Bitcoin News page 18

Fresh sanctions rhetoric out of Washington leaves crypto markets largely steady, with Bitcoin defending a key price level. President Donald Trump has announced what he called an unprecedented economic warfare campaign against Iran, according to reporting from CoinGape and Daily Sabah Business.

A sharp, market-wide rebound lifted the two largest cryptocurrencies together, with ether outpacing bitcoin's gains. Crypto markets staged a sharp rebound, with ether climbing 18% to reach roughly $2,250. Bitcoin rose alongside it, gaining 8% and pushing past the $69,000 level.

The former bitcoin miner touts early progress on AI capacity, yet analysts remain split on how it will fund the buildout. Core Scientific has reported 440 megawatts of AI computing capacity, ahead of its own internal timeline. The company disclosed the figure alongside details of a contract backlog now valued at roughly $24 billion.

CryptoBriefing and Coindoo both cite CoinGlass for the same short-squeeze liquidation event but report different totals for liquidations, short liquidations, traders affected, and Bitcoin's share. CryptoBriefing and Coindoo both cite CoinGlass for the same short-squeeze liquidation event but report different totals for liquidations, short liquidations, traders affected, and Bitcoin's share.

The inflow figure, reported by CryptoBriefing, points to renewed investor interest after weeks of volatility. Spot Bitcoin ETFs recorded $517 million in net inflows during a single trading session, CryptoBriefing reported. The figure marks one of the larger single-day totals for the product category since its launch.

Bitcoin.com News reports a White House meeting with top digital asset executives as officials consider adding bitcoin to federal reserves President Donald Trump hosted a group of top cryptocurrency company chief executives at the White House, Bitcoin.com News reported.

Four to six publishers agree Bitcoin cleared $70,000 overnight, but they disagree on why, and that disagreement matters more than the number itself. Four to six publishers agree Bitcoin cleared $70,000 overnight, but they disagree on why, and that disagreement matters more than the number itself.

U.Today and Crypto Economy give conflicting figures for total Bitcoin ETF net assets while citing the identical 12% market-cap claim. U.Today and Crypto Economy give conflicting figures for total Bitcoin ETF net assets while citing the identical 12% market-cap claim. What all sources agree on Bitcoin rose above $66,500 for the first time since July.

The rally coincided with fresh remarks from Donald Trump that traders read as supportive of further gains. Bitcoin crossed the $70,000 threshold on Tuesday for the first time since June, according to reporting from BeInCrypto and CoinDesk. The milestone marks a notable recovery after weeks of price consolidation below that level.

The milestone arrives as critics question the administration's spending discipline and its potential ripple effects on risk assets, including crypto. The United States national debt has surpassed $40 trillion, CryptoBriefing reported. The figure marks another milestone in a long climb that has accelerated in recent years.

ETH's break above the $2,000 mark coincided with gains in ZEC, SOL, and XRP. Ethereum's price climbed past the $2,000 level for the first time this summer, according to a report from CoinGape. The milestone comes after months of price action that had kept the largest smart-contract platform below that threshold.

Analysts point to a key chart pattern that could push Bitcoin sharply higher if a $66,600 neckline gives way. Bitcoin is closing in on a technical formation that market watchers believe could set up a significant price advance. Reports from CoinDesk and The Cryptonomist EN describe a pattern with a neckline near $66,600.

Crypto-linked equities rallied in tandem with a sharp move higher in the bitcoin price, according to Yahoo Finance. Bitcoin pushed above $68,000 on Tuesday, triggering a broad rally in stocks tied to the cryptocurrency's fortunes. Yahoo Finance reported that Strategy and Bitmine Immersion Technologies each rose 13%, while Coinbase advanced 11%.

The asset manager's updated filing for its Zcash Trust, ticker ZCSH, points to a possible 200,000 ZEC purchase. Grayscale has filed a fourth amendment tied to its planned Zcash Trust, moving the product closer to a listing on NYSE Arca.

A drop in Treasury yields and rising exchange-traded fund inflows coincided with a sharp rally in bitcoin's price. Bitcoin advanced about 6% over the reported period, pushing its price toward the $69,000 level. The rally coincided with a decline in U.S. Treasury yields, a combination that has historically supported demand for risk assets, including cryptocurrencies.

The cross-chain liquidity network suspended operations following a bitcoin-focused breach reported by multiple outlets. Maya Protocol, a cross-chain liquidity network built to facilitate native asset swaps, has suspended its operations. The move followed an exploit that resulted in the loss of approximately $1.7 million in Bitcoin, according to CryptoBriefing.

Institutional demand through Fidelity's platform persists even as broader Bitcoin ETF flows turn negative. Fidelity clients bought $23.92 million worth of Bitcoin in a recent single-day session, according to CryptoBriefing. That figure formed part of a larger two-day total of $134 million in Bitcoin purchases attributed to Fidelity clients, reported separately by CryptoBriefing and AMBCrypto.

An amended filing for Grayscale's proposed Zcash ETF discloses discussions with parent company Digital Currency Group over an in-kind contribution. Grayscale has submitted an updated amendment to its planned Zcash exchange-traded fund. The filing discloses that Digital Currency Group, Grayscale's parent company, is in discussions to contribute 200,000 ZEC to the fund.