Bitcoin Updates: As Cryptocurrency Faces Challenges, Miners Turn to AI for Adaptation
- Bitcoin fell to $98,000 amid surging futures liquidations, with long-term holders offloading 815,000 BTC as key support levels face breakdown risks. - Miners like Bitfarms pivot to AI infrastructure amid shrinking crypto profits, reflecting industry-wide strategic shifts toward stable revenue streams. - U.S. miners struggle with 36-40% hashrate share despite crypto-friendly policies, relying on state-level energy initiatives rather than federal support. - Market analysis highlights $98,000 liquidity clus
Last week, Bitcoin’s value fell to $98,000 as a surge in futures liquidations heightened fears among bullish investors about a possible drop beneath crucial support zones. This downturn came after Bitcoin failed to reclaim the $100,000 mark, with long-term holders selling more than 815,000 BTC over the past month,
The latest wave of selling has exposed underlying vulnerabilities in Bitcoin’s market structure.
At the same time, the broader
Political factors are adding further complexity. Although the Trump administration promoted a crypto-friendly climate for adoption and institutional investment,
The ongoing liquidation pressure and structural concerns have fueled discussions about a possible rebound. Futures trader Byzantine General
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
COAI Token Fraud Unveiled and Its Impact on DeFi Safety: Evaluating Regulatory Preparedness and Shortcomings in Investor Safeguards within Developing Cryptocurrency Markets
- COAI token's 2025 collapse exposed DeFi vulnerabilities in emerging markets due to governance failures and regulatory ambiguity. - CLARITY Act's vague AI token definitions and U.S. regulators' conflicting classifications (securities vs. commodities) worsened market uncertainty. - Southeast Asia's crypto scams, including She Zhijiang's Myanmar operation, exploit weak governance and jurisdictional loopholes to defraud $10B annually. - IRS DeFi rules face legal challenges over privacy concerns, while platfo

UK Faces Stablecoin Challenge: Balancing Innovation and Financial Security
- UK faces pressure to launch GBP stablecoin to compete globally, urged by ClearBank CEO Mark Fairless at Web Summit 2025. - BOE proposes 40% central bank deposit reserves for GBP stablecoins, with £20k/£10m user/business limits to mitigate systemic risks. - Critics argue 40% unremunerated reserves could stifle innovation, putting UK issuers at disadvantage compared to US/EU frameworks. - Regulatory balancing act emerges as UK aims to position itself as crypto innovation hub while maintaining financial sta
Morpho Surges to Record Profits but Faces a Sudden Downturn
In Brief Morpho ecosystem reached $370,000 in curator fees despite liquidity constraints. Steakhouse Financial led with $115,000 revenue, MEV Capital ranked third last week. MEV Capital experienced first recorded loss over $65,000 due to market changes.

Crypto and Technology Industries Undergo Transformation Amidst Evolving Laws, Regulations, and Leadership Changes Reshaping Industry Norms
- Coinbase faces legal and strategic challenges, including a $1B insider trading lawsuit and a Delaware-to-Texas "DExit" migration to reduce tax burdens. - Bermuda positions itself as a crypto regulatory leader by licensing DerivaDEX, a DAO-governed derivatives exchange with institutional-grade security and sub-5ms trade speeds. - C3.ai's founder-CEO Thomas Siebel resigns unexpectedly, creating leadership uncertainty and prompting speculation about a potential sale amid competitive AI market pressures. - T
