Business – Page 126

Bitcoin Hash Rate Drops Amid US Winter Storm As Markets Draw On Mining Disruptions

A sharp drop in the Bitcoin blockchain’s hashrate, down 10% on Sunday during this week’s US winter storm, offers a real-time stress test of a concern long flagged by researchers: Mining centralization has turned local infrastructure failure into system-level risks. Hashrate is the amount of available computing power to process transactions required to keep the […]

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Bitcoin risks fourth consecutive monthly loss, a streak not seen since 2018

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Bitcoin is on course for a fourth consecutive monthly decline, a rare stretch not seen since 2018 to 2019, when the market recorded six consecutive red months. There’s still a full week of trading left in January, but bitcoin is slightly lower on the month, hovering around $87,000. The asset posted negative monthly closes in

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Bitcoin revenue windfall prompts Metaplanet to revise full-year revenue forecast upward

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Metaplanet (3350) expects its revenue to nearly double this year after a shaky end to 2025 that saw the firm take a paper loss of more than 100 billion yen ($650.6 million) over bitcoin’s sharp correction. The Tokyo-listed company revised its FY2025 full-year forecast and released its FY2026 outlook, showing operating income and sales far

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Tokenization: Think evolution, not revolution

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Tokenization: Think evolution, not revolution

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Key BTC Price Levels to Watch as Downtrend Pressure Increases

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Bitcoin BTC$87,819.72 fell as low as $86,000 when CME futures opened Sunday after the weekend break. It has since recovered slightly, although the market structure remains in a downward trend. This initial decline created a price gap that stretched as high as $89,265. A CME gap is formed when bitcoin’s spot price moves while CME

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Bold Rate Decision, Tesla Earnings, Bybit Roadmap: Crypto Week Ahead

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After weeks where bitcoin BTC$87,757.56 price has been capped mainly between $85,000 and $95,000, the crypto market may be thrown a reason to break out of dormancy on Wednesday, when the Federal Open Markets Committee sets US interest rates. May, that is. Don’t want to. The consensus, more than 97%, is for the Fed to

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Gold tops $5,000 as BTC stagnates near $87,000 in widening macro-crypto split: Asia Morning Briefing

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Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Diary Americas. Gold’s breakout above $5,000 is starting to look less like

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ASSTs preferred equity plan for MSTR’s convertible debt

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Strive (ASST), a bitcoin finance and asset management company, is using perpetual preferred equity to retire convertible debt and restructure its balance sheet, a method that may offer a template for strategy (MSTR) in the future. On Thursday, the company priced a follow-on offering of its Variable Rate Series A Perpetual Preferred Stock SATA (SATA)

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BTC Below $88,000 Ahead Of Fed Week And Big Tech Earnings

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Bitcoin slipped below the $88,000 level on Sunday as crypto markets weakened in thin weekend trading, extending a pullback that has weighed on the crypto market over the past week. BTC was trading around $87,800 in US afternoon hours, down about 2% over 24 hours, according to CoinDesk data. Ether fell towards $2,880, while solana,

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Solana’s new phase is ‘much more about finances’ says Backpack CEO Ferrante

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Solana’s latest phase looks a lot less flashy than its memecoin-powered heights, and that may be the goal. Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview that the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. After years of experimentation where the broader

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