SkyBridge Capital founder Anthony Scaramucci accused Republicans on Sunday of intentionally holding up the CLARITY Act in the Senate to scapegoat Democrats …
Floor
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Finance
Robinhood CEO Vlad Tenev Says Trump Administration Crypto-Friendly, But Regulatory Clarity Needed So That the Floor Doesn’t Shift ‘Every Four Years’
by shayaanby shayaanLegislation Brings Regulatory Stability, Says Tenev During the company’s second-quarter earnings call, Tenev said that while the Trump administration has been “great” …
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Mining
Bitcoin’s broken production cost floor is splitting miners into survivors and sellers
by shayaanby shayaanBitcoin is trading just above $60,000 right now, and the network’s estimated all-in cost to produce a single coin is near $84,300, …
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In brief Bitcoin traded near $64,100 Thursday morning, down about 1% on the day but up roughly 2% over the past week, …
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Mining
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
by shayaanby shayaanTL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost models can help frame downside …
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Senator Cynthia Lummis is ramping up pressure on lawmakers as the CLARITY Act enters what could be its most decisive stage yet. …
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A cryptocurrency analyst has pointed out how Dogecoin has returned to the support level of a Parallel Channel following the latest market …
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Jim Ferraioli said Charles Schwab’s Bitcoin framework centers on miner production costs, especially energy and infrastructure expenses. The most efficient miners produce …
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Mining
Bitcoin Miners Hit $1.08B in May Revenue, Then Prices Pull the Floor Away
by shayaanby shayaanKey Takeaways Bitcoin miners crossed $1.086B in May revenue, the first billion-dollar month since January. Hashprice dropped 17.82% in 30 days, pushing …
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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex …