Analysts forecast Block to post $403 million in Q4 profit on $6.25 billion revenue, following a third quarter marked by strong gross profit growth but mixed market reaction.
ARK extends Coinbase selling streak with another $22M sale, adds Bullish
Cathie Wood’s ARK Invest sold 134,472 Coinbase shares across three ETFs while buying over 393,000 shares of crypto platform Bullish.
Bitcoin under $70K gives institutions a ‘new crack of the apple’: Bitwise CEO
Bitcoin is in a bear market and is “getting swept up” with the rest of the macro assets, Bitwise CEO Hunter Horsley declared during a television interview.
Bithumb claws back 99.7% of overpaid Bitcoin, covers remaining shortfall
Bithumb says it has reclaimed most of the excess BTC credited during a promotional error and used company funds to cover 1,788 Bitcoin that had already been sold.
‘Massive consolidation’ expected across crypto industry: Bullish CEO
The crypto industry is about to get a wakeup call, as many companies will realize “they don’t have businesses, they have products,” says Bullish CEO Tom Farley.
Crypto retail investors are trying to ‘meta-analyze’ crypto crash: Santiment
Santiment said the increased use of “capitulation” among crypto users on social media could suggest the market bottom has already happened.
Over 23% of traders now expect interest rate cut at next FOMC meeting
The number of traders expecting a rate cut at the March Federal Open Market Committee meeting rose following fears of a hawkish Fed nominee.
CFTC expands payment stablecoin criteria to include national trust banks
The Commodity Futures Trading Commission (CFTC) revised a previous staff letter to reflect the regulations in the GENIUS stablecoin framework.
Bitcoin difficulty drops by over 11%, in steepest drop since 2021 China ban
The Bitcoin network’s mining difficulty dropped by as much as 27% within a single adjustment period during China’s 2021 crypto mining ban.
What crashed Bitcoin? Three theories behind BTC’s trip below $60K
Hong Kong hedge funds’ leveraged BTC price bets are emerging as the main trigger behind Bitcoin’s sharp month-long sell-off.