Key points to remember: A U.S. government shutdown resolution could trigger a short squeeze, but traders remain skeptical that it alone can support Bitcoin’s move beyond $112,000. Investor caution is growing as AI valuations and weak consumer earnings weigh on risk appetite, limiting conviction in Bitcoin’s rally potential. Bitcoin (BTC) recovered to the $106,000 level … Read more
Payment processor Square has launched its Bitcoin payments feature for sellers, allowing them to sign up and accept Bitcoin (BTC) at checkout through its point-of-sale system. Jack Dorsey, co-founder of Block, which owns Square, said in an X article on Monday that with the new feature, merchants using Square can receive Bitcoin to Bitcoin, Bitcoin … Read more
US-based Bitcoin mining company TeraWulf nearly doubled its revenue in the third quarter of this year thanks to Bitcoin price growth, as well as an expansion in mining capacity and new revenue from its AI business. Third-quarter revenue increased 87% year-over-year to $50.6 million, with “digital asset revenue” accounting for $43.4 million, according to TeraWulf’s … Read more
Bitcoin OG Willy Woo suggested a way to protect your Bitcoin until there is a solution to the Bitcoin quantum threat: keep your Bitcoin in a SegWit wallet for about seven years. Quantum computing is a long-feared (and debated) inflection point for the crypto industry. It has been theorized that computers capable of breaking encryption … Read more