Bitcoin News

Bitcoin News

Mercati

Bitcoin Drops $9K in an Hour on Spot Market Selling; El Salvador Again Buys the Dip

The leading cryptocurrency is currently trading around $47,960.

Bitcoin price on Dec. 4, 2021. (CoinDesk)

Mercati

Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Buying has been weak despite short-term oversold signals.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Mercati

Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether

Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year.

Bitcoin 24 hour price chart (CoinDesk)

Mercati

Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

Payrolls data is forecast to show the U.S. economy added 550,000 jobs in November after 531,000 additions in October.

Bitcoin continues to trade in a narrow range below $60,000 on Dec. 3 (TradingView)

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Bitcoin Confined to Familiar Range as Stocks Rise Ahead of Payrolls Data

New data on bitcoin's price movement reveals the cryptocurrency is continuing to trade in a familiar range as traditional markets exhibit improved risk appetite, with investors eyeing the release of the U.S. monthly employment report. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Bitcoin Drops Below $56K as Momentum Slows, Support at $53K

Bitcoin sellers were active Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support at about $53,000 could stabilize the current pullback. “All About Bitcoin’s” Week in Review panel discusses the week’s events that could have brought BTC to this low point and Square’s pivot after renaming itself as Block.

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Finanza

Silk Road Founder Ross Ulbricht, Who Proved the Case for Bitcoin, Can Do So for NFTs

Ulbricht’s NFT project could be a sea change for credibly neutral charity efforts.

Ross Ulbricht/Free Ross

Video

When Will Bitcoin Break Out of Rangebound?

Bitcoin is trading near $57,000 at press time, extending a three-day-long consolidation in the familiar range of $55,800 to $59,300. Mark Elenowitz, president of trading software firm Horizon Fintex, discusses the potential impact of Omicron, inflation worries, regulation, and other factors he’s continuing to watch to indicate a breakout could be near.

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Video

Messari CEO Ryan Selkis Reflects on the Year in Crypto

Crypto analytics firm Messari has released its Crypto Theses for 2022, a 150+ page report on key trends, people, companies, and projects to watch across the crypto landscape, with predictions for next year. Messari CEO Ryan Selkis shares insights into the past year in crypto amid mounting regulatory pressure in the space.

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Mercati

First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K

The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of its existing users in mainland China.

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