Bitcoin


Markets

Bitcoin Jumps to New All-Time High as Inflation Spikes to 6.2% in October

Bond traders are increasing their bets on faster inflation after the U.S. consumer price index jumped 6.2% in the 12 months through October, the highest rate in three decades. Still “transitory?”

Bitcoin's hourly price chart showing a rally to new record high after CPI release. (TradingView/CoinDesk)

Markets

Bitcoin Pulls Back From All-Time High, Support Between $63K-$65K

Intraday charts are showing initial signs of upside exhaustion.

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Finance

Proptech latinoamericana La Haus aceptará bitcoin para adquirir propiedades

El marketplace de real estate permitirá usar la criptomoneda para comprar condominios y luego ampliará su aceptación dentro de la plataforma.

Los cofundadores de La Haus: Jerónimo Uribe, Rodrigo Sanchez-Rios y Tomás Uribe (La Haus)

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Videos

Why Rising Inflation Could Be Good for Bitcoin

Bitcoin rises to a fresh all-time high after the U.S. Bureau of Labor Statistics releases the October consumer price index (CPI) number, the highest since 1990. CoinDesk's Galen Moore discusses why the inflation increase "would be good for bitcoin," adding "[inflation] tends to seem to drive bitcoin and the stock market apart." Plus, reasons behind Coinbase's user numbers and revenue decline for the third quarter.

Recent Videos

Videos

Where Is Bitcoin Headed Next After Closing in on $69K?

Bitcoin broke $69,000 on some exchanges for the first time. Chief Business Officer at Blockchain.com Lane Kasselman discusses the potential catalyst behind the price surge and the possible headwinds for bitcoin ahead. Plus, insights into his firm's growth and noteworthy statistics as it celebrates its 10th anniversary.

Recent Videos

Videos

Bitcoin Rallies to New Record High After CPI Release

New data on bitcoin's hourly price chart shows a rally to new record highs in the wake of a hotter-than-expected October reading in the U.S. consumer price index (CPI). The report showed the cost of living in the U.S. rose 6.2% in October from a year earlier, the fastest since 1990. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Recent Videos

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Policy

Day 7 of Kleiman v. Wright: Wright Tells Jury Kleiman Only Mined ‘Testnet’ Bitcoins

The self-styled “Satoshi” also testified that he bought (and then spent) 1.1 million BTC through the notorious “Tulip Trust.”

Wilkie D. Ferguson Jr. U.S. Courthouse, Miami, Florida (Cheyenne Ligon)

Policy

Why Shouldn’t the Navajo Mine Bitcoin?

Bitcoin promises a sovereignty the Navajo and other First Nations have always been promised but have never received.

Navajo bitcoin miners (Compass Mining, modified by CoinDesk with permission)

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