Bitcoin price declined slightly on Monday after nearing the resistance at $24,000. Macro factors will be the key drivers for Bitcoin and other asset prices. Consumer confidence, Fed decision, and NFP data will be in focus. Bitcoin price pulled back slightly on Monday as investors started focusing on the key economic data from the US…
Key Takeaways Bitcoin is up close to 50% from its lows, but is still down over two-thirds from all-time highs Some on-chain metrics show how much the rally pales in comparison to the prior fall Positive news from the industry remains few and far between, as market prepares for latest interest rate policy, to be…
Bitcoin addresses in profit is at a 9-month high of 30+ million. More unique addresses in profit were last above 30 million in early April 2022. Non-zero addresses also hit a 1-month high while addresses with 0.01+ BTC is at an all-time high. The number of Bitcoin addresses that are currently in profit has reached…
Core Scientific is seeking emergency relief from the bankruptcy court for it to secure a replacement loan facility. According to court documents, the miner has agreed to a $70 million credit facility from investment banking firm B. Riley. The company will use the funds to pay off an existing loan to avoid defaulting, Core Scientific,…
Tesla recorded gains of $64 million and impairment loss of $204 million. The company has revealed it sold 75% of its Bitcoin holdings, and held BTC worth about $184 million as of 31 December 2022. The electric vehicle maker bought Bitcoin worth $1.5 billion in 2021. Tesla has revealed that the company sold most of…
Digital asset investment products saw inflows of about $117 million last week, the biggest since July 2022. Bitcoin saw almost all of last week’s digital asset investment products inflows, with $116 million of the total. Total assets under management (AUM) rose $28 billion, roughly 43% from inflow lows recorded in November. Bitcoin saw the most…
Key Takeaways Crypto banks best January in nearly a decade 68% of the Bitcoin supply in profit, compared to 50% at the start of January Correlation between Bitcoin and risk assets is close to all-time highs, with Federal Reserve’s interest rate policy continuing to hold the key It’s important to celebrate the wins, huh? And…
Valiant Hearts: Coming Home, the sequel to 2014’s Valiant Hearts: The Great War, is now available to play for all Netflix members. This Netflix-exclusive game can be played by any subscriber on iOS and Android devices. The sequel brings players back to World War I “for a dramatic narrative game following four interweaving stories of…
Ubisoft has revealed The Crew Motorfest and it hits PlayStation, Xbox, and PC sometime this year. Revealed in a short teaser trailer you can watch below, The Crew Motorfest takes players to O’ahu, an island that’s part of the Hawaiian archipelago. It’s clearly positioned as Ubisoft’s take on the open-world racing formula popularized by Playground Games’…
Electronic Arts is ending development on both Apex Legends Mobile and Battlefield Mobile. It is shuttering Battlefield Mobile developer Industrial Toys as well. This news was part of EA’s Fiscal Year 2023 Q3 financial results released yesterday, in which the company revealed that it is also delaying Star Wars Jedi: Survivor to April. EA says it…
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