S&P Global Ratings has downgraded Tether’s USDt to the lowest score on its stablecoin stability scale, questioning the token’s ability to maintain its dollar peg.The “weak” assessment was due to…
Bitcoin mining profitability is stuck at record lows, JPMorgan said in a new research report. "We estimate bitcoin miners earned an average of $43,600 per EH/s in daily block reward…
The impending repayments, which include 140,000 BTC ($7.73 billion), 143,000 BCH, and the Japanese yen, were announced last month. Since then, traders have been worried that creditors who have patiently…
Markus Thielen, founder of 10x Research trimmed his $55,000 price target to $50,000. "This situation may compel ETF holders and miners to liquidate more positions," he said in an emailed…
ETH/BTC slipped to 0.04563 on crypto exchange Binance soon before press time, reaching the lowest since April 2021, according to charting platform TradingView. This year, the ratio has declined nearly…
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Weller said that spot ETFs, unlike futures-based products, could "fundamentally alter the supply and demand picture" for bitcoin, making it available for a new set of investors. That's especially so…
Ether's global estimated leverage ratio, calculated by dividing the dollar value locked in the active open perpetual futures contracts by the total number of coins held by derivatives exchanges, has…
While optimism for SEC approval of a spot bitcoin ETF is running high at the moment, continued investor caution could be warranted. "I had a really good laugh when we…
Ether, in the past, has decoupled from bitcoin for brief periods. The latest weakening of correlation may be long-lasting, meaning bitcoin, the world's largest and most liquid digital asset, may…
