Bitcoin Mining Revenue, Profit Fell in October for a Fourth Consecutive Month: JPMorgan
[Nov 1 2:57 PM] The network's monthly average hashrate surged to a record high, the report said.
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Bitcoin traders eye key levels as US jobs shock sends BTC price past $71K
[Nov 1 2:54 PM] Bitcoin basks in nonfarm payrolls data misses with BTC price action canceling its trip below $69,000.
I Did Basically Nothing And Got $500 in Bitcoin
[Nov 1 2:47 PM] Follow Nikolaus On X Here A couple of summers ago, I used to order lunch via Grubhub while working long days in the office. When ordering, I always made sure I was logged into Lolli, a bitcoin rewards platform with a browser extension, so that I…
Financial institutions want Bitcoin and ETFs: Blockstream’s Adam Back
[Nov 1 2:32 PM] Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto.
Bitcoin Price Slides Below $70,000: These Are The Key Reasons
[Nov 1 2:00 PM] The Bitcoin (BTC) price has experienced a significant downturn over the past 24 hours, falling below the critical $70,000 threshold. After reaching a peak of $73,620 on Tuesday, the cryptocurrency has declined by approximately 5.7%, hitting a low…
U.S. Added Just 12K Jobs in October, Far Short of 113K Expected
[Nov 1 12:35 PM] The October employment numbers are among the last pieces of economic data the Fed will see prior to its policy setting meeting next week.
Bitcoin Open Interest Reduced By $2.1 Billion In 24 Hours – Time For Spot To Push The Price?
[Nov 1 12:30 PM] Bitcoin is currently trading above $69,000, following a 6% pullback from its recent peak at $73,600. The recent surge in open interest has been a key factor in driving BTC’s price action, with open interest reaching $23.9 billion on October 30, a…
First Mover Americas: Bitcoin Pares Losses Following Thursday's Slump
[Nov 1 12:14 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MicroStrategy Remains One of the Best Ways to Gain Exposure to Bitcoin Given Its Intelligent Leverage Strategy: Canaccord
[Nov 1 11:38 AM] The broker raised its price target for the software company to $300 from $173 while maintaining its buy rating.
Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten
[Nov 1 11:23 AM] Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.
Bitcoin Price To New ATH Soon? Analyst Who Called $72,000 Surge Reveals What Needs To Happen
[Nov 1 11:00 AM] Crypto analyst Ali Martinez has revealed what needs to happen next for the Bitcoin price to surpass its current all-time high (ATH) of $73,700. The analyst had rightly predicted the recent price rally to $72,000 but warned back then that the…
Bitcoin Faces Fifth Consecutive Rejection At $72,000, Is Another Correction Coming?
[Nov 1 9:30 AM] Ahead of its monthly close, Bitcoin (BTC) has seen another unsuccessful attempt to reclaim the $72,000 resistance as a support level. Despite the drop, some analysts consider the cryptocurrency is still in a strong position for an upcoming…
Has Russia really ‘legalized’ cryptocurrency mining?
[Nov 1 8:51 AM] Russia’s crypto mining laws have filled the “regulatory vacuum,” but there is still a lot of legal uncertainty about many aspects of regulation.
Bitcoin speculators send $4B to exchanges as BTC price loses $70K
[Nov 1 7:45 AM] Bitcoin short-term holders panic and send coins to exchanges at a loss as a BTC price U-turn gathers momentum.
Bitcoin Price Drop Leads to $250M Bullish Liquidations; Crypto Sentiment Indicator Signals Top
[Nov 1 7:15 AM] A tracker for market sentiment reached “extreme greed” levels on Thursday, which has historically preceded market corrections.
BlackRock’s Bitcoin ETF Reaches 2% Of Total BTC Supply Amid Record Inflows
[Nov 1 6:30 AM] On Wednesday, BlackRock, the world’s largest asset manager, achieved a significant milestone in the Bitcoin ETF market, recording the largest inflows since the inception of these investment funds in January. Bitcoin ETF Demand Soars Ahead Of US…
Mt. Gox makes $35M BTC transfer to unmarked addresses
[Nov 1 5:02 AM] About 500 BTC was moved from a Mt. Gox-associated address, but it is unclear if this was related to repayments.
