Bitcoin


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

Tech

Bitcoin-on-Ethereum Token tBTC Relaunches Following Buggy Debut in May

TBTC, a decentralized way to copy bitcoin (BTC) over to Ethereum, is relaunching today after a smart-contract bug sunk the project in May.

CoinDesk placeholder image

Markets

First Mover: Bitcoin's Latest Sell-Off Gets Crypto Traders Mulling Election Chaos

Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.

U.S. election chaos in November might spill over into crypto markets.

Markets

Equity Markets Turmoil Could Push Bitcoin Below $10K, Say Analysts

Bitcoin risks falling into four figures on a continued sell-off in equities and rebounding U.S. dollar.

btc cht

Markets

Market Wrap: Bitcoin Dips to $10.1K, Ether Drops to $330 on Sell-Off Session

Bitcoin and ether price fell precipitously Monday as markets globally roil in uncertainty.

CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin and Ether in Biggest Slump Since Sept. 3 as Stock Markets Sink

Prices for both Bitcoin and Ether fell sharply in the past 24 hours, after a drop in global equities.

Bitcoin prices, Sept. 21, 2020.