Bitcoin News

Bitcoin News

Finance

Blockstream’s Liquid Network Faces Delay in Processing as Transactions Begin to Stack Up

The network said funds are safe and unaffected.

(Redcharlie on Unsplash)

Markets

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval

Analysts expect that approval to fuel a fourth-quarter crypto rally.

Bitcoin 24-hour chart (CoinDesk)

Markets

Crypto Funds Draw $90M in New Money as Confidence Returns

Bitcoin-focused funds have attracted new capital for three straight weeks, after a period of outflows in recent months.

Weekly Crypto Asset Flows (CoinShares)

Videos

BitGo CEO on Bitcoin: ‘Large Peak, Large Retreat Ahead’

As bitcoin bounces back above $49,000, Mike Belshe, CEO of institutional crypto custody and security firm BitGo, discusses his short-term outlook and long-term price prediction for BTC. “We will probably … see a large peak and then a large retreat,” Belshe said. “It’s a volatile space. Be prepared for it.”

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Videos

Crypto Funds Draw $90M in New Money as Confidence Returns

Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows. Bitcoin-focused funds reportedly took in $69 million and has attracted new capital for three straight weeks after a period of outflows in recent months.

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Videos

Is Bitcoin’s Rally Over?

Bitcoin is trading around $48,000 and is roughly flat over the past 24 hours. Still, the cryptocurrency is up 13% over the past week as buyers continued to defend lower support around $40,000, but is the rally over?

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Markets

Bitcoin Steady at $48K as OMG Token Hits 3-Year High

OMG’s exchange balance is at its lowest level since September 2018

Lately, bitcoin has gravitated toward $48,000. (Unsplash, modified by CoinDesk)

Markets

Bitcoin Declines From $48K Resistance; Support at $45K

Short-term indicators show bitcoin is overbought.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Friday’s Crypto-Market Breakout Caused Massive Short Covering, May Be Technically Significant: FSInsight

Technical breakouts made by some cryptocurrencies led to “massive short covering,” the firm said in a report.

fence, breakout (CoinDesk archives)