Bitcoin – Page 51

Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says

September could be another difficult month for the miners as bitcoin remains under $60K and the network hashrate continues to rise, the report said.

Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert

Investors during late August and early September pulled roughly $1.2 billion out of the funds over eight consecutive days, the longest streak of exits so far.

Bitcoin Retakes $57K, but Potential Positive Catalysts Are ‘Sparse,’ Says NYDIG

"Bitcoin might be at the whims of the broader market backdrop," wrote NYDIG's Greg Cipolaro.

Michael Saylor Says Republicans Have More ‘Progressive’ View on Crypto, Democrats ‘Drifting to the Middle’

MicroStrategy has purchased roughly $8.3 billion worth of bitcoin since August 2020.

First Mover Americas: Bitcoin Reclaims $55K Ahead of Tuesday’s Harris-Trump Debate

The latest price moves in crypto markets in context for Sept. 9 2024.

Bitcoin Could Hit $90K by Year End if Trump Becomes President Again: Bernstein

If Kamala Harris wins, the world's largest cryptocurrency could drop to as low as $30K, the report said.

Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says

Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said.

Bitcoin Flounders Ahead of Friday Jobs Report That Might Push Fed to Slash Rates by 50 Basis Points

The U.S. central bank has indicated it will begin cutting the fed funds rate at its mid-September meeting, but the size and speed of the easing cycle is up...

Crypto for Advisors: Bitcoin and Gold, Stores of Value

The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that,...

First Mover Americas: BTC Erases Gains From Wednesday’s Brief Rally

The latest price moves in crypto markets in context for Sept. 5, 2024.