Bitcoin


Markets

First Mover: Federal Reserve, Congress Play Game of Chicken Over Stimulus as Market Lurches

Markets from stocks to bitcoin have groaned amid dimming prospects for more U.S. stimulus, and neither Congress nor the Fed are taking the lead.

As traders look for fresh stimulus to keep markets buoyant, neither Congress nor the Fed appears ready to blink.

Markets

Strengthening US Dollar Could Bring Further Downside for Bitcoin

With the U.S. dollar eyeing a pre-election recovery, the path of least resistance for bitcoin may be to the downside.

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Finance

Bitcoin in Africa: FastBitcoins Partners With Flexepin to Expand Global Footprint

FastBitcoins has partnered with ASX-listed Flexepin to bring the U.K.-based crypto company's services to 20,000 more locations.

Mombasa, Kenya

Markets

Market Wrap: Bitcoin Drops to $10.2K; Scaling Solution xDai Doubles in Value Locked

Bitcoin price dipped Wednesday while investors park crypto in Ethereum sidechain stablecoin xDai.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Bitcoins Hit Exchanges as Bloomberg Touts Crypto and DeFi Hedge Fund Seeks $50M

Bloomberg hails crypto as top 2020 asset, bitcoin hits exchanges, options traders see calm around U.S. elections, hedge fund seeks $50M for DeFi.

Wall Street sees U.S. November presidential elections injecting chaos into stock markets, but cryptocurrency options traders see nothing but calm ahead in the bitcoin market.

Markets

Bitcoin Market Weakening After Macro-Based Sell-Off, On-Chain Data Suggests

Bitcoin inventory is building on exchanges but there's a lack of buyers, according to a Chainalysis economist.

Bitcoin price chart for Wednesday (CoinDesk BPI)

Markets

Crypto Hedge Fund Looks for $50M to Buy DeFi Tokens Amid Market Pullback

Panxora, a cryptocurrency hedge fund manager, seeks $50 million to buy digital tokens associated with decentralized finance, known as DeFi.

Panxora is raising money for a hedge fund focused on DeFi tokens.

Markets

Market Wrap: Bitcoin Clings to $10.4K; Ether in Smart Contracts Highest Since 2016

Bitcoin price holds steady while ether in smart contracts reach a level not seen in four years.

CoinDesk 20 Bitcoin Price Index

Tech

Supply of Tokenized Bitcoin on Ethereum Now Tops $1.1B: Here's Why

The supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 WBTC minted within one week. Here’s why.

wrapped bitcoin

Markets

Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election

Analysts warn against reading too much into the complacency suggested by the volatility metrics.

Florida Approves Voting Reform Bill