Bitcoin News

Bitcoin News

Markets

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018

Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Jenga image via Shutterstock

Markets

Cryptos See Over $1B in Liquidations as Bitcoin, Ether Lose Major Support Levels

Bitcoin lost the $25,000 level, while ether briefly slid to nearly $1,200.

(Allkindza/Getty Images)

Markets

First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; ether plummets 17%.

Analysts responded differently to Celsius' announcement. (CoinDesk archives)

Markets

Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear

Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.

Bitcoin's price is no longer clinging to the $30K zone. (CoinDesk)

Finance

MicroStrategy Now Down $1B on Its Bitcoin Bet

Bitcoin has extended its plunge to a fresh 18-month low, below $23,000.

MicroStrategy Executive Chairman Michael Saylor

Finance

Binance Resumes Bitcoin Withdrawals After Pause

CEO Changpeng Zhao attributed the issue to a "stuck transaction," and promised a quick fix.

Binance CEO Changpeng Zhao (Getty images)

Markets

SOL, DOGE Lead Plunge in Major Cryptos as Traders Warn of ‘Severe Losses’ Ahead

Higher inflation will continue forcing higher interest rates, which would be negative for economic growth, one analyst said.

Crypto markets remained bearish. (Christopher Sweet/EyeEm/Getty Images)

Markets

Bitcoin Plunges Below $25K, Lowest Level Since December 2020

A weak macroeconomic environment and systemic risk from within the crypto space have caused nearly 12 successive weeks of losses for the asset.

People taking a plunge. (Mike Powell/Getty Images)