Bitcoin


Markets

‘Bitcoin Rich List’ Reaches All-Time High

The "Bitcoin Rich List" reached a new high, possibly because of more interest from institutional and high-net-worth investors.

glassnode-studio_bitcoin-number-of-addresses-with-balance-≥-1-k

Finance

Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin

Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."

Ottawa, Canada (Robbie Palmer/Unsplash)

Markets

Ether Volatility Now Highest in Six Months Compared With Bitcoin’s

Investors are pricing more volatility in ether compared to bitcoin. It's yet another consequence of this year's boom in decentralized finance, or DeFi.

Spread of ether's implied volatility over bitcoin's.

Markets

First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club

Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included.

Cryptocurrency markets could make the clubby world of venture-capital investing more democratic. (Damonrand/Creative Commons, modified by CoinDesk)

Markets

Leveraged Funds Take Record Bearish Positions in Bitcoin Futures

The funds likely boosted short positions to take advantage of attractive "cash and carry" yields.

CFTC report data on bitcoin futures (chart via Skew)

Markets

Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year

Bitcoin’s price is trending down while ether options traders expect bearish moves to come.

CoinDesk 20 Bitcoin Price Index

Markets

Blockchain Bites: Bitcoin's Weary Bulls, ETC's Action Plan, INX's IPO

INX is gearing up for a landmark IPO while 1 billion tether jumped from Tron to Ethereum.

(Brandon Hoogenboom/Unsplash)

Markets

First Mover: Wacky Bitcoin-to-DeFi Crypto Markets Might Be New Home of Capitalism

Cryptocurrency markets from bitcoin to DeFi might be full of rampant speculation, but they also might be keeping the fires of capitalism lit.

New digital markets might be the place where capitalism is getting revived. ("Portraits at the Stock Exchange" by Edgar Degas/Metropolitan Museum of Art, modified by CoinDesk.)

Markets

Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop

While soaring open interest can be a sign of a continuing trend, the offloading of calls suggests bitcoin could correct further.

Maria Prymachenko. Ukrainian bull. 1977
(Ввласенко/Wikimedia Commons)

Markets

Bitcoin in Cuba: A Local YouTube Influencer Explains How It Works

Bitcoin in Cuba is "growing and gaining strength," according to YouTube influencer Erich García Cruz. Here's how Cubans are using crypto.

Havana-based Erich García Cruz runs the Bachecubano YouTube channel and its 22,000 subscribers. (Erich García Cruz)