Bitcoin (BTC) mining is likely to remain profitable this year with the economics of production holding steady, Canaccord Genuity said in a research report Tuesday. The broker said mining fundamentals are strong, "with cost-to-mine sitting somewhere in the ~$26,000-$28,000 range per bitcoin for most leading players." The world's largest cryptocurrency [...]
TRUMP memecoin riches have spurred billions of dollars for the newly sworn-in U.S. President Donald Trump, an amount he termed as “peanuts” compared to corporate bigwigs in his first address of the token since launch. "I don't know much about it other than when I launched it. I heard it [...]
KULR (KULR), a maker of advanced energy-management systems, said it spent $8 million on bitcoin (BTC) to take its total holdings to 510 tokens. At a weighted average price of $101,695, that equates to almost 79 bitcoin and means the company's total investment is now $50 million. The purchase follows [...]
The FTX collapse may seem like a distant memory, when bitcoin (BTC) fell to around $15,500 in November 2022. The sentiment during the period was extreme fear, and the industry never thought it would recover. But just over two years later, bitcoin is trading over $100,000 with a new presumably [...]
The institutionalization of crypto markets means that bitcoin (BTC) is no longer considered a niche investment, and increased adoption is forcing hesitant investors to reconsider the asset class, WisdomTree said in a report Monday, which looked at crypto trends for 2025. The investment manager noted that portfolios with allocations to [...]
Deribit-listed options show a persistent bullish outlook for bitcoin relative to ether, following President Donald Trump's omission of any crypto mention in his inaugural speech on Monday. As of noon Hong Kong Time, BTC call options, which offer a bullish exposure in the leading cryptocurrency, traded pricier than ETH calls [...]
Arthur Hayes, the chief investment officer of cryptocurrency venture capital firm Maelstrom, says he doubts Donald Trump’s government will get around to creating a strategic Bitcoin reserve, a policy many crypto enthusiasts are pinning their hopes on. “I don't think Trump will get around to doing a bitcoin reserve,” Hayes, [...]
Ether (ETH) slumped Sunday to its lowest level against bitcoin (BTC) since March 2021 as the world’s second-largest token extended losses against its larger rival. One ether dropped to 0.03 BTC on Sunday, almost 50% lower than a year ago, as bitcoin soared in the run-up to U.S. President-elect Donald [...]
El Salvador shook the world in 2021 when President Nayib Bukele made bitcoin (BTC) legal tender, giving the cryptocurrency the same status as the U.S. dollar, the Central American nation’s official currency. Since then, El Salvador has constituted a bitcoin reserve worth roughly $630 million, established one of the most [...]
CoinDesk’s coverage kicked into high gear this week as crypto readied for a new presidency and a new regulatorily-friendly era. Some highlights:Senior analyst James Van Straten reported on a wave of companies buying bitcoin for their balance sheets, following a model pioneered by MicroStrategy’s Michael Saylor. Markets reporter Krisztian Sandor [...]