Bitcoin


Markets

Bitcoin Extends Rally as Trading Volume for CME Futures Hits Three-Week High

Bitcoin futures volumes on CME picked up the pace on Thursday as bitcoin extended the recent rally to levels above $7,200.

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Markets

Bitcoin Enters Historically Strong Quarter With 3% Price Gain

Bitcoin has kicked off the historically strong second quarter on a positive note – scoring gains overnight despite losses on Wall Street.

btc chart apr2

Markets

Bitcoin Takes Tumble, Traders Fret Correlation and Next Month's Halving

Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions.

Source: CoinDesk BPI

Markets

Online Black Markets' Bitcoin Revenues Take a Hit Amid Pandemic

Customers spent fewer bitcoins at darknet markets over the last two months despite the slide in the cryptocurrency's price, according to data from blockchain surveillance firm Chainalysis.

(FBI/Wikimedia Commons)

Finance

Cannabis Shops Are Using Zap's Lightning App During Coronavirus Cash Crunch

The Lightning Network startup now offers fiat-friendly bitcoin payment tools. Cannabis dispensaries in Colorado are an early proving ground.

Zap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Photo by Will Foxley for CoinDesk)

Markets

Bitcoin Ends Q1 Down 10%, Outperforming Equities in Coronavirus Crisis

Bitcoin ended the first quarter of 2020 down from the start of the year, but not as badly as the record-setting losses suffered by global equities.

Source: CoinDesk BPI

Markets

Bitcoin All-Time High in 2020? Chances Are Only 4%, Options Market Signals

The options market shows just a 4 percent chance of bitcoin crossing above $20K before year’s end, according to data from analytics firm Skew.

Open interest in CME bitcoin futures are up, signaling more investors want to buy the cryptocurrency. (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)

Finance

Bitcoin's Lightning Becomes Latest Protocol to Court Publishers With Micropayments

With paywall systems for a whole bevy of assets, crypto payments could revolutionize the media industry – if demand actually matched supply.

Lightning Labs co-founder Olaoluwa Osuntokun at the 2019 Lightning Conference in Berlin.

Markets

Bitcoin's Recent Recovery Won't Salvage a Terrible Month for Prices

While bitcoin has recovered sharply from recent lows below $4,000, the cryptocurrency is still on track to end March with a double-digit price loss.

Monthly chart

Finance

Mt. Gox Deadline Extended Again After Creditors Criticize Refund Proposal

Mt. Gox's bankruptcy trustee is holding off on filing a civil rehabilitation plan to the Tokyo District Court after creditors took issue with it.

Mt. Gox