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Bitcoin Mining Is So Back (Except It's AI Now)
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.
MicroStrategy Should Continue to Rally as Bitcoin Halving Nears: Benchmark
The broker raised its price target for the software company to $1,875 from $990 and maintained its buy rating on the stock.
Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice
The regulator issued Coinbase a Wells notice on Wednesday, informing the company that it is planning future enforcement action against it.
Crypto Bank Silvergate Stock Tumbles 45% After 'Going Concern' Filing
The ominous language came in an 8-K filing with the SEC Wednesday evening, in which the troubled lender requested more time before filing its 2022 annual report.
Bitcoin, Crypto-Linked Equities Resume Falling Despite Binance/FTX Deal
Questions about the solvency of FTX were picking up speed on Tuesday morning until Binance announced a non-binding LOI to acquire the crypto exchange.
Bitcoin Down as Stocks Pare Losses After Fed Minutes
Bitcoin is down over 3% over the past 24 hours as stock prices also fell off after the release of the Federal Reserve's most recent meeting minutes. TheoTrade co-founder Don Kaufman discusses his reading of the impact of "inflationary pressures" and geopolitical tensions on the crypto markets, and where we're headed.
