Bitcoin News

Bitcoin News

Markets

Bitcoin Options Traders Shrug Off Post-CPI Choppy Price Action

The mood in the options market remains positive even as the cryptocurrency struggles to build upside momentum on the back of a bullish U.S. inflation report.

BTC's choppy price action. (CoinDesk/HIghCharts.com)

Markets

Ethereum Tops New Crypto ESG Ranking, Bitcoin Slammed for Heavy Energy Usage

Crypto data firm CCData released the first institutional-grade scoring system that evaluates digital assets focusing on environmental, social and governance aspects.

Top ranking digital assets in the ESG ranking (CCData)

Markets

Bitcoin Breakout Above $31K Elusive as Shorts Pile In

Bitcoin has failed twice this week to scale the $31,000 mark, with open interest in stablecoin-margined futures rising on both occasions.

Dice (955169/Pixabay)

Markets

First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved

ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.

Bitcoin daily chart. (CoinDesk Indices)

Markets

Bitcoin Shrugs Off Solid Inflation Report, Holds Steady Over $30K

While hourly data showed increased volatility, bitcoin’s daily price movement was relatively calm

Bitcoin 07/12/23 (CoinDesk Indices)

Markets

Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K

Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.

(JESHOOTS.COM/Unspalsh)

Videos

Bitcoin Reaction as Inflation Eases; Could Elon Musk Rival ChatGPT Next?

“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including bitcoin's reaction after the Consumer Price Index (CPI) slipped to 3.0% on a year-over-year basis in June from 4.0% in May. Plus, on-chain data reveals how much Silk Road-linked bitcoin the U.S. government recently moved. And, Elon Musk announces his new AI company, xAI, that states its mission is to "understand the true nature of the universe."

Recent Videos

Finance

Silk Road–Linked Bitcoin Worth $300M Moved by U.S. Government: On-Chain Data

The U.S. government previously sold 9,861 bitcoin for $216 million in March.

U.S. government moves bitcoin (Blockchain.com)