Bitcoin


Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Markets

Bitcoin Breaks Below $42K; Next Support at $34K as Intermediate Trend Turns Bearish

The next level of support is seen at around $34,000, which could stabilize the sell-off.

BTC daily chart

Markets

Bitcoin Plummets to Below $40K

The world’s largest cryptocurrency by volume has dropped in a month nearly 40% from its all-time high.

24-hour bitcoin price chart on May 19, 2021.

Markets

Why You Shouldn’t Look at Bitcoin Backwardation Like an Oil Trader

Backwardation refers to a downward sloping futures curve where front-month contracts trade at a higher price than far-maturity contracts.

The bitcoin futures market briefly went into backwardation amid this week's price tumult.

Markets

'Extreme Fear' Grips Bitcoin Market After Price Plunge, Sentiment Gauge Shows

The drop in market sentiment follows the past week's bitcoin price plunge, according to Arcane Research.

CVI is designed to mimic the VIX, or fear, index for crypto.

Tech

Blockstream Hosts BlockFi's New Bitcoin Mining Venture

The crypto lender is entering Bitcoin mining in the midst of a boom in North America’s bitcoin mining industry.

Bitcoin mining equipment

Markets

China Reiterates Crypto Bans From 2013 and 2017

Regulators cite the dangers of speculative trading.

Unsplash, modified by CoinDesk

Markets

Crypto Exchanges See Fastest Bitcoin Inflows Since ‘Black Thursday’ in March 2020

Inflows are mainly concentrated on the retail-focused Binance, while institutions continue to hold.

Bitcoin inflows to cryptocurrency exchanges surged Monday to a 15-month high.

Markets

‘Long Bitcoin’ Is World’s Most 'Crowded' Trade: Bank of America Survey

A bullish bet on the cryptocurrency was also the most crowded trade in January.

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