Bitcoin


Markets

Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

Bitcoin (BTC) price on April 17 (CoinDesk)

Opinion

Why Bitcoin's 'Monetary Maximalists' Oppose 'JPEG Enjoyers' (and Why They're Wrong)

Those who want to prevent Ordinals, inscriptions and soon Runes from living on-chain are misguided. Bitcoin is about economic incentives only, not altruism, SunnySide Digital CEO Taras Kulyk argues.

Focusing on user experiences might mean the end of tribalism in crypto, NEAR Foundation CEO Illia Polosukhin says. (Frederik Merten/Unsplash, modified by CoinDesk)

Markets

First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs

The latest price moves in crypto markets in context for April 17, 2024.

(sergeitokmakov/Pixabay)

Markets

Buy Bitcoin Miners' Stocks Ahead of the Halving, Bernstein Says

Bitcoin’s bullish trajectory is expected to resume after the halving once mining hashrates have adjusted to the lower rewards and ETF inflows resume, the report said.

A close-up of one of Riot's mining rigs. (Riot Blockchain)

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Markets

Goldman Cautions Against Extrapolating Previous Bitcoin Halving Cycles for Price Predictions

Bitcoin's fourth mining reward halving is just two days away.

Goldman Sachs logo (CoinDesk archives)

Tech

Runes, Casey Rodarmor's Protocol for 'Sh*tcoins' on Bitcoin, Set to Go Live at Halving

Rodarmor created last year's breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow.

Ordinals and Runes creator Casey Rodarmor (rodarmor.com)

Markets

Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In

It's hardly unusual for ETFs of any ilk to go through periods of seeing no fresh money on a net basis, explained an analyst.

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in a week (Jim Wilson/Unsplash)

Opinion

What Bitcoiners Are Saying About the Upcoming Bitcoin Halving

Is the halving priced in or not? Will it disrupt the bitcoin mining industry? Or accelerate adoption? Here's what experts and community members are saying about the fourth — and perhaps most anticipated — halving.

(Ana Flávia/Unsplash)

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Markets

Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction

Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but "few understand how normal corrections like these are in bull markets," one observer noted.

Bulls against a background of snow.

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