Bitcoin price growth lagged crypto mining stocks following halving, data shows

Bitcoin price growth lagged crypto mining stocks following halving, data shows

Despite Bitcoin’s strong start in early 2024, crypto mining stocks outperformed BTC after the halving, with Hut 8 and Bitfarms delivering the highest returns. The fourth Bitcoin halving event has brought significant... Read more »
Bitcoin mining, AI data centers increasing demand on Texas power grid, leaders say

Bitcoin mining, AI data centers increasing demand on Texas power grid, leaders say

Bitcoin mining, AI data centers may stress power grid ERCOT’s CEO says explosive growth in the State of Texas will continue to put pressure on the power grid. Technology like crypto mining... Read more »
Crypto market rebounds on soft CPI data

Crypto market rebounds on soft CPI data

Crypto markets jumped on June 12 after U.S. CPI numbers for May came in flat, fueling expectations for promising inflation data.   U.S. Consumer Price Index (CPI) data was unchanged last month, down... Read more »
Bitcoin falls below US,000 after US jobs data and ECB rate cut

Bitcoin falls below US$70,000 after US jobs data and ECB rate cut

Bitcoin price fell below US$70,000 on Friday million as a result of a mixed U.S. jobs report and a rate cut by the European Central Bank (ECB). The US Bureau of Labor... Read more »
,000 Amid B ETF Inflows & U.S. Economic Data Shifts

$71,000 Amid $61B ETF Inflows & U.S. Economic Data Shifts

Last updated: June 5, 2024 15:39 EDT | 3 min read Bitcoin Price Prediction Bitcoin (BTC/USD) is currently hovering around $71,000, marking a slight decrease of 1%. Despite this, the key pivot... Read more »
Bitcoin shrugs off US jobs data as BTC price gives up K support

Bitcoin shrugs off US jobs data as BTC price gives up $66K support

Bitcoin (BTC) slipped from $66,000 after the May 16 Wall Street open while fresh United States macro data boosted bulls’ cause. BTC/USD 1-hour chart. Source: TradingView U.S. jobless claims further bullish crypto ... Read more »
Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?

Bitcoin Price Prediction as US Core Inflation Data is Released – Is the Bull Market About to Start?

Last updated: May 15, 2024 20:57 EDT | 3 min read Bitcoin Price Prediction Bitcoin’s price surged by 7.50% to $66,350 amid the latest U.S. inflation data release. The U.S. consumer price... Read more »
Bitcoin Price (BTC) Gains More Than 1% After Soft Inflation Data

Bitcoin Price (BTC) Gains More Than 1% After Soft Inflation Data

The consistent slide in inflation in 2023 had most, including the U.S. Federal Reserve, coming into 2024 expecting appreciably easier monetary policy throughout the year. Instead, inflation has actual risen a bit... Read more »
Australia Intensifies Scrutiny On Crypto Exchanges, Demands Data From 1.2 Million Accounts –

Australia Intensifies Scrutiny On Crypto Exchanges, Demands Data From 1.2 Million Accounts –

In a significant move to tighten tax compliance within the cryptocurrency sector, the Australian Taxation Office (ATO) has initiated a comprehensive Australia crypto tax crackdown, demanding personal and transaction data from up... Read more »
Australian tax regulators request customer data from crypto exchanges

Australian tax regulators request customer data from crypto exchanges

Cryptocurrencies | Image:Unsplash Crypto regulations in Australia: Australia’s tax authorities are intensifying efforts to ensure compliance among cryptocurrency users by requesting personal data and transaction details from crypto exchanges. The Australian Taxation... Read more »