Bitcoin miners
Bitcoin miners are back, with mining difficulty reaching a new all-time high after a 10% surge, according to BTC.com.
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Nov. 07, 2024
Fed Cuts Rates by 25 Basis Points, Bitcoin Price at Record Ahead of Powell's First Speech Since Trump Win
As widely expected by market participants, the U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to 4.5%-4.75% on Thursday, following the footsteps of other central banks to loosen monetary policy. "Since earlier in th...
Markets
Nov. 07, 2024
Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
Bitcoin has made a new all-time high, continuing its strong performance after Donald Trump won the U.S. presidential election. Ether outperformed by rising 8% in the last 24 hours ahead of Federal Reserve policymakers' meeting. Bitcoin {{BTC}...
Markets
Nov. 07, 2024
Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin
The Fed rate cut will narrow the ether-Fed yield differential in favor of ETH. Ether could outperform bitcoin following an interest-rate reduction. The Ethereum blockchain's native token, ether {{ETH}}, a yield-bearing coin that has fallen ou...
Markets
Nov. 07, 2024
First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 2,238.35 ...
Markets
Nov. 07, 2024
Donald Trump More Likely to Pardon Jan. 6 Protestors Than Silk Road Founder: Polymarket
Protestors from Jan. 6 are more likely to get a pardon than Silk Road founder Ross Ulbricht during a second Trump White House – but not by much – according to Polymarket bettors. Polymarket bettors are giving an 86% chance of January 6 prote...
Markets
Nov. 07, 2024
Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
Bitcoin rose more than 9% on Wednesday to claim a record high. BlackRock's IBIT exchange-traded fund saw its biggest volume traded since its introduction. U.S. spot-listed bitcoin ETFs saw over $620 million of net inflows. Bitcoin {{BTC}} po...