Bitcoin

Bitcoin holds above $16,850 as positive economic data points to further interest rate hikes

Bitcoin holds above $16,850 as positive economic data points to further interest rate hikes

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The range-bound trading witnessed in the crypto market over the past three weeks continued on Thursday after the latest economic data showed private payrolls rose more than expected last month and weekly jobless claims fell to a three-month low. Tightness in the labor market… Source link

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How Bitcoin Is Responding to the December Jobs Report – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Crypto Markets Analysis: On-Chain Data Shows Short-Term Bitcoin Holders Turning Profits – CoinDesk

Crypto Markets Analysis: On-Chain Data Shows Short-Term Bitcoin Holders Turning Profits – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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BTC Consolidates as FOMC Indicates Further Rate Hikes to Come – Market Updates Bitcoin News

BTC Consolidates as FOMC Indicates Further Rate Hikes to Come – Market Updates Bitcoin News

Bitcoin consolidated marginally below $17,000, as market volatility remained high following the recent Federal Open Market Committee (FOMC) minutes. In December’s meeting, the U.S Federal Reserve agreed to maintain hiking rates, with inflation still near historic highs. Ethereum also remained close to recent highs on Thursday. Bitcoin Bitcoin (BTC) mostly consolidated on Thursday, as price failed to break out of the key level of $17,000 yesterday. Following a high of $16,964.59 on… Source link

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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for December 2022

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for December 2022

Marathon Digital Holdings, Inc. Marathon’s Path to 23 EH/s Latest installation schedules as of January 2023. Subject to change. – Achieved a New Record in Quarterly BTC Production – Produced 475 BTC in December 2022, 1,562 BTC in Q4 2022, and 4,144 BTC In Fiscal Year 2022 – Increased Unrestricted Cash to $103.7 Million and Unrestricted Bitcoin Holdings to 7,815 BTC as of December 31 LAS VEGAS, Jan. 05, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or… Source link

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Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules – CoinDesk

Mango Markets Exploiter Must Stay Detained Pending Trial, Court Rules – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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‘Big move brewing’ for BTC price? Bitcoin may stay flat, hints analyst

Bitcoin (BTC) traders are desperate for fresh BTC price volatility, but opinions are diverging on when it will come. BTC/USD is currently seeing some of the least volatile conditions in its history, price metrics show. Volatility far from guaranteed Since the FTX crisis, Bitcoin has settled into a historically narrow trading range which refuses to budge. Despite macro triggers, low-volume holiday trading and a yearly candle close, BTC price action has stuck rigidly to a zone focused on… Source link

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First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data – CoinDesk

First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data – CoinDesk

“In the case of blockchain games, it is also necessary to consider gambling laws,” wrote Tokyo-based law firm So & Sato in a 2021 review of how Web3 gaming and the laws of Japan intersect. “Blockchain games that include incentives for users, such as the free issuance of NFTs, must further comply with the Premiums and Representations Act.” Source link

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Case for Bitcoin Investment Is Being Strengthened: Expert – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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