Bitcoin News

Bitcoin News

Markets

U.S. Leading Economic Indicators Continue to Fall, No Longer Signal Recession

The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies.

The clouds are beginning to clear for the U.S. economy. (MabelAmber/Pixabay)

Markets

U.S. Elections-Linked Bitcoin Options Draw Nearly $350M in Open Interest

Distribution of open interest shows bullish sentiment, according to Wintermute.

Notional open interest in BTC options tied to U.S. elections. (Amberdata)

Tech

Bitcoin Staking Platform Babylon to Start Phased Mainnet Launch This Week

Babylon's attempts to introduce BTC staking is one of many developments in recent months that are aiming to introduce greater utility to Bitcoin

David Tse, co-founder of Babylon (Bradley Keoun, modified by CoinDesk)

Markets

First Mover Americas: XRP Outperforms as Digital Assets Start Week in the Red

The latest price moves in crypto markets in context for Aug. 19, 2024.

BTC price, Aug. 19 2024 (CoinDesk)

Markets

Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again

A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

TON Leads Crypto Majors as BTC, ETH Remain Flat

GameFi heavy TON outperformed the CoinDesk 20 during the Monday trading day in Asia.

Catizen. (Catizen)

Markets

Trump's Election Odds Are Not The Dominant Driver of Bitcoin's Price, Data Show

Many crosscurrents influencing prices, such as U.S. monetary policy expectations and supply overhangs, might be responsible for the weak correlation between election odds and BTC prices.

Bitcoin price could be tied to the outcome of the U.S. election, Jefferies said. (Danny Nelson/CoinDesk)