BTC
Bitcoin Price’s (BTC) Next Move Might Depend on Interest Rate Outlook
Economists are expecting Friday’s report to show a job gain of 185,000 in November, with the unemployment rate flat from October at 3.9%. A sizable miss to the downside is likely to reinforce bets about lower interest rates and might provide the fuel for bitcoin’s run to $50,000. The flip side, however – jobs added…
Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case vs BTC Developers, English Court Rules
“Mr. Wright now not only needs to prove that he owns the bitcoin for the claim to proceed, he must also pay security for the developers’ costs of doing so,” Timothy Elliss, a partner at Enyo Law, which represents most of the defendants, said in an email. Source link
Bitcoin (BTC) Price May Pull Back to $40K; ADA, ALGO, SOL Lead Crypto Gains
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Bitcoin Price (BTC) Dips as U.S. November Job Growth of 199K Tops Estimates
The price of bitcoin (BTC) fell about 0.5% in the minutes following Friday morning’s release to $43,500. In traditional markets, interest rates are shooting higher, with the 10-year U.S. Treasury yield up 8 basis points to 4.24%. U.S. stock index futures have turned lower, the Nasdaq 100 off 0.7%. Source link
Bitcoin (BTC) Halving Is Poised to Unleash Darwinism on Crypto Miners
Historically, the event has increased bitcoin prices exponentially, creating generational wealth for investors – but a presenting challenge for the miners that actually create BTC. During the third halving, which occurred in 2020, bitcoin’s price went from around $8,500 to nearly $18,000 within a few months, while the reward for successfully mining a block was…
Matrixport Had Predicted Bitcoin (BTC) Prices Could Hit $45K By 2023-End, The Prediction May Soon Come True
“The 2023 bitcoin rally unfolded in five phases: starting with a reaction to inflation trends, followed by a banking crisis response, a surge due to BlackRock’s ETF filing, a boost from Federal Reserve policy shifts, and finally, developments in SEC regulations regarding bitcoin ETFs, “Markus Thielen, Matrixport’s head of research, wrote in a new report….
Bitkey Bitcoin (BTC) Wallet Now Available for Pre-Order
The app and hardware device form two of the three keys used to secure a customer’s bitcoin, with the third stored on Bitkey’s servers. The third key is used to verify transactions made by customers using only their phone (when they don’t have the hardware device to hand) and to recover their wallet if they…
Bitcoin (BTC) Price Rally Halts at $43K While Ether (ETH), Solana (SOL) Rallies to Fresh Highs
BTC dipped to $43,000 during the day following its breakneck climb to near $45,000 earlier this week, suggesting that traders took some profits after the largest crypto’s breakout from $38,000 a week ago. Recently, bitcoin was changing hands at around $43,300, down 1.1% over the past 24 hours. Source link
OpenAI CEO Sam Altman-Backed Crypto Startup Meanwhile Starts Bitcoin (BTC) Private Credit Fund With 5% Yield
“A thriving Bitcoin economy is inevitable, but to realize this future and maximize its potential, robust capital markets are essential,” Zac Townsend, co-founder and CEO of Meanwhile Group, said in the press release. “This private credit fund offers unparalleled potential for institutional investors to unlock the full value of their BTC holdings without compromising their…