Bitcoin

Bitcoin

Markets

Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets

Low volume and volatility continue to plague the bitcoin market but the supply of dai soars.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin ‘Active Entities’ at Highest Since 2017 Bull Run

The on-chain metric suggests Bitcoin is garnering users despite the cryptocurrency’s extended period of comatose price action.

(FabrikaSimf/Shutterstock)

Markets

Market Wrap: Bitcoin Briefly Pops Above $9,400 as Global Stocks Rally

Bitcoin broke through $9,400 as stock indices around the world make gains.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin Futures Pass $1B in Open Interest on BitMEX for First Time Since March Crash

Bitcoin futures open interest across all exchanges passed $4 billion Tuesday morning.

Bitcoin futures open interest for top exchanges as of July 21

Finance

Institutional Trading House ErisX Joins Silvergate Exchange Network

ErisX, a crypto exchange for institutional investors, has joined the payments network of bitcoin-friendly Silvergate Bank.

ErisX CEO Thomas Chippas (CoinDesk archives)

Markets

Bitcoin Rises With Stocks as EU Agrees to €750B in Coronavirus Stimulus

Bitcoin edged higher on Tuesday as stock markets cheered the EU's decision to approve a landmark coronavirus recovery fund.

EU Parliament (areporter/Shutterstock)

Markets

Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar

Bitcoin trades flat in July, leading investors to mull other cryptocurrencies.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin Futures Trading Volume Slips to 3-Month Low on CME

Trading activity in bitcoin futures listed on the Chicago Mercantile Exchange has cooled as the top cryptocurrency languishes in the price doldrums.

CME headquarters, Chicago

Markets

Crypto Long & Short: Why the Twitter Hack Was Good for Bitcoin (and It’s Not the Media Attention)

Yes, the Twitter hack was basically a giant bitcoin scam. But the fallout is showing the world the strengths of cryptocurrency and decentralization.

Twitter phone box

Markets

The Origins of the World's Oldest Bitcoin Metric, Explained

Bitcoin days destroyed (BDD) was first introduced as a concept back in 2011. At the time, it had only been two years since the creation of the world’s first cryptocurrency, bitcoin. Individuals were already beginning to innovate ways to measure on-chain transaction activity and value.

(Science in HD/Unsplash)