JPMorgan Reports Continued Decline in Bitcoin Mining Profitability for September
SUMMARY JPMorgan’s report highlighted a third consecutive monthly decline in daily mining revenue and gross profit for Bitcoin
Arbitrum One Hits Over 1 Billion Transactions Since Its 2021 Launch
SUMMARY Arbitrum One has exceeded 1 billion transactions since its August 2021 launch and leads in total value
FTX Dotcom Creditors Overwhelmingly Approve Reorganization Plan
SUMMARY Over 94% of FTX Dotcom customers voted to approve the reorganization plan, with nearly all creditor classes
Former Chinese Finance Minister Warns Against Rapid Cryptocurrency Development
SUMMARY At the 2024 Tsinghua Wudaokou Chief Economists Forum, former Chinese finance minister Lou Jiwei urged caution on
Bitcoin, Ether Slip Ahead of Powell’s Speech and Upcoming Non-Farm Payroll Data
SUMMARY Bitcoin dropped 2.07% to $63,700, and Ether fell 1.69% to $2,624, following a strong bull run last
SEC’s Gensler Remains Silent on Trump’s Bitcoin Holdings, Reaffirms Bitcoin’s Non-Security Status
SUMMARY SEC Chair Gary Gensler reiterated that bitcoin is not a security and noted that investors can now
Bitcoin Surges Past $64K Ahead of Powell’s Speech; IBIT Options May Offer Long-Term Support
SUMMARY Bitcoin rose above $64,000 during early U.S. trading, buoyed by support from China’s Politburo and anticipation of
Hong Kong Launches Second Phase of e-HKD Pilot to Explore Tokenization and Offline Payments
SUMMARY The Hong Kong Monetary Authority is launching a sandbox to explore tokenized asset settlement, programmability, and offline
Crypto’s Correlation with U.S. Stocks Approaches Record Levels Amid Fed Fallout
SUMMARY A correlation study reveals that digital assets and U.S. stocks are moving in closer alignment than at
Bitcoin Boosted by Increased Risk Appetite as Yen Declines Against the Dollar
SUMMARY The U.S. dollar’s strength against the yen is contributing to favorable market conditions for bitcoin, according to