Bitcoin News

Bitcoin News

Policy

At Least $14M Out of $26M in Donated Crypto to Ukraine Already Disbursed

The founder of the Kuna crypto exchange behind the government's crypto fundraising said on CoinDesk TV that the money is being spent "efficiently."

(Michael Chobanian on CoinDesk TV)

Markets

Market Wrap: Bitcoin Decouples From Stocks Ahead of Seasonally Weak March

Bitcoin and ether were up 5% over the past 24 hours, while stocks closed lower.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Videos

Bitcoin Extends Rally as Russian Ruble Crashes Amid Ukraine Conflict and Global Sanctions

Anthony Saccaro, Providence Financial and Insurance Services founder, discusses the macro factors currently driving the bitcoin markets, including the Russian ruble's devaluation amid the Russia-Ukraine conflict, the prospect of interest rates hikes in the United States, and bitcoin's recognization as an alternative asset class during wartime.

Recent Videos

Videos

Ukraine Bitcoin Trading at 6% Premium as Russia-Ukraine Conflict Intensifies

In today’s “Chart of the Day” segment, Christine Lee presents a chart from Kaiko showing bitcoin trading at a 6% premium on Binance’s Ukrainian hryvnia market, compared to bitcoin’s price in the U.S. dollar market following Russia’s invasion of Ukraine.

CoinDesk placeholder image

Markets

Bitcoin HODLers Unfazed by Macro and Geopolitical Risks

These three charts show investors are holding onto their cryptocurrency for future profits rather than selling.

It's the "strong hands" who are dominating. (Metropolitan Museum of Art, modified by CoinDesk)

Markets

Bitcoin Extends Rally After Biggest Gain in Year

The largest cryptocurrency was higher after jumping 14% on Monday, the biggest gain since February 2021. So far, the price has stopped just shy of $45,000.

Bitcoin has support above $43,000 but is still shy of the $45,000 mark

Markets

Bitcoin Bounce Stalls, Resistance Between $44K and $46K

Buyers could remain active at lower support levels, particularly at $40K.

Bitcoin's four-hour chart shows nearby resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Policy

EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report

The language had sparked enough of an outcry that a Monday vote on the bill's passage was indefinitely delayed.

A controversial proposed ban on proof-of-work crypto in the EU is off the table for now. (Walter Zerla/Getty)