Alcoa Nears Sale Of Idle New York Smelter To NYDIG For Bitcoin Mining Use

Alcoa is in talks to sell its idle Massena East aluminum smelter in upstate New York to bitcoin mining firm NYDIG, according to comments from Alcoa chief executive Bill Oplinger in a Bloomberg interview.

The Massena East site sits along the St. Lawrence River and has been out of operation since 2014. The closure followed sustained pressure from high energy costs and global competition that reduced domestic aluminum production. The facility spans about 1,300 acres and contains heavy electrical infrastructure built for continuous industrial use.

Alcoa is pursuing a broader plan to divest a group of idle US smelter assets. The company has identified ten dormant sites for potential…

Read more on BitcoinMagazine

Bitcoin Could Run To $95,000 Or Crash To $70,000: Here’s What Technical Analysis Says

Bitcoin (CRYPTO: BTC) analysts have identified $76,000 as the early warning level that determines whether the cryptocurrency runs to $95,000 or crashes back to $70,000.

The $76,000 Early Warning Signal

Prominent analyst DonAlt from Technical Roundup says $76,000 represents the previous month’s high and serves as the first test of whether the current breakout will hold. 

A move below $76,000 doesn’t kill the rally but signals early weakness.

“I think 76 is quite aggressive, but if you’re trading lower time frames, I think that does make sense,” Don said. 

“I’m just kind of looking at $70,000. If we start losing $70,000 again, I think then it’s truly over this time,” he…

Read more on Benzinga

Jason Lowery Appointed Special Assistant To U.S. Indo-Pacific Command Commander, Bringing Bitcoin Strategic Expertise

Jason Lowery, former Deputy Director of Technology & Innovation at the United States Space Force, and author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, has announced his new role as Special Assistant to the Commander, U.S. Indo-Pacific Command. 

In a LinkedIn update, he shared his Honor to receive the appointment, explaining that “In this new position, I will directly advise and report to the Combatant Commander on strategic priorities affecting the Department of Defense and the Indo-Pacific region.” Lowery added, “It’s a humbling responsibility during a critical time for our national security posture. I’m grateful…

Read more on BitcoinMagazine

Ripple Gets Quantum-Ready With Multi-Phase XRP Ledger Update Plan

Ripple has unveiled a multi-phase plan to prepare the XRP Ledger (CRYPTO: XRP) for potential risks posed by quantum computing, as concerns grow around future threats to blockchain security.

XRP Ledger’s Built-In Advantages

Ripple said there is no immediate danger to current cryptographic systems. However, it warned of a long-term risk known as “harvest now, decrypt later,” where attackers could store encrypted data today and decode it once quantum computing capabilities mature.

To address this, the XRP Ledger is adopting a phased approach rather than a single system-wide upgrade.

Ripple highlighted several existing advantages within the network, including native key rotation and seed-based…

Read more on Benzinga

Cathie Wood Trims Bitcoin Target As Ark Invest Reduces Circle, Bullish Positions

Ark Invest CEO Cathie Wood, long known for her bullish stance on Bitcoin (CRYPTO: BTC), has adjusted her long-term outlook while her firm also reduced exposure to select crypto-related equities.

Crypto-Linked Positions Reduced

The fund used the proceeds to increase its position in Netflix following the company’s latest earnings report.

Despite the recent trades, both Circle and Bullish remain relatively small positions in ARKW, each accounting for about 0.7% of total holdings.

Within the broader Ark ecosystem, Circle represents about 4.5% of ARKK holdings, while Robinhood and Coinbase make up 4.8% and 4.4%, respectively.

Over the past month, Circle shares have fallen roughly 20% even as…

Read more on Benzinga

Capital B Buys 12 Bitcoin, Expands Treasury To 2,937 BTC

Capital B, the listed arm of The Blockchain Group, confirmed the acquisition of 12 bitcoin as it continues to build out its treasury strategy centered on the digital asset.

The company said it spent €0.8 million on the purchase, bringing total holdings to 2,937 BTC. The group’s aggregate acquisition cost stands at €270.1 million, with an average purchase price of €91,975 per bitcoin, according to a note shared with Bitcoin Magazine. 

The latest buy follows a series of transactions since early 2026, with the company reporting a year-to-date BTC yield of 1.57%. It also posted a BTC gain of 44.4 BTC and a BTC-denominated gain of €2.9 million over the same period….

Read more on BitcoinMagazine

LATEST: Tom Lee’s Bitmine Acquires 101,627 ETH Last Week Raising Total Holdings To 4.98M ETH

Bitmine Immersion Technologies, associated with Tom Lee, added 101,627 ETH last week. This purchase brought its total holdings to 4.976 million ETH, representing approximately 4.12% of Ethereum’s total supply of around 120.7 million ETH.

The company continues its strategy of accumulating Ethereum as a core treasury asset, with recent announcements highlighting steady growth in its crypto and cash holdings reaching $12.9 billion.

Bitmine Buys 101,627 ETH As BMNR Tests Breakout Near $23 – BitMine Immersion (NYSE:BMNR)

The Highest Pace Since December

The weekly purchase represents the highest pace of buys since December 15, 2025.

Bitmine now owns 4.12% of Ethereum’s total supply of 120.7 million, making the company 82% of the way to its goal of owning 5% of the total supply.

“We see growing signs that the ‘mini-crypto’ winter is coming to an end,” said Chairman Tom Lee. 

“As downside tail risks for the U.S.-Iran war diminish, ETH has risen 41% from its early February lows,” he added.

ETH has outperformed the S&P 500 by 2,280 basis points since the war started and remains the single best performing asset in the world beside crude oil prices according to Lee.

The Staking Revenue Engine

Bitmine…

Read more on Benzinga

Spot Bitcoin ETFs Cross $1B Last Week In Inflows As Cumulative Flows Approach Record High

U.S. spot bitcoin ETFs recorded net inflows of $996.4 million last week, marking the strongest weekly intake since mid-January. The move extends a three-week inflow streak that has added more than $1.8 billion to the category and pushed year-to-date flows above $1 billion after a prior stretch of net outflows.

BlackRock’s IBIT led issuance with $906 million in net inflows during the week. Morgan Stanley’s MSBT posted $71 million in inflows in its first full trading week after launch on April 8. Ethereum spot ETFs recorded $275.8 million in net inflows over the same period.

ETF accumulation continues to define bitcoin market structure in 2026. U.S. spot bitcoin ETFs bought…

Read more on BitcoinMagazine

XRP Up 7% Dogecoin Gains 4% In 1 Week: Is This The Start Of A Breakout?

Traders remain cautiously optimistic about near-term momentum, though both assets are approaching technical inflection points.

XRP Flashes Bullish Signal

Crypto chart analyst Ali Martinez said XRP’s SuperTrend indicator has turned bullish on the daily chart for the first time since Jan. 17, suggesting a potential shift away from sustained selling pressure.

He identified $1.55 as a critical resistance level. A decisive daily close above that mark would confirm bullish momentum and could trigger a relief rally.

If momentum continues, Martinez said the next upside target is near $1.90, with the SuperTrend now acting as a trailing support level beneath price action.

He also noted that XRP is…

Read more on Benzinga