JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC). “Bitcoin itself has no intrinsic value,” he said in an interview with CBS News on Sunday. “It’s used heavily by sex traffickers, by money launderers, ransomware. So I just don’t [...]
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy and Semler Scientific (MSTR). Michael Saylor's MicroStrategy (MSTR) has increased its bitcoin (BTC) holdings for the tenth consecutive week. In the week ending Jan. 12, MicroStrategy purchased 2,530 BTC for $243 million, bringing its total holdings to 450,000 BTC. [...]
New records continue to be set in the bitcoin (BTC) ecosystem, which has seen the mining difficulty adjustment rise to a new all-time high of 110.45T (trillion). 110.45 trillion means that the difficulty is approximately 110.45 trillion times harder than it was at the time of Bitcoin's genesis block. The [...]
Bhutan, a small country in South Asia, is making big waves in the crypto world. The Kingdom, which populates roughly 770,000 people and lies between India, China and Nepal, just made headlines after one of its cities adopted a crypto reserve strategy. This includes bitcoin (BTC), ethereum (ETH), and Binance’s [...]
U.S.-listed bitcoin (BTC) miners accounted for 25.3% of the global network in December, Jefferies said in a research report on Thursday. The bank cut its price target for MARA Holdings (MARA) to $20 from $24, while maintaining its hold rating on the stock. The shares rose 0.5% to $18.43 during [...]
For the outside world, bitcoin (BTC) dropping $10,000 to $92,000, in a matter of days could signal the end of the bull run. A caveat to this could be that bitcoin continues to consolidate below a key psychological $100,000 threshold. Unconfirmed reports from DB News suggest that the Department of [...]
Since the November 5 election of Donald Trump to the U.S. presidency, bitcoin (BTC) is up around 47%, sharply outperforming the S&P 500's 4% advance. The incoming president, of course, has made clear his friendliness towards bitcoin and crypto. Also worth consideration is the Republican sweep of the Senate and [...]
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR) and Semler Scientific (SMLR). As interest in digital assets continues to rise, a new phase of corporate adoption for Bitcoin appears to be taking shape, with publicly listed firms following MicroStrategy's lead by adding BTC to their balance [...]
The new year has offered no relief for Chinese assets, which continue to decline in a meltdown that could further fuel the ongoing bitcoin (BTC) bull run. The Chinese yuan (CNY) fell to 3.22 per U.S. dollar early Tuesday, reaching the lowest level since September 2023, according to data source [...]
MARA Holdings (MARA), the largest bitcoin (BTC) miner by market capitalization, said it is lending 7,377 BTC to third parties to generate a return on its holdings and cover some operating costs. In a production report released Friday, MARA did not identify the borrowers nor reveal other details regarding the [...]