The Federal Reserve hiked 75 basis points as expected and markets across the board rallied higher with no surprising or unanticipated bad news.
Author: Dylan LeClair And Sam Rule
Bitcoin Hash Rate Plummets From All-Time High
Does hash rate fall this significantly often? Miner monthly revenue nears 2017 levels. Hash price is now 48% up from the lows. Is this a mining death spiral?
Celsius Bankruptcy Shows Reckless Behavior With A $1.2 Billion Hole In Its Balance Sheet
Celsius files for Chapter 11 bankruptcy. The company’s balance sheet shows a gap of $1.2 billion and reckless behavior with customer deposits.
Brewing Emerging Market Debt Crises
The U.S. dollar has risen to 20-year highs while the Japanese yen and the euro are acting like emerging market currencies. Are these crisis warning signs?
When Will The Bear Market End?
A look at previous bitcoin bear market cycles shows two distinct phases of capitulation and can give insight into how much longer the bear market will last.
Bitcoin Leaving Exchanges Hits An All-Time High
June was the largest outflow month for bitcoin leaving exchanges, bringing the remaining balance across exchanges to about 2.4 million bitcoin.
Voyager Digital Files For Bankruptcy
Voyager files for Chapter 11 bankruptcy due to their large exposure to Three Arrows Capital as the contagion continues to spread across the market.
Public Miners Start Selling Bitcoin Treasuries
As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries.