btc


Markets

Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens

The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.

bull and charts (Shutterstock)

Markets

Nvidia's Hotly Anticipated Earnings May 'Trigger' Bitcoin and Crypto Correction, Analyst Says

'The most important stock on Earth' could disappoint on a weak PC market and AI saturation, with Wall Street wanting more from the GPU giant, pulling down crypto and equities, QCP Capital said.

Nvidia CEO Jensen Huang (Nvidia)

Markets

Bitcoin Hits $52K, Regains $1T Market Cap; Genesis Cleared to Sell $1.3B GBTC Shares

Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows.

Bitcoin price on Feb. 14 (CoinDesk)

Markets

Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

An interest rate cut isn't likely on the table, but risk assets are doing just fine

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Policy

Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

The Treasury's financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the data is from 2021.

The U.S. Treasury Department's financial crimes arm reported on the use of bitcoin in human trafficking and other global crimes. (Jesse Hamilton/CoinDesk)