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Bitcoin

Bitcoin price dip may retest $55K before next leg up

admin Aug 12, 2024
Based on Wednesday’s upcoming CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover. Source link
Bitcoin

More ‘extreme fear’ than FTX crash — 5 things to know in Bitcoin this week

admin Aug 12, 2024
Bitcoin market sentiment is as erratic as BTC price action itself as a week of macro volatility catalysts gets underway. Source link
Bitcoin

Marathon Digital to raise $250M through convertible senior notes for Bitcoin purchase

admin Aug 12, 2024
Marathon Digital plans to raise $250M via…
Bitcoin

Tech giants losing momentum as AI progress disappoints investors

admin Aug 12, 2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus. Source link
Bitcoin

World's largest Bitcoin miner announces $250M raise to buy more Bitcoin

admin Aug 12, 2024
The new raise is part of Marathon’s strategy to go “full hodl” and make Bitcoin a strategic reserve asset for the company. Source link
Bitcoin

Why Bitcoin is still poised to break $74K before end of year

admin Aug 12, 2024
Bitcoin’s correction appears to be losing steam, as indicated by price momentum divergence, the formation of a Doji candlestick and other bullish patterns.…
Bitcoin

Bitcoin miners record lowest daily revenue of 2024

admin Aug 12, 2024
Bitcoin miners' daily revenue hit a new yearly low of $2.5 million, but strategic overhauls keep some companies profitable amid industry challenges. Source…
Bitcoin

Bitcoin price drops below $59K as institutions stop buying stablecoins

admin Aug 12, 2024
The Bitcoin price last saw its local bottom before Tether minted $1.3 billion worth of stablecoins, which helped BTC recover over 21%. Source link
Bitcoin

BitGo CEO argues WBTC security is unchanged amid concerns

admin Aug 12, 2024
BitGo recently announced a new venture to diversify its Wrapped Bitcoin custodial locations, and Justin Sun’s involvement has caused concern for some. Source…
Bitcoin

BOJ ex-board member says another rate hike unlikely this year

admin Aug 12, 2024
The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it’ll be a "toss up" whether there will be another before March.…
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