Bitcoin

Bitcoin

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Bitcoin Drops as Investors Buy $22K and $20K Puts

Despite the pickup in demand for $22K puts, the options market remains biased bullish for the long term.

Bitcoin options traders have recently bet on the cryptocurrency ending 2021 at well below the current price.

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Bitcoin Trending Lower With Possible Break of $30K Support

If $30,000 is broken, the next level of support is seen around $27,000.

Bitcoin four-hour chart

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Bitcoin Network Sees Fourth Straight Downward Difficulty Adjustment

"The last four adjustments have been downward, and it now looks like the blockchain is back to normal," one analyst said.

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Russian Industry Association Works to Attract Crypto Mining

Neighboring Kazakhstan has attracted many crypto mining firms as they look for greener pastures outside China.

The headquarters of Russia's State Planning Committee, or Gosplan, in Moscow.

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Crypto Long & Short: Crypto Needs More Than VC Interest

Plus: Correcting misconceptions about institutional interest in crypto, and why Circle going public may bring greater regulatory clarity in the U.S. for stablecoins.

Crypto Long & Short July 18

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El Salvador May Issue Its Own Stablecoin: Report

El Salvador President Nayib Bukele's brothers reportedly presented the plan to foreign investors.

Salvadoran President Nayib Bukele

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Market Wrap: Bitcoin Holds Above $30K but Price Chart Looks 'Ugly'

Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.

bitcoin price

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Can Coinbase Keep Wall Street Happy During the Crypto 'Pause'?

For the first time ever, a publicly traded company is navigating crypto's doldrums. Wall Street analysts may not react kindly.

Michael Nagle/Bloomberg via Getty Images