Bitcoin


Markets

Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown

The Bitcoin network's processing power could rebound if miners relocate to other locales, one analyst predicts.

Bitcoin mining rigs

Markets

Bitcoin Upside Fades, Lower Support at $34K

BTC faces slowing momentum as buyers struggle at resistance.

Bitcoin hourly chart

Markets

Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement

Wednesday's Fed policy statement is likely to see a binary market reaction.

BTCUSD hourly chart

Markets

Adopting Bitcoin as Legal Tender Could Ruin El Salvador's Economy, Economist Says

Bitcoin holders elsewhere could suck up all the dollars in El Salvador "like a vacuum cleaner."

Economist Steve Hanke

Markets

Stripe Co-Founder Is 'Enthusiastic' About Bitcoin, 3 Years After Ending Its Support

John Collison said all approaches to cross-border transactions, including crypto, need to be pursued in "parallel."

speed bump

Markets

Market Wrap: Attempts to Push Bitcoin Above $40K Stall

Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.

Bitcoin 24-hour price chart

Markets

Most Fund Managers Say Bitcoin Still in a Bubble: Bank of America Survey

The results are up six percentage points from last month’s data, indicating sentiment on Wall Street has turned more bearish.

Did someone say "bubble?"

Markets

Open Positions in Bitcoin Futures Rise to 1-Month High

Open interest rose to $13.1 billion after being in the $10.5 billion to $13 billion range.

Commodities

Markets

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply

The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Bitcoin traders are tokenizing the cryptocurrency to run on the Ethereum blockchain for extra yield.

Markets

Bakkt Allows Users to Send Bitcoin, Gift Cards From Its Wallet

New functionality allows users to email crypto assets to people who don’t use the app.

Wallets