Bitcoin


Markets

Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming

Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards.

Source: CoinDesk Bitcoin Price Index

Markets

Sorry, Bloomberg: Here Are 6 Reasons Why 2020 Is a Great Year for Bitcoin

A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case.

Credit: Volodymyr Maksymchuk / Shutterstock

Markets

CME Bitcoin Options Market Grew 10x in the Past Month

CME Group’s bitcoin options market grew tenfold within a month and recorded six consecutive all-time highs for open interest so far this month.

CME Group bitcoin options market open interest, May 11 to June 10, 2020 (CoinDesk Research, Skew, CME)

Markets

Inactive Bitcoin Supply Reaches 4-Year High, Pointing to Bullish Sentiment

A majority of bitcoins haven’t moved in at least a year, according to on-chain data, signaling investor confidence amid macroeconomic uncertainty.

"Under the Wave off Kanagawa" ca. 1830

Markets

Bitcoin Price Drop May Be a Bear Trap, Options Market Suggests

The put-call volume ratio of bitcoin options suggests Monday's price decline could be short-lived. However, the cryptocurrency remains vulnerable to a further sell-off in stocks.

btc chart jun 15

Markets

Encrypted Messaging Site Privnote Cloned to Steal Bitcoin

The free web service, which lets users send encrypted messages that self-destruct once read, has been copied with the reported aim of redirecting users' bitcoin to criminals.

Clones concept (Credit: My Ocean Production/Shutterstock)

Markets

JPMorgan Analysts: Bitcoin Is Likely to Survive (as a Speculative Asset)

Bitcoin proved itself a resilient asset, if not a stable or useful currency, during March's global market meltdown, JPMorgan analysts told investors.

J. Pierpont Morgan (Credit: American Museum of National History; modified using PhotoMosh.com)

Markets

How the Porn Industry Changed During Coronavirus, With Performers Wary of Bitcoin

CoinDesk’s Leigh Cuen and adult content creator Allie Awesome talk about payments and money in the sex industry, especially the trends impacted by the coronavirus crisis.

Credit: Allie Awesome

Markets

Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust

Wilshire Phoenix has filed to launch a bitcoin trust in hopes of making the cryptocurrency more accessible to investors.

Dollars

Markets

Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week

The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.

Source: CoinDesk Bitcoin Price Index