Bitcoin News

Bitcoin News

Markets

Bitcoin Cools Off at $34K, But '5th Bull Market' Has Further to Run, Says Analyst

Dogecoin and PEPE gained 5%-6% on Thursday, fading the action in a mostly lower cryptocurrency market.

BTC price on Oct. 26 (CoinDesk)

Markets

Bitcoin Primed for 'Supply Shock' as Exchange Balance Drops to 5-Year Low, Analyst Says

A spot ETF approval could fundamentally alter bitcoin's supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com's Matt Weller told CoinDesk TV.

Bitcoin balance on exchanges (Glassnode)

Markets

First Mover Americas: Deutsche Bank Trials a SWIFT Alternative for Stablecoins

The latest price moves in crypto markets in context for Oct. 25, 2023.

cd

Markets

Bitcoin’s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says

There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.

stone columns in front of a building

Markets

Bitcoin to Score 'Golden Cross' After 30% Price Surge in 2 Weeks

The forthcoming price pattern would signal a strengthening of bullish momentum.

statue of a bull

Markets

Grayscale Bitcoin Trust Outshines Nvidia With 220% Gain This Year

"GBTC is the gift that keeps giving," one observer said.

GBTC's daily price chart (TradingViw/CoinDesk)

Markets

Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally

Bitcoin's bullish momentum could prove a harbinger of an altcoin rally, one analyst noted.

Bitcoin Dominance Rate (TradingView)

Tech

Protocol Village: Clearpool, DeFi Credit Market, Expands to Optimism's OP Mainnet

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 16-25, with live updates throughout.

Scene from Protocol Village at Consensus 2023 in Austin, Texas.