Bitcoin News

Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'
A minor increase in price could send short sellers scrambling to close their bets.

Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M
Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.

World's First Combined Bitcoin, Gold Exchange-Traded Product Listed in Switzerland
The product was developed by ETP issuer 21Shares and crypto data provider ByteTree Asset Management.

Six of 10 Salvadorans Quit Using the Chivo Wallet After Getting the Bitcoin Incentive, Study Finds
“Most users who used Chivo after spending the $30 bonus do not engage with the app intensively,” the U.S. National Bureau of Economic Research reported.

First Mover Asia: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows
Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto; bitcoin and ether drop.

Crypto Market's Direction During a Recession Might Depend on Nasdaq
Analysts say as the broader stock market goes, so goes bitcoin when recession hits.

Chainalysis: Bitcoin Less Than 25% of All Cryptocurrencies Stolen by DPRK
Bitcoin accounts for less than a quarter of all cryptocurrencies stolen by North Korea, according to Chainalysis. This comes in light of North Korea’s recent hack of $625 million from Axie Infinity’s Ronin network. How does the security of the Bitcoin blockchain compare with its competitors? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

SkyBridge Capital’s Anthony Scaramucci on the Future of Bitcoin
Anthony “The Mooch” Scaramucci, founder of SkyBridge Capital and the SALT Conference, joins “All About Bitcoin” live from Crypto Bahamas to discuss the future of bitcoin, his firm’s investments, Twitter accepting Musk’s $44 billion deal and more.

Market Wrap: Cryptos and Stocks Fall; Bitcoin Trades Below $40K
Sentiment among crypto traders remains mixed.

Lightning Payments Come to Mobile Games, Fueling Bitcoin Adoption
THNDR CEO Des Dickerson sees gaming as fertile ground for layer 2 payments and a big avenue for bringing new Bitcoiners into the fold. This piece is part of CoinDesk's Payments Week.

