Bitcoin


Markets

Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare

The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.

Bitcoin price on July 31 (CoinDesk)

Markets

Bitcoin Price Shrugs Off Latest $2B Mt. Gox Transfer as Distribution Nears Its End

Bitcoin holdings of Mt. Gox wallets are down to $3 billion from $9 billion a month ago, Arkham data shows.

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)

Tech

Protocol Village: Radix Launches 'RadQuest,' Eclipse Mainnet Opens to Builders

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

First Mover Americas: Crypto Market Stabilizes After Nursing Losses

The latest price moves in crypto markets in context for July 31, 2024.

XRP price, FMA July 31 2024 (CoinDesk)

Markets

Bitcoin Keeps Weekly Loss as 'Anti-Risk' Yen Strengthens After BOJ Rate Hike

The yen’s popularity as a funding currency can cause knock-on effects in other markets, helping tighten global financial conditions, BlackRock said.

Tokyo, Japan (Ryo Yoshitake/Unsplash)

Markets

Nvidia Becoming More Volatile Than Bitcoin and Ether

Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.

AI generating trading. (TheDigitalArtist/Pixabay)

Policy

U.S. Strategic Bitcoin Reserve to Be Funded Partly by Revaluing Fed's Gold, Draft Bill Shows

The office of Senator Cynthia Lummis, who proposed the strategic reserve at the Bitcoin Nashville conference on Saturday, shared a draft of the legislation with CoinDesk.

Senator Cynthia Lummis on stage in Nashville with a copy of her bitcoin reserve bill (Danny Nelson/CoinDesk)

Policy

Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

The plan, which sounds similar to a proposal from Sen. Cynthia Lummis’ (R-Wyo.), doesn’t echo “freedom, sovereignty and independence from government coercion and control,” which former president Donald Trump said is what bitcoin stands for.

Former President Donald Trump (Jon Cherry/Getty Images)

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