CleanSpark sinks pre-market as Q2 loss more than doubles
CleanSpark shares fell pre-market after a $378M fiscal Q2 loss as Bitcoin price declines weighed on revenue and AI plans.
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Bitcoin trades near $81.9K as bulls target $85K to $88K resistance, with price holding above the key 21-day moving average. Bitcoin traded near $81,890 on the daily chart, while bulls watched the $85,000 to $88,000 resistance zone. The price also held above the 21-day moving average, which kept short-term momentum in focus. Bitcoin Holds Above […] The post Bitcoin Bulls Eye $85K To $88K As Price Holds Above Key 21 Day MA appeared first on Live Bitcoin News.
Read full articleCleanSpark shares fell pre-market after a $378M fiscal Q2 loss as Bitcoin price declines weighed on revenue and AI plans.
Two prominent crypto analysts have separately flagged what they describe as a significant technical setup for the XRP price, with one pointing to a chart structure he has tracked since October 2023 that continues to map the asset’s price action — and the other capturing an unusual moment that briefly showed XRP trading at over $43,000 on a major price aggregator. Related Reading: Bitcoin Found Support Where Recent Buyers Can’t Afford to Lose: Discover the Mechanics On-chain analyst and technical researcher Dark Defender (@DefendDark) returned to X with an update on a chart he originally published on October 25, 2023, arguing that the structure has remained the only technical framework for XRP that has stayed valid across the intervening period. According to the post, the chart continues to track the XRP price behavior accurately — a claim that carries weight given the asset’s volatile journey across two and a half years of market cycles. XRP's price 2023 fractal remains valid anticipat
CleanSpark posted a $378.3 million net loss in its fiscal second-quarter results, more than double the prior year, with nearly 60% tied to Bitcoin price declines.
Bitcoin is pushing toward $82,000 as the market builds momentum and buyers test resistance that has held through multiple previous attempts. The price action is constructive — but analyst Axel Adler has published a study of the realized profit and loss data that provides the most precise available picture of where Bitcoin actually stands in […]
BTC has gained less than 1% over the past seven days heading into the summit, while the 30-day picture shows a 13% surge.
War in the Middle East or not, the U.S. stock market has continued to make high after high. Bitcoin still has a long way to go to achieve its own all-time high. Can the king of the cryptocurrencies hang on to the coattails of the stock market and ride them all the way back to $126K?
Arthur Hayes says Bitcoin has likely bottomed near $60,000 and sees a move above $126,000 as inevitable. The BitMEX co-founder argues that AI infrastructure spending, war expenditure and credit expansion are creating a bullish setup for crypto assets. Arthur Hayes is back on familiar ground: liquidity, credit and the long trade in hard digital assets. [...]
Bitcoin’s ADDR messages spiked to 250,000 daily addresses, sparking debate over Sybil risk, surveillance, and node growth.