$87,472.50#Bitcoin #BTC $BTC $USD ...

Pi Network CiDI games. Photo by BeInCrypto Pi Coin has faced sustained selling pressure over recent weeks, pushing its price to a multi-week low. The altcoin has declined sharply alongside broader market weakness, with Bitcoin acting as a key drag.  Waning investor support and rising withdrawals have intensified downside pressure, limiting any meaningful recovery attempts. Pi Coin Follows Bitcoin On-chain indicators reflect deteriorating sentiment among Pi Coin holders. The Chaikin Money Flow shows hea ...

Core Insights - The price of bitcoin (BTC) surged over 2.8% to exceed $90,000, leading to a rally in crypto-linked companies [1] - Mining stocks, trading platforms, and cryptocurrency infrastructure firms experienced significant gains due to the price increase [2] Group 1: Company Performance - Bitcoin miner Hut 8 (HUT) saw a notable increase of 14.4% to $42, while CleanSpark (CLSK) rose 5.1% to over $12, and Riot Platform (RIOT) increased by 3.5% to nearly $14 [2] - Hut 8's surge was further fueled by a 15-year, $7 billion lease agreement with AI infrastructure firm Fluidstack, which contributed to a 20% rise in early trading [3] - Coinbase (COIN), the largest publicly traded crypto exchange in the U.S., gained 2.27% to $258, benefiting from increased trading volume during volatile market conditions [5] Group 2: Market Trends - The broader crypto market is showing renewed momentum after a period of consolidation, with several cryptocurrencies, including ether and XRP, also experiencing price increases [6][7] - Bitcoin treasury firm Strategy (MSTR), holding 671,268 BTC valued at $60.3 billion, rose 1.6% to $170 [6] Group 3: Market Catalysts - Potential catalysts for the rally include speculation around Fed Governor Chris Waller as a frontrunner to succeed Jerome Powell, with his dovish comments influencing market sentiment [4] - Despite the perceived dovish outlook, prediction markets indicate a 77% probability of no rate cut next month, suggesting mixed expectations regarding future Federal Reserve policy [5]

Crypto prices experienced a rare spike higher just after U.S. stocks opened for trade on Wednesday, taking bitcoin (BTC) back above the $90,000 level for the first time since last weekend. Among possible bullish catalysts were continued big gains in metals prices, with silver ahead about 5% to a new record above $66 per ounce. Gold and copper were also each higher by more than 1%. Now leading in prediction markets to be the next chairman of the Federal Reserve, current Fed Governor Chris Waller was on t ...

🚨 🚨 🚨 🚨 🚨 1,204 #BTC (108,490,678 USD) transferred from #Coinbase to unknown wallethttps://t.co/YcHRizfPVT ...

🚨 🚨 🚨 594 #BTC (53,601,135 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/twKcyylLti ...

🔥 LATEST: Nasdaq-listed CIMG bought 230 $BTC for $24.6M, lifting total holdings to 730 $BTC, calling the market a strategic entry point. https://t.co/rQnNw8ru4L ...

🚨 🚨 🚨 594 #BTC (53,265,562 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/NFkHEAqNea ...

Core Insights - Robinhood is transforming from a commission-free stock trading platform to a significant player in the crypto industry, focusing on blockchain development and tokenized assets [1][2]. Group 1: Company Developments - Robinhood has completed a $200 million acquisition of Bitstamp, enhancing its capabilities in the crypto space with over 50 global licenses and facilitating institutional trading [2]. - The company has launched staking services for ether and solana, introduced perpetual futures in the EU, and expanded its token offerings for U.S. users, including XRP, SOL, and BNB [3]. - Robinhood is developing its own layer 2 blockchain, named Robinhood Chain, aimed at enabling tokenized asset trading with reduced fees and quicker settlement times [3]. Group 2: Industry Perspective - CEO Vlad Tenev believes in the future of the crypto sector, comparing its growth to an unstoppable freight train and asserting that "tokenization is going to eat the entire financial system" [4]. - As Robinhood enhances its crypto ecosystem presence, it is also expanding its prediction markets offerings [4].

🚨 🚨 🚨 595 #BTC (52,030,006 USD) transferred from Coinbase Institutional to unknown wallethttps://t.co/qVHfo1nai7 ...