Bitcoin News
Hong Kong Bitcoin and Ether ETFs Have Soft Debut
The volume of crypto exchange-traded funds came in at just over $11 million.
MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
The broker cut its price target on the firm to $1,590 from $1,810, while maintaining its buy rating.
Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August
Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.
Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC
The $2.8 billion coal giant said that it is mining bitcoin with the excess power it generates.
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut
Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices.
First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears
The latest price moves in crypto markets in context for April 29, 2024.
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.
Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein
Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.
Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over
Brandt's latest view is based on a statistics concept called "exponential decay."
