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Crypto miners used the same amount of electricity as all of Australia last year
In the US alone, crypto mining uses 0.6% to 2.3% of the country's electricity demand — as much as e…
Aruni Soni
Bitcoin's all-time high reveals the true nature of crypto
Investors are stuck in a perpetual boom-and-bust cycle where they put money into bitcoin every few …
Emily Stewart
Bitcoin mining profitability poised for surge as spot ETFs gain approval
According to S&P Global Commodity Insights, the long-awaited decision has created a ripple effect i…
ANI
Stock market today: US stocks mixed as traders look to lock in best first quarter in 5 years
The benchmark index is up roughly 10% in the first three months of the year, while the Dow and Nasd…
Phil Rosen
Stock market today: Investors snap losing streak as market heads to the end of a stellar first quarter
The S&P 500 looks poised to notch its best first quarter since 2019 as traders head toward the end …
Jennifer Sor
Bitcoin could surge 300% to $120,000 next year as miners reduce token sales, Standard Chartered says
"On that basis, selling just 27% of BTC mined in Q1-2024 would generate the same absolute level of …
Filip De Mott
The biggest bitcoin miner in Texas is shutting down ahead of blast of winter weather in the state
Riot Blockchain initiated shutting down its Whinstone facility Tuesday and will remain powered down…
Isabelle Lee
Bitcoin's latest sell-off is a good entry point for investors ahead of halving, JPMorgan says
The quadrennial bitcoin halving will take place in the coming days, and will reduce the amount of b…
Yuheng Zhan
Stock market today: US stocks fall as investors sift through fresh economic data
Investors took in data that showed producer prices climbed more than expected in February, while re…
Phil Rosen
Stock market today: US stocks end mixed as investors wait on fresh inflation data
Major indexes traded mostly flat as investors looked ahead to the next inflation indicator due out …
Jennifer Sor
Bitcoin jumps above $72,000 to new record as halving event draws near
The halving event is expect to reduce bitcoin supply at a time when new ETFs are driving unpreceden…
Matthew Fox
Bitcoin's latest rally puts it on track to hit $150,000 by mid-2025, Bernstein says
As bitcoin soars, Bernstein analysts said they're "more convinced" the token is on its way to hitti…
Yuheng Zhan
Bitcoin just won't die
Bitcoin is outperforming both the S&P 500 and the "Magnificent 7" Big Tech stocks this year, with i…
George Glover
6,000 old bitcoin-mining machines will be refurbished and sold overseas after the long-awaited halving event
Outdated machines are being moved to countries with lower electricity costs, like Ethiopia, where t…
Aruni Soni
The bitcoin ETF boom is the cryptocurrency's 'IPO moment,' says the investment chief of a fund provider
While current buyers include retail investors, independent advisors, and hedge funds, there's an "e…
Aruni Soni
Bitcoin is about to undergo another 'halving' event. Here's why that could send its price soaring.
Previous halvings have powered the cryptocurrency's price higher because they reduce the supply of …
George Glover
Energy costs are soaring, bitcoin's price is plummeting — and that's why big crypto miners are selling tokens at a discount
Profits for bitcoin miners have tumbled in the face of rising electricity costs and a cryptocurrenc…
George Glover
Bitcoin's halving is unlike others before it: A supply shock colliding with a demand tidal wave
Markets have seen multiple halvings in the past, but the 2024 occurrence is particularly momentous …
Phil Rosen
Bitcoin could soar 266% to $250,000 next year if ETF inflows stay strong, Standard Chartered says
Bitcoin could hit $250,000 next year before settling back to a range near $200,000, Standard Charte…
Filip De Mott
Bitcoin mining stocks sink as the cryptocurrency tests key $50,000 support level
Bitcoin is down roughly 16% from March 13 record highs of over $61,000 per coin, as highly correlat…