Bitcoin
Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9,500
Bitcoin is riding high as short sellers in the crypto derivatives market get squeezed out, triggering automatic buy orders.
Bitcoin News Roundup for May 28, 2020
Goldman talks down cryptocurrencies while Minecraft boots up tokenized assets. It's another episode of Markets Daily from CoinDesk!
Bitcoin Price Tests $9.4K as Demand for Put Options Drops
Put options – a bet on bitcoin's price – are declining alongside a rise in the leading cryptocurrency by market cap's price.
Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels
Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday.
Goldman Sachs: Cryptocurrencies 'Are Not an Asset Class'
Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.
Bitcoin Transaction Fees Decline as Network Congestion Eases
After facing a heavy load of transactions earlier this month, bitcoin's network has returned to a more normal level, recent developments suggest.
Bitcoin News Roundup for May 27, 2020
While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.
Number of Bitcoins on Crypto Exchanges Hits 18-Month Low
The total amount of bitcoins held in cryptocurrency exchanges wallets dropped to an 18-month low just above 2.3 million on Monday, according to data estimates from Glassnode.
Slipping Chinese Yuan May Boost Bitcoin Price, Past Data Suggests
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.
Market Wrap: Bitcoin Can't Stick to $9,000 While Stocks Rally
While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities.
