Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
The company announced the news alongside its first quarter earnings report on Thursday afternoon.
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May 2, 2024 at 8:46 p.m. UTC
May 2, 2024
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Stephen Alpher
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Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have all but vanished over the past few weeks as both the economy and inflation exhibit unanticipated strength.
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May 1, 2024 at 6:08 p.m. UTC
May 1, 2024
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MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
To this point, the company has not adopted fair value accounting for its bitcoin stack, resulting in the first quarter write-down despite a major rally in prices.
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Apr 29, 2024 at 8:33 p.m. UTC
Apr 29, 2024
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Press Briefing With ChinaAMC Executive Ahead of Tuesday Launch of Hong Kong Spot Bitcoin and Ether ETFs
Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC, and expects initial subscriptions into the products will surpass those...
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Apr 29, 2024 at 6:40 p.m. UTC
Apr 29, 2024
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Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls
As always, rising prices bring forth boosted supply.
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Apr 16, 2024 at 1:15 p.m. UTC
Apr 16, 2024
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U.S. CPI Comes in Faster Than Hoped, Rising 0.4% in March, 3.5% Y/Y
Stubbornly high inflation has shattered Wall Street expectations for a long series of rate cuts in 2024.
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Apr 10, 2024 at 12:36 p.m. UTC
Apr 10, 2024
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JPMorgan CEO Jamie Dimon's Annual Letter: Interest Rates Could Go Far Higher Than Many Expect (Full Text)
Dimon believes investors are being overly optimistic with respect to the chances for an economic soft landing.
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Apr 8, 2024 at 12:54 p.m. UTC
Apr 8, 2024
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U.S. Added 303K Jobs in March, Outpacing Expectations for 200K
The ETF-led bitcoin rally has stalled over the past three weeks, at least in part thanks to economic indicators pointing to higher than expected interest rates.
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Apr 5, 2024 at 12:34 p.m. UTC
Apr 5, 2024
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Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary
The world's largest crypto regained the $69,000 level at one point in the session before slipping a bit.
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Apr 4, 2024 at 7:32 p.m. UTC
Apr 4, 2024
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Near Record High Funding Rate Suggests Bitcoin Pullback Not Over
The recent dip in price doesn't appear to have dented optimism from traders betting on a continued bull run.
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Apr 4, 2024 at 4:21 p.m. UTC
Apr 4, 2024