Bitcoin News

Bitcoin News

Markets

Here’s Why Bitcoin Tumbled 11% in 24 Hours

Bitcoin is currently trading around 45% below its all-time high of $68,700.

(CoinDesk price page)

Merkado

Crypto Market Cap Falls Below $2T Amid Sell-Off

As bitcoin and ether breach $40,000 and $3,000 support levels, some altcoins are trading 60%-80% down from cycle highs.

McDonald's outlet in Hong Kong (
S3studio/Getty Images)

Merkado

Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby

A price drop to $37,000 could stabilize the current sell-off, although $30,000 is a more significant level to watch given the decline in long-term momentum.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Opinyon

Bukele's Bitcoin Is Not What Turkey Needs

El Salvador's President didn't mention bitcoin in his meeting with Erdogan - but it's not a cure for Turkey's monetary woes anyway.

Turkey's Recep Tayyip Erdoğan met with El Salvador's President Nayib Bukele this week. (Photo by Antonio Masiello/Getty Images)

Merkado

Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke

Centralized liquidity appears to be dictating the market value of cryptocurrencies promising decentralization.

Ether's price slide (CoinDesk)

Pananalapi

El Salvador Plans to Offer Crypto-Based Loans for SMEs

The government will launch a first line of $10 million provided by the Solana-based lending platform Acumen in the first quarter of 2022.

El Salvador (Esaú González, Unsplash)

Merkado

Bitcoin Dips Below $40K During Broader Asia Market Sell-Off

Ether, Solana and other layer 1-associated coins also slip during Asia trading day

Bitcoin's price fell below $40,000 for the first time in months in the early hours of Jan. 21. (CoinDesk Bitcoin Price Index)

Merkado

First Mover Asia: Bitcoin, Altcoins Rise and Then Sink

The largest cryptocurrency by market capitalization plummets below $41,000 after rising earlier in the day.

(Hulton Archive/Getty Images)

Merkado

Market Wrap: Bitcoin Rises Despite Russia's Proposed Crypto Ban

Traders appeared unfazed by Russia's proposal as bitcoin rose 3% over the past 24 hours.

Bank of Russia (Shutterstock)