Crypto News

- Solo Bitcoin Miner Beats the Odds, Scores $210K Block Reward A solo Bitcoin miner operating with minimal computing power validated block 943,411 and earned 3.139 BTC on April 2. The reward, worth approximately $210,000 at current prices, included both the standard block subsidy and transaction fees. The miner was running roughly 230 Terahash/s per second of computing power, representing about 0.00002% of Bitcoin's total estimated hashrate of around 1 Zhash/s. Bitcoin mining involves racing to solve cryptographic puzzles using computational power to secure block rewards. Once the preserve of individuals mining on CPUs, an "arms race" in computing power has seen miners switch first to GPUs and latterly to specialized ASIC mining...

- Bitcoin Topped $70,000 Today. More Wall Street Firms Are Building Up Crypto Services Bitcoin is getting a boost as investors look to Washington for signs of an end to the war in Iran. The price of the world's largest cryptocurrency briefly rose above $70,000 early Monday before paring some of those gains as risk assets, including U.S. stocks, climbed on the potential for a ceasefire. A senior White House official said the proposal was part of ongoing discussions, but that President Donald Trump had not signed off on the idea, according to NBC News. Trump is expected to hold a news conference later this afternoon. Crypto-linked stocks, including Coinbase (COIN), Circle (CRCL), Strategy (MSTR), and Robinhood (HOOD), also rose...

- 'A Hurricane Coming': Bitcoin Could Fall to $10K This Year, Says Bloomberg Analyst It wouldn’t be surprising if Bitcoin’s price plunged to $10,000 following its meteoric rise amid the pandemic-era crypto boom, Bloomberg Intelligence Senior Commodities Strategist Mike McGlone reiterated on Sunday. In a LinkedIn post, McGlone posited that “the biggest money pump in history may be unwinding,” with the digital asset poised to fall to what would be its lowest price since July 2020—a milestone that Bitcoin crossed approximately 69 months ago. With Bitcoin changing hands around $70,000 on Monday, the digital asset’s price would need to plummet more than 85% to reach $10,000, according to CoinGecko. If Bitcoin were valued at that price...

- How to recover a crypto wallet: A user's guide Your crypto wallet holds the keys that control your digital assets on a blockchain. But what happens when you lose access to your wallet, and how can you recover a crypto wallet? The answer depends on the situation, and we’ll cover several scenarios in this guide. The good news is that your funds are still held on the blockchain. Your wallet is just a tool that lets you interact with those funds. When you recover a wallet, you're proving that you have the right to control those funds again. If you've forgotten a password, deleted a wallet app, or lost a hardware wallet device, recovery is often easier than you might think. You can be back in action in minutes. However, this assumes...

- Strategy and Bitmine Jump 6% as Crypto Treasury Plays Catch Fire Strategy (NASDAQ:MSTR) stock and Bitmine Immersion Technologies (NYSE:BMNR) shares are both surging 6% Monday morning. The catalyst is a broad crypto market rebound, with Bitcoin (CRYPTO:BTC) rising 3% in 24 hours to nearly $70,000. Both companies hold significant crypto assets on their balance sheets, making their equity prices highly correlated with digital asset prices. When Bitcoin moves, Strategy and its Ethereum (CRYPTO:BTC) focused peer (Bitmine) tend to follow, often with amplified swings in either direction. The bounce is a welcome relief for investors who have endured a rough stretch. Strategy shares were down 21.14% year-to-date heading into today, while...

- Bitcoin (CRYPTO: BTC) has always been touted as a digital gold you buy and hold—and will go up if you're patient enough. That narrative convinced public companies to load their balance sheets with BTC through 2024 and 2025, raising billions and telling shareholders Bitcoin was the smartest place to put corporate cash. Now that the Bitcoin price has dropped 47% from its October 2025 high, those same companies are selling off their holdings. MARA dumped 15,133 BTC to retire $1 billion in debt, Bitdeer sold its entire treasury down to zero, while Bitfarms told investors it's no longer a Bitcoin company. Genius Group also liquidated its last 84 BTC to repay a court-ordered debt, and Strategy, which is the biggest BTC believer, has...

- Michael Saylor's Strategy Buys $330 Million Worth of Bitcoin, Stock Rises Michael Saylor's bitcoin-buying company, Strategy (MSTR), recorded a $14.5 billion unrealized loss in the first quarter as the decline in bitcoin's price erased value from the firm's holdings, the company said in a securities filing on Monday. Still, shares rose by roughly 6% through early trading on Monday while bitcoin (BTC-USD) gained 4% to trade above $69,500 per coin. In the company's latest buying spree, also disclosed on Monday, Strategy bought roughly $330 million worth of bitcoin between April 1 and April 5, further cementing its position as the largest corporate holder of the cryptocurrency. Since the beginning of the year, bitcoin has lost...

