Bitcoin News

South Korean Prosecutors Say Reports of Do Kwon’s Stopover in Dubai ‘Not False’: Bloomberg
Terra blockchain creator Do Kwon, who said he is not on the run, is rumored to have left Singapore for Dubai according to South Korean prosecutors telling Bloomberg. Merkle Science co-founder and CEO Mriganka Pattnaik discusses what we know so far and the outlook for algorithmic stablecoins. Plus, insights into tracking Luna Foundation Guard's bitcoin (BTC) reserves.

La caída de bitcoin podría continuar si la fortaleza del dólar se mantiene en los próximos trimestres, según Goldman Sachs
La fortaleza relativa de la economía estadounidense y la postura de la Fed han contribuido a llevar al dólar a un máximo de dos décadas.

Wall Street Analyst ‘Pulling the Plug’ on Bitcoin Miners Owing to Bear Market Woes
DA Davidson analyst Chris Brendler downgraded Core Scientific and Argo Blockchain from buy to neutral and said the bank has grown “increasingly concerned” about the miners.

Goldman's Bullish Dollar Forecast Could Spell More Bad News for Bitcoin
The cryptocurrency has fallen as the U.S. dollar index has gone up.

First Mover Americas: Bitcoin, Ether Flat Ahead of Busy Earnings Week, Dogecoin-Linked Token Soars
The latest price moves in crypto markets in context for Oct. 24, 2022.

First Mover Asia: Solana’s Anatoly Yakovenko Thinks His Phone Is the Tool for a Mobile Web3 Experience
The Solana protocol faces a massive challenge in convincing people to use its phone to do things they can do with existing phones.

Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie
Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.

US Stocks More Volatile Than Bitcoin for First Time Since July 2021
Bitcoin trading flat Thursday, with little movement over the last 24 hours. Stocks have become more volatile than bitcoin for the first time since July 2021. Bitcoin's 30-day volatility has dipped below that of the S&P 500. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Bitcoin Undervalued by On-Chain Metric, Might Remain That Way: Technical Take
Bitcoin is trading at a historic discount, while battling macro hurdles, CoinDesk Markets analyst Glenn Williams Jr. writes.

Bitcoin Flat as Volatility Hits 2-Year Low and Stocks Rise
Bitcoin’s 30-day price volatility dropped to the lowest in almost two years, data shows.

