Bitcoin mining is no longer profitable after crypto’s latest downward turn, analyst says

Most bitcoin miners are no longer profiting from their digital asset-related operations as the flagship cryptocurrency falls further into the red, according to a new analyst note from Rosenblatt. Bitcoin was last trading at $64,143, down roughly 26% year to date. Earlier on Tuesday, the token sank just below $63,000, dropping near its lowest level … Read more

Stocks, gold, bitcoin in the first 100 days of Trump’s presidency

Wall Street investors believe that, at least in the short term, certain asset classes such as gold and bitcoin could be fated to mirror their performances from the first time Donald Trump took office in 2017. The sentiment around Trump’s pro-business second term has been largely bullish, with the broad S & P 500 benchmark … Read more