Articles
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1 week ago |
dlnews.com | Pedro Solimano |Edward Robinson
Kraken makes a $1.5 billion deal to win over equities investors. Robinhood is building a powerful crypto franchise. Coinbase digs deeper into DeFi.Kraken now trades stocks. Robinhood is growing its crypto franchise. And Coinbase? It’s drilling deeper into DeFi. It’s a dynamic moment in the trading game but one thing is certain — the race to win over investors is spurring major strategic moves by the biggest players in crypto.
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1 week ago |
dlnews.com | Pedro Solimano
A key metric for Bitcoin mining is slumping. Trump’s trade war has made the business tougher. An existential threat? It’s getting harder than ever to mine Bitcoin. On Tuesday, a key measure of miner profits — known as hashprice — dropped to $44. The 28% decline from its January levels is just above the $40 mark that many in the industry see as break-even or worse.
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1 week ago |
dlnews.com | Pedro Solimano
Jamie Dimon predicts turmoil in the Treasury market will force the Federal Reserve to intervene. It will send Bitcoin “orbital,” said Maelstrom CIO, Arthur Hayes. A top Fed official said they are ready to help stabilise the market. JPMorgan Chase CEO Jamie Dimon is predicting a “kerfuffle” in the US Treasury market that will trigger an intervention from the Federal Reserve. In other words, the money printer could get switched on again soon.
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1 week ago |
dlnews.com | Pedro Solimano
The cryptocurrency has performed dismally in the past year. Developer activity has been plummeting. Active addresses have remained stagnant. Things are looking dire for Ethereum. Its price has dropped 60% since December, developer activity and user engagement have declined, and the blockchain faces criticism to its layer 2 scaling roadmap, which some claim has inadvertently redirected value away from the core protocol.
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2 weeks ago |
dlnews.com | Pedro Solimano
Bitcoin miners’ profitability has dropped to levels not seen since September 2024. “It’s literally chaos every day,” Nick Hansen, CEO of mining company Luxor, told DL News. There’s a silver lining. Donald Trump’s trade war is now putting Bitcoin miners in dire straits. Hashprice — a key measure of profitability for Bitcoin miners — has dropped to $40, its lowest level since September 2024, and a number considered by many miners to be a worst-case scenario in terms of cost to mine.
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