Bitcoin News

Bitcoin News

Markets

First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound

The latest price moves in crypto markets in context for May 13, 2024.

BTC price, FMA May 13 2024 (CoinDesk)

Markets

Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein

Lower cost miners have increased market share since the bitcoin halving, the report said.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says

One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.

Panic. (Andrey Metelev/Unsplash)

Markets

Stablecoin Expansion Stalls Ahead of U.S. Inflation Data

Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.

Combined market cap of USDT, USDC, DAI with BTC's price and total crypto market cap. (TradingView/CoinDesk)

Markets

Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows

The announcement comes as the yen, one of the top five global reserve currencies, bears the brunt of Japan's fiscal imprudence.

Japan (Su San Lee/Unsplash)

Markets

Bitcoin Is in a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say

This period could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.

Bitcoin's price on May 10 (CoinDesk)

Markets

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030

Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.

Jack Dorsey speaks at Consensus 2018 (CoinDesk)

Markets

Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K

Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.

Bitcoin slides back into familiar range (Shutterstock)

Markets

TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K

Apple's brief mention of Render-powered 3D design software Octane cheered bulls on RNDR.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)