Bitcoin News

Bitcoin News

Markets

China Returns as Third Largest Bitcoin Mining Hub With a 14% Share: Reuters

Underground activity expands as cheap power, miner demand and softer policy signals support a renewed mining push in key provinces in China.

Looking down the path on top of China's Great Wall as it winds over a mountain ridge.

Markets

$80K Bitcoin Put Now Most Popular Bet

The $80K BTC put is now the most popular options play on Deribit.

FastNews (CoinDesk)

Markets

Bitcoin ETFs, Led by BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate

The U.S.-listed spot bitcoin ETFs saw a record $40 billion in trading volume last week, with IBIT leading the way.

Volatility indices tied to BTC and the S&P 500 stabilize. (Unsplash, Kanchanara)

Markets

Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14%

Bitcoin and major altcoins bounced Sunday after an oversold RSI reading and more than $200M in liquidations signaled seller exhaustion amid thin weekend liquidity.

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Markets

VanEck CEO Concerned About Bitcoin's Encryption and Privacy, Says Firm Could Walk Away

Jan van Eck questioned whether Bitcoin offers enough encryption and privacy, saying some longtime holders are examining Zcash as the market reassesses long-term assumptions.

Jan van Eck, president and CEO of asset manager VanEck, speaks at Consensus Invest 2018 (CoinDesk)

Markets

Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand

Bitcoin is on track for its worst weekly performance since March, while U.S. demand indicators weaken as the Coinbase premium declines and spot ETFs reach a record volume.

(16:9 CROP) Bull and Bear (Rawpixel)

Markets

Michael Saylor Speaks Out Again as MSCI Concerns Mount

JPMorgan warning on potential MSCI exclusion sparks fresh pressure, prompting another public response from the executive chairman.

Michael Saylor

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Policy

U.S. House Bill Would Allow Federal Taxes in BTC While Aiding U.S. Reserve

Rep. Warren Davidson introduced legislation that allows bitcoin tax payments without incurring capital gains to beef up the U.S. Strategic Bitcoin Reserve.

Representative Warren Davidson (R-Ohio) (Jesse Hamilton/CoinDesk)

Markets

BTC Traders Brace for Price Crash to $75K; No Bottom Seen: Research Firm

Put options have dominated trading activity over the past week.

Slide. (GuentherDillingen/Pixabay)

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