Bitcoin News

Bitcoin News

CoinDesk News

El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains

Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s called Berlín,” said one resident.

Berlín’s Bitcoin Community Center, viewed from the street. (Credit: Tom Carreras)

Markets

Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K

Both the headline and core rates of inflation rose faster than expected in January.

Two paper carrier bags of fresh fruit and baked products. (Maria Lin Kim/Unsplash)

Markets

Dogecoin Leads Market Slide as Bitcoin Traders Monitor Dollar Positioning

Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.

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

Markets

Bitcoin's Coinbase Premium Indicator Shows Overseas BTC Buyers Taking the Lead Ahead of CPI Release

BTC buyers over Binance seem to be leading the BTC price action ahead of the CPI release.

Coinbase bitcoin premium index. (Coinglass)

Markets

Bitcoin May See Gains from Soft U.S. CPI, Major Risk-On Surge in BTC Appears Unlikely

A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin. But those expecting bullish fireworks may be disappointed.

February U.S. CPI report is due Wednesday. (geralt/Pixabay)

Markets

Crypto Ecosystem Growth Slowed in January Even as Total Market Cap Rose, JPMorgan Says

Total crypto market cap increased 8% to about $3.4 trillion last month, the report said.

JPMorgan building (Shutterstock)

Markets

KULR Expands Bitcoin Holdings to 610 BTC, Reports 167% BTC Yield

Company strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.

Sequans acquired 370 BTC initially and aims to accumulate over 3,000 BTC(Shutterstock)

Policy

Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa

Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.

Hong Kong's skyline (Chris Lam/CoinDesk)

Finance

U.K. Man Wants to Buy Landfill Site in Search for Lost $784M of Bitcoin: Report

He tried to sue the local council for not responding to his requests to search the site, but the case was dismissed by a judge in January.

Landfill site (Getty Images / Unsplash)

Markets

Strategy Resumes Bitcoin Purchases, Takes Holdings to 478,740 BTC

Executive Chairman Michael Saylor Announces a Bitcoin Purchase of $742.4 million

MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)