Bitcoin News

Bitcoin News

Markets

Bitcoin Short Squeeze Lifts Prices Back to $26K

A short squeeze refers to a price rally driven by an unwinding of bearish bets.

Bitcoin's price chart (CoinDesk/Highcharts.com)

Markets

Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale

Alternative cryptocurrencies could take a hit as FTX looks to shed its $3.4 billion stash of digital assets, crypto services provider Matrixport noted.

BTC price on Sep. 11 (CoinDesk)

Markets

First Mover Americas: Altcoins Start the Week in the Red

The latest price moves in crypto markets in context for Sept. 11, 2023.

(CoinDesk)

Markets

Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

While bulls point to next year's halving as a bull catalyst, any sizable uptrend is likely contingent on major central banks boosting their year-on-year M2 money supply growth rates, past data show.

a hundred dollar bill

Markets

First Mover Americas: Bitcoin Shows Signs of Life

The latest price moves in crypto markets in context for Sept. 8, 2023.

(CoinDesk)

Finance

MicroStrategy's Large Bitcoin Impairment Losses Have Given a False Impression: Berenberg

FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.

MicroStrategy Executive Director Michael Saylor (CoinDesk)