Bitcoin News

Bitcoin News

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Bitcoin Drops Under $59K as BTC Demand Wanes, BlackRock’s IBIT Logs Outflows for the Second Time

U.S.-listed BTC ETFs recorded $71 million in net outflows on Thursday for the third consecutive day, SoSoValue data shows, in a sign of professional funds leaving the market.

Deutsche Bank's survey of retail investors see bitcoin (BTC) price dropping below $20K by year-end (Meg Boulden/Unsplash)

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Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses

AI-focused tokens such as FET, Render's RNDR and Bittensor's TAO slipped 7%-10% following Nvidia's post-earnings slump.

Bitcoin price on Aug. 29 (CoinDesk)

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El Salvador's Bukele Says Bitcoin Strategy a 'Net Positive,' but Adoption Lags

El Salvador now holds $400 million in its "public wallet alone," President Nayib Bukele said in an interview with TIME.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

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First Mover Americas: BTC Regains $60K Following Slide This Week

The latest price moves in crypto markets in context for Aug. 29, 2024.

BTC price, FMA Aug. 29 2024 (CoinDesk)

Teknologi

Bitcoin Layer-2 Network Stacks Begins Nakamoto Upgrade

Nakamoto could boost transaction speeds on Stacks and open the door for smart contracts using Bitcoin as a base layer.

(CoinDesk TV)

Teknologi

Protocol Village: Sony-Backed Soneium Blockchain Launches Testnet, Peaq Powers Drone Network

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 22-28.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

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Bitcoin Bounce Fizzles as Nvidia's Slide Ahead of Earnings Adds to Risk-Off Mood

Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.

Bitcoin price August 28

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Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan

Spot ether exchange-traded funds have seen net outflows of $500M since their launch, the report said.

(Shutterstock)