Bitcoin News
Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
BTC dipped slightly during U.S. morning trading Thursday on the Commerce Department reporting a tepid gain in GDP for the first quarter and disappointing personal consumption data, before rebounding.
Russian Bitcoin Wallets Allegedly Exposed by Apparent Hacker
A mysterious bitcoiner used the OP_RETURN field to call out wallets controlled by FSB and GRU.
First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
The latest price moves in crypto markets in context for April 27, 2023.
Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
The 90-day correlation coefficient between bitcoin and the dollar index has slipped to -0.70 from -0.11 four weeks ago.
Bitcoin Market Impact From Mt. Gox Repayments Will Be Limited: Matrixport
Not all the stolen bitcoin was recovered, so only a fraction of the original amount held by creditors will be compensated, the report said.
Bitcoin's 'Estimated Leverage Ratio' Hits Lowest Point Since December 2021
The estimated ratio indicates how much leverage is used by traders on average, according to CryptoQuant.
Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Few leveraged futures traders were safe as bitcoin’s price movements impacted both longs and shorts.
First Mover Asia: Bitcoin Seesaws Wildly Before Settling Above $29K
ALSO: Writing about different sessions at Consensus 2023, CoinDesk columnist Daniel Kuhn considers the difficulty that the builders of decentralized finance (DeFi) and financial regulators are having in finding linguistic common ground.
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide-ranging panel discussion at Consensus 2023, a quartet of senior crypto industry executives discussed what's next in the digital asset market's evolution.
Global Head of Cumberland on Bitcoins Growth in Recent Markets
Chris Zuehlke, the Global Head of Cumberland and Partner at DRW, discusses at Consensus 2023 bitcoin, saying of its utility: "The cat's out of the bag. Bank deposits are risky in a way that people didn't understand."
