Bitcoin News

Bitcoin News

Markets

Bitcoin Dips Below $40K as ‘Death Cross’ Looms on Price Charts

The past record of the “Death Cross” as an indicator of deeper drawdowns is mixed.

Bitcoin's previous death cross was a bear trap (TradingView)

Markets

First Mover Asia: Bitcoin, Altcoins Rebound Amid Light Trading

Bitcoin topped $42,500 on Sunday after reaching its lowest mark since late September the day before; ether reaches over $3,200.

(Matt Cardy/Getty Images)

Markets

Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K

The price appears to have stabilized after a nearly weeklong downdraft that marked one of the cryptocurrency’s worst-ever starts to a year.

Bitcoin's daily price chart shows the cryptocurrency rebounding after a six-day losing streak. (TradingView/CoinDesk)

Markets

2021: The Year of the Alts

The market has decided that it likes bitcoin more than it did a year ago – but it really, really likes ether and its layer 1 rivals.

Altcoins if they were people.

Markets

Bitcoin Falls Toward $40K, Racks Up Longest Losing Streak Since 2018

Cryptocurrency analysts had warned of the possibility of a steeper sell-off, and now traders are wondering when and where the market shakeout might end.

Bitcoin's daily price chart shows the decline toward $40,000 after a seven-day losing streak. (TradingView/CoinDesk)

Videos

Is the Bitcoin Hashrate Becoming Vulnerable to Geopolitical Risks?

According to MiningPoolStats, hash power commanded by the largest mining pools – a reasonable proxy for overall Bitcoin hashrate – shrank by a hefty 12.7% this week. The leading cause was a political event in Kazakhstan. “All About Bitcoin” fill-in host Galen Moore explains the data in Chart of the Day.

CoinDesk placeholder image

Markets

Market Wrap: Crypto Traders Reduce Leverage, Selling Pressure Subsides

Analysts expect cryptocurrencies to stabilize given signs of healthier market conditions.

Traders on the floor at the New York Stock Exchange, New York City, USA, 2nd June 1981. (Photo by Barbara Alper/Getty Images)