The numbers behind the oft-cited prediction that Bitcoin will reach $1 million by 2030 simply don’t add up, according to Markus Thielen, head of research at 10x Research. “It’s mathematically impossible,” Thielen... Read more »
US investment banking giant Morgan Stanley reported larger crypto fund positions in the second quarter, led by an increase of more than 3 million shares in BlackRock’s Bitcoin exchange-traded fund (ETF). Morgan... Read more »
Bitcoin (BTC) declined into Friday’s Wall Street open as traders increasingly saw a BTC price breakdown next. Key points: Bitcoin stays below $63,000, heading steadily closer to new August lows while US... Read more »
Bitcoin (BTC) edged away from weekly lows on Thursday after the US Producer Price Index (PPI) narrowly cooled in July. Key points: Bitcoin avoids further downside as US PPI data provides a... Read more »
Publicly traded Bitcoin miners are cutting mining capacity faster than the Bitcoin network overall, suggesting that more operators are redirecting electricity and infrastructure toward data centers and high-performance computing (HPC), in another... Read more »