Bitcoin News

Bitcoin News

Finance

As Ethereum Merge Looms, Michael Saylor Pushes Back Against Bitcoin's Energy Critics

The bitcoin maximalist, executive chairman of MicroStrategy and recently alleged tax evader says the Bitcoin network’s output is 100 times greater in cost than its input.

Michael Saylor merch at BTC 2022 (Danny Nelson/CoinDesk)

Markets

A Full Percentage Point Rate Hike? Bitcoin Traders Size Up Fed’s Desperation on Inflation

Chances of a 100 basis point rate hike rose fast following Tuesday's CPI report.

Traders on the Chicago Mercantile Exchange started pricing in a 32% chance of a 100 basis point rate hike by the Federal Rate in September. (CME)

Videos

How Will Bitcoin Dominance Be Impacted by the Merge?

"You'd have to expect Ethereum to continue to take ... the global total crypto market share," Eaglebrook’s Director of Research Joe Orsini says. He explains how Ethereum's improvements post-Merge could impact bitcoin.

Recent Videos

Videos

'Distinct Demand Patterns' With Ether Futures: CME Group Exec

Bitcoin and ether are "trading about the same," says Tim McCourt, Global Head of Equity & FX Products at CME Group, "But, we have seen more ... distinct enthusiasm around ether." He outlines how the top two cryptocurrencies by market cap are trading on CME.

Recent Videos

Markets

Fuertes caídas de bitcoin y ether causan pérdidas de más de US$250 millones en futuros

BTC cayó 9% en las últimas 24 horas y tuvo el mayor descenso entre las principales criptomonedas, y ETH perdió 6%, según datos de CoinDesk.

BTC cayó 9% en las últimas 24 horas, el mayor descenso entre las principales criptomonedas, mientras que ETH perdió 6%, según datos de CoinDesk. (Unsplash)

Markets

First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More Hype

The latest price moves in crypto markets in context for Sept. 14, 2022.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Finance

La dificultad de minado de bitcoin alcanza un máximo histórico

El aumento en la dificultad de la minería se produce cuando el hashrate se mantiene fuerte, a pesar de que el precio de bitcoin está bajando.

La dificultad de minado de bitcoin alcanza su pico máximo. (Sam Ewen/CoinDesk)

Markets

Steep Drops in Bitcoin, Ether Cause Over $250M in Futures Losses

BTC fell 9% in the past 24 hours, the most among major cryptocurrencies, while ETH dropped 6%, CoinDesk data shows.

El mercado de futuros de bitcoin se inclina hacia la baja. (Unsplash)

Finance

Bitcoin Mining Difficulty Edges to All-Time High

The bump in mining difficulty comes as hashrate remains strong, despite bitcoin’s price edging downward.

(Midjourney/CoinDesk)

Markets

First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts

The bill would prohibit California-licensed entities from dealing with stablecoins unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation.

Cryptos plummeted Tuesday. (Jay Radhakrishnan/Getty Images)