Bitcoin


Markets

During Bitcoin's Latest Price Crash, 'Tether Premium' Shows Where Money Went

The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.

tether

Policy

Firms Like Ripple May Put 'Competitive Pressure' on Traditional Indian Banks: EY

The EY paper suggests that because Ripple is faster, less expensive and more transparent it could put “competitive pressure” on India’s traditional banking system.

Collection of Indian banknotes

Markets

Bitcoin Traders Are Buying More Downside Protection, Options Data Shows

A steep drop in the Bitcoin blockchain's hashrate may have prompted some traders to hedge, after prices fell to a three-week low.

Bitcoin options traders are looking for protection on the downside.

Markets

Market Wrap: Bitcoin Recovers From Sunday Slump to $56K as Doge Jumps 19%

Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.

CoinDesk 20 Bitcoin Price Index

Markets

Bloomberg's McGlone Warns of ‘Predominant Deflationary Forces’

Bloomberg anticipates continued deflation and peak oil similar to 2018. This could be negative for bitcoin.

pop balloon inflation

Markets

Crypto Futures Saw Record $10B Worth of Liquidations on Sunday

Record futures liquidations show leverage was excessively skewed bullish.

skew_btc_futures_annualized_rolling_3mth_basis

Markets

If Bitcoin Starts Closing Below the 50-Day SMA It May Mean Deeper Pullback Ahead

"The loss of bullish momentum is only short term in nature," one chart analyst said.

BTC dailies 1

Markets

Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash

Bitcoin nosedived to a three-week low of $52,148 during Sunday's Asian hours.

Bitcoin's price fell from near $60,000 to just above $50,000 in a short period.