Bitcoin


Markets

Federal Reserve Now Targets Inflation Above 2%, Bitcoin Breaks $11K

Federal Reserve officials said Wednesday they would hold U.S. interest rates at close to zero and work to push inflation above 2% "for some time."

Federal Reserve Chair Jerome Powell speaking at virtual press conference on Wednesday. (Federal Reserve, modified by CoinDesk)

Markets

Bakkt Bitcoin Futures Daily Trading Volume Hits Record High

Trading volume in physically delivered bitcoin futures listed on Intercontinental Exchange's Bakkt platform surged to record highs on Tuesday.

Bakkt President Adam White

Markets

First Mover: Binance's CZ Doesn't Even Dispute That DeFi Might Be Inevitable

Big crypto exchanges like Binance, Huobi and OKEx are rushing out DeFi platforms to cash in on the fast-growing industry and stanch user defections.

Binance CEO Changpeng "CZ" Zhao says the centralized exchange's BNB tokens might benefit from the decentralization trend.

Finance

This Crypto Startup Takes Bitcoin Advocacy to a Whole New Level

Patrick Stanley is launching a crypto advocacy company called Freehold, starting with bitcoin (BTC) and Blockstack's STX.

Patrick Stanley speaks at Blockstack Summit 2019. (Blockstack)

Markets

All Eyes on Fed Reserve Rate Announcement, as Bitcoin Fights for $11K

With the Fed's decision on rates due later Wednesday, bitcoin traders will be watching the U.S. dollar action.

Bitcoin prices since late Monday (CoinDesk BPI)

Markets

Market Wrap: Bitcoin Hits $10.9K; Total BTC Locked in DeFi Passes 100K

Bitcoin's price is trending upward Tuesday as the amount of BTC in DeFi hits a new high.

CoinDesk 20 Bitcoin Price Index

Tech

Discreet Log Contracts Are Bringing Private, ‘Scriptless’ Smart Contracts to Bitcoin

A smart contract has logged bets for the U.S. election on Bitcoin’s blockchain. When the votes are tallied, we won’t know who won, but that’s the whole point.

(simarik/Getty Images)

Finance

Bitcoin CEO: MicroStrategy's Michael Saylor Explains His $425M Bet on BTC

How the business analytics chief became Wall Street's boldest bitcoin maximalist.

MicroStrategy CEO Michael Saylor

Finance

MicroStrategy Buys $175M More in Bitcoin, Upping BTC Holdings to $425M

Michael Saylor, the founder of MicroStrategy, said Tuesday his company has acquired an additional $175 million in bitcoin (BTC) in a single purchase.

MicroStrategy CEO Michael Saylor

Markets

First Mover: Bitcoin Investors the Sane Ones as Federal Reserve Cheers Inflation, Price Nears $11K

Cryptocurrencies' 2020 gains are the truth gauge as markets react to the Federal Reserve's inflation goal, where Zimbabwe is the model of success.

Crypto investors inverting the gold-price scale is starting to seem like the sane thing to do. (Pixabay, modified by CoinDesk)