- Bitcoin jumps 4% to hover near $70,000 on hopes of ceasefire deal Bitcoin (BTC-USD) jumped 4% on Monday, rising to close to $70,000 as the broader markets rose on growing hopes of a Middle East ceasefire. Renewed threats from President Trump over the weekend aimed at reopening the Strait of Hormuz, a critical oil shipping route, heightened market expectations for negotiations. Ether (ETH-USD) and Solana (SOL-USD) were also up over the past 24 hours after Axios reported that US and Iranian mediators are discussing terms for a potential 45-day ceasefire. Bitcoin has traded in a range of around $65,000 to $73,000 over the past five weeks. "A ceasefire deal is the most likely catalyst to break it," Nexo Dispatch analyst Dessislava...

- Strategy Posts $14.5 Billion Unrealized Loss in First Quarter Bitcoin accumulator Strategy Inc. (MSTR) registered a roughly $14.5 billion unrealized loss in the first quarter as the value of the Michael Saylor-led company’s cryptocurrency holdings fell. Bitcoin (BTC-USD) tumbled more than 20% in the three months, the largest first-quarter drop for the notoriously volatile digital asset since 2018. Strategy held more than $50 billion of cryptocurrency at quarter-end. The company adopted accounting standards last year that require changes in the fair value of its Bitcoin holdings to flow through earnings, driving multibillion-dollar swings in results. Strategy, formerly known as MicroStrategy, also said it bought 4,871 Bitcoin...

- Solo Bitcoin Miner Hits $210,000 Jackpot With Once-in-a-Lifetime Win Per Bitcoin Archive, a solo Bitcoin miner successfully earned a 3.139 BTC block reward worth an estimated $210,000. The Bitcoin block was first found on Thursday, April 2nd by a miner with about 250 TH/s of hash power online, about the size of 1-2 modern Bitcoin mining units, making the feat statistically unlikely. In fact, Bitcoin Archive argues the miner could only win “once every 76 years” based on the odds. The miner was operating on Ck Pool, a common Bitcoin mining pool for mining enthusiasts mining with small, at home setups. This article has been published in Yahoo.com via Yahoo News...

- Analyst Doubles Down On Bitcoin Falling To $10,000 Bitcoin (CRYPTO: $BTC) remains at risk of falling to $10,000 U.S. unless its price reclaims the key support level of $75,000 U.S. in the near-term, says a well-known crypto analyst. Mike McGlone, senior commodity strategist for Bloomberg Intelligence, is doubling down on his forecast that Bitcoin could crash to $10,000 U.S. unless it can climb back above $75,000 U.S. BTC has made several runs at $75,000 U.S. in recent months but failed to remain above that level and fallen backwards each time. Bitcoin is currently trading at $69,500 U.S. In a new report, McGlone asserts that if Bitcoin cannot decisively reclaim $75,000 U.S., the path of least resistance is sharply lower for the...

- Strategy said on Monday that it bought 4,871 BTC for $330 million last week, growing its Bitcoin treasury using proceeds that primarily came from its flagship preferred share. The Tysons Corner, Virginia-based firm announced that it now owns nearly 767,000 Bitcoin, a sum valued around $53.3 billion. The company added Bitcoin to its industry-leading treasury at $67,700 apiece—below where the digital asset stood on Monday. The company’s latest acquisition was made with proceeds that overwhelmingly came from Strategy’s variable-rate preferred share, STRC. The Bitcoin-buying firm issued $227 million worth of the dividend-paying product compared to the $72 million worth of common shares last week. The Bitcoin-buying firm didn’t...

- Bitcoin and Ethereum Price Today, Monday, April 6, 2026: Prices Rise Amid Reports of a Proposed Iran War Ceasefire Bitcoin (BTC-USD) opened at $68,978.91 on Monday, 2.5% higher than Sunday’s opening price of $67,291.20. The value of bitcoin as of 7:15 a.m. ET had risen to $69,668.88. Ethereum (ETH-USD) opened at $2,108.78 on Monday, 2.1% higher than Sunday’s opening price of $2,065.37. Ethereum also rose, hitting $2,149.29 by 7:15 a.m. ET. Bitcoin and ethereum showed strength on Monday morning after news outlets reported that Iran and the U.S. have received a ceasefire proposal from mediators. The proposal reportedly involves a 45-day pause to the fighting and the reopening of the Strait of Hormuz. Although neither side has yet...

