Tag: McKee

Bernstein said that it remains overweight on the Bitcoin mining sector, citing the growing partnerships between Bitcoin mining companies that are necessary to address the power constraints of artificial intelligence (AI) data centers. The investment manager’s Bitcoin mining industry deal tracker registered a new AI-related deal every week in July, with combined deals standing at

Bloomberg ETF analyst James Seyffart argued that the CLARITY Act should carry virtually no direct effect on Bitcoin's price. In his view, Bitcoin already holds the infrastructure the bill is trying to build for the rest of the industry: commodity treatment, regulated futures, spot ETF access, and institutional custody. That claim sits inside a wider

Bitcoin’s $66,000 rejection raises a sharper question: Can ETF inflows revive the rally...

Bitcoin trades near $65,978, below the $69,000 level Glassnode treats as the average cost basis for short-term holders, and the Federal Reserve's July 28-29 meeting will decide if this disconnect can be closed. June payrolls rose by only 57,000, unemployment stayed at 4.2%, and revisions cut April and May payrolls by a combined 74,000. Core

Imo State Governor and Chairman of the South-East Governors’ Forum, Hope Uzodimma, says the five governors in the region have resolved to support President Bola Tinubu’s re-election in 2027, citing what he described as unprecedented federal investments in the South-East. Speaking during a meeting with the Imo State Elders Council and traditional rulers in Owerri