"Decoupling" is back, but not in the way bitcoin (BTC) bulls would like. After "Black Monday" never materialized in the U.S., stocks on Tuesday are flying higher, but bitcoin is headed in the opposite direction. Roughly two hours into the U.S. trading day, the Nasdaq is ahead 3% and the [...]
"Decoupling" is back, but not in the way bitcoin (BTC) bulls would like. After "Black Monday" never materialized in the U.S., stocks on Tuesday are flying higher, but bitcoin is headed in the opposite direction. Roughly two hours into the U.S. trading day, the Nasdaq is ahead 3% and the [...]
China eased its grip on the yuan (CNY) on Tuesday, allowing it to depreciate beyond a key level, likely in response to President Donald Trump's aggressive tariffs. Crypto analysts anticipate that the yuan's depreciation could favor bitcoin (BTC), drawing parallels to similar events from a decade ago. Early Tuesday, the [...]
Pierre Rochard, who calls himself a “bitcoin maximalist OG,” first discovered Bitcoin in 2012 while studying at UT Austin. With interests in Austrian economics and open-source software, he was “captivated” by bitcoin as the intersection of both. He became an early thought leader, co-founding the Satoshi Nakamoto Institute to house [...]
Disclosure: The author of this story owns shares in Strategy (MSTR). As the crypto market's correction kicks off, days after traditional financial markets started reacting to President Donald Trump's tariffs, bitcoin (BTC) slumped to its lowest level in five months, dropping to as low as $74,500 and marking a full [...]
Crypto majors are reeling from a wave of volatility, with XRP, Cardano (ADA), and Dogecoin (DOGE) plunging below key technical support levels early on Monday. Macroeconomic uncertainty stemming from a global tariff war — dubbed an “economic nuclear war" by hedge fund manager Bill Ackman — is reeling markets from [...]
President Donald Trump’s reciprocal tariff unveiling had led to a $5.4 trillion U.S. equities market wipeout in just two days as the S&P 500 index dropped to its lowest level in 11 months and the Nasdaq 100 entered bear market territory. Yet, amidst the chaos, cryptocurrency prices are showing resiliency, [...]
Ryan Cohen, the chairman and CEO of video retailer GameStop (GME), increased his stake in the company following the firm's decision to add bitcoin (BTC) as a treasury reserve asset. According to a Thursday filing to the U.S. Securities and Exchange Commission (SEC), Cohen acquired an additional 500,000 shares of [...]
The U.S. stock-market slide prompted by President Donald Trump's global tariff announcement on Wednesday sent the Nasdaq Composite Index into one of its biggest funks since the start of the century. The tech-heavy index lost 5.5% on Thursday, just outside the top 20 worst single-day drawdowns since 2000, according to [...]
Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations. Aaron Forster, the company’s director of business development, joined in October 2021, and [...]