Browsing Category
Bitcoin
Bitcoin May Have Bottomed at $58K, Analysts Say
James Check, founder and lead analyst at Checkonchain, said Bitcoin may have already established its cycle bottom after undergoing two capitulation events,…
Bitcoin and US Stocks Rebound as Traders Shake Off Fed Rate Hike
Bitcoin (BTC) traded near $76,500 after Thursday’s Wall Street open as investors snapped up US stocks following their recent dip.Key points:Bitcoin consolidated…
Bitcoin Treasuries Can Outperform BTC… But Is The Risk Worth Taking?
There are now 179 listed companies holding Bitcoin on their balance sheets, all following variations of the same simple formula:Raise capital on traditional…
Bitcoin Corporate Treasuries Stay Underwater With BTC Price Below $80,500
Bitcoin (BTC) is no longer a target for corporate treasuries as current buyers sit on unrealized losses, new research shows.Key points:Bitcoin corporate…
Celsius Estate Sues BitMEX Over 6,360 BTC Liquidations
The Celsius bankruptcy estate sued five BitMEX-linked companies, alleging fraud, market manipulation and wrongful liquidations during the March 2020 market crash.…
Bitcoin Holds $76K After Fed Rate Hike
Bitcoin held near its pre-Fed announcement levels of around $76,000 on Wednesday despite the US Federal Reserve raising its benchmark interest rate for the first…
US Bitcoin reserve bill passes House Committee
US lawmakers took a step on Wednesday to put US President Donald Trump’s executive order to establish a strategic Bitcoin reserve into law. The American Reserve…
Bitcoin Stays Near Monthly Lows as Fed Rate-Hike Odds Pass 90%
Bitcoin (BTC) stayed near monthly lows at Wednesday’s Wall Street open as markets awaited the US Federal Reserve’s decision on interest rates.Key points:Bitcoin…
Bitcoin Investors Send BTC to Exchanges at Loss After CLARITY Act Failure
Bitcoin (BTC) demand is under pressure in the US as investors react to the failure of the CLARITY Act to advance in the Senate.Key points:Bitcoin’s Coinbase…
Ethiopia Cuts Bitcoin Mining Power Amid Hydro Shortage
Ethiopia has reportedly reduced electricity delivered to Bitcoin miners to 23% of contracted levels as lower water inflows strain the country’s hydroelectric…