Bitcoin News

Bitcoin Is Far More Than a New Form of Money
Bitcoin is a complex financial ecosystem with its own currency, and independent of traditional financial platforms.

Bitcoin as an Economic Lifeline Amid Russia-Ukraine War
Human Rights Foundation’s Alex Gladstein explains the crucial role of cryptocurrency in the Ukraine war as displaced Ukrainians turn to digital assets for storage of funds.

US Senate to Consider Bill Examining El Salvador's Bitcoin Experiment
The bill, which was passed out of committee on Wednesday, generated the displeasure of El Salvador's president, Nayib Bukele.

First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts
Recent price bounces have lacked conviction among crypto traders, especially in the futures market.

BTC Correlation to the S&P 500 Hitting 17-Month High
The debate over bitcoin's value as a digital gold safe haven asset or a risky investment is heating up. As BTC's sensitivity to stock markets increases, concerns that the Federal Reserve's aggressive tightening plans may tip the U.S. economy into recession rise. Christine Lee breaks down the Chart of the Day.

Bitcoin Volatility Could Rise Despite Low Volume
CoinDesk Markets Reporter Damanick Dantes shares insights on BTC’s current price action, highlighting an increasing resemblance to risk asset behavior as bitcoin becomes more sensitive to equities. Plus, a conversation about the potential of volatility increase and bitcoin’s support and resistance levels.

Bitcoin Volatility Could Rise Despite Low Volume
CoinDesk Markets Reporter Damanick Dantes shares insights on BTC’s current price action, highlighting an increasing resemblance to risk asset behavior as bitcoin becomes more sensitive to equities. Plus, a conversation about the potential of volatility increase and bitcoin’s support and resistance levels.

New York State Assembly Committee Moves Forward With Bitcoin Mining Ban
The Environmental Conservation Committee of the New York State Assembly voted in favor of a bill that would ban proof-of-work (PoW) cryptocurrency mining for two years due to energy consumption concerns. “The Hash” hosts discuss the growing politicization of bitcoin and possible ways for the mining industry to respond.


