Private Equity Giants Are Circling Bitcoin Miners on AI Allure
Private equity firms are now looking at bitcoin miners in a much more different way after Core Scientific signed 200MW deal with CoreWeave in June,…
Category: CoinDesk
Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023
The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits…
Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates
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CoinDesk 20 Performance Update: Index Plunged, With All 20 Assets Declining
The CoinDesk 20 Index dropped by 5.7% today, with every asset posting losses and LTC and ATOM leading the declines.The CoinDesk 20 Index dropped by…
U.S. Added 206K Jobs in June, Topping Estimates for 190K
Before this morning’s jobs report, market participants put nearly 70% probability of lower rates in September, according to the CME FedWatch Tool.Before this morning’s jobs…
First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
The latest price moves in bitcoin (BTC) and crypto markets in context for July 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the…
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12…
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as bitcoin dropped to the lowest level since late February.Software…
U.S. Nonfarm Payrolls Eyed as Bitcoin Heads for Largest Weekly Loss Since FTX’s Collapse
The jobs data, due later Friday, is forecast to show that the pace of job additions in the world’s largest economy slowed sharply in June.The…
Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash
The news of the repayments added selling pressure on bitcoin and the larger crypto market after Mt. Gox announced last month its intention to start…