Bitcoin


Markets

Market Wrap: Bitcoin Bounces to $54K as Ether Fees Drop Below Average in Past Week

Bitcoin’s recovery may spark momentum that should persist this week, said one trader.

CoinDesk XBX Index

Finance

Elon Musk's Tesla Sold Bitcoin in Q1 for Proceeds of $272M

Elon Musk's electric vehicle company purchased $1.5 billion in BTC in February.

Tesla CEO Elon Musk

Markets

Digital Asset Fund Inflows Fall to Lowest Level Since October

Bitcoin prices fell 14% during the seven days through April 23, while ether rose 18%..

Weekly Digital Asset Fund Flows

Markets

Blockchain Data May Have Foreshadowed Monday's Bitcoin Price Rally

The SOPR indicator, which measures aggregate net profit/loss could signal a BTC market bottom, according to Glassnode data.

BTC SOPR Indicator

Policy

Time Is Running Out to Win the Blockchain Race

Tech and financial services companies might think they have plenty of time to develop a "blockchain strategy." If history is a guide, they don't, says EY's blockchain leader.

jan-huber-N6Pb35YpWHw-unsplash

Markets

Bitcoin Price Jumps 9%, Most Since Early March

Bias for short-term bitcoin puts or bearish bets has weakened in the wake of price rise.

Bitcoin is jumping.

Markets

Polygon Jumps in Crypto Market Rebound, as Ether Congestion Drives Adoption for Rivals

Polygon has seen a 10x rise in the number of transactions since the start of the year.

Polygon is appearing everywhere all of a sudden.

Finance

Chiefs Tight End Sean Culkin to Convert Entire NFL Salary Into Bitcoin

The fifth-year player will use Zap’s Strike to take his entire base salary of $920,000 in what Culkin said was “the hardest form of currency.”

Sean Culkin played for the Los Angeles Chargers in 2019.

Markets

Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $58K

BTC is attempting to break above a series of lower price highs from April 14, which could stabilize the short-term downtrend.

BTC Four-Hour Chart

Markets

Bitcoin Snaps 5-Day Losing Streak, Climbs Above $52K

The bellwether cryptocurrency was changing hands around $52,150, with hourly buyer volume at the highest since April 23.

bounce ball