Bitcoin News

Bitcoin News

Markets

Bitwise, Fidelity See Biggest Bitcoin ETF Inflow, Grayscale Loses Only $95M in Early Tally

BlackRock's IBIT saw the third-biggest inflow, though the data might be incomplete, analysts pointed out.

(Noah Silliman/Unsplash)

Tech

Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell 'Quantum Cats' Collection

The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.

Genesis Quantum Cats inscription from Taproot Wizards (Taproot Wizards, modified by CoinDesk)

Markets

First Mover Americas: Franklin Templeton's Bitcoin ETF Becomes the Cheapest

The latest price moves in crypto markets in context for Jan. 12, 2024.

A user examines prices on a mobile phone while looking at a graph on a laptop

Markets

Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators

Bitcoin's experience cautions traders against betting bullish on volatility on the day of the ETF approval.

Books, pile, education (sweetlouise/Pixabay)

Markets

Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations

Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.

Bull and Bear (nosheep/Pixabay)

Tech

Steward of Bitcoin Software Explains Why She Nixed an Acrimonious Code Debate

"All it was doing was generating noise," the Bitcoin Core maintainer Ava Chow says of Luke Dashjr's pull request, which would have severely curtailed the use of Ordinals inscriptions, sometimes known as "NFTs on Bitcoin."

Modified screenshot of Bitcoin Core maintainer Ava Chow's comment on GitHub, when she closed a controversial proposal from the developer Luke Dashjr. (GitHub, modified by CoinDesk)

Markets

Cathie Wood Sees Bitcoin Price Reaching $1.5M by 2030 After ETF Approval

ARK Invest's CEO previously predicted the price would reach $1 million by 2030.

Ark Invest CEO Cathie Wood

Policy

Bitcoin ETFs Stir Optimism, Ambivalence and Dread Among Crypto's Staunchest Supporters

They make the asset class "less of a scary concept" to mainstream audiences, bitcoin advocate Jameson Lopp said.

Heading of Bitcoin Whitepaper

Policy

Bitcoin ETFs Too Small to Affect Broader Investment Landscape, Moody’s Analysts Say

The exchange-traded funds will allow better access to bitcoin through regulated entities and draw institutional investors, but the crypto is still a very small asset class, CoinDesk was told.

Moody's website