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Bitcoin
Adopting Bitcoin as Legal Tender Could Ruin El Salvador's Economy, Economist Says
Bitcoin holders elsewhere could suck up all the dollars in El Salvador "like a vacuum cleaner."
Stripe Co-Founder Is 'Enthusiastic' About Bitcoin, 3 Years After Ending Its Support
John Collison said all approaches to cross-border transactions, including crypto, need to be pursued in "parallel."
Market Wrap: Attempts to Push Bitcoin Above $40K Stall
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.
Most Fund Managers Say Bitcoin Still in a Bubble: Bank of America Survey
The results are up six percentage points from last month’s data, indicating sentiment on Wall Street has turned more bearish.
Open Positions in Bitcoin Futures Rise to 1-Month High
Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.
Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply
The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.
Bakkt Allows Users to Send Bitcoin, Gift Cards From Its Wallet
New functionality allows users to email crypto assets to people who don’t use the app.
3 Things to Watch for Before Calling a Bitcoin Bottom
The Fed's dot plot may show rate hikes before end-2023 versus the March projections that signaled none until 2024, one analyst said.
Bitcoin Stalls at Resistance; Lower Support at $36K
However, the short-term trend is improving as the daily chart advances from oversold levels.
MicroStrategy to Sell Up to $1B in Stock, Use Part of Proceeds to Buy Yet More Bitcoin
The company plans to sell up to $1 billion in stock to buy even more.
