Bitcoin News

Bitcoin News

Markets

Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan

The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds.

(Shutterstock)

Markets

Miner Hut 8’s Bitcoin Stack Gives it Capital to Pursue Upcoming Projects, Upgrade to Buy: Craig-Hallum

The miner’s bitcoin stash is a protective feature for investors and opportunistic capital for the business to use for growth, the report said.

A Hut 8 mining facility (hut8.io)

Markets

First Mover Americas: Bitcoin Tops $66K as Interest-Rate Cuts Loom

The latest price moves in crypto markets in context for May 16, 2024.

BTC price, FMA May 16 2024 (CoinDesk)

Markets

Ether-Bitcoin Ratio Slides to Lowest Since April 2021. Here's Why

"Ether is a 'lightning rod' for negative sentiment from crypto native and external players and has several weak spots," one observer said.

ETH/BTC hits a three-year low. (TradingView/CoinDesk)

Markets

Bitcoin Has Best Day in 2 Months as Markets Anticipate a ‘Summer of Easing'

The net percent of global central banks cutting rates is increasing in a positive sign for risk assets, including cryptocurrencies.

(Giovanni Calia/Unsplash)

Markets

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally

Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

Bitcoin price on May 15 (CoinDesk)

Policy

Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma

The new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining.

Oklahoma's new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining (Unsplash)

Tech

Protocol Village: Cyber, Formerly CyberConnect, Unveils Social-Focused Layer 2 on OP Stack

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.