Bitcoin (BTC) Miners BITF, CIFR, IREN, MARA Lead Crypto Stock Rebound on OpenAI Deal

Crypto mining stocks tied to the red-hot artificial intelligence (AI) data center trade were the fastest horses on Monday to recover from Friday’s market rout. Bitfarms (BITF) and Cipher Mining (CIFR) surged 26% and 20% respectively on Monday, while Bitdeer (BTDR), IREN (IREN) and MARA Holdings (MARA) advanced around 10%. The rally reflects optimism that…

California AI law, Exchanges data issues, crypto ETFs delay

Today in crypto, California enacted a new law setting guardrails on AI chatbots. Meanwhile, Hyperliquid CEO Jeff Yan and data firm CoinGlass warned that centralized exchanges may be underreporting liquidations. The US government entered its third week of shutdown, leaving decisions on 16 crypto ETFs in limbo. California governor signs laws establishing safeguards over AI…

Bitcoin Rally To $125K Challenged By Weak Jobs Data, Traders’ Fear

Key takeaways: Bitcoin’s resilience after Friday’s $19 billion flash crash shows long-term demand remains strong despite short-term risk aversion. Derivatives traders remain cautious, with arbitrage opportunities and negative funding rates signaling heightened counterparty risk. Bitcoin (BTC) reclaimed the $114,000 mark less than 48 hours after Friday’s flash crash, which wiped out $15 billion from BTC…

A Government-Backed Crypto Fund Just Bought Its First Asset — Not Bitcoin

Kazakhstan launches state-backed fund Kazakhstan has launched the Alem Crypto Fund, a state-backed initiative aimed at building long-term digital asset reserves. Managed by Qazaqstan Venture Group and operating under the AIFC, the fund marks a significant step in the country’s regulated adoption of blockchain-based investments. Surprisingly, the fund’s inaugural purchase was not Bitcoin (BTC) but…

SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE Price Predictions

Key points: Bitcoin and several altcoins have bounced off their Friday lows, but higher levels are likely to attract solid resistance from the bears. BTC price and select altcoins could see rangebound action for a few days. The US stock markets, Bitcoin (BTC) and altcoins are trying to claw their way back up from the…

Nobel Peace Prize Bets on Polymarket Under Scrutiny: Report

Norwegian officials have reportedly launched an investigation into prediction platforms’ bets on 2025 Nobel Peace Prize winner María Corina Machado as potential espionage. According to a Bloomberg report on Monday, the Norwegian Nobel Institute, the entity that assists the Nobel Committee in selecting the peace prize recipient, began investigating reports that bets on the prediction…

XRP Rises to $2.60, Paring Most Losses From Flash Crash: Is the Worst Over?

Key takeaways: XRP rebounded 66% from $2.58 lows, adding $75 billion to its market cap amid a 35% volume surge and strong long positions. Oversold weekly Stoch RSI signals a potential bullish reversal. The XRP price must overcome resistance at $2.70-$2.96 before the next leg up. XRP (XRP) dipped below the $2 mark on Friday,…

SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, ADA, HYPE Price Predictions

Key points: Bitcoin and several altcoins have bounced off their Friday lows, but higher levels are likely to attract solid resistance from the bears. BTC price and select altcoins could see rangebound action for a few days. The US stock markets, Bitcoin (BTC) and altcoins are trying to claw their way back up from the…

Bitcoin Whale Sees a Fresh BTC Price Dip With a 3500 BTC Short

Key points: Bitcoin chops around $114,000 as a whale expects more BTC price losses next. Price pressures short-term holders, who have their cost basis just below the $114,000 mark. Key moving averages are in view as support bases. Bitcoin (BTC) struggled to hold its rebound at Monday’s Wall Street open as a controversial whale added…

BitMine (BMNR) Buys ETH Dip, Holdings Cross 3M Tokens

The largest ether ETH$4,109.67 treasury company BitMine Technologies (BMNR) bought last week’s dip in crypto prices, adding 202,037 tokens, $828 million at current prices, to its holdings, the firm reported on Monday. “The crypto liquidation over the past few days created a price decline in ETH, which BitMine took advantage of,” BitMine chairman Thomas Lee…