Bitcoin News

Bitcoin News

Markets

A Bitcoin Chart That Offers Hope to Battered Crypto Bulls

Bitcoin's price action since late April seems to have bullish undertones.

Trading screen.

Markets

First Mover Americas: Bitcoin Drops Below $56.5K on Risk-Off Day

The latest price moves in crypto markets in context for Sept. 11, 2024.

BTC price, FMA Sept. 11 2024 (CoinDesk)

Markets

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.

Alta Novella's turbine room with 40 ASIC bitcoin miners.

Markets

Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst

The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.

Bitcoin price on Sept. 10 (CoinDesk)

Finance

Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward

The emergence of new mining rigs may have created an opportune environment for solo miners, according to CryptoQuant.

ASIC Miners (Sandali Handagama/CoinDesk)

Markets

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.

bitcoin miner (Shutterstock)

Markets

First Mover Americas: Bitcoin Rises to $57K as ETFs End Losing Streak

The latest price moves in crypto markets in context for Sept. 10, 2024.

BTC price, FMA Sept. 10 2024 (CoinDesk)

Markets

Crypto Traders Remain Cautious About Downside Risks in Bitcoin, Ether; SOL Stands Out

Options tied to bitcoin and ether show a bias for puts, according to QCP Capital.

Frustrated trader. (Getty Images)

Markets

Bitcoin Trading Volume Surged to $2.8T in January to August Period

The rise in crypto volatility has been accompanied by increased market participation in the bitcoin market, Kaiko said.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Markets

Bitcoin Retakes $57K, but Potential Positive Catalysts Are 'Sparse,' Says NYDIG

"Bitcoin might be at the whims of the broader market backdrop," wrote NYDIG's Greg Cipolaro.

(Unsplash)