Bitcoin


Markets

There's a 'Clearance Sale' on Bitcoin, but Institutions Aren't Rushing In

“Despite there being a sign in the recent bear market that investors are scared off, we don’t see massive outflow from institutional users,” one crypto exchange executive said.

On Wall Street, bitcoin adoption appears to have slowed – for now.

Markets

Bitcoin Hashrate Stabilizes After China Crackdown

The majority of the reduction stemmed from China's move to shut down cryptocurrency mining operations in the country, with a little bit from Iran.

Greenidge Mining center

Markets

'They'd Rather Buy Bitcoin and Take That Risk': An Interview With Paxful's Nena Nwachukwu

Last year’s End SARS protests over police brutality were a catalyst for Bitcoin adoption in Nigeria, says Nwachukwu, ahead of CoinDesk’s Crypto State event.

"End SARS" protesters in Nigeria last year.

Markets

Bitcoin Upside Stalls, Could Find Support Near $30K-$33K

Bitcoin was unable to sustain a series of higher price lows over the past few days.

Bitcoin four-hour chart

Markets

Bitcoin Set for Record Second-Quarter Price Drop

Bitcoin's second-quarter decline looks like a technical pullback, one observer said.

BTC performance

Markets

BNY Mellon Subsidiary Doubts Bitcoin as Payment Solution, Unlike Its Parent: Report

Despite its parent company's recent foray into the industry, the subsidiary is calling for caution on investing in assets like bitcoin.

BNY Mellon

Markets

Australia's Financial Watchdog Says Bitcoin ETP Could Create 'Risk,' Seeks Feedback

ASIC said it is attempting to evaluate whether cryptos are appropriate underlying assets for an exchange-traded product.

Sydney, Australia

Markets

Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind

Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.

Bitcoin 24-hour price chart, CoinDesk 20