Bitcoin


Markets

Hunt for Yield: Wrapped BTC Now Holds More Than 1% of Bitcoin's Circulating Supply

The trend shows how some savvy crypto traders have pivoted to salvage or maintain returns even as bitcoin's price tumbled.

Bitcoin traders are tokenizing the cryptocurrency to run on the Ethereum blockchain for extra yield.

Markets

Bakkt Allows Users to Send Bitcoin, Gift Cards From Its Wallet

New functionality allows users to email crypto assets to people who don’t use the app.

Wallets

Markets

3 Things to Watch for Before Calling a Bitcoin Bottom

The Fed's dot plot may show rate hikes before end-2023 versus the March projections that signaled none until 2024, one analyst said.

BTC dominance rate below 50% threshold.

Markets

Bitcoin Stalls at Resistance; Lower Support at $36K

However, the short-term trend is improving as the daily chart advances from oversold levels.

Bitcoin four-hour chart

Markets

MicroStrategy to Sell Up to $1B in Stock, Use Part of Proceeds to Buy Yet More Bitcoin

The company plans to sell up to $1 billion in stock to buy even more.

MicroStrategy Executive Director Michael Saylor speaks at the Bitcoin 2021 Convention (Joe Raedle/Getty Images)

Markets

Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

Bitcoin 24-hour price chart

Markets

Bitcoin and Ether Price Indicators Support Near-Term 'Relief Rally'

Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

Bitcoin traders may have hopes for a "relief rally."

Finance

Crypto Not a 'Viable Investment,' Goldman Sachs Says

Bitcoin has quadrupled in price since the last time Goldman's consumer division declared bitcoin not "suitable" for clients.

Goldman Sachs CEO David Solomon.

Markets

Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds

The amount of money leaving was significantly less than the previous, record week of $141 million.

Outflows continue from digital-asset investment funds, but they appear to be slowing.

Markets

Paul Tudor Jones Could Go 'All In' on Inflation Trades, Wants 5% Bitcoin Allocation

Jones sees BTC as a great way to protect wealth over the long run.

Paul Tudor Jones (Kevin Mazur/Getty Images for Robin Hood)