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CRYPTO NEWS ARCHIVE

Permanently retained stories with extracted source text and completed, source-grounded AI summaries.

  2. ALLCoinDesk

    U.S. unexpectedly shed 23,000 jobs in July, putting Fed rate hikes in question

    The U.S. lost 23,000 jobs in July, which was significantly below expectations of an 80,000 job gain and marked the second consecutive month of employment weakness, according to the government’s Nonfarm Payrolls Report. June’s originally reported 57,000 job gains were revised down to 20,000, and May’s figures were also revised lower, with the last month of job loss in February. Despite the weak job report, the unemployment rate declined slightly to 4.1%, and market reactions included gains in U.S. stock futures and a dip in interest rates, with gold up 3% and silver nearly 6%. Crypto markets showed little movement, with bitcoin remaining modestly higher at $65,000, and traders slightly reduced their expectations of a rate hike next month from 55% to 46%, according to CME FedWatch.

  7. BITCOINCoinDesk

    Bitcoin’s volatility has nearly disappeared. The risk hasn’t.

    According to CoinDesk, Bitcoin's volatility has decreased significantly, with the expected 30-day implied volatility index near 35, down from a high of 90 earlier this year, indicating that the market is currently not expecting much movement in the near future. Despite this stability, the report emphasizes that the risk has not disappeared, highlighting the market's limited conviction overall. Market activity shows a divergence, with spot demand returning but derivatives traders holding a cautious stance, especially with a high proportion of put options at $62,000 and $63,000. Senior research associate Luke Deans noted that the market is "effectively becoming crowded around the expectation that very little will happen," but warned that Bitcoin's lack of movement should not be mistaken for an absence of risk.

  9. BITCOINCointelegraph

    CleanSpark Misses Wall Street Revenue Estimates as Shares Sink

    CleanSpark, a Nasdaq-listed Bitcoin mining company, reported $138 million in revenue for Q3 2026, which is a 30.5% decrease compared to $198 million in the previous year, and narrowly missed analysts’ consensus estimate of $142.2 million. The company also reported a net loss of $239 million, compared to a net income of $257 million in the same period last year. Following the earnings report, CleanSpark's shares fell 5.5%, but then recovered 3% in pre-market trading to trade above $13.10. The company has expanded into AI and high-performance computing, including a 20-year data center lease in Georgia that is expected to generate $6.6 billion in contracted revenue over the initial term.

  16. BITCOINCoinDesk

    Live updates: 'This can't last forever': Mulling bitcoin's lame price action as risk markets rally

    Bitcoin traded near $64,350 on Friday, remaining unchanged for the week ahead of the US payrolls report, according to CoinDesk data. The overall market was waiting on the data, with ether holding at $1,903 and other major cryptocurrencies staying within a narrow range. Meanwhile, oil prices increased by 1.4% to $83.61 following reports that Iran may restrict US and Israeli ships through the Strait of Hormuz, which has raised inflation concerns and contributed to a rise in the 10-year Treasury yield. The market's response to the jobs report will influence whether bitcoin can move above its recent range, with a softer report potentially easing pressure, while a strong report could reinforce the current risk-averse conditions.

  17. BITCOINCoinDesk

    Bitcoin whales load up on $1.2 billion in BTC as ETFs attract $750 million

    Since July 29, Bitcoin whales holding 10 to 10,000 BTC have accumulated over 20,000 BTC, worth approximately $1.2 billion, in a narrow trading range below $65,000, according to Santiment. Meanwhile, U.S. spot Bitcoin ETFs have attracted over $754.69 million this week, marking their strongest week since April and indicating increased institutional demand. Despite these on-chain and ETF inflows, Bitcoin's spot price has not yet experienced a significant rally, with some analysts suggesting that a close above $65,000 is needed to confirm a sustained recovery. The accumulation trend among large players and ETF inflows reflect renewed buying pressure amid broader market uncertainties.