Crypto Markets Analysis: Bitcoin Falls for the Week Amid Inflation, Rate Hike Fears
Ether and most other major cryptos also sank as investors mulled the prospect of prolonged monetary hawkishness.
The State of Bitcoin Development in 2023
Last month, Bitcoin developer James O'Beirne sounded the alarm: the dominant blockchain might lose some very talented contributors if someone doesn’t step up to pay them for their work. CoinDesk's Editor at Large, Christie Harkin, discusses the latest developments.
Bitcoin Price Falls Back Toward Week's Low on Inflation Worry
The January PCE Price Index – the Fed's favored inflation indicator – unexpectedly rose to 5.4%.
Bitcoin Futures on CME Outpace Those on Binance to Trade at Widest Premium Since November 2021
The CME accounts for a majority of activity in standard futures market tied to bitcoin, one observer said, while explaining a relatively higher premium in futures listed on the Chicago-based exchange.
First Mover Asia: Resilient Bitcoin Rebounds Above $24K Despite Investors' Inflation, Labor Market Concerns
ALSO: CoinDesk analyst Glenn Williams explains the significance of bitcoin funding rates' 10-day, positive streak.
Crypto Markets Analysis: Bitcoin, Ether Trade Sideways as Jobs Data Remains Robust
Crypto markets chug along as a stubbornly tight labor market suggests that inflation will remain troublesome.
Block’s Q4 Bitcoin Revenue Fell 7% Year Over Year to $1.83B
For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.
Bitcoin Hovers Near $24K as Investors Mull Economic Uncertainties
Bitcoin was trading sideways over the past 24 hours, while ether has risen 2.1%.
Bitcoin’s Future Hinges on Donations, and That’s Got People Worried
It costs up to $200 million a year to keep Bitcoin’s code maintained and functioning. Can developers find the resources they need in a plunging market? Frederick Munawa checks in.
