Bitcoin


Markets

Crypto Long & Short: What Changed My Mind About Bitcoin Narratives

Is bitcoin having a good year or not? As an industry, we need to work on honing our understanding of the many narratives, and how they can influence value.

(Vintage Tone via Shutterstock)

Markets

Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen

Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.

Source: CoinDesk Bitcoin Price Index

Markets

New York Fed's 'Bitcoin Is Just Another Fiat' Claim Sparks Controversy

Economists at the New York Federal Reserve think bitcoin is a fiat currency. Nic Carter thinks the New York Fed is "insane."

“I don't know if their intent is to denigrate bitcoin but it comes off that way,” said Nic Carter of a NY Fed report. (Northfoto/Shutterstock)

Markets

Outflow of Bitcoin From Miners at Lows Not Seen Since 2010

Miner outflows of bitcoin have dropped to decade lows, with analysts saying a hoarding mentality and a drop in issuance after the halving are responsible.

dripping tap faucet

Markets

Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud

Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.

Source: CoinDesk Price Index

Policy

Trump Told Treasury Secretary to 'Go After' Bitcoin, Bolton Book Reportedly Claims

Former national security adviser John Bolton is said to have revealed the conversation in his book, scheduled for publication next week.

U.S. President Donald Trump

Tech

Polkadot Is Latest Blockchain to Explore Redeemable Bitcoin Tokens

It's only a proof-of-concept at this point, but there's now a model for locking BTC on the Bitcoin blockchain and minting PolkaBTC on Polkadot.

The polkadot-themed artwork of Yayoi Kusama.

Markets

Bitcoin Still Undervalued After Q2 Rally, Price Metric Shows

Bitcoin's Mayer multiple indicates the cryptocurrency is undervalued despite having rallied by over 40% this quarter.

Bitcoin price: April 1 to present (CoinDesk BPI)

Markets

Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On

There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.

Source: CoinDesk Bitcoin Price Index

Markets

Number of Bitcoin 'Whales' Has Risen by 2% Since Halving

Bitcoin's rally has stalled since the May halving, but that hasn't deterred large investors from accumulating coins, data shows.

Big institutional investors are not deterred by bitcoin's current high price, and they're going OTC to buy it.