Jan 30, 2025, 9:18 p.m. UTC After an ugly start to the week that saw its price fall below $98,000, bitcoin (BTC) had managed its way back above $106,000 and within view of its record high of $109,000 The rally reversed…
Updated Jan 30, 2025, 7:25 p.m. UTCPublished Jan 30, 2025, 12:00 p.m. UTC Institution-focused digital asset technology and trading firm BlockFills is collaborating with CoinDesk Indices to launch options tied to the CoinDesk 20 Index (CD20). The CoinDesk 20 Index, which debuted…
Petrobras is interested in bitcoin mining as a complementary activity. Marcelo Curi, a blockchain and crypto architect at Petrobras, has stated that the company is researching this and other Web3 applications to reduce carbon emissions. Bitcoin mining is starting to…
Bitcoin miner Argo Blockchain announced a CEO departure and interim leadership changes. Argo Blockchain, the British dual-listed Bitcoin (BTC) mining company, has revealed that CEO Thomas Chippas will step down from his role and board position, effective Feb. 28. CFO…
Updated Jan 30, 2025, 11:52 a.m. UTCPublished Jan 30, 2025, 9:54 a.m. UTC Ether (ETH), the second-largest cryptocurrency, has fallen out of favor relative to bitcoin (BTC), returning the worst bull-cycle performance against its larger rival since the Ethereum blockchain’s inception in…
Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday. The broker said mining fundamentals are strong, “with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range…
Bitcoin is poised for a sharp correction before surging to new highs in 2025, warns Arthur Hayes, citing tightening global liquidity and excessive market optimism. Arthur Hayes, former CEO of crypto exchange Bitmex, has issued a stark warning about the…
Updated Jan 30, 2025, 1:04 p.m. UTCPublished Jan 30, 2025, 5:57 a.m. UTC If someone told you that stock market investors are offloading their cherished holdings, you will most likely interpret it as a sign of an impending market downturn. The narrative,…
Updated Jan 29, 2025, 9:46 p.m. UTCPublished Jan 29, 2025, 9:35 p.m. UTC Elon Musk’s Tesla (TSLA) appeared to take advantage of a new accounting rule allowing for holdings of digital assets to be marked-to-market each quarter. The company’s fourth quarter earnings…
Bitcoin’s current bullish trajectory exhibits striking similarities to the 2015–2018 market cycle, as illuminated in a recent Glassnode report co-authored by analysts Cryptovizart and Ukuria OC. The leading cryptocurrency’s price gains have moderated progressively across successive cycles, signaling an evolution…