Halving weakness sees $206 million exit crypto funds, Bitcoin miners pivot to AI

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.

- Chaos in the Middle East continues to generate a geopolitical safe-haven bid in the gold market, but there are signs that the precious metal’s bull run is losing momentum.Gold SWOT: The sharp rise in gold prices this year could provide a nice bump to miners’ earnings.

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Exec says upcoming Bitcoin halving is on a ‘different scale’ as…Bitcoin typically sees price dips post-halving, followed by gradual recoveries to reach new highs historically.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin’s latest ‘halving’ has arrived and here’s what you need to knowBitcoin holding steady at about $63,907 after ‘halving’
Source: globeandmail - 🏆 5. / 92 Read more »

Bitcoin halving: What does it mean and why does it matter?The halving event comes after bitcoin hit an all-time high of US$73,803.25 in March.
Source: GlobalCalgary - 🏆 50. / 61 Read more »

Bitcoin whales accumulate as price coils near $70k – pre-halving breakout or breakdown?The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Bitcoin miners’ $69 million payout: Boom before April halving?Bitcoin's hashrate bumped to a new ATH, as miners pressed their machines into full strength to boost revenues ahead of the halving.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin’s Implied Volatility Rises as Nerves Fray Before HalvingOne of the options market’s closely watched indicators is starting to show that speculators are getting nervous ahead of a once-every-four-years Bitcoin code adjustment that has been bullish for the cryptocurrency in the past.
Source: BNNBloomberg - 🏆 83. / 50 Read more »