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Bitcoin Below $60K in a ‘Funding Reset’ Move, Tests Key Support

Bitcoin fell below $60,000 during mid-European hours early Tuesday, extending early weakness and testing the 50-day moving average (MA) for the first time since Oct. 1. Analysts said a pullback was expected and has normalized the elevated funding rates, or costs associated with holding long positions, in the perpetual futures market. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

VanEck Bitcoin Futures ETF ‘XBTF’ Launches on CBOE Exchange

After weeks of delays since winning U.S. Securities and Exchange Commission (SEC) approval in late October, investment firm VanEck’s bitcoin futures ETF started trading on the CBOE exchange Tuesday. The new ETF, which trades under stock ticker XBTF, jumped into the competition with a lower cost than two similar funds launched recently. When will the U.S. get a bitcoin spot ETF?

Recent Videos

Videos

Bitcoin Enters Pullback Mode, Is This a Buying Opportunity?

Broadhaven Capital Partners Co-founder and Partner Michael Sidgmore discusses his bitcoin analysis and outlook as the cryptocurrency is trading more than 6% lower on the day near $59,800.

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Markets

Bitcoin si stabilizza NEAR al supporto di $ 60K; incontra resistenza a $ 63K-65K

Gli indicatori a breve termine suggeriscono un ribasso limitato nelle ore di contrattazione asiatiche.

Bitcoin four-hour price chart reveals an "oversold" reading based on the RSI indicator (lower chart). (Damanick Dantes/CoinDesk, TradingView)

Finance

Perché stiamo ancora discutendo se Craig Wright sia Satoshi?

Un'affermazione coraggiosa e un piccolo sostegno finanziario possono farti ottenere molta visibilità mediatica, anche quando quasi nessuno ti crede.

Saul Martinez/Bloomberg via Getty Images

Videos

Genesis Volatility CEO on Crypto Markets Tumbling as Twitter CFO Rules Out Crypto Investment

Bitcoin, ether, and other major coins face selling pressure as anti-crypto comments from Twitter’s chief financial officer (CFO) soured the market mood. Greg Magadini, co-founder and CEO of crypto options analytics platform Genesis Volatility, discusses what he sees as bitcoin’s trajectory and trends in the options market.

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Markets

L'ETF VanEck Bitcoin Futures riceve una fredda accoglienza

Il nuovo veicolo di investimento, negoziato con il ticker azionario XBTF, si è lanciato nella competizione con una commissione inferiore a quella di due fondi simili lanciati il mese scorso. Ma il suo volume di trading del primo giorno è stato ancora relativamente anemico.

(Metropolitan Museum of Art, modified by CoinDesk)