A peak in the U.S. dollar “feels several quarters away,” Goldman Sachs strategist Kamakshya Trivedi wrote in a note the bank’s clients. “We do not expect the Fed to embark on easing until 2024, and a … Read more
France will review its crypto tax rules next year as it seeks to become the world’s leading blockchain hub – and won’t seek to simply replicate existing norms for stocks, Finance Minister Bruno Le Maire … Read more
Hundreds of thousands of brand new mining rigs that could be generating bitcoin (BTC) have never been used, further skewing the economics of cryptocurrency mining, a sector that has been hit hard by sinking prices … Read more
Payments-focused cryptocurrency XRP and MKR, the governance token of the peer-to-peer lending platform Maker, are rallying in an otherwise moribund crypto market awaiting the release of the Federal Reserve’s preferred measure of U.S. inflation: core … Read more
BitcoinBTCUSD –4.79% traded a new one-year low on Monday and other cryptocurrencies followed it lower ahead of what’s expected to be the third straight outsize interest rate hike from the Federal Reserve when the central bank meets … Read more
The Biden administration’s new findings on bitcoin (BTC) mining’s environmental impact united industry advocates and critics: Both sides declared their views had support from the highest levels of the U.S. government. On Thursday, the White … Read more
The sudden burst in the market for bitcoin (BTC) might lose momentum quickly, crypto analysts said. On Friday the largest cryptocurrency by market value rallied over 10% to the $21,000 level, its largest daily gain … Read more
MicroStrategy (MSTR), a software developer that has become a corporate bitcoin (BTC) vault, plans to sell up to $500 million of stock to fund more purchases of the cryptocurrency. A Friday filing with the U.S. Securities and … Read more
Bitcoin is falling toward its 2022 low from June, or $17,602, as rising Treasury yields weighed on equity prices and the U.S. dollar continues to strengthen. The cryptocurrency BTCUSD, -0.67% was trading at around $18,741.46, down 6% over … Read more
A wallet belonging to insolvent crypto hedge fund Three Arrows Capital has removed $33 million worth of staked ether (stETH) from the Curve pool, according to on-chain data. The Singapore-based fund, which filed for bankruptcy in July, also removed … Read more