Cryptocurrency

Strive Enterprises, an asset management firm co-founded by former United States presidential candidate Vivek Ramaswamy, announced a new wealth management unit on Nov. 1 that integrates Bitcoin into client portfolios. “A key part of this business will include a focus on integrating Bitcoin into standard portfolios of everyday Americans as a hedge against risks Strive […]

Crypto market liquidations almost hit $350 million as Bitcoin briefly dipped below $69,000, with traders seeming jittery in the lead-up to the United States presidential election on Nov. 5. In all, $349.8 million was liquidated across $259.7 million long bets and $90.1 million short bets on Nov. 3, according to CoinGlass. It was the biggest day of liquidations since […]

The price of Bitcoin could swing at least 10% depending on which United States presidential candidate wins the election on Nov. 5, according to a trader, as Bitcoin volatility recently jumped to its highest point in three months. In a Nov. 4 post, pseudonymous trader Daan Crypto Trades told his 389,000 X followers that Bitcoin’s BTC$68,863 weekly close […]

Bitcoin‘s recent price action has sent ripples through the cryptocurrency market, raising concerns among investors as the leading digital asset undergoes a significant correction. After an impressive rally, the focus now shifts to whether Bitcoin can maintain its upward momentum or will face a critical test at the $65,000 support level. As market sentiment shifts, […]

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 […]