Bitcoin News

Bitcoin News

Videos

Bitcoin’s Correlation to Meme Stocks Reaches Highest Level Since 2020

CoinDesk Markets Analyst Damanick Dantes discusses bitcoin’s strong correlation with meme stocks at its highest level since 2020, and what it reveals about the crypto markets. Plus, his bitcoin price outlook as the Luna Foundation Guard purchased over $270 million in BTC this week for its UST stablecoin reserves.

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Videos

Bitcoin Holds Steady as Luna Foundation Guard Purchases Over $270M BTC This Week

Bitcoin’s price has stabilized as Luna Foundation Guard (LFG) resumed its BTC buying spree. This week, the nonprofit organization focused on UST acquired nearly 5,800 BTC worth over $270 million. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Markets

Bitcoin Flirts With 9-Day Winning Streak, Nears $48K

Bitcoin price stays flat after a few jumps in the past week.

The bitcoin price was around $47,026 as of press time, down 1.67% from yesterday. (CoinDesk)

Markets

Market Wrap: Crypto Sentiment Improves, Though Risk Remains as Russia Plays Down Peace Talks

Bitcoin's Fear & Greed Index is at its highest level since November. Altcoins outperform.

Bitcoin 24-hour price chart (CoinDesk)

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Finance

Galaxy’s Novogratz and Bakkt’s Michael Differ on Bitcoin’s Case as Digital Gold

Each spoke separately Wednesday during the Barclays Crypto and Blockchain Summit.

Galaxy Digital CEO Mike Novogratz thinks bitcoin is “ready for prime time.” (Mina De La O/Getty images)

Policy

EU's MiCA Bill to Enter Next Phase of Negotiations on Thursday

The landmark Markets in Crypto Assets legislative framework will now be discussed between the European Parliament, Council and Commission.

European Union flag (Håkan Dahlström/Getty)

Markets

Bitcoin Holding Support Above $46K; Resistance at $48K-$51K

BTC buyers could remain active over the short-term.

Bitcoin daily chart shows nearby resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Videos

Crypto Markets React to $600M Axie Infinity Exploit

Charlotte Principato, Morning Consult financial services analyst, discusses the current state of the crypto markets following the $625 million exploit of Axie Infinity’s Ronin network. Plus, a conversation on the market impact of Luna Foundation Guard’s purchase of $272 million worth of bitcoin for its stablecoin reserves. 

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Policy

ECB Official Calls for ‘Less Tolerant’ Approach to Bitcoin ‘Gambling’

Fabio Panetta's remarks come as EU lawmakers consider measures to end anonymous crypto transactions and cut off unregulated exchanges.

ECB Official Fabio Panetta (Thierry Monasse/Getty Images, modified by CoinDesk)

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