Headlines

Cypherpunk becomes largest Zcash miner in $33M deal

Cypherpunk Technologies has acquired a 4.2 GSol/s Zcash mining fleet for $33.33 million, giving the Nasdaq-listed company about 18% of the network’s total computing power. Summary The acquired Bitmain Z15 Pro fleet produces roughly 7,800 ZEC per month. Cypherpunk paid through a pre-funded warrant covering 43.29 million common shares. The equipment operates at hosting facilities…

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BTC Hits $65,000 as $56M Short Squeeze Punishes Bearish Traders

Key Takeaways Bitcoin reached $65,000 on Tuesday, delivering a 2% weekly gain despite geopolitical risks in the Middle East. Coinglass recorded $56 million in short liquidations, yet analyst data shows strong sell-side resistance at $65,000. Anthony Scaramucci and Glassnode expect a recovery, citing conviction buying around $60,000 since January. Bitcoin Rebounds Bitcoin briefly tapped $65,000…

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