

source https://news.bitcoin.com/market-updates/bitcoin-flat-near-63400-after-mild-us-inflation-drop/

Blackrock’s $50.2M Inflow Offsets Selling as Bitcoin ETFs Turn Green

U.S. spot bitcoin ETFs posted a modest $4.89 million net inflow on Tuesday, helped by a $50.20 million addition to Blackrock’s IBIT. Ether funds remained slightly negative, while solana ETFs attracted fresh capital. Bitcoin ETFs Add $4.89M Despite Outflows for 5 Funds A single fund carried the bitcoin exchange-traded fund (ETF) market across the finish […]

source https://news.bitcoin.com/bitcoin-etf/blackrocks-50-2m-inflow-offsets-selling-as-bitcoin-etfs-turn-green/

Tether’s USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools

Tether’s USDT supply has declined by about $4 billion on a 60-day rolling basis, according to Cryptoquant data. Analysts say the drop may reflect investors moving back into fiat, weaker speculative demand, and changing incentives across the stablecoin market. Tether Sheds $870M in 11 Days as Stablecoin Demand Weakens Tether’s USDT supply is shrinking after […]

source https://news.bitcoin.com/crypto-news/tethers-usdt-supply-shrinks-by-4b-in-60-days-as-crypto-demand-cools/

Gold Hits 2-Month High Above $4,400 as China Keeps Hoarding

Gold muscled back above $4,400 an ounce this week, hitting its highest level in roughly two months as a brutal U.S. jobs print, relentless Chinese central bank buying, and suddenly softer Federal Reserve expectations sent traders scrambling back into bullion. The metal ran as high as roughly $4,434 to $4,435 before sellers finally stepped in. […]

source https://news.bitcoin.com/finance/gold-hits-2-month-high-above-4400-as-china-keeps-hoarding/

Coinbase Builds Abu Dhabi Hub to Put Global Stocks Onchain

Coinbase has secured regulatory approval in Abu Dhabi to build an international hub for tokenized securities, giving the crypto exchange a supervised base for bringing traditional stocks onto blockchain networks outside the United States. The Financial Services Regulatory Authority of Abu Dhabi Global Market, or ADGM, granted Coinbase a Financial Services Permission allowing it to […]

source https://news.bitcoin.com/crypto-news/coinbase-builds-abu-dhabi-hub-to-put-global-stocks-onchain/

Anthropic Emerges as ‘Frontier AI Lab’ Behind Riot’s $9.1B AI Deal

Anthropic has agreed to take 191 megawatts of computing capacity at Riot Platforms’ Rockdale campus in Texas. The 20-year agreement could ultimately be worth $16.1 billion, accelerating Riot’s transformation from bitcoin miner to AI infrastructure provider. Riot Converts Texas Bitcoin Power Into $9.1B AI Revenue Anthropic is turning to a former pure-play bitcoin miner for […]

source https://news.bitcoin.com/crypto-news/anthropic-emerges-as-frontier-ai-lab-behind-riots-9-1b-ai-deal/