Bitcoin News

Bitcoin News

Markets

Bitcoin’s Role as ‘Digital Gold’ Will Aid Further Demand, Traders Say

Traders continue to point out bitcoin’s supposed role as ‘digital gold,’ amid economic headwinds in the U.S., as a possible price catalyst.

Shutterstock

Markets

Bitcoin Ordinals Protocol Token ORDI Rockets 50% on Binance Listing

Binance warned users to expect high volatility around ORDI token prices and gave it a risk classification of "higher-than-normal."

(David Mark/Pixabay)

Markets

CME Bitcoin Futures Open Interest Surge Indicates Interim BTC Price Top

Every once in a while, open interest sees a spike in a relatively short amount of time. When that happens, it nearly always marks a turning point for bitcoin prices, one observer noted.

Open interest in Chicago Mercantile Exchange's BTC futures has surged 35% in four weeks. (Erol Ahmed/Unsplash)

Markets

XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K

A few days of outperformance has ignited chatter about "altcoin season."

XRP price on Nov. 6 (CoinDesk)

Markets

Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge

Wood would choose bitcoin over gold "hands down" as an asset to hold for the next ten years.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

Finance

Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers

The hacker also stole $180,000 worth of assets on Ethereum and BSC.

(Towfiqu Barbhuiya/Unsplash)

Markets

First Mover Americas: FTX Wants to Sell Its GBTC

The latest price moves in crypto markets in context for Nov. 6, 2023.

Grayscale ad (Nikhilesh De/CoinDesk)

Markets

Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows

The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said.

BTC's price, addresses with at least $1,000 worth of BTC. (Blockware Solutions, Glassnode)

Markets

There Is No Reason Not to Be Bullish on Bitcoin After Payroll Data, Crypto Expert Says

We’re seeing decent progress on the CPI and hourly earnings trends, giving room for the Fed to speak in a continued dovish tone, Amberdata's Greg Magadini said.

(Lieve Ransijn/ Unsplash)