Bitcoin

Bitcoin

Markets

Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract

Bitcoin’s price closed in on $16,000 before losing steam while over $20 million in ether is already staked for the Ethereum 2.0 upgrade.

CoinDesk 20 Bitcoin Price Index

Finance

Venezuela's Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Venezuelan flag (Shutterstock/Modified by CoinDesk)

Markets

Bridgewater's Dalio Sees Governments Banning Bitcoin Should It Become 'Material'

The founder of the world's largest hedge fund said he sees three main problems with bitcoin and other cryptocurrencies.

Ray Dalio, founder of Bridgewater. (CoinDesk archives)

Markets

First Mover: Bitcoin Pause, Ethereum Snafu, 1,000% Returns Put Focus on Exchange Tokens

Binance Coin and exchange tokens are popping as bitcoin's rally shows signs of temporary exhaustion and Ethereum gets snared in blockchain split.

Traders are giving exchange tokens a new look – as a bet on the exchanges themselves.

Markets

Number of Bitcoin ATMs Up 85% This Year as Coronavirus Drives Adoption

The number of bitcoin ATMs across the globe has surged amid a coronavirus-induced shift toward contactless payments.

BATMTwo Bitcoin ATM

Markets

Bitcoin Likely to Consolidate Before December Rise Toward $20K, Say Analysts

The bitcoin market is likely to take a breather before continuing its rise toward $20,000 the end of the year, analysts told CoinDesk.

Bitcoin prices over the last week

Markets

Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked in DeFi at All-Time High

Bitcoin’s price takes a break while DeFi value locked is at record levels.

CoinDesk 20 Bitcoin Price Index

Markets

Legendary Investor Stan Druckenmiller Turns Bitcoin Bull

Billionaire investor Stan Druckenmiller made pro-bitcoin comments on CNBC, joining other high-profile, ultra high-net-worth investors.

Breakdown 11-10 Stan Druckenmiller Bitcoin

Finance

MicroStrategy CEO Explains Why Bitcoin Is 'a Million Times Better' Than 'Antiquated' Gold

Even if they don’t know it yet, Michael Saylor thinks gold investors will eagerly dump the commodity for what he calls a superior store of value – bitcoin.

MicroStrategy booth at TechCrunch Disrupt SF 2011

Markets

First Mover: Bitcoin Needs No Vaccine as Druckenmiller Lays Down 'Better Bet'

Price reaction to vaccine breakthrough renews dialogue over whether bitcoin trades like a risk-on asset, inflation hedge or neither.

What exactly are bitcoin traders betting on? Hedge fund legend Stan Druckenmiller calls it a better gold bet than gold itself.