Bitcoin dropped as it became clear that inflation was worse than expected in January.
Crypto-centric stocks like HOOD, IBKR, V and PYPL are likely to benefit once the Bitcoin rally resumes.
Inflation surges in January, with CPI rising 3% YoY and 0.5% MoM, exceeding expectations and dampening rate cut hopes. Markets react sharply: the U.S. dollar rises, Treasury yields jump and gold, equities, Bitcoin tumble.
Despite government subsidies and mandates, Bitcoin usage in El Salvador fell sharply, with businesses and consumers preferring U.S. dollars. Koning says Bitcoin's volatility prevents it from serving as money, as neither risk-averse nor speculative users want to spend it.
- First trial batch of SEALMINER A2 air cooled rigs have been delivered to our datacenters and are running smoothly. - Completed acquisition of 101 MW site and gas-fired power plant project in Alberta to deliver the industry's first fully vertically-integrated Bitcoin ...
It's difficult to find many assets that have performed as well as Bitcoin ( CRYPTO: BTC ) . In the past five- and 10-year periods, the world's top digital asset has rocketed 840% and 44,020% higher, respectively, even though it trades about 12% below its peak ...
Want to cut through the crypto noise? Here's what's behind the biggest crypto winners in recent months, and where they're going next.
CHICAGO, MILWAUKEE and NEW YORK, Feb. 12, 2025 ( GLOBE NEWSWIRE ) -- YieldMax™ today announced distributions for the YieldMax™ Weekly Payers and Group D ETFs listed in the table below. Performance data quoted represents past performance and is no guarantee of future results.
"The Macro Strategy will serve as a robust financial backbone for WLFI," the project said in its announcement.
The total value of all cryptocurrencies in circulation hit an all-time high of $3.9 trillion in December, thanks mostly to solid gains in Bitcoin ( CRYPTO: BTC ) , which makes up more than half of that value on its own.
If you're thinking about investing in Ethereum ( CRYPTO: ETH ) , you're probably a bit confused right now. Despite all the pro-crypto sentiment surrounding the Trump administration, Ethereum is down 27% year to date ( as of Feb. 11 ) .
Temperatures have cooled somewhat in the "crypto summer" we've been experiencing. However, don't bet on a full-blown change of seasons. There could still be plenty of room for the top cryptocurrencies to run.Bitcoin ( CRYPTO: BTC ) and XRP ( CRYPTO: XRP ) ( ...