Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada




Today's News

Today's headlines cover a range of topics, from the stock market to crypto to current events. Here's a look at what's making news today.


  • The Chicago Mercantile Exchange (CME) reported higher than expected profits, attributing the surge to increased trading volumes.
  • Andreessen Horowitz (a16z), a venture capital firm with a heavy focus on cryptocurrency, lost 40% of the value of its crypto fund in the first half of 2022.
  • ProShares, a company that offers exchange-traded funds (ETFs) focused on cryptocurrency, saw its Bitcoin Futures Fund burn through a record $1.2 billion of investors' money over the course of its first year.
  • The stock market traded mixed on Thursday, with tech stocks leading the way down after a number of companies reported weak earnings.
  • The U.S. Department of Justice has accused a Ukrainian man of renting out the Raccoon malware, which is used to steal information from PCs, to criminals.
  • Google reported its slowest revenue growth in nearly 10 years, leading to a decline in its share price.
  • Tesla CEO Elon Musk has hinted that he may take action against Apple's in-app purchase fees after Twitter announced that it would no longer allow them on its platform.
  • If you had invested in Bitcoin following advice from Matt Damon, you would have lost a lot of money over the past year.
  • Bitcoin, Ethereum, and Dogecoin are all up today, with Bitcoin reaching a new all-time high.
  • U.S. stocks traded mixed on Friday as earnings from mega-cap tech companies got off to a weak start.
  • A new report shows that Bitcoin is popular with young investors, who see it as a way to get around the current financial system.
  • There is speculation that crypto brokers may cash out the donation wallets intended for the Russian military.
  • Police in Arizona are investigating letters that have been sent to Democrats and voters that contain creepy messages and threats.
  • The outlook for the cryptocurrency market is more bearish than bullish, with a number of factors working against a recovery.
  • Kollider, a startup that is building financial products for the Lightning Network, has raised $2.4 million.
  • Bitcoin surged on Wednesday, with the price rising above $20,000 for the first time since December 2017.
  • The mention of cryptocurrency in Australia's budget shows that the government is taking the industry seriously.
  • Bitcoin jumped to $21,000 after a weak jobs report from the U.S. and less hawkish comments from the Bank of Canada.
  • Midwits, Wassies, and HODLers are some of the most popular memes in the cryptocurrency trading community.
  • The cryptocurrency markets saw the largest short liquidations in 15 months on Wednesday, with Ethereum leading the way.
  • Bloomberg's new "Crypto Outlook" report is bullish on Bitcoin and Ethereum, but bearish on most other cryptocurrencies.
  • A16z's Largest Crypto Fund Loses 40% Value in First Half of 2022: Report
  • In Topsy Turvy Market Logic, Positive U.S. GDP Could Be Negative For Crypto
  • DeFi Must Be Defended
  • What a Web3 Hackathon Teaches Us About Diversity in Crypto
  • Elon Musk's Recommendation To Invest In 'Physical Things' May Be His Best Advice Yet
  • Bitcoin Fundamentalism: The Moral And Logical High Ground
  • Let The Free Market Regulate The Value And Efficiency Of Bitcoin