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Nalezeno "r/bitcoin": 65422

Bitcoin Gains Expected as US Jobs Data Drives Fed Rate Cuts, Analyst Says


A researcher from 21shares has offered an analysis of how bitcoin’s price could respond to the U.S. jobs report. The analyst indicates that BTC prices could increase if the Federal Reserve reduces interest rates. These rate cuts, which are likely tied to labor market trends, could lower...

Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip


Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President...

Russian Bitcoin Mining Industry Could Surpass the U.S. in 2 Years


Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russian bitcoin mining industry could reach parity...

BBVA to Launch Visa-Backed Euro-Pegged Stablecoin Next Year


BBVA, one of Spain’s largest financial institutions, has announced plans to launch its stablecoin product by 2025. The organization is currently in the sandbox stages and will be developed in partnership with credit giant Visa as part of one of the first projects using its services to launch...

CleanSpark reports 187% hashrate growth


CleanSpark’s hashrate increased from 9.6 EH/s to 27.6 EH/s over the past year, driven largely by strategic acquisitions that boosted its mining capacity

Analyst: 13 of the Top 25 ETFs Launched in 2024 Are Bitcoin or Ether-Related


Data shows that bitcoin and ethereum exchange-traded funds (ETFs) have made quite an impact this year in the world of traditional finance. According to Nate Geraci, co-founder of the ETF Institute, out of 525 funds launched in 2024, a total of 13 out of the top 24 best-performing ETFs are related...

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