Bitcoin

Bitcoin

Markets

Bitcoin Rebounds From Early Losses, Markets Still Distracted by GameStop

GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.

Bitcoin Price Index

Markets

Dalio Expects to Soon Offer Alt-Cash Fund, Says 'Bitcoin Won't Escape Our Scrutiny'

"Bitcoin looks like a long-duration option on a highly unknown future," the Bridgewater Associates founder said.

Bridgewater Associates founder Ray Dalio

Markets

First Mover: Crypto Gawks at GameStop, Sees Shades of Self

Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here's what Niall Ferguson, Caitlin Long, Mati Greenspan and Jonathan Mohan said.

GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.

Markets

Guggenheim CIO Says Institutional Demand Not There to Sustain Bitcoin Above $30K

Scott Minerd said he doesn't believe bitcoin's investor base is "big enough" or "deep enough" to keep the price at current levels.

Scott Minerd, chief investment officer of Guggenheim Partners.

Markets

Bitcoin ‘Underperforms’ During Tax Time: Analysis

Bitcoin's price is going down for many reasons including traders who realized gains last year selling to pay their tax bills.

1040Mosh4

Markets

Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked

Today was the first time bitcoin traded below $30,000 since Jan. 21.

CoinDesk 20 Bitcoin Price Index

Markets

BIS Chief Blasts Bitcoin's Viability, Prompting Blowback From Advocates

Bitcoin maximalists cried foul at the central banker's prognostications.

BIS General Manager Agustin Carstens

Markets

First Mover: Risks Nobody's Ever Seen, From the Fed to Tether (and GameStop)

Risks surrounding tether have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.

Federal Reserve Chair Jerome Powell

Markets

Bitcoin Briefly Dips Below $30K, Dollar Bounces Ahead of Fed Reserve Rate Announcement

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.

Fed Chairman Jerome Powell

Markets

Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi

Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.

CoinDesk 20 Bitcoin Price Index