Bitcoin News
India’s Biggest Crypto Exchange Saw 17-Fold Jump in Trading Volume in 2021
Crypto adoption is booming in semi-urban and rural areas of India despite lingering regulatory deadlock.
Solana Leads Gains as Cryptos Recover on Fed Decision
Measures to curb financial stimulus buoyed traditional and crypto markets after days of volatility and stagnation.
First Mover Asia: Fed Decision on Stimulus Money Buoys Crypto Markets
Bitcoin leaps over $49,000, while ether and other altcoins also rise.
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
A significant de-risking has already happened, leaving the door open for a classic “buy the fact” trade after the Fed decision.
Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading
Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.
Bitcoin’s Decline Suggests Fed’s Hawkish Policy Shift Is Priced In
Bitcoin appears to have digested the U.S. Federal Reserve's impending hawkish, or anti-inflation, policy adjustment with a significant decline in recent weeks. Analysts said the cryptocurrency could see a relief rally after the Fed decision, due later Wednesday. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Valkyrie Launches ETF to Track Bitcoin Balance Sheet Stocks
Crypto manager Valkyrie has launched a new exchange-traded fund (ETF). Balance Sheet Opportunities ETF, trading as VBB on Nasdaq, invests in companies with big bitcoin bags, but steers clear of bitcoin futures, sticking only to equities that invest in the coin. Valkyrie CEO Leah Wald shares insights into the ETF and hopes for a bitcoin spot ETF in the U.S.
8 Trends That Will Shape Bitcoin Mining in 2022
CoinDesk’s first ever year-end survey of crypto miners reveals a competitive but mature business with potential for merger activity to accelerate.
Bitcoin Rises Toward $50K; Resistance Seen Around $52K
Momentum is also stabilizing after several weeks of low trading volume.
Crypto Traders Laying Low While Fed Ponders
The crypto market extended its losses Wednesday as investors closely monitor the Fed's upcoming decision on raising interest rates next year. Edan Yago, lead contributor at bitcoin-focused DeFi platform Sovryn, discusses his view of bitcoin and DeFi. "The big picture of bitcoin hasn't changed," Yago said. "Inflation is still necessary to continue ... [but] there's been something of a pullback as the market waits to see what's happening."
