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A global chipmaking giant is blaming a slump in bitcoin mining for its lowered outlook

CNBC - 13 hours ago
If bitcoin's price were to drop, that could cut further into TSMC's lowered revenue forecast, equity analyst Charlie Chan and his team said in a note Thursday. "Even if the Bitcoin price...

Bitcoin 'miners' are losing money at any price below $8600: Morgan Stanley

CNBC - 12 hours ago
If bitcoin can't recover $8,600 soon, bitcoin "miners" will likely find it unprofitable to keep creating the cryptocurrency, Morgan Stanley analysts said. Bitcoin traded slightly higher...

What's Next For The Price Of Bitcoin?

Forbes - 14 hours ago
Bitcoin was a bubble. My last prognosis at the beginning of November when Bitcoin (BTC) was at $7,000 was that I would get nervous at $30,000. But I got nervous at $17,500 and bailed. Market...

Bitcoin testing a key technical level

CNBC - 7 hours ago
Trader Brian Kelly discusses whether a bitcoin breakout is coming, and how to make money in bitcoin cash. Watch CNBC Live TV. You May Like. ‹ › Latest Video. ‹ 03:44. Investing in companies...

Bitcoin Cash Approaches $1000 Ahead Of Hard Fork

Forbes - 8 hours ago
Bitcoin Cash climbed today, nearing $1,000 as traders purchased the digital currency in anticipation of next month's hard fork. The alternative protocol asset (altcoin) rose to as much as $983.58...

Bitcoin is Not A Tool For Illegitimate Transactions, Says Quebec Chief Scientist

Cointelegraph - 5 hours ago
The Chief Scientist of Quebec Rémi Quirion says public concern that Bitcoin is being used for illicit activities like tax evasion and money laundering is largely overblown, Forbes reports April 18....

Bitcoin's Energy Consumption Can Power An Entire Country -- But EOS Is Trying To Fix That

Forbes - 2 hours ago
Proof of work (POW) is data that is costly and time-consuming to produce but easy for others to verify. The Bitcoin POW mechanism is so costly that it consumes the same amount of electricity it takes...

Suspected Mastermind Behind the 'Big Bitcoin Heist' Escapes Prison Through a Window

Fortune - 9 hours ago
A man who is accused of a Bitcoin heist that included stealing about 600 computers escaped a low-security prison in Iceland this week and reportedly fled to Sweden. On Tuesday, Sindri Thor Stefansson...

As Bitcoin Plunged, These Crypto Hedge Funds Kept Making Money

Bloomberg - 12 hours ago
As a group, cryptocurrency hedge funds are still highly correlated to the market. A Eurekahedge index for the category posted its biggest three-month slump on record last quarter as Bitcoin sank more...

Sweden's Very Own Bitcoin. What Could Possibly Go Wrong?

Bloomberg - 15 hours ago
While a publicly available e-pound or e-krona would help draw support away from stateless cryptocurrencies such as Bitcoin, bank CEOs know it might also stop customers depositing funds with their own...

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