Bitcoin


Markets

Bitcoin Relief Rally Fades; Support Holds at $32K

Bitcoin is down about 12% over the past seven days and was trading around $33,000 at press time.

Bitcoin hourly price chart

Markets

Grayscale 'Unlockings' Poses Downside Risk to Bitcoin Price, JPMorgan Says

Bitcoin Trust shares bought in January are unlocked next month, and the incentive to reinvest is relatively low.

skew_grayscale_bitcoin_trust_gbtc_premium

Markets

Suze Orman Says She Bought $5K of Bitcoin Using PayPal – And She’s a HODLer

This is the first time the financial guru has acknowledged directly owning cryptocurrencies.

TV personality and financial adviser Suze Orman

Markets

52 US Representatives Are Backing a Bill Targeting Hamas Financing

The Hamas International Financing Prevention Act would leverage sanctions against individuals and governments donating to Hamas, including donations made in bitcoin.

Masked teenager holding the Palestinian flag.

Markets

Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger

Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.

Bitcoin 24-hour price chart

Finance

Huobi’s Tighter Derivatives Rules Leave Chinese Traders Scrambling for Alternatives

Binance may gain customers because of Huobi's new restrictions.

Huobi CEO Leon Li

Policy

Bukele’s Bitcoin Blunder for El Salvador

Preached as a way to support an underbanked population, bitcoin will increase fees and risks for Salvadorans.

A construction worker, who is paid in bitcoin, works on a building outside the Bitcoin Beach office in El Zonte, El Salvador.

Policy

Why Bitcoin Could Be Good for El Salvador

Adopting Bitcoin as legal tender could help the El Salvador economy grow, says our columnist, but there are risks if the government over-indulges new borrowing.

El Salvador President Nayib Bukele

Markets

Bitcoin Likely to Be Rangebound After Rebound From $29K

"The market looks to have digested most negative news during the recent sell-off from $41,000 to $29,000," one analyst said.

BTC and DXY