Bitcoin News

Bitcoin News

Markets

Market Wrap: Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices

Unexpectedly poor data on U.S. job creation spurs speculation the worst of the bear market may be over.

(Midjourney/CoinDesk)

Videos

Barclays Remains Positive on Bitcoin; Elon Musk Reportedly Reignites Twitter Acquisition Plans

Barclays remains positive about bitcoin (BTC) long-term, and views bitcoin miner Core Scientific as a “best-in-class, leveraged play.” Plus, Bloomberg reports that Tesla CEO Elon Musk is offering to go through with his $44 billion Twitter deal, sending the social media stock price soaring.

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Videos

Bitcoin Builds Bullish Momentum But Some Analysts Expect Renewed Dollar Strength

Bitcoin (BTC) continues to build bullish momentum, hoping that the U.S. Federal Reserve and other central banks will pivot away from aggressive monetary policy. Yet, some observers are unconvinced the Fed will abandon or dramatically slow the so-called liquidity tightening anytime soon, and they expect renewed dollar strength. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

Videos

Bitcoin Gains Momentum on Fed Pivot Narrative

Bitcoin (BTC) continues to build bullish momentum on the expectation that the U.S. Federal Reserve and other major central banks would slow tightening. Arca Portfolio Manager David Nage discusses his crypto markets analysis, investor sentiment, and consumer trends. “A lot of people are on pause, they’re in neutral,” Nage said.

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Videos

Consumers Are Holding Back: Arca Portfolio Manager

"There's more dollars in savings accounts than ever before from the consumer perspective," says Arca Portfolio Manager David Nage. He shares his markets analysis as bitcoin (BTC) gains momentum.

Recent Videos

Markets

First Mover Americas: Bitcoin Busts Past $20K on Hopes of Fed Pivot

The latest price moves in crypto markets in context for Oct. 4, 2022.

Bitcoin surged above $20,000 on Tuesday. (Aaron Burden/Unsplash)

Finance

Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’

Barclays initiates coverage of the bitcoin miner with buy-equivalent rating.

Core Scientific facility in North Carolina. (Core Scientific)

Markets

Bitcoin Gains Momentum on Fed Pivot Narrative, but Some Banks Anticipate Dollar Rebound

Bitcoin rose above $20,000 soon before press time, extending Monday's "ISM-induced" gains as dollar continued to lose ground.

Bitcoin rose past $20K during European hours. (Highcharts.com/CoinDesk)

Markets

Shares in Grayscale's Bitcoin Trust Trade at 36% Discount to Fund's NAV

The shares first slipped into the discount category in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.

The GBTC discount widens to a new record high. (m./Unsplash)

Markets

First Mover Asia: Bitcoin Climbs Back Past $19.5K Amid Fresh Hopes for a Fed Retreat; Binance's Failed Plan to Boost the Price of Luna Classic

The largest cryptocurrency by market capitalization and ether both spent much of Monday in the green.

Bitcoin climbed higher in Monday trading. (Justin Lewis/Getty Images)