Bitcoin

Bitcoin

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Investors See Possible El Salvador Bitcoin Embrace as Too Little to Move Market

El Salvador's announcement was largely ignored by markets, possibly due to the country's small size, analysts say.

El Salvadoran President Nayib Bukele speaks via video during a presentation at the Bitcoin 2021 conference in Miami.

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Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC

Ether’s dominance is at 19.78%, the highest it has been since May 16.

CoinDesk XBX Index

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Ethereum and XRP Looking More Attractive as Investors Rush to Exit Bitcoin Funds

Investors redeemed a net $141 million during the seven days through June 4, the highest weekly total on record, according to CoinShares.

Weekly digital asset fund flows

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Deutsche Bank Issues Stark US Inflation Warning, Seeing Economic Parallels to 1940s, 1970s

Inflation could send the global economy into recession as central banks lose control, according to Deutsche Bank.

Deutsche Bank

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Bitcoin Struggles Below $40K; Upside Limited as Trend Weakens

BTC remains in a tight trading range as the uptrend weakens. Upside appears limited this week.

Bitcoin hourly chart

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Bitcoin, Gold Are Likely to Withstand Fed Taper, SkyBridge Capital Says

They will show resilience even if the central bank curtails its monetary stimulus program.

Federal Reserve Chair Jerome Powell

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Upside Elusive for Bitcoin as Yellen Says Fed Rate Hike a 'Plus'

Yellen's rate-hike comments and lingering China regulatory concerns dominate market sentiment.

Janet-Yellen

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Crypto Long & Short: Bitcoin's Taproot Update Shows How It's Not Like Gold

When Bitcoin undergoes a technological shift, it's a test of narratives that underpin the asset's value.

Close up shot of gold bars

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Ruffer Turned Bitcoin Investment Into a $1.1B Profit in 5 Months: Report

The investment firm says it sold the last of its bitcoin because younger people would not be spending so much time trading as lockdown restrictions are relaxed.

London