BTI generates one of five possible values, each representing a particular direction and strength of bitcoin’s price trend, ranging from significant downtrend to significant uptrend. “The BTI is for everyone,” Baehr said. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. […]
The paper, “Cooperation among an anonymous group protected Bitcoin during failures of decentralization,” is interesting and valuable work, including the team’s discovery of a new way of tracking Bitcoin activity through a mining data stream dubbed the “extranonce.” But it is also highly technical and nuanced, and the topics it touches on, including Bitcoin security, […]
Yet counterintuitively, the data shows that even though 64 parties controlled most of the computing power during this era, they all acted in the best interest of the network. “We sought to understand the socioeconomic process by which bitcoin transitioned from a digital object with no market, to a functional medium of exchange,” researcher Erez […]
Bitcoin experienced another relief bounce over the past 24 hours, similar to what occurred last weekend. The recent downtrend in price has stabilized above the May 12 low at $25,338, which contributed to rising momentum on the daily chart. Still, momentum remains negative on the weekly and monthly charts, which means an upswing in BTC […]
Ether, the second largest crypto by market cap, was recently changing hands just above $1,800, up slightly over the same period and well within the range it’s held over the last two two weeks under $2,000. And in a sliver of possible good news for crypto, shares of investor savant Cathie Wood’s ARK Innovation ETF, […]
A few months back, some of my work proximity associates thought it would be interesting to run a wide-reaching, sweeping Bitcoin survey to learn more about the demographics, user behaviors and general perceptions of this hotly debated digital thingamabob. Over Memorial Day weekend Block – the parent company of two prominent Bitcoin businesses, Cash App […]
The block size wars and the SegWit update “serve as a case in point” to show that “changes can be made,” Faber, senior vice president, Government Affairs at Environmental Working Group , one of the groups spearheading the campaign, told CoinDesk. According to Skar, there are two key questions as to whether the network can […]
Internet Computer’s ICP token pared Thursday’s gains and declined by 10% over the past 24 hours, compared with BTC’s flat performance over the same period. Sentiment among crypto traders remains bearish, evidenced by a downtick in the bitcoin Fear & Greed Index over the past few days. In traditional markets, the S&P 500 and Nasdaq […]
Crusoe this week announced the OIA and Mubadala were each part of a $350 million funding round that closed in April. As part of the expansion, the Denver-based miner will initially open an office in Oman’s capital city of Muscat and in Abu Dhabi shortly thereafter. In the flaring process, excess natural gas is burned […]
Bitcoin miners have gotten battered this year, their stocks declining by more than 50% on average as the price of bitcoin slumped following last year’s bull run. Such market conditions have led to investor concerns that miners won’t be able to raise the funds they need for growth because building a large-scale mining operation is […]
Now that the Fed and President Joe Biden are pledging to tamp down inflation that has been at its fastest in four decades, prices for bitcoin and stocks have come under severe downward pressure. According to the U.S. dollar is strong in foreign-exchange markets, which is theoretically the case when the Fed is raising interest […]
Trading was choppy as investors continued to shy away from riskier assets – their behavior a product of inflationary and recessionary fears that have mushroomed steadily this year. Stocks rose as the tech-heavy Nasdaq jumped 2.6%, the S&P 500 climbed 1.8% and the Dow Jones Industrial Average gained 1.2%. The price of Brent crude oil, […]
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. […]
ICYMI: CoinDesk’s Eliza Gkritsi and Aoyon Ashraf reported that a squeeze on bitcoin-mining profit margins – think lower crypto prices and higher energy costs – might be forcing miners to sell some down some of their bitcoin inventories to pay for the extra operating costs. But this thread of market logic was somewhat undermined this […]
