Bitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slippingRead More…
It’s a lethargic Thursday across most markets, including bitcoin. Yet, on a longer-term view, the big growth story remains the Ethereum network’s DeFi movement, which continues to help drive ether’s performance inRead More…
Tuesday’s bitcoin price whipsaw can be partially explained by large traders looking to deleverage in the derivatives market. Bitcoin (BTC) was changing hands around $9,512 as of 20:00 UTC (4 p.m. ET),Read More…
Bitcoin’s steady price gains over the past few days ended Friday. With the halving in the rearview mirror, cryptocurrency traders could consider the impact of a continued global economic slowdown after newRead More…
CoinShares’ chief strategy officer Meltem Demirors shared her view on how the latest crisis in the oil market will impact the ever-changing narratives around Bitcoin. Changing narratives According to Demirors, the recentRead More…
Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency. At press time, the world’s largest cryptocurrency was up just 1% overRead More…
The oil markets rebounded somewhat from the stunning, historic lows that started the week. Prices for a barrel of West Texas Intermediate (WTI) have remained generally above $10 Wednesday, with trading up 9Read More…
The few North American bitcoin miners who’ve built their businesses around fossil-fuel extraction are watching the oil markets with more excitement than fear, they say, as oil prices sink to historic lows.Read More…
Shares of cryptocurrency mining firm Hut 8 Mining Corp. (TSX:HUT) surged 32 percent with unusually high trading volume on the Toronto Stock Exchange Friday. The huge, surprising bounce for the stock arrivesRead More…
Standard Chartered Bank has announced the successful completion of the first international letter of credit (LC) transaction on the oil industry-focused blockchain platform Voltron. In an announcement Wednesday, the bank said itRead More…