Bitcoin News

Bitcoin News

Mercati

Market Wrap: Bitcoin Dips; Trading Range Could Result in Sharp Price Swings

Analysts expect two or three months of price stabilization before a recovery. Others expect greater volatility.

Volatility ahead (Matt Hardy/Unsplash)

Video

Data Suggests Number of Ordinary Russians Adopting Crypto Is on the Rise

In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating that the number of bitcoin addresses holding more than or equal to one dollar is rising alongside trading volume in Russia, possibly indicating that the crypto is being adopted as a financial safe haven by everyday Russians to preserve wealth and not by warmongers looking to avoid sanctions. Plus, data regarding investments flows into crypto funds.

Recent Videos

Mercati

Bitcoin Holding Support Above $35K-$37K, Resistance at $45K

BTC appears to be oversold on intraday charts, although momentum has weakened.

El gráfico de cuatro horas de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Mercati

Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months

A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.

A net $127 million of inflows into digital-asset funds last week was the highest in almost three months. (CoinShares)

Video

Russia-Ukraine’s Impact on Crypto, Oil and More

Ben McMillan of IDC Digital Assets joins “First Mover” to address the current state of the crypto markets as Russia’s invasion of Ukraine shows no signs of slowing down. McMillan addresses the soaring price of oil as Western countries are mulling a Russia oil ban.

CoinDesk placeholder image

Finanza

Core Scientific Plans to Increase Hashrate to 42 EH/s by Year End

The miner said demand for its hosting capacity remains strong and continues to exceed available supply.

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

Mercati

Bitcoin Creeps Toward $40K as Surging Oil Prices Create Bear Market Worry

The largest cryptocurrency's upward move came as stocks fell due to concerns over mounting inflationary pressures.

Bitcoin price chart over past week. (CoinDesk)

Opinioni

It’s Complicated: The Relationship Between Crypto and NFTs

Is there any correlation between the NFT and crypto markets? Bybit’s lead tech writer looks at some of the theories.

NFTs (Chris J. Ratcliffe/Bloomberg via Getty Images)

Finanza

Hive to Buy Intel Mining Chip That Can Raise Hashrate by 95%

The crypto miner also signed a new 100MW power deal with Compute North in Texas.

BUSY: A recent surge in mining power may have overcome the difficulty rate. (Credit: Shutterstock)

Finanza

First Mover Americas: Investors See Bitcoin as Inflation Hedge, Nickel Digital's Survey Shows

The latest moves in crypto markets in context for March 7, 2022.

(CoinDesk archive)