The month-long range is still in effect as short-term overbought signals limit upside moves. 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. …Read the full story
A string of positive news kept bitcoin buyers active on Monday as analysts searched for signs of a short-term bottom. Traders also reacted to hedge fund manager Paul Tudor Jones’ assertion he could “go all in on the inflation trades,” during an interview with CNBC on Monday. MicroStrategy is also in the news again, preparing […]
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. …Read the full story
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. …Read the full story
Bitcoin held support around $34,000 over the weekend and is approaching resistance around $40,000-$42,000. 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. …Read the full story
And Bitcoin commoditizes governance: It takes governance’s corrupting power and turns it into a “toothless commodity,” which anyone with an internet connection can supply. This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk: shrugging off mining thunder from Washington and Beijing, and staggering at the news that U.S. Hours […]
And Bitcoin commoditizes governance: It takes governance’s corrupting power and turns it into a “toothless commodity,” which anyone with an internet connection can supply. This week, the cryptocurrency markets displayed a more sophisticated understanding of regulatory and technology risk: shrugging off mining thunder from Washington and Beijing, and staggering at the news that U.S. Hours […]
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. …Read the full story
As joyful as that vaxxed-up post-COVID reunion has been, I sure wish it hadn’t overlapped with the most significant single development in the history of cryptocurrency so far: the adoption of bitcoin as legal tender in El Salvador. Another major question is whether Salvadoran President Nayib Bukele, who is wildly popular but has made authoritarian […]
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. …Read the full story
“Attended, had access everywhere, spoke to hundreds,” Bitcoin core admin Alex Lawn tweeted. It should be obvious that CoinDesk doesn’t have a way to independently verify any of these claims, nor has prior reporting on COVID-19 at Bitcoin 2021 shown any evidence of seeking verification. “It seems most people who went to the conference itself […]
Bitcoin, the world’s largest cryptocurrency by market capitalization, was up Friday by 2.3% as of press time. The price of bitcoin climbed from $36,038 at 01:30 UTC Friday, a 4.1% gain on some rocky trading patterns, based on CoinDesk 20 data. A 4% price ride for bitcoin Friday is actually relatively stable for the asset, […]
Bitcoin, the world’s largest cryptocurrency by market capitalization, was up Friday by 2.3% as of press time. The price of bitcoin climbed from $36,038 at 01:30 UTC Friday, a 4.1% gain on some rocky trading patterns, based on CoinDesk 20 data. A 4% price ride for bitcoin Friday is actually relatively stable for the asset, […]
All week, the crypto world has been alight with the news that the Central American country of El Salvador will become the first nation to treat bitcoin as legal tender. The bitcoin community is not only celebrating a new Central American haven but pointing to El Salvador as a proving ground for “green” bitcoin. You’re […]
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. …Read the full story
If past data is a guide, Tuesday’s low near $30,000 could also turn out to be a bear-market bottom. A death cross, or the bearish crossover of 50-day and 200-day SMAs, is widely taken to represent a long-term bearish shift in momentum. Some analysts are worried that could bring in more profound losses. In other […]
This is the second recent warning the SEC has sent out in regards to bitcoin’s risk. Most bitcoin ETF applications are filed under a different law, the Securities Act of 1933, due to differences in how these laws treat such applications. This warning comes at a time when large traditional banks and investment funds increasingly […]
Bitcoin, the world’s largest cryptocurrency by market capitalization, was in the green Wednesday by 10.2% as of press time. The price of bitcoin jumped from $32,557 at 02:00 UTC Wednesday, a 13.3% gain based on CoinDesk 20 data. Bitcoin traders appear to be ignoring potentially dismal news for crypto in China. “One signal in favor […]
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. …Read the full story
Contango, a term used to describe the bullish arbitrage, occurs when the bitcoin futures price is higher than the spot price. Perpetual swaps are a type of derivative in cryptocurrency markets used to bet on future prices, similar to futures contracts in traditional commodities markets. The leader in news and information on cryptocurrency, digital assets […]