Bitcoin bulls tried to spark a recovery, but were met with heavy selling pressure near $107,000. A similar fate awaited most altcoins, which sold off from their respective resistance levels.
The incident at the Massillon, Ohio, facility followed the company’s Q3 earnings report on Monday, showing a net loss of over $266 million.
The biggest Bitcoin ATM operator in North America is expanding to Hong Kong, citing growing global demand for cash-to-crypto access.
IBM targets quantum advantage by 2026 and fault-tolerant systems by 2029 with new processors and faster error correction, advancing the race toward quantum computing.
Data shows that BTC’s “average annual returns have gradually declined, with no peaks at all in the last cycle, confirming the hypothesis that Bitcoin’s risk/return structure has changed.”
Bitcoin’s momentum loss continues as long-term holders add to market selling pressure and rising US dollar strength leads investors to reduce their exposure to risk.
With crypto markets failing to meaningfully rally toward the end of 2025, it only sets up 2026 for more upside, according to Bitwise’s Matt Hougan.
Crypto market sentiment remains fearful as the broader market continues to slump, but that could be a good thing, as weak hands sell off, Santiment argued.
Cloud miner BitFuFu says third-quarter sales hit $180.7 million as more users rented hashrate and snapped up rigs to ride Bitcoin’s post-halving price surge.
Sonic Labs’ strategic shift aims to bring “measurable, lasting value” for builders, validators and S token holders through upgraded fees, token burns and institutional partnerships.