Tag: Bitcoin
China’s Bitcoin Mining Resurrection: From Zero to 14% Market Share Since 2021 Crackdown
Reading time: < 1 minuteBitcoin mining activity is quietly rebounding across China despite the government’s comprehensive 2021 ban, driven by miners leveraging inexpensive electricity and a data center construction wave in provinces with surplus energy capacity.
Teng Puts Bitcoin Plunge in Context: A Global “Risk-Off” Tide
Reading time: < 1 minuteAmid a brutal month for crypto, Binance CEO Richard Teng contextualized Bitcoin’s 21% November drop within a wider global market retreat.
US Crypto Trading Evolves: Cboe Debuts Bitcoin & Ether Perpetuals Dec. 15
Reading time: < 1 minuteCboe Global Markets will launch perpetual-style Bitcoin and Ether futures on December 15.
SGX Jumps into Crypto with Bitcoin, Ether Futures for Big Players
Reading time: < 1 minuteSingapore’s main stock exchange is diving into digital assets. SGX announced Monday it will start offering perpetual futures on Bitcoin and Ether, beginning November 24.
JPMorgan Forecasts $170,000 Bitcoin as Deleveraging Concludes
Reading time: < 1 minuteJPMorgan analysts project a rise to around $170,000 for Bitcoin in the coming year, following a significant market correction that they believe has run its course.
JPMorgan to Launch Global Crypto-Collateralized Lending for Institutions by Year-End
Reading time: < 1 minuteJPMorgan Chase will enable institutional clients to use Bitcoin and Ether as collateral for loans in a new global program launching by the end of the year.
Funding the Bitcoin Bet: How Strategy’s Complex Capital Raises Fuel Its $71B BTC Treasury
Reading time: < 1 minuteStrategy’s latest Bitcoin purchase was not funded by operating profits but by sophisticated financial instruments.
US Seizes Record $15B Bitcoin Stash, Becoming a Top Global Holder
Reading time: < 1 minuteA single, historic seizure has made the US government a crypto giant.
Strategy Acquires 220 More Bitcoin for $27 Million, Boosting Total Holdings to 640,250 BTC
Reading time: < 1 minuteAccording to a Monday press release, Strategy purchased an additional 220 Bitcoin between October 6 and 12 at an average price of $123,561 per coin.
From Overvalued to Undervalued: JPMorgan’s $165K Bitcoin Call Hinges on Volatility Shift
Reading time: < 1 minuteA dramatic shift in Bitcoin’s risk profile has led JPMorgan to a bold new price target of $165,000.
