In the crypto market, bold predictions aren’t just talk – they’re backed by real dollars, often through option plays that resemble lottery tickets offering outsized upside for relatively small costs. The stand-out as of writing is the Deribit-listed $300,000 strike bitcoin call option expiring on June 26. Theoretically, this call is a bet that BTC’s […]
Wall Street analysts are standing firmly behind Strategy’s (MSTR) aggressive escalation of its bitcoin (BTC) acquisition strategy after the company unveiled plans to double its capital-raising ambitions. “While the number of companies that have sought to replicate Strategy’s bitcoin acquisition strategy has continued to grow rapidly … MSTR yesterday issued a reminder of the extent […]
Bitcoin (BTC) fell early in the U.S. trading session, but mostly held firm as poor macroeconomic news rolled in. The top cryptocurrency late in the day was trading just below $95,000, up 0.5% over the past 24 hours. The CoinDesk 20 — an index of the top 20 largest cryptocurrencies by market capitalization excluding memecoins, […]
Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can expect per unit of computing power, denoted by per petahash (PH/s). It can be denominated […]
The ongoing U.S.-China trade war is likely to bring down inflation in the U.S. economy, key sections of the financial market indicate, offering bullish cues to risk assets, including bitcoin (BTC). In his inaugural address on Jan. 20, President Donald Trump promised to “tariff and tax foreign countries to enrich our citizens,” and then fired […]
Tariffs and trade tensions could ultimately be positive for bitcoin (BTC) adoption in the medium term, asset manager Grayscale said in a research report Wednesday. Higher tariffs result in stagflation— stagnant economic growth coupled with inflation — which is negative for traditional assets, but positive for scarce commodities such as gold, the report said. Bitcoin […]
“Decoupling” and “safe haven” began to be used late last week as bitcoin (BTC) held its own despite the continuing tumble in stock markets in response to President Trump’s sweeping tariffs against U.S. trading partners. Bitcoin bulls, though, may have spoken too soon. With stock trading closed for the weekend, fearful investors turned to the […]
By James Van Straten (All times ET unless indicated otherwise) Liberation Day is done, and markets finally have clarity on U.S. tariffs. Starting April 5, all U.S. trading partners will face a minimum of a 10% import tariff, with higher, country-specific tariffs kicking in on April 9 for about 60 countries. President Donald Trump introduced […]
CoinShares’ Valkyrie Bitcoin Mining (WGMI) exchange-traded fund (ETF) is the worst-performing ETF of 2025, down 43% year-to-date, according to Senior Bloomberg ETF analyst Eric Balchunas. The ETF is made up of several publicly traded bitcoin (BTC) miners. IREN (IREN) is the largest holding at 15%, which is down 42%. Core Scientific (CORZ) follows with a […]
Bitcoin mining company MARA Holdings (MARA) is launching a fresh $2 billion stock offering to buy more bitcoin, continuing its plan of buying BTC in the open market through capital raise while sticking to its “Hodl” strategy. According to a Form 8-K and a new prospectus filed with the U.S. Securities and Exchange Commission (SEC), […]
Crypto traders are used to seeing a price surge in non-serious cryptocurrencies such as dogecoin (DOGE) as a sign of market froth. Now it looks as though XRP, the payments-focused cryptocurrency, can also be used as an indicator for bull-market peaks in bitcoin (BTC). Unlike meme tokens like DOGE and shiba inu (SHIB), XRP has […]
GameStop (GME) has added its name to the quickly-growing roster of publicly-traded companies adopting a bitcoin treasury strategy. Alongside its fourth quarter earnings report, the company said its board unanimously approved adding bitcoin as a treasury reserve asset. CEO Ryan Cohen in early February got tongues wagging when he posted a picture of himself and […]