Frances Yue

Frances Yue

Latest from Frances Yue


Markets

Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger

Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Back Above $30K in Volatile Trading Session

Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.

Bitcoin 24-hour price chart

Markets

MicroStrategy’s Most Recent Bond Drops Below Par as Bitcoin Sells Off

The price on the $500 million bond has fallen by almost three points.

MicroStrategy CEO Michael Saylor.

Finance

Amber Group Valued at $1B in $100M Funding Round

The crypto financial services firm said it plans to use the funding to expand its global operations.

jack-b-h4hblnE_MqU-unsplash

Markets

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin’s "death cross" could increase selling pressure into the weekend.

Bitcoin 24-hour price chart

Markets

US Government to Auction Off Seized Litecoin Alongside Bitcoin

Uncle Sam is now selling litecoins it obtained for tax nonpayment.

Uncle Sam will auction off litecoins seized due to nonpayment of taxes.

Markets

Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement

Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023

The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.

Bitcoin 24-hour price chart

Markets

Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown

The Bitcoin network's processing power could rebound if miners relocate to other locales, one analyst predicts.

Bitcoin mining rigs

Markets

Market Wrap: Attempts to Push Bitcoin Above $40K Stall

Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.

Bitcoin 24-hour price chart

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