Bitcoin News

Bitcoin News

Analyses

Crypto’s Macro Drivers – It’s Not Just About Bitcoin

The macro outlook and why it matters for bitcoin and other crypto assets. An analysis by Noelle Acheson, CoinDesk’s former head of research.

U.S. Federal Reserve Chair Jerome Powell (Federal Reserve via Wikimedia Commons)

Finance

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause

This latest move comes as the U.S. central bank battles stubbornly high inflation while dealing with a string of high-profile bank failures.

Federal Reserve Board Building (AgnosticPreachersKid/Wikimedia)

Marchés

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top

The latest price moves in crypto markets in context for May 3, 2023.

Policymakers will need to address financial stability risks, JPMorgan said. (Colton Sturgeon/Unsplash)

Marchés

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

A short squeeze refers to a rally stemming from traders squaring off their bearish short positions.

(stevepb/Pixabay)

Technologies

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols

Bitcoin already has one of the most diverse layer 2 ecosystems of any network, but coming technology upgrades could lead to an acceleration in the blockchain's development, according to Blockstream's Lisa Neigut.

Blockstream's Lisa Neigut speaks at Consensus 2023 in Austin, Texas. (CoinDesk)

Technologies

Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text

Over $8 million in fees have been paid to the network by inscription creators since their inception.

(Ordinals Protocol)

Marchés

First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient

ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected.

Busan, South Korea (Getty Images)

Marchés

Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data

Ether also rose. Equity markets dropped, including stocks of two regional banks.

Bitcoin price chart. (CoinDesk)

Finance

Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development

Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.

Balaji Srinivasan (onscreen) speaking at Consensus 2023 (Shutterstock/CoinDesk)

Marchés

Bitcoin, Ether Rise Sharply Immediately Following JOLTS Jobs Data

The two largest cryptocurrencies by market capitalization reacted positively to a reduction in job openings

(Getty Images)