Latest ‘Satoshi’ reveal turns into a debacle: Meet Stephen Mollah
[Nov 1 5:01 AM] Stephen Mollah is the latest to claim he invented Bitcoin, and a London event to show proof of the claim reportedly fell short.
CleanSpark targets 400MW Bitcoin mining capacity after acquiring GRIID
[Nov 1 4:15 AM] CleanSpark CEO Zach Bradford said it was a strategic move for the firm to increase its mining capacity in Tennessee.
Bitcoin Set To Gain If Trump Wins, JPMorgan Cites ‘Debasement Trade’ As Key Factor
[Nov 1 4:00 AM] According to JPMorgan analysts, a win for the Republican US presidential candidate Donald Trump could further fuel Bitcoin (BTC) price momentum. Retail Investors Turn To Bitcoin For ‘Debasement Trade’ In a recent client note, analysts at JPMorgan…
Bitcoin Price Takes a Sharp Dip: Is This Just a Correction?
[Nov 1 3:19 AM] Bitcoin price is correcting gains from the $73,500 zone. BTC is back below the $70,000 level and showing a few bearish signs. Bitcoin started a fresh decline from the $73,500 zone. The price is trading below $71,500 and the 100 hourly Simple moving…
Bitfarms inks another 10,000 Bitcoin miner hosting agreement with Stronghold
[Nov 1 2:51 AM] The Bitcoin data center firm is deploying an additional 10,000 miners to Stronghold’s Scrubgrass site.
‘OG’ Bitcoin Supporter Says Crypto Will Surpass Gold And Oil – Details
[Nov 1 2:00 AM] An OG Bitcoin advocate made a bold forecast that demand for Bitcoin will increase rapidly in the near future, bolstering the estimates of some crypto experts that BTC is on a trajectory to hit the six-figure level. OG, short for “original gangster”…
Microstrategy Unveils $42 Billion Plan to Power Large-Scale Bitcoin Purchases
[Oct 31 11:30 PM] Microstrategy announced a $42 billion plan to accelerate bitcoin purchases, aiming to strengthen its reserves and position itself as a leader in digital asset investment. Aiming High: Microstrategy’s $42 Billion Vision for Unmatched Bitcoin…
Build on Bitcoin Protocol Joins Superchain as First Hybrid L2
Analyst Claims Ethereum ‘Is Not Dying,’ Bitcoin Surge No Threat To Ether
[Oct 31 9:00 PM] This week has witnessed remarkable growth in the global cryptocurrency market, spearheaded by Bitcoin. Today, the total market capitalization of the cryptocurrency market stands at $2.44 trillion, an increase of 1.61% from the previous day. Most of…
Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise
[Oct 31 7:54 PM] The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.
Michael Saylor Conjures Stock Market Magic With Giant Plan to Buy More Bitcoin
[Oct 31 7:01 PM] Michael Saylor's MicroStrategy tops Coinbase as the biggest crypto stock after revealing huge plan to buy more bitcoin (BTC).
Bitcoin ETFs Amass 1 Million BTC – A New Leader Emerges
[Oct 31 6:30 PM] New data reveals that spot bitcoin exchange-traded funds (ETFs) have collectively surpassed the impressive milestone of holding over 1 million BTC. How 12 U.S. Bitcoin ETFs Quickly Acquired 1 Million BTC In just 293 days, the 12 U.S. spot bitcoin…
Trump Celebrates Bitcoin’s Anniversary, Slams ‘Kamala’s War on Crypto’
[Oct 31 6:10 PM] Former President Donald Trump recently took to X (previously Twitter) to share his thoughts on bitcoin and mark the anniversary of the Bitcoin white paper. “I would like to wish our great Bitcoiners a Happy 16th Anniversary of…