When markets get tough, as crypto did in late January, investment firms need all the help they can get to make the right decisions quickly. It is therefore not surprising that many are turning to AI, the shiniest new weapon in the arsenal, to analyze and suggest ways to minimize losses and even make money. […]
AI is no savior when markets get tough… but it can help, says Nickel Digital boss Read More »
For the first time in nearly a month, US bitcoin exchange-traded funds (ETFs) recorded back-to-back net inflows, snapping a redemption streak that stretched back to mid-January. According to SoSo value data, the consecutive inflow shift began on Friday with $471.1 million in fresh capital, followed by $144.9 million on Monday. This comes as bitcoin rebounded
US BTC ETFs record back-to-back inflows for first time in a month Read More »
Bitcoins BTC$69,760.35 sharp recovery from last week’s plunge towards $60,000 has been accompanied by a subtle but important shift in a closely watched indicator of US demand. The Coinbase Bitcoin Premium Index — which tracks the price difference between bitcoin traded on Coinbase and the global market average — has rebounded sharply from deep negative
Bitcoin’s US demand signal flickers back after crash Read More »
Bitcoins BTC$69,320.81 the rebound from last week’s sales is already running into a wall. After briefly slipping into the low-$60,000s in a capitulation-like move last week, the largest cryptocurrency rallied back toward the $70,000 level over the weekend, but momentum has since faded. That stall has traders reframing the rejection as a classic bear market
BTC faces new resistance near $71,000 Read More »
Speaking on CoinDesk Live at the Ondo Summit in New York City, former House Financial Services Chairman Patrick McHenry and White House Counsel Patrick Witt said a comprehensive crypto market structure bill could pass within months. Latest developments: Optimism is rising across Washington and the industry. McHenry and Witt discussed the growing momentum for landmark
McHenry predicts quick crypto deal as Witt brokers talk Read More »
The brief, partial shutdown of the US government paid for the report on the employment situation due on Friday; it’s coming this week instead. Watch for the non-farm payrolls bell report on Wednesday. The world’s largest economy is expected to have added 70,000 jobs last month, more than in December, while the unemployment rate is
Coinbase, Robinhood Earnings, US Jobs Report: Crypto Week Ahead Read More »
By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$70,412.70 has pulled back nearly 2.5% in the past 24 hours after failing to hold on to gains made during an end-of-the-week rally that pushed it back up to $71,000. The pullback followed a turbulent few days that saw the cryptocurrency fall as low as
President Donald Trump’s US Bitcoin BTC$70,533.82 reserve does not exist yet and there is no mechanism in the federal government for the wholesale purchase of crypto. Keep that in mind as you consider this weekend’s speculation about the price point that would prompt the White House to hit a buy button, thanks in large part
Farcaster co-founders Dan Romero and Varun Srinivasan said Monday they are joining stablecoin-focused startup Tempo, signaling a pivot away from crypto-native social media and toward blockchain-based payments. The move follows last month’s acquisition of Farcaster by Neynar, a longtime infrastructure provider for the protocol that offers APIs and tools for developers building on the network.
Dan Romero and Varun Srinivasan join Tempo Read More »
Morgan Stanley initiated coverage of three listed bitcoins BTC$70,411.45 mining companies on Monday backing two names linked to data center leasing while taking a more cautious stance on a miner focused on bitcoin exposure. Analyst Stephen Byrd and his team initiated coverage of Cipher Mining (CIFR) and TeraWulf (WULF) with overweight ratings and set price
Morgan Stanley backs Cipher (CIFR) and TeraWulf (WULF) but is cool on Marathon (MARA) Read More »
