Bitcoin News
Bitcoin’s Role in a Recession; Virtual NFT Vacations
South Korea’s KakaoBank considers crypto exchange partnerships. What is Bitcoin’s relevance as a safe haven as the threat of recession looms? India’s MakeMyTrip launches NFT collection of top travel spots. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
First Mover Americas: Hawkish Fed Trade May Not Be Over Yet
The latest moves in crypto markets in context for May 4, 2022.
Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue
The firm mined 299 bitcoins in April, a near 31% dip from the previous month, citing weather and maintenance issues.
Bitcoin's 'Mayer Multiple' Nears Point of Undervaluation Ahead of Fed
Expectations of a hawkish Fed cloud the prospects of a bullish reversal.
LGT, World’s Largest Family-Owned Private Bank, to Offer Crypto
LGT Bank, the financial institution owned by the princely House of Liechtenstein, is working with Switzerland’s SEBA Bank on the service.
First Mover Asia: Bitcoin Minnows Are Resilient as Long-Term Whales Capitulate to Pressure
How long these smaller-scale investors remain committed to their crypto assets will be an interesting trend to observe; bitcoin and ether drop.
Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility
BTC is roughly flat over the past week, although some option traders have hedged against further price declines.
MicroStrategy Reports $170M Impairment Charge on Bitcoin Holdings in Q1
The software firm owns 129,218 bitcoins valued at just under $5 billion.
BTC Could Drop to $33K, Investors Looking at ETH
MarketGauge Group Managing Director Michele Schneider shares her bitcoin price outlook, suggesting that in the short term the “digital gold” could go as low as $33,000. Plus, why ETH could outperform BTC, expected announcements from the Federal Reserve and activity in the commodities markets.
