Crypto ‘decoupling’ story ends as stocks follow Bitcoin’s rally
Key takeaways: Despite weak US manufacturing data, Federal Reserve liquidity plans and strong corporate earnings keep equities and crypto afloat. The total crypto market capitalization rose 8.5% since March. Cryptocurrency traders have frequently zoomed in on the need for crypto to show a clear “decoupling” from the stock market, and over the past 10 days, […]
CleanSpark faces backlash over Bitcoin mining site in Mountain City, Tennessee
Bitcoin mining firm CleanSpark has received backlash from local residents regarding its proposal to expand its mining operations in Tennessee. The proposed expansion would see CleanSpark construct a 30MW facility on a 50-acre parcel of land situated at 178 Rainbow Road in Mountain City. Mountain Electric General Manager, Rodney Metcalf, spoke up in favor of […]
UK to ban buying bitcoin on credit card; stocks rise on hopes of US-China trade talks – business live | Business
UK considers banning borrowing to buy cryptocurrencies The UK is considering banning borrowing to invest in cryptocurrencies like bitcoin, amid concerns that it could lead people into a debt spiral. The Financial Conduct Authority (FCA) shared details of a potential clampdown on cryptoassets, including forcing companies to be based in the UK if they deal […]
‘We’re building in the US’ – DL News
Block posted nearly $2.3 billion in gross profit in the first quarter. Its Proto Bitcoin chip is being built in the US to hedge against tariff risks. Full-year profit guidance was cut amid soft spending and macro pressure. Donald Trump’s roller coaster trade war has rattled Bitcoin miners and chip producers, but Block is betting […]
Bitcoin Approaches $100,000 After Breaking Through 10-Week High
(Bloomberg) — Bitcoin is fast approaching $100,000 once again, after reaching its highest level since late February, with investors’ appetite for risk being rekindled across financial markets. Most Read from Bloomberg The original cryptocurrency has faced downward pressure in recent weeks as Donald Trump’s tariff policy prompts a steep rout in both the stock and […]
Could Bitcoin Hit $1,000,000 by 2028?
At the Token2049 cryptocurrency conference in Dubai on April 30, Arthur Hayes, the co-founder of the crypto exchange BitMEX, made a bold prediction about the future of Bitcoin (BTC 1.12%). “Don’t worry,” Hayes said, “Bitcoin is going to $1 million by 2028.” He isn’t the only big figure in crypto to make similar predictions, give […]
Bitcoin price about to ‘blast’ higher as Fed rate cut odds jump to 60% — TradingView News
Key takeaways: Bitcoin holds $95,000 as Fed rate cut odds rise to 60% for June 18 and the US economy slumps. Breaking $95,000 could push BTC’s price toward $100,000, while dropping below $93,000 may bring the $84,000 back into the picture. Key Bitcoin levels to watch remain around the long-term holders’ cost basis. Bitcoin BTCUSD […]
MicroStrategy doubles down on its bitcoin bet – MarketWatch
MicroStrategy doubles down on its bitcoin bet MarketWatch MicroStrategy Loss Widens as Revenue Falls; Crypto Holdings Struggle WSJ Strategy Announces First Quarter 2025 Financial Results Business Wire Saylor’s Strategy Posts a Record Loss After Accounting Change Bloomberg.com Source link
Betworthy Picks Bitstarz as the Top
Tas-Sliema, Malta, May 01, 2025 (GLOBE NEWSWIRE) — It’s almost impossible to talk about the best Bitcoin casinos without mentioning Bitstarz. The casino has become synonymous to crypto gambling and it’s considered one of the best destinations for crypto players. Research from Betworthy, a casino testing facility, believes that it is indeed the top choice […]
5 Must-Know Risks Before You Buy Bitcoin in May
Not everyone will have the same perspective, but Bitcoin (BTC 1.31%) continues to prove that it’s a superior asset. As of this writing in the early afternoon of April 29, the world’s oldest and most valuable cryptocurrency is up 3% in 2025. That might not seem like much, but it’s better than the 6% decline […]