Live markets: Bitcoin trades above $65,000 as Alphabet's bigger AI bill props up the chip trade
Alphabet beat on revenue but raised its AI spending forecast again, sending its stock lower after hours. For the chip complex bitcoin tracks, more spending is…
Bitcoin may have bottomed before its traditional cycle low: Grayscale’s Pandl
Grayscale’s head of research said that Bitcoin may have bottomed, arguing that macro factors, such as interest rate decisions as increasingly driving the price…
The late James Van Der Beek’s former Beverly Hills home up for rent for $13,950 a month
Late “Dawson’s Creek” star James Van Der Beek’s former Beverly Hills home has been offered up for rent—five months after the actor died following a battle with…
BitMEX, the exchange that invented perps, is shutting down
BitMEX, cofounded by Arthur Hayes in 2014, redefined the global crypto market by introducing the 100x leverage perpetual swap. Source:CoinDesk
Texas Instruments shares are sliding, and its rival is doing even worse. What’s going on in the world of analog semiconductors.
Texas Instruments shares were falling while STMicroelectronics stock was diving on Thursday, after both makers of analog semiconductors struggled to meet…
Bitcoin ETFs approach $1B in 7-session inflow run
US spot Bitcoin ETFs recorded $69 million in inflows on Wednesday, extending their inflow streak to seven sessions and bringing total inflows during the period…
South Korea's oldest crypto exchange is now part of the $1 trillion Mirae Group family
Korbit, South Korea's first cryptocurrency exchange, has joined the Mirae Asset Group family, marking the first time a traditional Korean financial group's…
XRP whales accumulate as small holders capitulate
XRP whales accumulate 2.8% more tokens over five weeks as small holders capitulate, sending the price back above $1.16. Source:CoinDesk
Bitcoin wilts as oil and rates rise. Clarity Act odds tumble to 38%
Geopolitical risks, rising rates, and fresh regulatory setbacks send crypto lower as key Democrats demand stronger safeguards in the market structure bill.…
Key Democratic lawmakers say crypto Clarity Act 'falls short' on ethics, other issues
Several of the Democrats most likely to vote for the crypto market structure bill said they had issues with the new draft published by Republicans earlier in…
S&P launches blockchain fundamentals index for digital assets
The benchmark tracks blockchain networks using protocol revenue, offering an alternative to traditional market capitalizationweighted crypto indexes.…
IBM just cut its outlook. Why its stock is bouncing higher anyway.
IBM’s official earnings report comes after a bruising profit warning last week. Source:MarketWatch