BTC price hits a wall at $75,000 while onchain energy markets run hot: Crypto Daybook Americas

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Crypto News

By Omkar Godbole (All times ET unless indicated otherwise) While bitcoin’s BTC$74,158.35 price rise since the Iran conflict began more than two weeks ago is impressive, the performance of Hyperliquid is even more notable. Users of the decentralized perpetuals exchange have traded millions in commodity futures, particularly those tied to oil, highlighting the utility of […]

U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%

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Crypto News

U.S. spot bitcoin exchange-traded funds (ETFs) posted their largest one-day inflows since Nov. 11 on Wednesday, coinciding with a volatile crypto market during which bitcoin BTC$87,214.89 rallied to nearly $90,000 before reversing and falling below $86,000. In total, the funds recorded net inflows of $457.3 million, most of which — $391.5 million — went into […]

‘Crypto Week’ Hits a Roadblock as Freedom Caucus Objects on Procedural Votes

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Crypto News

The House of Representatives is done for the day and won’t be voting on a procedural motion to advance a trio of crypto bills, according to the website tied to House Majority Whip Tom Emmer. As it sped into Crypto Week on Tuesday, the U.S. House’s process toward passing digital assets bills ground to a […]

BitFuFu Hits 36.2 EH/s Hashrate, 728 MW Capacity in June

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Crypto News

Bitcoin miner BitFuFu (FUFU) produced 445 bitcoin in the month of June — an 11.3% jump from May — while expanding its infrastructure across five continents. The Singapore-based miner’s total hashrate under management rose to 36.2 exahashes per second (EH/s), up 6.2% month over month. This includes 3.8 EH/s from BitFuFu’s own operations and 32.4 […]