Bitcoin News
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
Winklevoss Twins' Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi
His donation is the first bitcoin gift that the college has received, and will fund new business programs.
First Mover Americas: Bitcoin Reclaims $59K as Traders Anticipate 50-Bps Fed Rate Cut
The latest price moves in crypto markets in context for Sept. 17, 2024.
Bhutan, Tiny Country With $3B GDP, Holds Over $780M in Bitcoin
Bhutan’s state-owned Druk Holdings touts digital assets as one of its focus investment groups.
Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.
Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance
The company just days ago announced the purchase of $1.1 billion worth of bitcoin, bringing its holdings to 244,800 tokens.
ETH/BTC Ratio Slid to Lowest Since April 2021
The ether/bitcoin trading pair dipped below 0.04 late Sunday, reaching its lowest level since April 2021. The drop signals a decline of investor interest in ether relative to bitcoin. CoinDesk's Benjamin Schiller presents the "Chart of the Day."
Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says
U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.
El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025
Bukele spoke during the commemoration of 203 years of El Salvador independence.
Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters
Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there's a significant change in investor sentiment or regulatory clarity that might favor riskier assets.
