Forecasts for $1 million bitcoin price likely look too ambitious, key ratio suggests
CoinDesk3h agoUpdated 1h ago
Smart Read
The thesis is that high yields on long-term U.S. Treasuries make non-yielding assets like bitcoin less attractive.
Coins in this story
Discussion
Related stories
CoinDesk
Tether says it completed long-promised 'Big Four' audit of finances behind $180 billion USDT stablecoin
KPMG U.S. examined Tether's books and even counted its gold bars as the $180 billion USDT issuer said it completed its long-promised financial audit.
CoinDesk
Trezor warns 14,000 customers after fulfilment partner suffers data breach
The incident marks the first time Trezor customers' shipping addresses were exposed.
CryptoSlate
BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it
Direct costs absorbed 99.83% of segment revenue while adjusted EBITDA stayed negative and management targeted $15 million in savings. The post BitGo made $4.3 billion in revenue last quarter, but direct costs swallowed 99.8% of it appeared first on CryptoSlate.
KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.