Bitcoin News

Bitcoin News

Markets

First Mover Americas: Michael Saylor's Wager on Bitcoin Looking Better

The latest price moves in crypto markets in context for August 7, 2023.

MicroStrategy CEO Michael Saylor, center (Joe Raedle/Getty Images)

Markets

Crypto Options Traders Bet Against Volatility

"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling, or writing, call or put options.

open laptop next to a pen lying on a blank notepad page

Web3

NFT Trading Is Ice Cold But Developers Are Still Hot for Web3

This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles.

3D planes from the EY-ZERO1 NFT collection. (OpenSea)

Markets

Bitcoin Little Changed This Week as Broader Crypto Gauge Sheds 1.6%

The theme of relatively flat prices continued as July turned to August.

(Getty Images)

Finance

Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin

The move is part of a "process of developing technologies that are going to create democratizing opportunities for wealth creation," Suarez said in an interview on CoinDesk TV on Friday.

Miami Mayor Francis Suarez will accept bitcoin donations for his presidential campaign. (CoinDesk TV)

Finance

U.S. Added 187K Jobs in July, Missing Estimates for 200K, Bitcoin Slips to $29,100

The unemployment rate fell to 3.5% versus forecasts for 3.6%.

(Unsplash)

Markets

Bitcoin Holdings on OTC Desks Decline 33%: Glassnode

Over-the-counter desk balances are widely considered a proxy for institutional activity. Still, caution is warranted when drawing conclusions.

BTC OTC desk balance (Glassnode)