Frances Yue

Frances Yue

Latest from Frances Yue


Mercados

Bitcoin Mining Hashrate Drops to 1-Year Low; Difficulty Set for 25% Decrease

Concerns about the extent of the China crackdown have contributed to the past months' decline in bitcoin's price to about $34,200.

bitcoin mining machines at a mining facility operated by Bitmain Technologies Ltd. in Ordos, Inner Mongolia

Mercados

Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues

The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March.

Bitcoin 24-hour price chart

Mercados

Market Wrap: Bitcoin in Recovery Mode Ahead of Options Expiry

Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.

Bitcoin 24-hour price chart

Mercados

Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger

Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.

Bitcoin 24-hour price chart

Mercados

Market Wrap: Bitcoin Back Above $30K in Volatile Trading Session

Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.

Bitcoin 24-hour price chart

Mercados

MicroStrategy’s Most Recent Bond Drops Below Par as Bitcoin Sells Off

The price on the $500 million bond has fallen by almost three points.

MicroStrategy CEO Michael Saylor.

Finanzas

Amber Group Valued at $1B in $100M Funding Round

The crypto financial services firm said it plans to use the funding to expand its global operations.

jack-b-h4hblnE_MqU-unsplash

Mercados

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin’s "death cross" could increase selling pressure into the weekend.

Bitcoin 24-hour price chart

Mercados

US Government to Auction Off Seized Litecoin Alongside Bitcoin

Uncle Sam is now selling litecoins it obtained for tax nonpayment.

Uncle Sam will auction off litecoins seized due to nonpayment of taxes.

Mercados

Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement

Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.

Bitcoin 24-hour price chart

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