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Bitcoin miner Riot Platforms miss estimates with wider Q2 loss
1.8.2024
Riot managed to increase its revenue from Bitcoin mining despite reporting a staggering 340% increase in costs to mine a Bitcoin
Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support
1.8.2024
Nobel laureate Paul Krugman claims that bitcoin has remained “economically useless.” He criticized the support bitcoin and crypto have from former U.S. President Donald Trump and the Republican Party. Moreover, he stressed: “Tech-bro support for Trump and Vance also seems...
Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate
31.7.2024
The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin's total supply as a strategic reserve asset
Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
31.7.2024
The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East
Cryptoquant Insights: Bitcoin Miners See Revenue Boost as Hashrate Soars
31.7.2024
Bitcoin miners are witnessing a resurgence in activity as the network’s hashrate approaches all-time highs, according to the latest research from Cryptoquant. This recovery is attributed to improved revenues, which have led to a reduction in selling pressure from miners. Miners Hold Steady:...
How low can the Bitcoin price go?
31.7.2024
Bitcoin’s latest rejection at $70,000 has presented some support levels below where a BTC price downtrend might stop
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
31.7.2024
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light...
The Protocol: Bitcoin Gets Political as U.S. Government Ponders Airdrops
31.7.2024
In this week's issue of CoinDesk's newsletter on blockchain tech, we examine U.S. Senator Cynthia Lummis's call for a national "Bitcoin Strategic Reserve." We've also got photos from the Bitcoin Nashville conference, where it seemed like nearly everyone was talking about staple-gunning layer-2...
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
31.7.2024
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching...
Price analysis 7/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
31.7.2024
Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it's too early for traders to expect a short-term trend reversal
Tether Posts $5.2 Billion Profit in First Half of 2024
31.7.2024
Tether Holdings Limited reported a record-breaking net profit of $5.2 billion for the first half of 2024, according to its latest assurance opinion for the second quarter. The report, conducted by BDO, highlighted Tether’s increased exposure to U.S. Treasury bills and a significant rise...
Hashrate recovery reduces Bitcoin miners’ selling pressure in July
31.7.2024
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves
The Anatomy of a Crypto Bull Market
31.7.2024
Analyzing previous crypto market cycles helps us understand the current one, says Kelly Ye, head of research at Decentral Park Capital
Trump Promotes Bitcoin Sneakers Post Nashville Conference
31.7.2024
Following his appearance at the Bitcoin 2024 conference in Nashville, Trump took to Truth Social to promote a line of “Limited Edition” Bitcoin sneakers. He also stated that he is accepting Bitcoin and any other cryptocurrency as payment. Trump Unveils Trump Sneakers During his keynote...
Arthur Hayes reveals philosophy behind ‘Airheads’ Ordinals collection
31.7.2024
Users can choose to complete quest-like directives to receive Airheads or outright purchase the inscribed art through a “Whale Pass.”
‘Crypto President High Tops’ — Trump Reveals Limited Edition Bitcoin Sneakers
31.7.2024
Former U.S. President Donald Trump announced through a recent post on Truth Social that he is launching a line of Bitcoin-themed sneakers. “Just spoke at the Bitcoin Conference in Nashville, Tennessee on Saturday. It was GREAT! Get your Bitcoin Sneakers now. These are Limited Edition, they are each...
Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End
31.7.2024
Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows
Bitcoin Price Reversal Alert; Is the Bull Run Over for BTC?
31.7.2024
In anticipation of the US Fed meeting tonight, where Jerome Powell is expected to outline the timing and frequency of upcoming rate cuts, the cryptocurrency market experienced a downturn on Wednesday. Bitcoin and Ethereum were at the forefront of this retreat. At press time, Bitcoin (BTC)...
Crypto Fear and Greed Index Shows ‘Greed’ Despite Bitcoin’s Price Drop
31.7.2024
While bitcoin briefly reached the $70,000 mark on July 29, the price has since declined. Over the past week, BTC has decreased by 0.6%. During the last 18 days, the Crypto Fear and Greed Index (CFGI) has transitioned from “extreme fear” back to “greed.” From...
Bitcoin traders see $63K sweep with FOMC, BTC price monthly close next
31.7.2024
BTC price volatility begins ahead of key US macro pointers from the Federal Reserve, with traders hoping that Bitcoin will sweep liquidity lower in its range