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Bitcoin (BTC) has struggled to stay above the crucial psychological threshold of $20,000 this week. The largest cryptocurrency has faced pressure – along with other risky assets including stocks – from hawkish chatter by monetary officials. On Tuesday, bitcoin dropped to as low as $18,559, which was its lowest price
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The chief executive officer of Robinhood Markets (HOOD), the brokerage whose stock has lost about three-quarters of its value since its debut last year, tried to shut down speculation Wednesday that his firm might become a takeover target of crypto giant FTX. Source
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The potential cash crunch means opportunity for those with capital, said Bitfarms' Morphy. “A lot of companies that were looking for SPACs and IPOs to fund their growth have not taken place. As a result, there's going to be some pretty neat opportunities, we think, this year, next year and
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The price of bitcoin continues its rise ahead of next week’s anticipated halving. That event is trending as a topic on social media, even as few appear to be considering what may happen after it's over.At press time bitcoin (BTC) was trading up 6.5% over 24 hours, currently at $9,882.
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As central bank digital currencies (CBDCs) march into view, a privately-run version of digital fiat is adding a key tech partner.Utility Settlement Coin (USC), the blockchain-based payments system involving commercial and central banks, will be working with ConsenSys-backed startup Adhara, CoinDesk has learned. Adhara was behind Project Khokha, which used
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