Bitcoin News

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%
The miner cited delays in building out a mining facility by one of its partners, Lancium.

Crypto Markets Analysis: Focus on Bitcoin's Price Charts, Not Hawkishness From Fed's Powell
The Fed's warning of further rate increases brought down the BTC price on Wednesday, shortly after the cryptocurrency passed $18K for the first time since early November. But even the glimpse of optimism offered hints of a shift.

Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.

Bitcoin Flirts With $18K Ahead of FOMC Meeting
Bitcoin (BTC) is trading just below $18,000 as traders look to another interest rate hike from the Federal Reserve. 3IQ Head of Research Mark Connors discusses the recent price actions, and reacts to Binance CEO Changpeng "CZ" Zhao's warning to his staff of turbulent times ahead.

First Mover Americas: Binance Hits Turbulence as Withdrawals Mount
The latest price moves in crypto markets in context for Dec. 14, 2022.

As Bitcoin, Stock Investors Cheer US Inflation Slowdown, One Macro Expert Calls for Caution
Slower inflation often portends a decline in corporate profitability, and that is yet to be priced in by risk assets, analysis by Steno Research's Andreas Steno Larsen shows.

Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data
With the former FTX CEO's arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said.

Bitcoin Could Drop to $10K-$12K by Q1 2023, VanEck Says
A wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2023, VanEck's Matthew Sigel said. But he forecast a bull revival in the second half of the year.

First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried
Busan wants to integrate blockchain technology into all facets of government service and create the first city-run crypto exchange; bitcoin embraces encouraging CPI to rise over $17.7K.

Crypto Markets Today: Sam Bankman-Fried Hearing Tops Another Troubling Day
But prices rose on U.S. inflation data that was more favorable than expected.
