Bitcoin


Finance

El Salvador Purchases 410 More Bitcoins Amid Market Drop, President Bukele Says

The nation now has over 1,500 bitcoins and plans to issue a $1 billion, 10-year bitcoin bond this year.

El Salvador President Nayib Bukele has reportedly targeted journalists with spyware. (Michael Nagle/Bloomberg via Getty Images)

Markets

Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk

Bitcoin is down about 40% from its all-time high, compared with a 10% decline in the Nasdaq 100 Index.

Bitcoin drawdown (Koyfin)

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Markets

Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record

The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount since last February, but a further widening proved too much for one trading firm.

(moonjazz via Flickr)

Markets

Here’s Why Bitcoin Tumbled 11% in 24 Hours

Bitcoin is currently trading around 45% below its all-time high of $68,700.

(CoinDesk price page)

Markets

Crypto Market Cap Falls Below $2T Amid Sell-Off

As bitcoin and ether breach $40,000 and $3,000 support levels, some altcoins are trading 60%-80% down from cycle highs.

McDonald's outlet in Hong Kong (
S3studio/Getty Images)

Markets

Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby

A price drop to $37,000 could stabilize the current sell-off, although $30,000 is a more significant level to watch given the decline in long-term momentum.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

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Opinion

Bukele's Bitcoin Is Not What Turkey Needs

El Salvador's President didn't mention bitcoin in his meeting with Erdogan - but it's not a cure for Turkey's monetary woes anyway.

Turkey's Recep Tayyip Erdoğan met with El Salvador's President Nayib Bukele this week. (Photo by Antonio Masiello/Getty Images)

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