Bitcoin News

5 Reasons for Crypto to Be Thankful
CoinDesk’s Chief Content Officer picks out five big trends to be pleased about.

Goldman Says Fed May Accelerate Tapering in January: Report
The new projection means the asset purchase program would end in March.

Bitcoin Slips to $55K as Renewed COVID Concerns Jolt Traditional Markets
The cryptocurrency appeared set for a breakout above $60,000 after Thursday’s rise, but COVID fears played spoilsport.

First Mover Asia: What Holiday? Bitcoin Soars Past $59K Amid Brisk Trading
Ether rose more than 6% and altcoins GALA, SAND, MANA and SHIB were among other winners on the day.

Bearish Sentiment Grips Bitcoin Ahead of $3B Options Expiry
Bitcoin’s put options become pricier amid Fed rate hike fears.

First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops
A recovery in the tether-yuan pairing suggests the Chinese market is slowly recovering from the country’s crypto trading ban in September.

Market Wrap: Higher Volatility Expected in Bitcoin and Ether
There could be sharp price moves over the next few days.

Bitcoin Faces Resistance Around $57K, Altcoins Recover From 7-Day Lows
Bitcoin is meeting the $57,000 resistance level during U.S. trading hours Wednesday as altcoins and other layer 1 tokens recovered from seven-day lows. New data on bitcoin dominance continued to signal a bias toward altcoin exposure. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

IMF: Bitcoin Should Not Be Legal Tender in El Salvador
The International Monetary Fund (IMF) stated bitcoin should not be used as legal tender in El Salvador, saying its plans to acquire more BTC will require a “very careful analysis” of implications for its financial stability. It also questioned President Nayib Bukele’s announcement of a $1 billion bitcoin-backed bond.

