Bitcoin


Markets

Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

Today was the first time bitcoin traded below $30,000 since Jan. 21.

CoinDesk 20 Bitcoin Price Index

Markets

BIS Chief Blasts Bitcoin's Viability, Prompting Blowback From Advocates

Bitcoin maximalists cried foul at the central banker's prognostications.

BIS General Manager Agustin Carstens

Markets

First Mover: Risks Nobody's Ever Seen, From the Fed to Tether (and GameStop)

Risks surrounding tether have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.

Federal Reserve Chair Jerome Powell

Markets

Bitcoin Briefly Dips Below $30K, Dollar Bounces Ahead of Fed Reserve Rate Announcement

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.

Fed Chairman Jerome Powell

Markets

Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi

Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.

CoinDesk 20 Bitcoin Price Index

Markets

Bubbles Are Good for Bitcoin

Far from being damaging to bitcoin, bubbles help bring in new users and ultimately accelerate the project's growth.

marc-sendra-martorell-bYDhXnc1cyk-unsplash

Markets

Bitcoin Falls as Miners Sell, Institutions Watch Yellen

Some institutions have paused their buying, at least for the moment.

The infamous "buy bitcoin" sign behind then-Fed Chair Janet Yellen as she testified on Capitol Hill.

Markets

Blockchain Bites: Universities Are Gaining Bitcoin Exposure as Institutional ETH Appetite Grows

Meanwhile, BoE Governor Andrew Bailey said crypto qua crypto fails as currency qua currency, though dissidents like Alexey Navalny might disagree.

Bank of England Chief Andrew Bailey

Markets

First Mover: The Smart Money (Literally) Buying Crypto as Harvard Said to Be Holding

The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.

Harvard University's Widener Library

Finance

What Is Guggenheim Partners?

Guggenheim Partners is part of the next wave of institutional investment firms looking to step into bitcoin.

Scott Minerd, chief investment officer of Guggenheim Partners.