Bitcoin News

Bitcoin News

Markets

Major Reversals From Overnight Action Continue Following Biden Sanction Remarks

Bitcoin is up more than $4K from its weakest levels of the day, while the Nasdaq has moved sharply into positive territory.

Cryptos reverse course

Markets

Bitcoin Latest Price Drop Suggests It’s Not ‘Digital Gold’ for Everyone

As geopolitical tensions rise, the cryptocurrency's price has fallen.

Bitcoin's price vs. gold, year-to-date returns. (CoinDesk Research, St. Louis Fed, Yahoo Finance)

Finance

Bitcoin Miner Core Scientific Has More Than 100% Upside: BTIG

Core came public last month via a SPAC merger, but has struggled alongside declines in the price of bitcoin.

Core Scientific's mining facility in Calvert City, Ky. (CoinDesk archives)

Markets

Bitcoin Selling Intensifies; Support at $30K Could Stabilize Correction

There are initial signs of downside exhaustion, although upside appears limited.

Bitcoin daily chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Videos

Crypto Market Cap Tumbled to $1.5T While Gold and Oil Prices Soar Amid Russia-Ukraine Conflict

Michele Schneider, Marketgauge Group Managing Director, joins “First Mover” to discuss the current state of the crypto markets following Russia’s invasion of Ukraine. Additionally, Schneider shares her take on bitcoin as a hedge against inflation and storage of value, and the price actions of altcoins

Recent Videos

Markets

Las principales criptomonedas caen en medio de la crisis en Ucrania

Bitcoin, por su parte, fue considerado como un activo menos riesgoso por parte de inversores.

Bitcoin cayó 9% hasta los $34.500 en las primeras horas de Asia. (TradingView)

Opinion

The Case for Taxing Proof-of-Work

Most bitcoin owners aren't cypherpunks and don't require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives. This post is part of CoinDesk's Tax Week.

(Umberto/Unsplash)

Markets

Pain Ahead for Major Cryptos on Ukraine Crisis, With Bitcoin Seen Less Risky by Some

Russia’s attack on Ukraine hit global markets on Thursday, sending crypto prices tumbling. Here’s what analysts are saying about the market.

Bitcoin cayó 9% hasta los $34.500 en las primeras horas de Asia. (TradingView)

Markets

Cardano’s ADA Dives 18%, Leading Plunge in Cryptos as Russia Begins War With Ukraine

Global stocks are tumbling alongside cryptocurrencies, with Western European indexes down nearly 5% and U.S. futures pointing to about a 3% opening decline.

(CoinDesk archives)