Bitcoin


Markets

Why Bitcoin Suddenly Dropped 6% on Thursday

The week-long calm in the bitcoin market ended with a sudden $800 price drop on Thursday. Here's three likely reasons why.

btc chart jun 12

Markets

Market Wrap: Stocks' Carnage Drags Bitcoin Down to $9K

A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.

Source: CoinDesk Bitcoin Price Index

Markets

Bitcoin News Roundup for June 11, 2020

With BTC and global equity markets down more than 1% on the day, CoinDesk’s Markets Daily is back with your bitcoin news roundup.

Markets Daily Front Page Default

Markets

Three Arrows Capital Now Holds More Than 6% of Grayscale's $3.6B Bitcoin Trust

Three Arrows Capital now holds about 6.26% of the shares in the Grayscale Bitcoin Trust, or more than 20,000 bitcoins' worth.

Road directional arrows (The Image Bank RF/Getty Images)

Markets

Bitcoin Stuck Below $10K as Stocks Drop

With the Fed dashing hopes of a V-shaped recovery, it's uncertain whether bitcoin will become a store of value or begin to track stocks.

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Markets

Meet the Pro-Bitcoin, Anti-BitLicense Democrat Running for State Office

Patrick Nelson has been an advocate for bitcoin in his seven-year political career. He wants to see New York's BitLicense reformed and blockchain voting used in special cases.

Patrick Nelson is running for New York State Senate after making a name as a pro-bitcoin and anti-BitLicense local politician (Credit: Patrick Nelson)

Policy

Human Rights Foundation Funds Bitcoin Privacy Tools Despite 'Coin Mixing' Legal Stigma

The Human Rights Foundation took a strong stance on bitcoin privacy tech Wednesday by announcing its new Bitcoin Developer Fund.

Alex Gladstein of the Human Rights Foundation speaks at Consensus 2019.

Finance

Microsoft Releases Bitcoin-Based ID Tool as COVID-19 'Passports' Draw Criticism

Microsoft’s Bitcoin-based decentralized identity tool, ION, just went live with a beta version on mainnet.

Credit: Shutterstock

Markets

First Mover: Bitcoin Bulls Might Get Negative Rates From Central Banks, Just Not the Fed

The Fed may remain intransigent about negative rates, but bitcoin may benefit from other central bankers who are keeping the option firmly on the table.

Credit: Shutterstock

Markets

Another Data Point Suggests Bitcoin Close to Prolonged Bull Market

Bitcoin could be on the verge of breaking into a multi-month bull run, according to a lesser-known data metric.

Credit: Shutterstock/wonderlustpicstravel