Reading most crypto news headlines is depressing today. BTC USD briefly tagged a 15-month low under $73,000 before snapping back above $76,000, while ETH USD continued its rough week, sliding 25% and maybe closing to $2,000. This sets the depression in crypto news today as BTC USD moves like memes with thin liquidity. Looking at the cleanest perspective, BTC and ETH are tracking weakness from Nasdaq as the total crypto market shed close to 15% the last 7 days. But is it all doom? President Trump has sig ...

Core Insights - Marathon Digital Holdings continues to transfer Bitcoin, sending 644 BTC valued at approximately $58.7 million to major exchanges, reflecting ongoing asset shifts amid challenging mining conditions [2][3][4]. Group 1: Bitcoin Transfers - The company has transferred a total of 2,348 BTC worth over $215 million earlier in November, indicating a strategic movement of assets [3]. - Recent transfers include over 150 BTC sent to Coinbase Prime just three days prior to the latest transfer [3]. Group 2: Mining Economics - The Bitcoin Hashprice Index has reached an all-time low of $38, indicating declining expected daily earnings per unit of mining power [5]. - The block reward currently stands at 3.15 BTC, highlighting the economic pressures faced by mining firms [5]. Group 3: Financial Performance - In Q3, Marathon Digital reported $252 million in revenue, a 92% year-over-year increase, primarily driven by changes in the fair value of digital assets, particularly Bitcoin [5][6]. - The company is now mining less Bitcoin than a year ago, with daily production decreasing from 23.3 BTC to 22.5 BTC [6]. Group 4: Market Conditions - Bitcoin's price has been trending downwards, recently dropping below $90,000, attributed to macroeconomic pressures and investor profit-taking [7][8]. - The CEO of Marathon Digital noted that the Federal Reserve's hawkish stance has significantly impacted market expectations, contributing to the price decline [8].

BITCOIN HITS 6-MONTH LOW AS MARKET PRESSURE MOUNTS- Bitcoin slipped below $100,000 again this week. It traded near $98,400 on Nov. 13.- The selloff did not come from one source. It came from several forces hitting at once.Liquidations Hit the Market Hard- Forced selling has been the biggest driver. More than $960 million in positions were wiped out in one day. Most of that came from longs.- Bitcoin alone saw more than $827 million in liquidations in 24 hours on Nov. 14. Ethereum and Solana added over $133 m ...

BITCOIN HITS 6-MONTH LOW AS MARKET PRESSURE MOUNTS- Bitcoin slipped below $100,000 again this week. It traded near $98,400 on Nov. 13.- The selloff did not come from one source. It came from several forces hitting at once.Liquidations Hit the Market Hard- Forced selling has been the biggest driver. More than $960 million in positions were wiped out in one day. Most of that came from longs.- Bitcoin alone saw more than $827 million in liquidations in 24 hours on Nov. 14. Ethereum and Solana added over $133 m ...

Earnings season’s bar has been lowered, but that doesn’t mean it’s easier to clear. Analysts expect U.S. companies to post softer profit growth in Q3 — roughly half the pace of the spring surge — as margin magic gives way to cost math. Big Tech is still doing the heavy lifting, but for everyone else, “resilient consumer demand” has started to sound like a dare. After two quarters of double-digit gains, earnings growth for the S&P 500 is projected to slow to about 8.8% year-over-year , down from roughly 13 ...