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Bitcoin
Bitcoin Wins No Matter What the Fed Does: Arthur Hayes
Will the Federal Reserve stop raising interest rates next month? For Bitcoin investors, the answer may not actually matter.
According to BitMEX co-founder Arthur Hayes, Bitcoin’s price and inflation will rise in tandem…
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Musk’s alleged price manipulation, the Satoshi AI chatbot and more
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Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit
A group of Dogecoin investors has requested leave to amend a class-action lawsuit against tech entrepreneur…
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US Debt Ceiling Bill Drops Crypto Tax in Last-Minute Twist
In a dramatic turn, the United States debt ceiling bill recently received approval from the House, effectively sidestepping the contentious topic of crypto taxation.
Initially met with significant pushback from President Joe Biden and…
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CleanSpark Scoops Up 12,500 Bitcoin Mining Machines for $40.5 Million
Sustainability-focused Bitcoin mining firm CleanSpark is expanding its ASIC fleet by 12,500 units after investing $40.5 million into new hardware.
The added equipment is projected to bring CleanSpark’s total hash rate…
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Blackrock CEO issues dire warning over ‘debt ceiling drama’ — Bullish for Bitcoin?
Blackrock CEO Laurence Fink believes the recent “drama” around the United States debt ceiling has deteriorated global trust in the U.S. dollar, something that other analysts predict could provide some tailwinds for Bitcoin (BTC).Fink’s…
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Ron DeSantis and Robert F. Kennedy Jr.?
In the upcoming 2024 US presidential race, two candidates emerged as leading cryptocurrency advocates: Florida Governor Ron DeSantis and Robert F. Kennedy Jr. But only one could become the first Bitcoin president in the US.
These…
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Volatility Ahead as Bitcoin (BTC) Set to Move Out of Equilibrium: Glassnode
In its weekly on-chain report, analytics provider Glassnode cautioned that there is likely to be a big move ahead for BTC following a period of low volume and volatility.
“Given the extremely low volatility, and narrow…
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Why US Employees Are Ditching Their 401(k) Plan for Bitcoin
Traditional retirement savings in the United States predominantly revolve around the 401(k) plan. However, many US employees are reassessing this conventional path for various reasons as an unexpected contender arises. Bitcoin, the…
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Dip Buying Sentiment Slides as Bitcoin Drops to Long-Term Support
On May 26, on-chain analytics provider Santiment observed that Bitcoin traders often buy short-term, small crypto price dips but have been scared to buy the longer-term bigger ones.
It added that mentions of buying the…
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Bitcoin miner Canaan’s net loss slightly improved in Q1 amid market turbulence
Chinese Bitcoin mining company Canaan reported slight improvements in some of its financial metrics in the first quarter of 2023. The progress, however, is still far behind where it was last year in this period.According to an unaudited…
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