Bitcoin


Markets

Why Bitcoin Investors Aren’t Worried About This Price Pullback

Critiques of correlation between bitcoin and equities miss the fact that bitcoin adoption within traditional markets has been driven by a fiat collapse concern.

(Artis777/Getty Images)

Markets

Bitcoin News Roundup for Sept. 8, 2020

With investors buying the bitcoin dip and staying bullish on options, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Markets Daily Front Page Adam Lyllah

Markets

First Mover: SushiSwap's Billion-Dollar 'Rug Pull' Is Thriller to Crypto Geeks

The "SUSHI rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks.

The SushiSwap saga appears to have more plot twists ahead. (George M. Groutas/Creative Commons, modified by CoinDesk)

Markets

Bitcoin Options Suggest Investors Hedging but Still Long-Term Bullish

Bitcoin's options market retains long-term bullish bias despite the recent price pullback, data shows.

Taking the long view (PanyaStudio/Shutterstock)

Policy

Bitcoin Should Be Regulated Like Stocks in India, Says Think Tank Founder

Because it is similar to other financial assets, India should legitimize bitcoin by regulating it like a corporate stock, according Deepak Kapoor.

Indian Supreme Court, New Delhi (iMetal21/Shutterstock)

Markets

Investors Buying Bitcoin Amid Price Slump to Near $10K, Data Shows

Despite bitcoin shedding over $2,000 in the last few weeks, the "buy the dip" mentality in the market still appears strong.

Prices have shed over $2,000 since Aug. 17 (CoinDesk BPI)

Markets

Market Wrap: Bitcoin Tumbles to $9.8K; Investors Continue Plowing Crypto Into DeFi

Bitcoin price took another dive while DeFi is still looking mighty attractive to investors.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Buying Bitcoin's Dip, Betting Against Tether and Weighing the Jobs Report

Crypto traders appeared to be buying the dip after Thursday's 11% plunge. ALSO: There's a contract for that: How to hedge Tether's credit risk.

There's now a credit-default swap contract on Tether, allowing traders to bet on the credit risk inherent in the dollar-linked stablecoin. (Thomas Rowlandson/Metropolitan Museum of Art, modified by CoinDesk)

Markets

V-Shaped Recovery From Bitcoin's Biggest Drop Since March Unlikely, Say Analysts

Despite a slight bounce Friday morning, some analysts don't expect bitcoin to chart a quick recovery from the double-digit price drop over the last two days.

coindesk-BTC-chart-2020-09-04

Markets

Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Dominance at 2020 High

Bitcoin’s price is dipping while ether’s share of the crypto market is at a level not seen since 2018.

CoinDesk 20 Bitcoin Price Index