Bitcoin


Finance

Blockstream to Pilot Renewable Bitcoin Mining Facility With Australia’s Macquarie Group

The bitcoin company said it has ambitions to scale to new sites as infrastructure is further developed. The first site will be in the U.S.

Macquarie Group building in Sydney, Australia. (Ian Waldie/Bloomberg via Getty Images)

Markets

Bitcoin Stabilizes Around $46K After Sell-off; Resistance at $50K

Upside appears to be limited despite short-term relief buying.

Bitcoin daily price chart (CoinDesk, TradingView)

Videos

Bitcoin Stabilizes Around $46K After Selloff, Resistance at $50K

Bitcoin is stabilizing around the 200-day moving average at $46,000 after a sharp selloff Tuesday. The ​cryptocurrency has been down about 10% over the past 24 hours as sellers control the $50,000 resistance zone.

CoinDesk placeholder image

Videos

Bitcoin Price Plunges, Metaverse Actions Heats Up in China

Bitcoin takes a plunge. A regulator says crypto crackdown is needed in Hong Kong. Metaverse action heats up in China. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

Recent Videos

Markets

Bitcoin Trades Weak After Tuesday’s Leverage Washout, Analysts See More Price Volatility Ahead

After a big decline and leverage washout, traders tend to be less confident and more risk-averse.

Turmoil (Pixabay)

Tech

Bitcoin Miner Profits Remain High Despite Surges in Mining Difficulty

Today’s 4.5% increase is the fourth consecutive upward difficulty adjustment. But it’s slowing.

Data Center Server Room Bitcoin Mining

Policy

Who Are the Main Opponents and Supporters of El Salvador’s Bitcoin Law?

President Nayib Bukele’s new law faces plenty of internal critics. Much of his support comes from outside the country.

SAN SALVADOR, EL SALVADOR - AUGUST 27: A veteran holds a sticker against Bitcoin during a protest against the bitcoin law by veterans of the Salvadoran civil war on August 27, 2021 in San Salvador, El Salvador. The new bitcoin law should come into force on September 7. (Photo by Roque Alvarenga/APHOTOGRAFIA/Getty Images)

Policy

As El Salvador Enacts Bitcoin Law, Locals Remain Confused About Implementation

“One thing is what the president says, and another is what the law establishes.”

Emerson Flores/APHOTOGRAFIA/Getty Images

Markets

Market Wrap: Bitcoin Plummets as El Salvador Buys the Dip

Bitcoin tumbled below $46K, triggering billions in long position liquidations.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Pulls Back From Resistance, Support at $49K-$50K

Pullbacks appear to be limited given breakouts on the charts.

Bitcoin four-hour price chart. (CoinDesk, TradingView)

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