Bitcoin News

Bitcoin News

Markets

Bitcoin Slips Toward $38K After Rally Fizzles

Russia's suspension of gas supplies to Poland appeared to darken the largest cryptocurrency's failed attempt to hold gains above $40K, market analysts say.

The largest cryptocurrency was down 3.25% in the past 24 hours, trading at $38,210. (CoinDesk)

Markets

Bitcoin Pullback Deepens, Support at $37K

BTC's current pullback is similar to what occurred in September of last year, albeit with weak price momentum.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Finance

Fort Worth to Become First US City to Mine Bitcoin

The Texas city will begin a pilot project with three Antminer S9 mining rigs following a vote by the city council on Tuesday.

Fort Worth Mayor Mattie Parker (left) and TBC President Lee Bratcher  (Fort Worth)

Finance

First Mover Americas: Bitcoin's Price Bounce Stalls; Options 'Max Pain' in Focus

The latest moves in crypto markets in context for April 26, 2022.

Price bounce (Getty Images)

Layer 2

The Lightning Network Is Bringing Payments Back to Bitcoin

The Lightning Network, which enables small and instant bitcoin payments, is getting bigger and more useful. Here's a state of play. This piece is part of CoinDesk's Payments Week.

(Yunha Lee/CoinDesk)

Markets

Bitcoin's Correlation With Gold-Backed PAXG Token Weakens to Record Low

Bitcoin's inverse correlation with PAXG represents the leading cryptocurrency's recent behavior as a risk asset rather than a store of value.

(Federal Reserve Bank of New York, modified by CoinDesk)

Finance

Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts

Investors can use part of their savings to invest in the world’s largest cryptocurrency, if their employers allow.

CoinDesk placeholder image

Markets

First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500

Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.

Hong Kong Stock Exchange (Shutterstock)