Category: Bitcoin

In a series of tweets, Jurrien Timmer, the global macro director at Fidelity Investments, drew parallels between the crypto market and the tech bubble of the late 1990s. Timmer suggests that just as s...

Amidst growing concerns, Bloomberg Intelligence’s senior macro strategist, Mike McGlone, cautions that the worst may not be over for Bitcoin (BTC) as recessionary headwinds could push the cryptocurren...

Despite recent fears about the US regional financial crisis, the crypto market has shown signs of stability, suggesting a correction phase after two big gains since 2023. The US debt ceiling deal has ...

Breaking the year-long trend of declining Bitcoin (BTC) and crypto ATMs across the globe, May recorded a steep increase in net installations with nearly 1,400 machines. The total number of crypto ATMs...

BTC’s price increased by more than 2% in the last 24 hours Though a few metrics were positive, BTC’s weighted sentiment plummeted  BRC-20 has gained immense popularity over the last few months, and mu...

Marathon in the previous month produced markedly little bitcoin per exahash, which can be partly attributed to downtime of its mining machines. In April, Marathon mined 50 bitcoin per exahash of compu...

Just over six months after FTX’s dramatic collapse, the crypto industry can finally begin analyzing the effects of the debacle. The quick ripple effect to other crypto businesses drained liquidity fro...

The Fed’s Federal Open Market Committee (FOMC) meets next on June 13-14, and markets are divided on whether the central bank will again boost rates – a sharp change from just one month ago, when...

Bitcoin climbed nearly 1% to back above $27,000 ahead of U.S. government’s Nonfarm Payrolls report set to release at 8:30 AM ET. The jobs report is expected to show that the economy added 180,000 jobs...

Bitcoin was recently trading at about $26,835, roughly flat over the previous four hours but down 1.2% from Wednesday, same time, according to CoinDesk Indexes. The largest cryptocurrency has seemed a...

As the Bitcoin market continues to display massive volatility near the $27K level, investors are awaiting a bullish surprise to ride on a short-term uptrend. The U.S. unemployment rate recently broke ...

Popular crypto exchange Coinbase will launch Bitcoin and Ethereum futures contracts for institutional investors on June 5, the company said on its website.  The company will launch these products thro...

Key Points: Crypto has a number of challenges, according to Mike McGlone, a senior macro analyst at Bloomberg. He believes that Bitcoin’s worst is yet to come, citing current patterns, fundamental rea...

“More miners in the [demand-response] program means more load can be reliably called on to help balance the grid,” said Dennis Porter, who leads another industry advocacy group, Satoshi Ac...

Bitcoin, the world’s most valuable cryptocurrency, is going green, and the pace at which the network has reduced its carbon emissions in the past three years has been noted by climate activists. Nonet...

Alex Dovbnya ProShares, one of the top ETF providers in the U.S., has pulled the plug on its proposal for a 2x leveraged Bitcoin ETF ProShares has announced it will withdraw its proposal for a 2x leve...

Swings in the price of bitcoin are famous for being exceptionally chaotic when compared to old-school asset classes like precious metals, fiat currencies and blue-chip stocks. But the world’s la...

Bitcoin and the broad cryptocurrency market sold off for the second consecutive day on Thursday with fears over inflation and continued rate hikes resurfacing. The U.S. House of Representatives passed...

Advertisement &nbsp &nbsp Bitcoin (BTC), the flagship asset of the cryptocurrency industry, has achieved remarkable success and widespread acceptance. However, Despite the significant achievem...

CleanSpark, Inc., a publicly traded bitcoin mining company, has released its May 2023 bitcoin mining and operations update, revealing significant growth in both its bitcoin holdings and revenue. The c...

Bloomberg Intelligence’s senior macro strategist Mike McGlone is predicting that Bitcoin (BTC) will drop lower due to recessionary headwinds. In a new Crypto Outlook edition, McGlone says that the wor...

As Bitcoin wrestles with the prevailing bearish momentum, all eyes are on the upcoming Non-Farm Payroll (NFP) data – one of the most eagerly-anticipated events on the economic calendar. This data rele...

In his latest report titled “Crypto Outlook, June 2023,” Bloomberg’s Senior Macro Strategist, Mike McGlone, predicts more pain ahead for Bitcoin (BTC) and the broader cryptocurrency market. McGlone ar...

In a Telegram message to CoinDesk, Strahinja Savic, head of data & analytics at crypto-focused, institutional capital markets and advisory platform FRNT Financial, noted that stocks and cryptos ha...