- Peter Schiff Has Claimed Bitcoin Has Died Over 21 Times — Why Is He Doing It Again Now? Key Takeaways Longtime Bitcoin critic Peter Schiff has once again taken aim at Bitcoin, reigniting a debate with industry advocates after questioning its long-term performance relative to traditional assets. The renewed criticism adds another point to Schiff’s lead as one of Bitcoin’s most consistent critics, topping the chart for the most “Bitcoin is dead” calls by a massive margin. Schiff Renews Criticism of Bitcoin’s Performance In a post on X, Schiff argued that Bitcoin has failed to live up to its reputation as a superior long-term investment, focusing on comparative returns over the past half-decade. He added: “If the appeal of Bitcoin...

- Schwab’s Bitcoin and Ethereum Waitlist Signals Next Step Beyond ETFs Key Takeaways Charles Schwab has opened a waitlist for direct Bitcoin and Ethereum trading, giving clients a new path toward buying the two largest cryptocurrencies through a forthcoming Schwab Crypto account. On its cryptocurrency page, the firm says Schwab Crypto is “coming soon” and invites users to sign up for updates and an opportunity to gain early access. Eligible clients will be able to buy and sell Bitcoin and Ethereum through Charles Schwab Premier Bank, SSB. Expansion The signup page adds a new layer to Schwab’s crypto strategy. The brokerage already offers spot Bitcoin and Ether exchange-traded products on Schwab.com, alongside other crypto-related...

- Bitcoin Hits Weekly High Over $69K on US-Iran Ceasefire Hopes as Oil Slides Bitcoin and broader financial markets climbed in early Asian and London trading Monday after reports emerged of potential ceasefire talks between the U.S. and Iran. The leading crypto hit a weekly high of $69,350 Monday morning, and is currently trading at $69,245, up 3.5% on the day according to CoinGecko data. Oil dropped 1.4% from Friday's close, while the Nikkei gained 0.85% and S&P 500 futures rose 0.64%. Safe-haven gold, on the other hand, hovered near breakeven. The moves come on the heels of a Reuters report that the U.S., Iran, and a group of regional mediators are discussing a potential 45-day ceasefire that could lead to a permanent end to the...

- Bitcoin Ticks Up Even as Trump’s Iran War Threats Cloud Markets Bitcoin rose in early Asia trading Monday while investors grappled with fresh threats from President Donald Trump about attacking Iranian infrastructure. The original cryptocurrency was up as much as 2.8%, trading around $69,200 at 10:45 a.m. in Singapore. Ether, the second-largest digital asset, rose as much as 3.7%. S&P 500 futures were up 0.4%. “Crypto markets had been weak over the extended weekend and oil had also risen quite strongly,” said Richard Galvin, co-founder of hedge fund DACM. “There was a rally in S&P 500 futures early today, and then as the opening of traditional S&P 500 futures was relatively muted, the markets rebounded somewhat.” Trump on Sunday...

- Bank of Canada Finds Aave DeFi Lending Technically Feasible A new Bank of Canada report detailed several risks into Aave V3. Researchers outlined recursive leverage and liquidation concerns as key considerations for the world's largest DeFi lending protocol. Despite its operational success, the study found that margin trading accounted for roughly 20% of total borrowing volume, largely driven by a concentrated, small cohort of users, which represents just 2% of the platform. These large investors borrow bigger amounts and trade more frequently than retail users, leaving them getting liquidated at twice the rate relative to regular users. Furthermore, only four tokens (WETH, wstETH, WBTC, and weETH) accounted for 90% of liquidated...

- Bitcoin (CRYPTO: BTC) is down by 45% in six months. That kind of volatile swing is probably quite jarring for anyone who recently invested in it for the first time, but overall, it's a completely normal chapter in the asset's history. With that being said, before you commit real dollars to buying this coin, there are a few things worth understanding about what you're actually signing up for, so let's dive in. 1. There's no such thing as a guaranteed return Bitcoin has a reputation for making many millionaires. Nonetheless, as much as you might wish for it, nobody can guarantee that Bitcoin is going to gain in value over any period. Bitcoin's annualized volatility clocked in at about 42% in 2025, and that's actually lower than it...

- When President Donald Trump took office, it seemed as if cryptocurrency — specifically bitcoin — could gain increased legitimacy and market stability. The GENIUS Act was introduced with the goal of making the United States the “crypto capital of the world,” according to a White House fact sheet. But one year into the president’s second term, many experts advise against investing in bitcoin. The Trump family’s involvement in cryptocurrency with an eye on personal gains, including the World Liberty Financial venture, may muddy the waters. “[D]igital assets are perhaps the most obvious place to look for conflicts of interest that could infect the larger economy,” according to an opinion piece by Rana Foroohar on the Financial Times...