Bitcoin News

Bitcoin News

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Bitcoin Mining Difficulty Hits All-Time High as Mining Revenue Rises; Signals Upcoming Bull Run

Bitcoin mining difficulty jumps 3.9%, hits 95.67T on Tuesday, amid record hashrate.

Miner Revenue vs Yearly Average (Glassnode)

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Bitcoin Is Going to $80K Regardless of Trump or Harris Win, Traders Say

There are skewed expectations of a Republican win as better for bitcoin. However, some say the asset is poised to go higher either way as several macroeconomic factors weigh in.

Trump and Harris debating on CNN. (Sam Reynolds/CoinDesk)

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Bitcoin Exchange River Financial Allowing Users to Earn BTC Interest on Cash Deposits

Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning user deposits are protected up to the value of $250,000

River (hunter-er/Pixabay)

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Paul Tudor Jones: 'All Roads Lead to Inflation;' He's Long Bitcoin and Gold

The U.S. government's debt and deficit issues aren't going anywhere no matter who wins the presidency next month, said Jones.

Paul Tudor Jones (Kevin Mazur/Getty Images)

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More Than Arbitrage: $2.5B Inflow in Spot BTC ETFs Features Bullish Directional Bets

Institutions seem to be moving away from traditional cash and carry arbitrage to pure directional plays, according to observers.

(Aaron Burden/Unsplash)

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First Mover Americas: BTC Revisits $67K on Leverage Flush, APE Options Fly

The latest price moves in crypto markets in context for Oct. 22, 2024.

BTC price, FMA Oct. 22 2024 (CoinDesk)

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Bitcoin’s $4.2B October Options Expiry May Increase Short-Term Volatility

Approximately 16% ($682 million) of the notional value in bitcoin that is set to expire is currently “in the money.”

Open Interest by Strike Price (Deribit)

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Bitcoin Pulls Back Below $67K; Is Another Crypto Rally Failing?

It's been an excruciating seven-plus months for the bulls as upside price breakouts have continually been reversed.

Bitcoin price on Oct. 21 (CoinDesk)

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First Mover Americas: BTC Peeps Above $69K as Macro Favors Bulls

The latest price moves in crypto markets in context for Oct. 21, 2024.

BTC price, FMA Oct. 21 2024 (CoinDesk)

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Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks

Bitcoin's seven-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.

A Bitmain Antminer s9 board in a bitcoin mine in Norway. (Eliza Gkritsi/CoinDesk)