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Bitcoin could top $100K but only if 'high-yield rate' falls below 7% — Analyst
15.5.2024
Bitcoin needs the high yield rate to fall as low as 6% if it wants to reach a "sustainable all-time high", says crypto analyst Timothy Peterson
Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving
14.5.2024
The hash rate of the Bitcoin network has experienced a significant decline as mining firms are shutting down unprofitable mining rigs following the fourth Bitcoin halving.
The post Bitcoin Hash Rate Declines as Mining Firms Shut Down Unprofitable Rigs Post-Halving appeared first on Cryptonews
Bitcoin hash rate dips as miners turn off unprofitable ASICs post-halving
14.5.2024
Despite the recent block reward halving, only the profitability of Bitcoin miners with less efficient mining rigs is endangered, according to Terawulf's Nazar Khan
Billionaire Barry Sternlicht Foresees Banks Failing Every Week in US
12.5.2024
Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the vulnerability of regional and community banks in the U.S. to high interest rates and inflation, particularly amid the commercial real estate downturn. He forecasted frequent failures of these banks, predicting:...
Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next?
11.5.2024
As Federal Reserve Governor Michelle Bowman hints at no need for rate cuts, Bitcoin faces resistance near $60k—what will sway its next move?
The post Bitcoin Price Prediction as BTC Hits $60k After FED’s Rate Cut Comments – What’s Next? appeared first on Cryptonews
Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows
10.5.2024
Bitcoin dips to $60,620 as U.S. economic data hints at possible Fed rate cuts, sparking a bullish sentiment in crypto markets.
The post Bitcoin Price Prediction: Falls to $60,620 Amid Fed Rate Cut Speculation and ETF Inflows appeared first on Cryptonews
Zambian Currency, the Kwacha, Plunges to New Record Low Against US Dollar
10.5.2024
Zambia’s worsening shortage of foreign exchange as well as one of its worst droughts in recent memory saw the local currency drop to a record low of K27.3 to the dollar. As explained in the report, the kwacha has lost as much as 17% in the past six months. Forex Shortages: The Impact...
Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge?
10.5.2024
With U.S. jobless claims soaring to their highest since August 2023, Bitcoin holds its bullish stance amid anticipations of an earlier Fed rate cut.
The post Bitcoin Price Prediction as Weak U.S Jobs Data Spurs Rate Cut Hopes – Will BTC Surge? appeared first on Cryptonews
Shiba Inu burn rate skyrockets 200% despite price fluctuations
10.5.2024
The burn rate of Shiba Inu soared by 200% amid heavy price fluctuations in the last 24 hours. SHIB is now experiencing a green trade surge of 2.25%. However, it is interesting to note that the burn rate went as high as 200% despite multiple swings on the price chart. Investigations found that...
2 key Bitcoin indicators have ‘cooled off’ — Why it could be bullish
8.5.2024
The Bitcoin funding rate and 3-month annualized basis rates are moving to levels that signal to traders it may just be the “calm before the storm.”
Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes
7.5.2024
Amid a cooling U.S. economy and potential Fed rate reductions, Bitcoin's price spikes to $64,000, highlighting its safe-haven appeal.
The post Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes appeared first on Cryptonews
Turkish crypto bill: 5 things to know before it’s introduced
6.5.2024
Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process
Bitcoin mining revenue hits post halving yearly low
6.5.2024
Daily revenue from Bitcoin mining dropped to under $3 million as opposed to the previous daily average of roughly $6 million in the first four months of 2024
Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend – Bullish Week Incoming?
4.5.2024
Bitcoin surges past $63,200, boosted by halted rate hikes and fresh inflows into ETFs, suggesting a bullish trend ahead as market cap hits $2.36 trillion.
The post Bitcoin Price Prediction as BTC Is Back Above $60,000 Before the Weekend – Bullish Week Incoming? appeared first on Cryptonews
Top Crypto Gainers Today on DEXScreener – ARKY, PEEPO, THREE
4.5.2024
With blue-chip cryptocurrency markets recovering on Friday as macro traders price back in multiple rate cuts for 2024 following the latest US jobs report, traders looking for top crypto gainers today continue to turn to the highly illiquid and volatile on-chain markets for opportunities.
The post...
Report Reveals Hundreds of US Banks at Risk of Failure Amid High Interest Rate Environment
3.5.2024
Following the dramatic bank failures last year and the recent collapse of Philadelphia’s Republic First Bank last week, an analysis by Klaros Group indicates that hundreds of U.S. banks are at risk of failure. The study reveals that smaller and regional banks are experiencing stress due...
Bitcoin price springs 5% to $62K as US jobs data boosts rate cut bets
3.5.2024
Bitcoin bulls welcome some BTC price relief while whales get busy accumulating nearly 50,000 BTC at the local lows
Nasdaq-listed mining firm Stronghold Digital Mining for sale?
2.5.2024
Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase shareholder value including selling the business
Bitcoin dominance falls after FED interest rate decision: Time to stock up altcoins like MVP now?
2.5.2024
With Bitcoin’s influence waning in the crypto world, now might be a good time to think about branching out into alternative coins this altseason. While Bitcoin remains the player, altcoins come with their own perks, such as quicker transaction speeds, cutting-edge technologies, and...
Bitcoin halving sees Bitfarms’ BTC mining earnings plummet
2.5.2024
Bitfarms is actively working to triple its current hash rate capacity to 21 exahashes per second (EH/s) with a $240 million investment