Bitcoin


Finance

Bitcoin Mining Profitability Rose in June as Market Adjusted for the Halving: Jefferies

U.S.-listed mining companies produced a greater share of bitcoin in June than May as they brought on new capacity while the network hashrate dropped, the report said.

A photo of four mining rigs

Markets

CoinDesk 20 Down 7%, Bitcoin Sinks by 5% as Asia Trading Week Begins

Nearly $175 million in long liquidations as broader market contracts

(CoinDesk Indices)

Markets

Bitcoin ETF Investors Bought the Dip on Friday, With Inflows Topping $140M

The price of the world's largest crypto has seen a very modest bounce since tumbling below $54,000 early Friday.

(Getty Images)

Markets

Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin Traded at $17K in Early 2023

The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the opposite direction.

Edvard Munch's "The Scream" (Art Institute of Chicago)

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U.S. Adds 206K Jobs in June; Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the U.S. Bureau of Labor Statistics reported the addition of 206,000 jobs in the month of June. Plus, Mt. Gox said that it started making repayments to customers after a near 10-year wait. And, U.S. crypto-adjacent stocks drop as bitcoin crashed to the lowest level since February.

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Markets

U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021

Bitcoin dipped a hair on the news but prices had already crashed over the past 48 hours as markets dealt with a crush of new supply.

The government's jobs report for January was released Friday (David McNew/Getty Images)

Markets

First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments

The latest price moves in crypto markets in context for July 5, 2024.

BTC price, FMA July 5 2024 (CoinDesk)

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Markets

Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms

“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

Markets

U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps

Bitcoin traded around $54,400 in Europe, a 24-hour drop of 5.8%, having earlier fallen to the lowest level since late February

16:9 Market decline (Mediamodifier/Pixabay)

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