Bitcoin News

Bitcoin News

Markets

Bitcoin’s $1T Rout Exposes Fragile Market Structure, Deutsche Bank Says

The bitcoin price drop to $80,000 last week reflected a mix of macro pressure, fading regulatory momentum and thinning liquidity that has tested bitcoin’s maturity.

Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)

Markets

Citigroup Warns of Bitcoin Halving-Season Chill as Prices Sink, ETF Outflows Near $4B

Crypto is stuck in a second-year post-halving slump, with ETF outflows and jittery long-term holders pushing bitcoin toward the bank’s bear-case outlook.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay/Modified by CoinDesk)

Markets

Strategy Might Have Paused Bitcoin Accumulation Last Week

The company's stock valuation sits near cycle lows as index exclusion chatter grows.

MicroStrategy Executive Chairman Michael Saylor (Danny Nelson/CoinDesk)

Markets

Bitcoin Longs on Bitfinex Jump 40% in Three Months as Traders Double Down on Dip

Rising margin bitcoin longs show confidence despite bitcoins ongoing correction.

BTCUSD Longs (TradingView)

Markets

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.

Looking down the path on top of China's Great Wall as it winds over a mountain ridge.

Markets

$80K Bitcoin Put Now Most Popular Bet

The $80K BTC put is now the most popular options play on Deribit.

FastNews (CoinDesk)

Markets

Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way.

Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)

Markets

Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14%

Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.

Bitcoin Logo

Markets

VanEck CEO Concerned About Bitcoin's Encryption and Privacy, Says Firm Could Walk Away

Jan van Eck questioned whether Bitcoin offers enough encryption and privacy, saying some longtime holders are examining Zcash as the market reassesses long-term assumptions.

Jan van Eck, president and CEO of asset manager VanEck, speaks at Consensus Invest 2018 (CoinDesk)

Markets

Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand

Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.

(16:9 CROP) Bull and Bear (Rawpixel)