Frances Yue

Frances Yue

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Markets

Bitcoin Mining Difficulty Records Largest Drop in History, Price Jumps

Miners who remain operational are likely to become even more profitable over the coming weeks.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Markets

Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks

The cryptocurrency is expected to hold support above $30,000.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Bitcoin Under Pressure Despite Improving Sentiment

Bitcoin sentiment is improving despite profit taking into July.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June

The outperformance came despite a negative month for the leading cryptocurrency by market cap.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Hashrate Stabilizes After China Crackdown

The majority of the reduction stemmed from China's move to shut down cryptocurrency mining operations in the country, with a little bit from Iran.

Greenidge Mining center

Markets

Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind

Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning

Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Mining Hashrate Drops to 1-Year Low; Difficulty Set for 25% Decrease

Concerns about the extent of the China crackdown have contributed to the past months' decline in bitcoin's price to about $34,200.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Markets

Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues

The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin in Recovery Mode Ahead of Options Expiry

Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.

Bitcoin 24-hour price chart

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