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The Latest Breaking News from Bitcoin

Is AI more appealing than crypto now? A major Bitcoin miner has decided to pivot to AI data centers - here's why

Bitfarm plans to abandon Bitcoin mining for AI data centers using existing energy capacity despite major losses and volatile markets.

TechRadar

Long Bitcoin, Short MicroStrategy: Citron Research 'Proud Of The Timing' One Year Later

Short seller Citron Research, led by Andrew Left, made a prediction one year ago. The firm bet on Bitcoin (CRYPTO: BTC), but against the Bitcoin treasury company Strategy Inc (NASDAQ:MSTR). Here are the results of the trade.

Benzinga

Wall Street Rally, Small Caps Rocket On Fed Dovish Remarks: What's Moving Markets Friday?

Wall Street staged a sharp rebound Friday after a bruising week of volatility in tech, as a wave of dovish comments from Federal Reserve officials flipped market expectations toward a rate cut next month.

Benzinga

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read the most diverse news in one place.

Strategy's 'Entire Business Model Is A Fraud': Gold Bug Peter Schiff Challenges Michael Saylor To A Debate

Bitcoin treasury company Strategy (NASDAQ:MSTR) is operating a fraudulent business model, economist Peter Schiff has alleged.

Benzinga

Jim Cramer Says Market Bounce Makes 'No Sense' As Bitcoin Reels From $1B Liquidation Wave

Jim Cramer says traders clinging to Fed-driven optimism are delusional as Bitcoin (CRYPTO: BTC) traded as low as $81,000 on Friday.

Benzinga

Bitcoin Meltdown Slams ETF Market: 5 Funds Hit Fresh Lows As Traders Hunt A Bottom

A wave of crypto-linked ETFs plunged to fresh 52-week lows Friday morning, led lower by Bitcoin’s (CRYPTO: BTC) accelerating breakdown.

Benzinga

Bitcoin's Black November Drags MicroStrategy Stock To 52-Week Lows — Oversold Or More Pain Ahead?

MicroStrategy Inc (NASDAQ:MSTR) didn't just follow Bitcoin (CRYPTO: BTC) lower this month — it got dragged behind the pickup truck. After a violent November crypto spill, the stock skidded to $168.11, its lowest level in a year, erasing months of build-up in a matter of weeks. If Bitcoin had a…

Benzinga

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Stocks Extend Rebound Rally on Dovish Williams Remarks

The S&P 500 Index ($SPX ) (SPY ) today is up by +1.38%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +1.52%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.14%. December E-mini S&P futures (ESZ25 ) are up +1.23%, and December...

Barchart

Jeff Bezos Warns of a Market Crash in the Coming Months, Advises People Against Big-Ticket Purchases

Amazon founder Jeff Bezos urges consumers to delay large purchases and advises small businesses to pause capex and acquisitions amid growing fears of an imminent market crash.

International Business Times UK

Stocks Rebound as Fed’s Wiliams Sees Room for a Rate Cut

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.21%. December E-mini S&P futures (ESZ25 ) are up +0.32%, and December...

Barchart

If You Invested $10,000 in These Crypto Mining Stocks This Year, Here’s How Much You Would Have

See how much your $10,000 investment in crypto mining stocks would be worth today and which companies delivered the biggest gains.

GOBankingRates

Crypto plunge wipes out nearly $400 billion in a week

Bitcoin has lost a third of its value since setting an all-time high in early October.

Axios

Global stocks in meltdown as Wall Street bails out of crypto and AI: ‘The bubbly is on ice’

Nvidia’s blowout earnings call—which came in way above expectations—simply wasn’t good enough to convince traders that AI may not be overcooked.

Fortune

Bitcoin Whale From Satoshi Era Dumps Entire Stake For $1.3 Billion As BTC Drowns Below $83,000

An early Bitcoin (CRYPTO: BTC) investor sold off their entire position on Thursday, amid what has been one of the steepest declines of the apex crypto in recent memory.

Benzinga

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International Business Times UK

Gold, Bitcoin and Stock Market Today Reeling from Black Thursday Plunge

Gold, bitcoin, and US stocks plunged on fading hopes for a December rate cut.

International Business Times UK

Gold Reset News Sparks Debate Over US Bitcoin Reserve and Bretton Woods Revival

A proposed US Bitcoin Reserve funded by a gold reset sparks debate in Washington. Supporters see it as a debt solution, while the IMF warns of risks and volatility.

Benzinga

Peter Schiff Says Michael Saylor-Led Strategy 'Would Have Been Better Off' Buying Anything Other Than Bitcoin'

Economist Peter Schiff slammed Strategy Inc.’s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) investment approach on Thursday, arguing that the company would have been better placed had it chosen any other asset.

Benzinga

Cathie Wood Dumps AMD Shares, Loads Up On Nvidia With $17 Million Buy Amid Earnings Buzz: Ark Scoops Up These Crypto Stocks As Bitcoin, Ethereum Crash

On Thursday, Cathie Wood-led Ark Invest executed significant trades, including buying shares of Nvidia Corp (NASDAQ:NVDA) and selling shares of Advanced Micro Devices Inc. (NASDAQ:AMD) . Ark also purchased shares of Bitmine Immersion Technologies Inc, (NYSE:BMNR), Bullish (NYSE:BLSH) and Circle Internet Group Inc. (NYSE:CRCL).

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Benzinga

Bitcoin Trades Below $90,000 As Fed Rate Cut Hopes Fade; Ethereum, XRP, Dogecoin Struggle: Analyst Forecasts 'Healthy Recalibration' Next

Leading cryptocurrencies fell further alongside stocks on Thursday, as stronger jobs data cast doubt on whether the Federal Reserve will deliver another rate cut in December.

Benzinga

Billionaire Sam Altman's Iris Orb Dream Crumbles: $240M From Khosla Ventures Fuels 1B User Hunt, But Just 2% There As Bans Mount Worldwide

Sam Altman‘s Tools for Humanity biometric verification company is hitting roadblocks on its path to global adoption, according to Business Insider.

Barchart

Stocks Reverse Sharply Lower as Tech Stocks Get Crushed

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down by -1.56%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.84%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -2.38%. December E-mini S&P futures (ESZ25 ) fell -1.56%, and December...

Benzinga

Bitcoin Drops To $87,000, Ethereum Loses $3,000, XRP Hangs On To $2 As Sell-Off Continues

Bitcoin continued its decline on Thursday, breaking key support levels as sentiment continues to deteriorate amid a broader market sell-off.

MarketBeat

3 Speculative Stocks to Sell Before the Bottom Drops Out

The S&P 500 is wobbling, but high-beta assets have been under pressure for weeks. These three speculative stocks are ready to break down further; time to exit?

Benzinga

Coinbase (COIN) Stock Slides Amid Crypto Crash

Coinbase Global Inc (NASDAQ:COIN) shares sank 6.4% Thursday afternoon, caught in a steep selloff that hammered the broader cryptocurrency sector. Here’s what investors need to know.

Fortune

Crypto’s Q4 wipeout is among worst in memory–but better times may be ahead, says analyst

Bitcoin plummets to below $90K for the first time since April

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