Bitcoin News

Bitcoin News

Markets

First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return

The latest price moves in crypto markets in context for April 23, 2024.

(Ronlug/Shutterstock)

Markets

Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters

The 200-day simple moving average is one of the most widely tracked indicators of bitcoin's long-term trend.

BTC's price chart. (CoinDesk/TradingView)

Markets

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.

Water, pipes. (analogicus/Pixabay)

Markets

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.

Bitcoin price on April 22 (CoinDesk)

Tech

Stacks Begins 2-Step Rollout of Major ‘Nakamoto’ Overhaul

The upgrade seeks to solve congestion issues, and will officially launch in May.

Muneeb Ali, co-creator of Stacks and CEO of Trust Machines (CoinDesk TV)

Opinion

How the Bitcoin Halving Will Drive Action to Layer 2s

Increasing on-chain use of the network are driving up fees.

(Markus Spiske/Unsplash, modified by CoinDesk)

Markets

Bitcoin Miner Hut 8’s Post-Merger Prospects Look Good: Benchmark

The broker initiated coverage of the stock with a buy rating and $12 price target.

A Hut 8 mining facility (hut8.io)

Markets

First Mover Americas: Bitcoin Layer 2s Have Their Moment

The latest price moves in crypto markets in context for April 22, 2024.

Trading screen.

Markets

Bitcoin Miners Have Raked in Abnormal Transaction Fees Since Halving: Bernstein

The spike in network fees was driven by speculative activity to mint new meme tokens following the launch of the Runes protocol, the report said.

Bitcoin miners (Shutterstock)