Bitcoin


Markets

Making Bitcoin Legal Tender in El Salvador an 'Interesting Experiment,' Central Banking Official Says

At the same time, the BIS executive cast doubts on the cryptocurrency as a "means of payment."

BIS headquarters in Basil, Switzerland.

Markets

Bitcoin Holds Short-Term Support, Faces Resistance at $40K

BTC held minor support along a series of lower price highs. Upside appears limited going into the weekend.

Bitcoin daily chart

Markets

Bitcoin's Steep Price Discount Seems Similar to March 2020 Bottom

Sentiment may have turned a little too bearish, a feature that is often observed at market bottoms.

Bloomberg analyst

Markets

SEC Again Warns Investors Against Bitcoin Futures Funds

The U.S. Securities and Exchange Commission (SEC) sent out a second note to investors urging to reevaluate bitcoin futures-focused funds.

SEC, Securities and Exchange Commission

Markets

'FOMO' Traders Rotate From Bitcoin to Meme Stocks

Meme stocks are rising as BTC stabilizes after a volatile May.

Wendy's has become the latest hot meme stock.

Markets

Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips

Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.

CoinDesk XBX Index

Tech

Okcoin Awards $100K Grant to Bitcoin Development Non-Profit Brink

The grants allow more developers to maintain and support Bitcoin’s codebase.

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Policy

El Salvador's Bitcoin Bill Raises 'Issues': IMF Spokesperson

Gerry Rice said El Salvador's plan to adopt bitcoin as legal tender raises "macroeconomic, financial and legal issues."

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Markets

US Consumer Prices Rise Faster Than Expected in May

The Consumer Price Index is important to bitcoin investors who are watching for signs of inflation.

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