Bitcoin Slips Below $75,000 as Strong Jobs Data Lifts Fed Rate Hike Bets
Bitcoin fell to $74,762 on Friday, November 6, its lowest level since August 21. A strong US jobs report raised bets on a December Fed rate hike. Stocks rebounded
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Digital nomad and privacy advocate based in Bangkok, Thailand. Senior Reporter covering permissionless payments, financial privacy, and Bitcoin adoption in Southeast Asia. His reporting focuses on Bitcoin's potential to empower individuals outside the traditional banking system.
Bitcoin fell to $74,762 on Friday, November 6, its lowest level since August 21. A strong US jobs report raised bets on a December Fed rate hike. Stocks rebounded
By Albert Morgan
Bitcoin fell more than 6% on Thursday to $75,463, its lowest price since September 16. The drop followed a sharp US stock sell-off that wiped out gains from
By Albert Morgan
Bitcoin climbed back above $80,000 on Wednesday after Democrats won control of Congress and US stocks rallied. BTC reached about $80,500 at the Wall Street open, up over
By Albert Morgan
Markus Thielen, founder of 10x Research, says Bitcoin’s streaks of consecutive double-digit gains are over. In an interview published November 3 by Cointelegraph, he credits Wall Street traders
By Albert Morgan
Strategy spent $208.2 million last week repurchasing its STRC preferred shares, more than three times the $65.5 million it put into Bitcoin. According to a Monday SEC filing,
By Albert Morgan
Bitcoin ended October near $77,558, down about 7.3% from its $83,554 open. That is its weakest October since 2014. A sell-off in US tech stocks and
By Albert Morgan
Utexo, a Dubai-based startup, will launch Tether’s USDT on Bitcoin on Nov. 28. The token will run on RGB, a protocol that keeps transaction data off the public
By Albert Morgan
Strategy bought no Bitcoin last week. It spent $204.9 million repurchasing 2.07 million shares of its STRC preferred stock instead. The buybacks cut its USD Cash balance by
By Albert Morgan
Bitcoin fell below $81,000 on Friday, October 23, as Brent crude reached $116 per barrel. Cointelegraph described it as the highest Brent price since March 19. The price dipped
By Albert Morgan
Bitcoin rose to about $84,600 on Wednesday, its highest level since Oct. 7. The rally followed a strong third-quarter report from SpaceX. Late Wednesday trading kept BTC near
By Albert Morgan
Super League shareholders approved a deal on Monday that gives Japanese Bitcoin treasury firm Metaplanet a 93.7% stake in the Nasdaq-listed gaming and digital media company. Metaplanet pays
By Albert Morgan
Strategy has declared daily dividends on its STRC preferred stock for every day of November, pending a shareholder vote. STRC traded at $99.32 on Friday, just under its $100
By Albert Morgan
CryptoQuant analysts say Bitcoin may have already set its October low. Exchange reserves are falling, whales are holding, and apparent demand has returned to near-neutral levels. Bitcoin trades around
By Albert Morgan
Strategy bought 250 Bitcoin for $21.5 million between Monday and Sunday. Its holdings now stand at 848,250 BTC. It is the second straight week of smaller purchases, down
By Albert Morgan
Bitcoin fell to $80,350 on Bitstamp on Thursday, its lowest level since Sept. 18. Crypto liquidations reached $1.09 billion in the 24 hours to 10 am UTC on
By Albert Morgan
US spot Bitcoin ETFs recorded $484.9 million in net outflows on Wednesday, according to Farside Investors. It was the largest daily withdrawal since June 25, when funds lost $691.
By Albert Morgan