Bitcoin


Markets

Bitcoin Suffers Steepest Drop in 10 Days as US Monetary Policy Causes 'Short-Term Jitters'

Bitcoin continues its descent amid whispers of U.S. Federal Reserve tapering economic stimulus and China's ongoing pressure on crypto miners.

Stock prices

Policy

El Salvador Commerce Secretary: Bitcoin Won't Replace Dollar

Miguel Kattán, a member of President Nayib Bukele’s cabinet, sought to reassure Salvadorans fearful of a full pivot to a bitcoin standard.

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Markets

Bitcoin’s 'Authoritarian Hipster'

El Salvador's Nayib Bukele has built a career by courting the vulnerable while attacking the establishment. Now he wants bitcoin as legal tender.

nayib bukele

Markets

Investors See Possible El Salvador Bitcoin Embrace as Too Little to Move Market

El Salvador's announcement was largely ignored by markets, possibly due to the country's small size, analysts say.

El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.

Markets

Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC

Ether’s dominance is at 19.78%, the highest it has been since May 16.

CoinDesk XBX Index

Markets

Ethereum and XRP Looking More Attractive as Investors Rush to Exit Bitcoin Funds

Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.

Weekly digital asset fund flows

Markets

Deutsche Bank Issues Stark US Inflation Warning, Seeing Economic Parallels to 1940s, 1970s

Inflation could send the global economy into recession as central banks lose control, according to Deutsche Bank.

Deutsche Bank

Markets

Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens

BTC remains in a tight trading range as the uptrend weakens. Upside appears limited this week.

Bitcoin hourly chart

Markets

Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says

They will show resilience even if the central bank curtails its monetary stimulus program.

Federal Reserve Chair Jerome Powell