USDBTC Archives - Financial Mirror

Bitcoin halving will be ‘price non-event’

The Bitcoin halving – likely on Friday or Saturday – will be a ‘price non-event’, depending on the exact current rate at which the cryptos are created, according to the CEO of

19th April 2024

International/Markets/World

After $59,000, Bitcoin eyes new all-time high

Bitcoin passed the $59,000 mark on Wednesday, with the CEO of a leading advisory and fintech predicting the benchmark crypto’s price hitting a new all-time high within weeks. “If the current momentum

28th February 2024

Markets/World

CPI kills last hope for March Fed rate cut

By Craig Erlam This is not the U.S. inflation report that the Federal Reserve wanted to see and markets responded accordingly late on Tuesday. Inflation in January was hotter than expected across

14th February 2024

Markets/World

MicroStrategy holds $8.8 bln Bitcoin, 10 times more than Tesla, Coinbase

MicroStrategy had by far the largest Bitcoin holdings worth over $8.8 bln as of last week, 17 times more than Tesla and 21 times more than Coinbase, according to data presented by

14th February 2024

International/Markets/World

With $842.77 bln market cap, Bitcoin is 10th largest asset

Bitcoin ranks tenth among the most significant assets in the world as its market cap has reached over $842.77 bln, according to a recent analysis by BanklessTimes.com. Bitcoin is now the most widely

28th December 2023

Markets/World

Not a jobs report for optimists

By Craig Erlam There’s been a lot of talk this week whether investors have become too optimistic about interest rate cuts next year and Friday’s jobs report may have brought some crashing

8th December 2023

Markets/World

Positive US data ahead of NFP, BoC holds

By Craig Erlam US stocks were off to a decent start again on Wednesday, buoyed by data that pointed to further weakness in the jobs market and additional disinflationary pressures. There’s no

7th December 2023

Markets/World

Bitcoin rally flips Tesla’s market cap

Bitcoin has taken center stage as its valuation surges to new heights, marking the crypt’s attempt to break free from the consolidation phase that has persisted in recent months. This surge has

30th October 2023

Markets/World

Some positives for BoE from UK jobs data

By Craig Erlam Stock markets are treading water on Tuesday, with the jobs number from the UK not inspiring and Chinese data also highlighting weakness in the recovery. UK jobs data was

16th May 2023

Markets/World

Bitcoin gains 72.4% QoQ, top-performing asset in Q1

Bitcoin, the premier cryptocurrency, had an impressive 72.4% quarter-over-quarter gain in Q1 2023, according to a BitcoinCasinos.com report, compared to the NASDAQ index that jumped 15.7%, while gold had an 8.4% increase. Buoyed by positive inflation

11th May 2023

Markets/World