Bitcoin


Markets

Against the Odds, Some Bitcoin Traders Are Betting on a $36K Price by Year's End

The Deribit exchange has seen a spike in investors buying the $36,000 December call option despite the market placing low odds on a new record high this year.

skew_top_btc_options_oi_change__prev_day-2

Markets

Crypto Long & Short: How Bitcoin Correlations Drive the Narrative

Noelle Acheson dives into the role of correlation in bitcoin’s narrative and what investor activism coming to crypto could mean for the industry.

(Nicholas Cappello/Unsplash)

Markets

Market Wrap: Bitcoin Stuck at $10.3K; Uniswap Value Locked Gyrates

The bitcoin market lacks momentum Friday but Uniswap's value locked is on a roller-coaster ride.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.

DeFi is pushing up usage and fees on Ethereum, and the blockchain network so far is passing the stress test. (Flickr Creative Commons, modified by CoinDesk)

Markets

Bitcoin Holds Firm Above $10K but Strong Bounce Proves Elusive

Bitcoin is trapped in the narrow range of $10,000 to $10,500, but on-chain metrics hint at a rally revival ahead.

Bitcoin prices since Monday (CoinDesk BPI)

Markets

Singapore Man Caned for Stealing $267K From Bitcoin Investor

The man was sentenced to three years in prison and 12 strokes of the cane for his part in the robbery and beating of a bitcoin buyer.

Singapore (MOLPIX/Shutterstock)

Markets

Market Wrap: Bitcoin Hits $10.4K; Ether Balances on Exchanges Fall to 7-Month Low

Bitcoin price trended upward before losing some steam while ether is moving off centralized exchanges.

CoinDesk 20 Bitcoin Price Index

Tech

Privacy Startup Nym Will Pay You in Bitcoin to Run Its Mixnet

The start-up is maturing and enabling plugins that allow users to plug in wallets and applications to run their traffic through its mixnet.

Harry Halpin, Nym Technologies (Christine Kim/CoinDesk)

Markets

Binance’s New Platform Will Connect CeFi and DeFi With $100M Fund

The global cryptocurrency exchange giant is putting up $100 million to support DeFi projects on Binance Smart Chain (BSC).

Binance CEO Changpeng Zhao speaks during Consensus.

Markets

First Mover: DeFi 'Vampire' SushiSwap Sucks $800M from Uniswap; BitMEX Basis Lags

SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.

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