Bitcoin News

Bitcoin News

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BTC Balance on Exchanges Drops to Lowest Level Since 2018

Host Christine Lee presents Glassnode data illustrating that the number of coins held on centralized cryptocurrency exchanges has dropped to its lowest level since September 2018.

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Catalysts for Bitcoin's Recent Price Rally

The "Week in Review" panel analyzes possible drivers for bitcoin's recent price rallies. Sovereign nations and institutional investors like Goldman Sachs and Bridgewater Associates have shown increased interest in digital assets. Plus, highlights from CoinDesk’s Mining Week content.

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Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather

BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price.

(Jared Schwitzke/Unsplash)

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Why Web 3 Needs Africa

“The Hash” hosts discuss the crucial role Africa plays in the adoption of Web 3 technologies, being home to the second largest bitcoin market in the world. The conversation touches on financial inclusion, digital payments, and efforts to educate the continent's youth on technology. 

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Bitcoin City: El Salvador’s Dreams for Utopia on Hold

Locals interviewed by CoinDesk have mixed feelings about El Salvador’s multimillion dollar proposal financed by “bitcoin bonds.”

A Chivo Wallet agent assisting a user in La Union, El Salvador (Elaine Ramirez/CoinDesk)

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Could Arizona Be the Next Blockchain Innovation Hub?

AZ Bitcoin Network organizer Stephen Cole joins “Community Crypto” host Isaiah Jackson to discuss emerging crypto communities and growing use of bitcoin in Arizona. Plus, reactions to regulators reining in bitcoin’s energy consumption.

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Bitcoin Faces Initial Resistance at $46K; Support at $42K

Seasonal strength could keep buyers active within the year-long price range.

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

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Janet Yellen, Sounding More Constructive, Acknowledges Crypto's Role in Finance

The former Fed chair and current Treasury secretary had been skeptical, saying in 2018 she "was not a fan" of bitcoin.

Treasury Secretary Janet Yellen (Anna Moneymaker/Getty Images, modified by CoinDesk)

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China Stamping Out Mining; Crypto Market Makes Gains

China takes aim at corruption in underground Bitcoin mining. Russian committee proposes bitcoin payment for oil and energy exports. Crypto markets shift to upward trend after weeks of volatility. DeFi, NFT access at stake as FATF Travel Rule goes into force in South Korea. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Markets React to Terraform Labs’ Increased BTC Reserves

Darren Lim, Research Analyst at blockchain analytics platform Nansen, discusses several noticeable blockchain transactions associated with Terraform Labs' plans to increase UST's bitcoin reserve to $3 billion. Plus, insights on how a bitcoin-backed stablecoin would function and why ETH transfers to Ukraine are spiking. 

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