Lombard Finance’s liquid-staking bitcoin token, LBTC, will launch on the Sui blockchain on Tuesday, marking its first expansion to a non-Ethereum Virtual Machine (EVM) compatible chain. The expansion extends LBTC beyond the blockchains it currently uses, which include Ethereum, Base, and BNB chains. The token is meant to install bitcoin [...]
The European Central Bank (ECB) is expected to cut interest rates on Thursday to 2.65%, continuing its easing from a 4.5% peak amid increased volatility in bond markets. The expected easing comes as markets reprice at least three Fed rate cuts for 2025 and Germany and China take the fiscal [...]
U.S. President Trump's announcement last weekend about the formation of a strategic crypto reserve in the U.S. is bullish despite the market's subsequent reaction, asset manager Bitwise said in a research report Tuesday. Crypto markets soared following the news, but by Monday had given back all these gains. Bitwise noted [...]
Led by President Nayib Bukele, El Salvador apparently has no intention of stopping its accumulation of bitcoin (BTC) no matter what the IMF demands. "'This all stops in April.' 'This all stops in June.' 'This all stops in December.' No, it’s not stopping," Bukele posted on X on Tuesday afternoon. [...]
A big Tuesday reversal in risk markets has seen bitcoin (BTC) climb nearly 10% from its weakest level of the session and the Nasdaq move into the green after being lower by nearly 2% earlier in the day. Buffeted about by Trump's tariff threats for weeks, stocks and crypto initially [...]
One might think that virtually all Bitcoiners would be thrilled about the notion of the U.S. government acquiring BTC (and perhaps a basket of other cryptoassets) and effectively ratifying it as a global asset of consequence. However, I count myself among the few holdouts who don’t see the development as [...]
The total market cap of the 14 publicly-listed U.S. miners that Wall Street bank JPMorgan (JPM) tracks dropped 22% in February as the bitcoin (BTC) price declined and mining economics came under pressure. Bitcoin miners with high performance computing (HPC) exposure fell following the DeepSeek artificial intelligence (AI) announcement, and [...]
"Ask for 1,000 to settle at 500." This classic real estate negotiation strategy involves starting with an extreme demand, creating leverage over the counterparty to ultimately seal the deal at a lower price, which was your intended goal all along. U.S. President Donald Trump, formerly a real estate tycoon, is [...]
Tom Lee, CIO of Fundstrat, recently spoke with CNBC, suggesting that the broader market may be nearing a bottom, potentially as soon as this week. Lee's outlook comes amid economic uncertainty as President Trump navigates his first 100 days in office. Several factors are contributing to market volatility, including the [...]
Bitcoin mining firm Hut 8 took $331 million in net income in 2024, according to the company’s latest financial report. The firm benefited significantly from the rise in bitcoin’s price over the year. Hut 8 finished the year with a reserve of 10,171 bitcoin (BTC), worth approximately $905 million at [...]