Bitcoin miners' daily revenue and gross profit rose for the second consecutive month in December, hitting the highest levels since April, JPMorgan said in a research report on Monday.Mining profitability increased as the rally in the world's larges
Bitcoin , the leading cryptocurrency by market value, surged 121% last year to cross the six-figure mark, outshining traditional assets. However, this performance falls short in comparison to Pythagoras Investment Management’s Alpha Long Biased Strat
A return to markets after the holidays and anticipation of Donald Trump’s inauguration as U.S. president is building bullish sentiment for bitcoin and the broader crypto market.The asset is up 10% in the past week, retaking the $102,000 level late Mo
FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and FTX employees.FTX EU, which held a MiFID II-license under
Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier, if a successor is confirmed — according to a Monday announcement from the Federal Reserve.Barr will continue to serve as a
Five years after COVID-19 sparked a global remote-work revolution, the pendulum seems to be swinging back. Some of the very companies that once embraced remote work, like Amazon and X (formerly Twitter) are now asking employees to return to the offic
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3671.0, down 0.2% (-6.46) since 4 p.m. ET last Friday.10 of 20 assets are trading
Yat Siu has seen a lot in his decade of investing in crypto as a venture capitalist.The Hong Kong-based venture studio and game developer Siu co-founded, Animoca Brands, has grown to be one of the most powerful names in Web3 culture, with data provid
Bitcoin's price is back in the six-digit territory as the largest cryptocurrency extended its early 2025 bounce on Monday.BTC advanced towards $100,000 earlier during the trading session, then broke sharply above the threshold, rising 2.5% in an hou
Canadian Prime Minister Justin Trudeau's announcement on Monday that he's stepping down could clear a path for a less crypto-resistant government there, though the provincial governments have a leading role in determining Canada's digital assets futu
Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy .MicroStrategy has increased its bitcoin holdings for the ninth consecutive week.MicroStrategy holds more bitcoin than any other publicly traded company. In the week ending J
Incoming U.S. President Donald Trump is widely expected to be a positive catalyst for the crypto market, but his promises are already bumping business for locally-based crypto firms.Financial firm Ripple Labs, which offers payment rails and the RLUSD
MARA Holdings , the largest bitcoin 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
Bitcoin market trends indicate expectations for prices to reach record highs following President-elect Donald Trump’s inauguration on Jan. 20.On Saturday, a trader on crypto exchange Deribit spent over $6 million to purchase the $100,000 strike call
Two of the biggest corporate bitcoin holders plan to continue adding more BTC to their already sizeable coffers.Per tweets over the weekend, Bitcoin development firm MicroStrategy plans to raise up to $2 billion through preferred stock offerings to
A SOL market dynamic that characterized the March 2024 price top has reappeared, clouding the token's bullish technical outlook.Last week, centralized exchanges recorded a hefty net inflow of $227.21 million in SOL, the token powering Solana's smart
Rep. Mike Johnson (R-Louisiana) will get to keep the big gavel after his fellow Republicans voted to re-elect him House Speaker on Friday afternoon.Johnson, who has been publicly backed by President-elect Donald Trump, was able to garner the minimum
As the co-founder and general partner at early stage venture capital fund Race Capital, Edith Yeung has had a front-row seat on the development of the crypto sector, particularly in Hong Kong, where she was born and raised. Most notably, she was a se
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3594.2, up 1.8% (+64.6) since 4 p.m. ET on Thursday.19 of 20 assets are trading h
The bitcoin mining industry was shaken up in the last months of 2024 by the sudden entrance of a new player: Cango (CANG), a Chinese firm that specializes in providing loans to automobile buyers.Based in Shanghai and valued at $363 million on the st