Bitcoin News

Bitcoin News

Markets

Ether, Dogecoin Lead Capital Rotation Away From Bitcoin as Altcoin Fever Resurges

Macro and legislative tailwinds continue to shape the altcoin trade, with some eyeing real-world asset linked projects for further gains.

Markets. (Shutterstock)

Markets

Bitcoin's Dominance Slides by Most in 3 Years as BTC's Correlation With Altcoins Weakens

The declining correlation between bitcoin and altcoins suggests potential for increased market volatility and forced liquidations, per one observer.

BTC's dominance rate tanks. (Mediamodifier/Pixabay)

Markets

Asia Morning Briefing: Miners and Whales Dumping BTC Amid Rally May Signal 'Local Top'

BTC’s rally to all-time highs triggered the largest miner sell-off since April, with 16K BTC moved to exchanges.

(André François McKenzie/Unsplash)

Markets

Gordon Brown Redux? UK Reportedly Mulls Sale of 5B Pounds in Bitcoin

Facing a budget hole of perhaps 20 billion pounds, the country's Home Office is working with the police to perhaps sell billions of seized crypto, according to The Telegraph.

UK Chancellor Rachel Reeves (Leon Neal/Getty Images)

Finance

Shares of Jack Dorsey’s Block Jump 8.5% on S&P 500 Inclusion

Inclusion in the S&P 500 index will increase Block's visibility and exposure to institutional investors, who will indirectly gain exposure to bitcoin.

Square PoS (Square/Unsplash)

Markets

Charles Schwab CEO Says Crypto Trading Is Coming Soon, Will Compete With Coinbase for Retail

Rick Wurster says clients want crypto to sit next to their stocks and bonds and that Schwab will “absolutely” compete with Coinbase as it rolls out BTC and ETH trading.

Bitcoin trades at $118,256 after dipping from a 24-hour high of $119,186.

Markets

Bitcoin Slips Below $118K, ETH, XRP Pare Big Gains, but Rally Remains on Firm Ground, Says Coinbase

Expect pullbacks, but there's not yet the type of runaway speculation associated with tops, Coinbase analysts said.

Bitcoin price on July 18 (CoinDesk)

Markets

U.S. Dollar's Recent Recovery May Have Legs, but Don't Bet on Comeback, Analysts Warn

All things being equal, a stronger U.S. dollar tends to work against higher bitcoin prices.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

Markets

Bitcoin Traders Are Discussing BTC’s Record High, but Quantum Computing Is Threatening the Math Behind It

Bitcoin relies on elliptic curve cryptography (ECC) to secure wallet addresses and validate ownership. But ECC, like RSA, is vulnerable to Shor’s algorithm — a quantum computing method capable of cracking the discrete logarithm problem, the core math behind Bitcoin's private keys.

math behind bitcoin