Bitcoin News (BTC)

Bitcoin Mining Profitability Drops 5% as Hashrate Hits New Highs

Bitcoin mining profits dropped by 5% in August due to a higher network hashrate. A one exahash-per-second (EH/s) mining fleet earned about $55,000 per day,...

Trump-Fed Showdown Roils Bitcoin, Crypto, and Stock Markets

Donald Trump has continued his criticism of the Federal Reserve and its chair, Jerome Powell, raising concerns across Bitcoin, crypto, and stock markets. The price...

US Bitcoin ETFs See Record $2.3B Inflows as Institutions Buy

U.S. spot Bitcoin ETFs recorded about $2.3 billion in inflows from September 8 to 12. BlackRock and Fidelity captured the largest share of investments. Daily inflows...

Bitcoin Eyes $115K Weekly Close as Fed Rate Cut Hopes Lift Markets

Bitcoin nears $115,000 approaching the weekly close, amid a key week for macroeconomic events.Analysts say Bitcoin must finish above $114,000 this week to remain...

Capital Group’s $1B Bitcoin Stock Bet Soars to Over $6 Billion

Capital Group has increased its investments in Bitcoin-related stocks from $1 billion to over $6 billion.Portfolio manager Mark Casey led the shift, focusing on...

Wall Street Veteran: US Banks to Boost Bitcoin Allocations in 2024

Financial institutions in the U.S. are expected to increase Bitcoin allocations by the end of the year.Surveys and reports indicate growing institutional interest in...

Trump Threatens Fed Independence, Shocks Bitcoin and Markets

Donald Trump has repeatedly criticized the U.S. Federal Reserve and its chair, Jerome Powell, impacting Bitcoin, crypto, and stock markets. The price of...

US Government Likely to Form Strategic Bitcoin Reserve by 2024 End

Potential U.S. Strategic Bitcoin Reserve announcement expected by the end of 2025, according to Galaxy Digital.The U.S. government has begun early steps, including an...

Latest news

North Korea arrests crypto laundering bank hackers

North Korean authorities arrested a group of former state cyber operators and IT specialists for allegedly Hacking the country's...

Morgan Stanley hikes Apple stock target to $364, sees 13% ROI

Apple stock opened Friday at $321 after a 1.30% decline, as tech stocks face pressure over rising AI capital...

Peter Schiff warns Bitcoin break below $50,000 could trigger crash to $20,000

Peter Schiff warned that Strategy's Bitcoin-driven capital structure promotes “excessive speculation” and could leave common shareholders with nothing.Schiff reiterated...