Bitcoin

CoinDesk Managing Editor of Markets Brad Keoun and Research Analyst George Kaloudis discuss their outlook for bitcoin amid the Senate advancing a bipartisan infrastructure bill that would raise $28 billion ​via a tax on crypto transactions.

30 jul 2021

The Korean city of Busan plans a digital asset exchange. Bitcoin mining difficulty on the increase. Tencent launches a digital IOU platform. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

30 jul 2021

Bitcoin traded sideways Thursday as buyers appeared to be exhausted near the $40K resistance level. The cryptocurrency is up about 23% over the past week, a gain driven by improving sentiment and short covering. Jesse Proudman, co-founder and CEO of crypto robo-advisor Makara, discusses the outlook for bitcoin as the current rally takes a breather.

30 jul 2021

Bitcoin has notched an eight-day winning streak that has taken the price to above $40K, but will this rally continue? Quantum Economics founder and CEO Mati Greenspan shares his data analysis that reveals bitcoin’s possible trajectory.

30 jul 2021

Bitcoin is on an eight-day winning streak, taking the price from $30K to above $40K over the past eight days. If bitcoin ends a ninth day in the green, it would be BTC’s longest winning streak since October 2015. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

30 jul 2021

Despite bitcoin's price jumping over $40K this week, the highest it's been since June 16, the cryptocurrency remains rangebound between $28K-$43K. GSR Markets co-founder and president Rich Rosenblum shares his bitcoin price assessment, noting a positive outlook. "I think it's solidified its place here," Rosenblum said. "It's unlikely we're going to see below $30K over the summer."

29 jul 2021

Half of the trades in and out of bitcoin are done with Tether, the dominant stablecoin and third-largest cryptocurrency with a $64 billion market cap. Yet, ​Coin Metrics reveals the market cap of stablecoin USDC is growing faster than that of USDT. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

28 jul 2021

CoinDesk Data and Indexes Director Galen Moore discusses his stablecoin Tether (USDT) assessment and its impact on bitcoin amid the cryptocurrency being subject to increased scrutiny by U.S. regulators. “The question of Tether’s ability to maintain its peg to the dollar is a systemic question,” Moore said.

28 jul 2021

Bitcoin rewards company Lolli raised $10 million in its latest funding round. Social media influencers Logan Paul, Chantel Jeffries and Sway House also participated in the Series A round. Lolli plans to be more active in the gaming community. "The Hash" panel digs into the world of crypto influencers and their potential role in driving mainstream blockchain adoption.

28 jul 2021

Henry Elder, Head of Treasury and Wealth Management at Wave Financial, discusses ​the potential reasons behind bitcoin's bounce and the outlook for the cryptocurrency as it returns near $40K resistance. Plus, bitcoin's correlation to the altcoin markets and traditional capital markets and whether institutional interest in bitcoin has subsided.

28 jul 2021