Bitcoin mining difficulty falls 11% as price slide and Winter Storm Fern slash hashrate

Bitcoin mining difficulty dropped 11%—the biggest negative move since 2021—after a ~20% hashrate slide driven by a price selloff and Winter Storm Fern shutdowns. Here’s what it signals.

TD Cowen: MicroStrategy is structurally set to ride out a Bitcoin slump — and lean into the rebound

Analysts see MicroStrategy able to endure a prolonged Bitcoin downturn despite MSTR’s pullback, positioning it to benefit when BTC recovers. Here’s what “structural” really means.

Bernstein: IREN’s drop is about a missing AI catalyst — not earnings — as bitcoin fades from the core thesis

Analysts say IREN’s selloff stems from the absence of an expected AI deal, not earnings, with bitcoin volatility becoming peripheral as the company accelerates its AI pivot.

Bithumb’s accidental BTC transfers spark brief price swing after rapid trading halt

A processing error at Bithumb sent BTC to some users, prompting quick sells and a short-lived price swing on the exchange before controls kicked in to restrict activity.

Bitfarms pops 16% as it redomiciles to Delaware and seeks new tickers amid AI infrastructure pivot

Bitfarms rose 16% after finalizing its move from bitcoin mining to AI infrastructure, relocating its parent to Delaware and pursuing new Nasdaq/TSX tickers to tap U.S. capital.

Bitwise CIO points to seller fatigue as bitcoin posts sharpest two‑week slide since June 2022

Bitwise’s Matt Hougan says bitcoin’s drop looks cyclical and macro-driven, not a 2022-style breakdown, and suggests downside pressure may be fading as bad news gets absorbed.

The Daily: Strategy’s safe unless BTC falls to $8K, Charles Hoskinson’s down over $3B in crypto, Bithumb mistakenly sends bitcoin to users, and more

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons. ]]>

Ark Invest pares Coinbase stake as Bitcoin wobbles, pivots into Bullish and Solana play

Cathie Wood’s Ark sold 119,236 Coinbase shares as Bitcoin neared $60K, while adding Bullish and Solmate exposure. A calculated rotation across crypto beta during a sharp drawdown.

Bitcoin on Offense, Gold on Defense: Bitwise’s Portfolio Framing Gains Traction

Bitwise’s Bradley Duke says gold cushions drawdowns while Bitcoin powers rebounds. With ETFs dwarfing issuance, the halving cycle fades as BTC matures into a macro asset.

Bithumb’s 5-Minute Glitch Sent $95B in Phantom Bitcoin to Users, Crashing Its BTC Price to $55K

Bithumb mis-credited 2,000 BTC per user instead of 2,000 won, sparking a $2B sell-off and a plunge to $55K. A five-minute glitch exposes gaps in exchange risk controls.