Cryptocurrency

The American crypto industry had plenty to celebrate this week: Bitcoin came within inches of reaching its all-time high price, crypto ETFs rang in new milestones on Wall Street, and next week’s presidential election appears poised to boost the ecosystem regardless of who wins. You’d hardly notice, then, that it was one of the worst […]

As Bitcoin BTC$68,608 hovers around the $70,000 price level, investors and analysts debate the specific catalysts that will send markets higher. CryptoQuant founder and CEO Ki Young Ju recently explained that while stablecoin supply continues to grow, this added volume is not high enough to create significant buy-side liquidity and drive BTC prices higher. The CryptoQuant founder […]

Mt. Gox is moving its Bitcoin again. Late Thursday, the collapsed exchange moved 500 Bitcoin—worth over $35 million—to cold storage, according to data and wallet labels from blockchain tracker Arkham Intelligence. It isn’t clear why the Bitcoin was moved, and Mt. Gox didn’t immediately respond to Decrypt’s questions. But the exchange is in the long-delayed […]

A Historic Bitcoin Rise in Sight Nigel Green, CEO of financial advisory giant Devere Group, believes bitcoin could hit unprecedented highs if former U.S. President Donald Trump wins the upcoming U.S. presidential election. Green stated on Tuesday: A Trump victory could be the catalyst that pushes the world’s first and largest cryptocurrency into uncharted territory […]

Governments looking to ban bitcoin (BTC) mining for environmental reasons should think twice — it could backfire. That’s the conclusion from a new academic paper by crypto research firm Exponential Science, published on Thursday and titled ‘The Unintended Carbon Consequences of Bitcoin Mining Bans: A Paradox in Environmental Policy.’ The paper’s findings? In some jurisdictions, a blanket bitcoin mining […]

Cryptocurrency exchange Coinbase (COIN) late Wednesday announced that third-quarter revenue grew 78%, but still slightly below analyst estimates. Coinbase also missed Q3 earnings views. The stock retreated Thursday even as bitcoin traded near record high levels. Coinbase reported Wednesday Q3 earnings of 28 cents per share, up from a loss of 1 cent a year […]

When President Nayib Bukele promised that bitcoin would be accepted everywhere in El Salvador, it seemed like a glimpse into the future—a world where cryptocurrency would be woven into everyday life. But after a week there, I found a different reality. Not a single business accepted my bitcoin. In September 2021, El Salvador became the […]

Bitcoin, Gold Prices Poised for Upside? JPMorgan Weighs Trump-Driven Potential JPMorgan analysts, led by managing director Nikolaos Panigirtzoglou, indicated in a Wednesday report that a possible Donald Trump win in the upcoming U.S. presidential election could enhance retail interest in bitcoin and gold. They noted: Retail investors appear to be embracing the ‘debasement trade’ in […]

MicroStrategy Inc. has hired banks to help it raise $42 billion through the sale of new shares and fixed income to buy more Bitcoin after a flurry of deals over the past year. The enterprise software maker, co-founded by Chairman Michael Saylor, hired a handful of banks to sell stock through a so-called at-the-market offering […]

As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days. A Strong Growth In Bitcoin Futures Premium Bitcoin‘s futures annualized premium, a crucial metric that often gives bullish signals, […]