Bitcoin


Markets

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.

(Federal Reserve Bank of New York, modified by CoinDesk)

Markets

Bitcoin Chalks Out 'Head and Shoulders' Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments

Although not classically meeting the textbook criteria from technical analysis of a head-and-shoulders pattern, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie's analysts said.

(geralt/Pixabay)

Markets

First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly

PLUS: Cryptos were down as Asian markets opened, and investors try to figure out which narrative to believe.

Miami Beach (Antonio Cuellar/Unsplash)

Markets

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Tech

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly fivefold in two weeks, thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.

(Glassnode)

Finance

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

The company booked $50 million in bitcoin gross profit in the first quarter..

Block's Cash App (Shutterstock)

Markets

Bitcoin, Ether Trade Flat After Mildly Encouraging Jobs Data

The two largest cryptocurrencies by market capitalization were changing hands in a tight range after jobless claims were slightly higher than expected, a small sign the jobs market is cooling.

(Midjourney/CoinDesk)

Markets

First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike

The latest price moves in crypto markets in context for May 4, 2023.

(Unsplash)

Markets

Bitcoin's Dominance Rate Surges After U.S. Banking Crisis

Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.

Bitcoin's dominance rate vs the SPDR S&P regional banking ETF (TradingView/CoinDesk)

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