Bitcoin tagged $89,500 as US CPI data revealed sudden multiyear lows in inflation, but liquidations stayed high as the BTC price spiked. Bitcoin (BTC) ramped up volatility into Thursday’s Wall Street open as markets reacted to surprise US inflation data. Key points: Bitcoin traders weather more snap BTC price volatility as CPI surprises to the downside. Read more
Tether CEO Paolo Ardoino says an AI-driven bubble could shake Bitcoin, and shares his outlook on Europe, DATs and tokenization in 2026. Paolo Ardoino, CEO of Tether, the issuer of the world’s largest stablecoin, has raised concerns about how a potential AI bubble could affect Bitcoin by 2026. Ardoino shared his outlook on Bitcoin (BTC) and the broader crypto industry on Thursday during the Bitcoin Capital podcast, co-hosted by Bitfinex Securities and Blockstream. The executive said he sees Bitcoin “still too much correlated” to capital markets, thus potentially being impacted by the AI bubble, or a theorized stock market bubble growing amid the current AI boom. Read more
The likelihood of a Bitcoin correction to $70,000 has increased, but one analyst said the price drop would confirm a macroeconomic reset, rather than the start of a new bear market. Bitcoin’s (BTC) recent price weakness has revived investors’ concerns of a deeper downturn, but several market analysts argue that an extended correction may be more constructive over the longer term. Key takeaways: Analysts say Bitcoin’s downside risk is centered about $65,000 to $75,000. Read more
Bitcoin took out liquidity at the Wall Street open as a move above $90,000 was followed by a snap retracement, liquidating late long and short entries. Bitcoin (BTC) returned to $90,000 after Wednesday’s Wall Street open as traders eyed vulnerable short positions. Key points: Bitcoin erases recent losses with a fresh trip to the $90,000 mark. Read more
The 15-year agreement anchors Hut 8’s shift toward long-duration AI infrastructure revenue as hyperscalers seek power-first compute capacity. Bitcoin mining company Hut 8 signed a 15-year, $7 billion lease to deliver 245 megawatts of artificial intelligence data center capacity at its River Bend campus in Louisiana, marking one of the biggest infrastructure agreements between a crypto-native company and hyperscale AI demand. Hut 8 announced on Wednesday that infrastructure provider Fluidstack will lease the capacity, while Google will provide a financial backstop covering lease payments and related obligations over the 15-year base term. This means that Google will cover the payments if Fluidstack is unable to pay the costs. “River Bend reflects the strength of Hut 8’s power-first, innovation-driven development model, validated by the world-class counterparties we are executing alongside,” said Hut 8 CEO Asher Genoot, adding that the agreement was a result of disciplined and patient execution. Read more
A whale moved 4,000 Bitcoin to Binance, sparking fresh fears of a deeper BTC price drop if the $81,500 support level is lost. Bitcoin’s (BTC) market is at a “crucial moment” after breaking key long-term support levels, coinciding with large BTC transfers from a digital asset treasury company to a major exchange. Key takeaways: Bitcoin risks plunging into a bear market if it breaks below the True Market Mean at $81,500. Read more
Bitcoin buying power from institutions flipped the daily mined BTC supply for the first time since the start of November, new data showed. Bitcoin (BTC) institutional demand is finally outpacing new supply as the market hits a key pivot point. Key points: Bitcoin institutional demand is now 13% higher than the amount of newly mined BTC on a rolling daily basis. Read more
The company has 180 days to regain compliance with Nasdaq’s minimum bid price requirement after its shares traded below $1 for 30 consecutive business days. Bitcoin treasury company Kindly MD has received a Nasdaq notice after its shares traded below the exchange’s $1 minimum bid price for 30 consecutive business days, starting a six-month window to regain compliance or risk being delisted. The notice, which was issued Wednesday, does not immediately affect trading, but gives the company until June 8, 2026, to lift its share price above $1 for at least 10 consecutive trading days, according to a regulatory filing from the Securities and Exchange Commission (SEC). If the company fails to regain compliance within the initial 180-day period, it may seek an additional extension by transferring its listing to the Nasdaq Capital Market, subject to meeting other listing requirements, the according to the filing. Nasdaq could ultimately delist the shares if the company fails to satisfy the bid price rule or pursue av...