Bitcoin


Markets

Coal Miner Alliance Resource Dabbles In Crypto Mining, Mines 425 BTC

The $2.8 billion coal giant said that it is mining bitcoin with the excess power it generates.

(16:9 CROP) A file photo of a coal mine (Dominik Vanyi/Unsplash)

Markets

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

Bitcoin price on April 29 (CoinDesk)

Finance

MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M

To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices.

Michael Saylor, executive chairman of MicroStrategy (Michael.com)

Markets

First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears

The latest price moves in crypto markets in context for April 29, 2024.

BTC Price FMA April 29 (CoinDesk)

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Markets

Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention

The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.

Japan (Su San Lee/Unsplash)

Finance

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.

Time on clock stop by nail delay concept. (Dimj/Shutterstock)

Markets

Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over

Brandt's latest view is based on a statistics concept called "exponential decay."

Down Arrow spray painted on a brick wall (Shutterstock)

Policy

Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg

Bloomberg's report cited "people familiar with the matter, who asked not to be identified as the information is private."

Sydney, Australia. (Photo by Johnny Bhalla on Unsplash)

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Markets

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market

The crypto market is balancing the threat of stagflation against a potential liquidity injection from the Treasury General Account (TGA), and the launch of Hong Kong's bitcoin ETFs.

(CoinDesk Indices)

Markets

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.

Bitcoin price on April 26 (CoinDesk)

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