adminMARA swings to Q2 loss as Bitcoin’s slump masks higher output
In recent developments, bitcoin miner MARA posted its highest quarterly Bitcoin production in over a year, but was overshadowed by a 28% decline in the average price of Bitcoin. Looking…
Strategy Swings From $14B Profit to $8.2B Loss as Saylor Sells
In recent developments, strategy Inc. (Nasdaq: MSTR) posted an $8.22 billion quarterly loss as bitcoin’s price slide erased last year’s $14 billion gain. Regardless, the firm grew its BTC stack…
DeFi may be ‘quietly re-rating’ given outperformance against Bitcoin: Bit…
In recent developments, “DeFi usually swings much harder than Bitcoin, so holding up this well is unusual,” says Bitwise, as DeFi tokens have outperformed Bitcoin. Looking closer, market participants highlight…
Bitcoin swings above $94K as crypto faces ‘Netscape’ moment: Finance Rede…
In recent developments, bitcoin briefly topped $94,000 following Strategy’s largest investment since July, but investor risk appetite remained muted even after the widely expected US interest rate cut. Looking closer,…
Volatility Reigns: BTC Swings $10K as Privacy Coins Defy Market Rout to Soar
In recent developments, the crypto economy closed the last week of October with significant volatility, marked by price swings and liquidations. Bitcoin epitomized this trend, with its weekly price range…