Latest from Will Canny
Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
September could be another difficult month for the miners as bitcoin remains under $60K and the network hashrate continues to rise, the report said.
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.
Crypto Retail Market Is Poised for a Rebound: Gemini
Adoption of digital assets has remained steady in the U.S. and the U.K. in recent years, despite significant headwinds, a survey by the crypto platform showed.
BCB Group's Chief Compliance Officer to Exit in Latest Senior Management Departure
Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments.
Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein
If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.
Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says
The network activity has also been falling on Ethereum and stalling on the Bitcoin blockchain, the report said.
Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says
Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said.
Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
The company received a takeover approach from an investor while exploring a Series B funding round.
Blockstream Mining Raises Fresh Round of Note That Offers Exposure to Bitcoin Hashrate
The EU-compliant security token gives investors exposure to the hashrate over a four-year period.
Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said.
