Bitcoin


Tech

Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi

The goal is to create trust-minimized bridges between itself and other layer-1 blockchains, according to the abstract of a new "vision paper" shared with CoinDesk.

BOB team (BOB)

Markets

First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading

The latest price moves in crypto markets in context for Oct. 24, 2024.

BTC price, FMA Oct. 24 2024 (CoinDesk)

Markets

Solana Looks Overbought Against Ethereum; Bitcoin-Gold Ratio Stuck in a Downtrend

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

The RSI shows overbought conditions. (TradingView/CoinDesk)

Markets

Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests

In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.

Gold (Credit: Shutterstock)

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Markets

Bitcoin Trader Warns of Correction as BTC Dominance Reaches 2021 Levels; Solana Leads Market Gains

Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

16:9 Market decline (Mediamodifier/Pixabay)

Markets

Institution Takes $25M Hedge Bet on Derive's Bitcoin Options Market as U.S. Election Looms

The strategy will profit most if BTC rises to $80,000 by the end of November.

Donald Trump and Kamala Harris on screen at a Presidential debate. (Kevin Dietsch/Getty Images)

Markets

Bitcoin Retakes $67K, Dollar Index Rally Stalls as Beige Book Supports Fed Rate Cuts

Beige Book bolsters hope for quarter-point Fed rate cuts in November and December.

BTC's price chart. (CoinDesk/TradingView)

Markets

Number of Bitcoin Whales Jumps to Highest Since January 2021

Whale Entities are clusters of crypto wallet addresses held by a single network participant holding least 1,000 BTC.

humpback (ArtTower/Pixabay)

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Tech

Protocol Village: Blockchain Key Manager Cubist, Led by Carnegie Mellon Prof, Launches Bridge-Security System 'Bascule'

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 17-23.

Protocol Village is CoinDesk's living column chronicling blockchain tech project updates (CoinDesk)

Markets

Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

Bitcoin price action.

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