Bitcoin


Markets

Australia's Financial Watchdog Says Bitcoin ETP Could Create 'Risk,' Seeks Feedback

ASIC said it is attempting to evaluate whether cryptos are appropriate underlying assets for an exchange-traded product.

Sydney, Australia

Markets

Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind

Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.

Bitcoin 24-hour price chart, CoinDesk 20

Policy

Musk’s Tweets Swayed Some Investors on Bitcoin Environmental Concerns, Survey Shows

A survey shows some 49% of respondents said that “bitcoin being environmentally unfriendly" is an issue for them as an investor.

Tesla CEO Elon Musk.

Markets

Bitcoin's 'Puell Multiple' Flashes Misleading Bullish Signal as China Bans Mining

The metric is tied to miners and may be distorted by China's mining ban.

Puell Multiple

Markets

Bitcoin Gathers Upside Momentum, Faces Resistance Near $40K

Bitcoin could see a minor breakout toward the top of a two-month range near $40K.

Bitcoin four-hour chart

Markets

UK Court Orders Bitcoin.org to Remove White Paper Following Craig Wright Lawsuit

The judge had no option but to rule a default judgment because Cobra chose not to make an appearance, according to Wright's representation.

Craig Wright

Markets

Morgan Stanley Buys Over 28,000 Shares of Grayscale Bitcoin Trust

The banking giant has been increasingly active in the cryptocurrency space to meet increased demand from its clients.

morgan stanley

Markets

Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning

Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.

Bitcoin 24-hour price chart, CoinDesk 20

Policy

Mexico's Finance Minister Confirms Cryptos Are Banned From Financial System

The statement comes after Mexican billionaire Ricardo Salinas Pliego said his bank would accept bitcoin.

Arturo Herrera, Mexico's finance minister.