Riot purchases BTC miners worth $290M from MicroBT
Riot has announced its largest hash rate purchase with 18 EH/s supply from MicroBT. The 66,560 latest generation M66S model BTC miners will cost $290.5 million. Riot stock price rose following the news, trading to above $15 on Monday, December…
US Stocks Falter, Bonds, Dollar Gain, While Bitcoin Soars Past $43,000 On Rising Institutional Interest: What’s Driving Markets Tuesday?
The momentum on Wall Street during Tuesday’s session continues to lack strength as investors carefully scrutinize the most recent economic data. Moody’s decision to lower China’s credit rating outlook from stable to negative also weighed on risk propensity. While service…
Broker Research Pricing is Wildly Inconsistent – Study
Latest Substantive Research study reveals some buy side firms are paying almost three times more than peers, for identical levels of service and access from the same providers Some large asset managers are paying 190% more than others for comparable…
Bitcoin Up More Than 4% In 24 hours
Bitcoin’s (CRYPTO: BTC) price has increased 4.68% over the past 24 hours to $43,761.00. Over the past week, BTC has experienced an uptick of over 14.0%, moving from $38,028.62 to its current price. As it stands right now, the coin’s…
Bitcoin Bull Frenzy Hits $44K As Futures Market Expects 10-12% Rise Into 2024
Data from Deribit, the leading exchange for Bitcoin (CRYPTO: BTC)and Ethereum options, signals a positive outlook for Bitcoin’s value increase in the spring of 2024. What Happened Deribit Chief Commercial Officer Luuk Strijers highlighted that the futures premium above the…
Bitcoin Just Hit $44K: What’s Going On?
Published by Benzinga Bitcoin (CRYPTO: BTC) just hit its highest level in 20 months. Here’s a look at what’s going on. What To Know: Bitcoin crossed the $40,000 level over the weekend and has continued to trend higher to start…
US crypto industry lobby spending on track for new record in 2023
Published by Reuters By Hannah Lang WASHINGTON (Reuters) – The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according…
What’s Going On With Coinbase Global Stock?
Published by Benzinga Coinbase Global, Inc. (NASDAQ: COIN) shares are trading higher Tuesday. Needham analyst John Todaro maintained Coinbase Global with a Buy and raised the price target from $120 to $160. What To Know: The Needham analyst note states…
Ethereum Falls But Remains Above This Key Level; FTX Token, Gnosis Among Top Losers
Published by Benzinga Bitcoin (CRYPTO: BTC) moved higher, with the cryptocurrency prices trading above the $41,800 level on Tuesday. Ethereum (CRYPTO: ETH), meanwhile, recorded losses, but remained above the key $2,200 mark this morning. Casper (CRYPTO: CSPR) was the top…
Stock Futures Slide, Crypto Hype Pauses: Moody’s Bearish China Outlook Sparks Risk Off
Published by Benzinga Tuesday is shaping up to be a risk-off session, with futures trading in the red in premarket trading, while the dollar and Treasuries are the only major asset classes in the green. Long-term Treasuries, as tracked by…