Bitcoin


Markets

Market Wrap: Capitulation City as Bitcoin Dumps to $31K, ETH to $2K Before Reversal

Liquidations, China and even Elon Musk may be factors in markets falling.

CoinDesk XBX Index

Tech

When Will Bitcoin's Taproot Upgrade ‘Lock In’?

With 94% of Bitcoin's hashrate now signaling for the upgrade, it should lock in during the next difficulty period.

Taproot signal block

Markets

The Node: BTFD Explained

Some see major crypto sell-offs, like the one happening now, as buying opportunities. Here's what they're really saying.

evan-reimer-EVMuKNg0FOE-unsplash

Markets

Risk-Off: Sour Sentiment on Wall Street May Have Added to Bitcoin's Plunge

Stocks drop on lingering inflation scare. Bitcoin fails to draw hedging bids.

The hot air has quickly escaped from the bitcoin market.

Markets

Bitcoin Proxy Stocks Tumble as BTC Tanks

Crash in the leading cryptocurrency hitting related companies.

China stock

Markets

Bitcoin Drops Below $31K Before Rebounding; $8B in Liquidations Triggered

The price of bitcoin is now down more than 30% so far in May, on track for its worst month since November 2018.

The bitcoin price has slipped below the key 200-day simple moving average.

Markets

Bitcoin Breaks Below $42K; Next Support at $34K as Intermediate Trend Turns Bearish

The next level of support is seen at around $34,000, which could stabilize the sell-off.

BTC daily chart

Markets

Bitcoin Plummets to Below $40K

The world’s largest cryptocurrency by volume has dropped in a month nearly 40% from its all-time high.

24-hour bitcoin price chart on May 19, 2021.

Markets

Why You Shouldn’t Look at Bitcoin Backwardation Like an Oil Trader

Backwardation refers to a downward sloping futures curve where front-month contracts trade at a higher price than far-maturity contracts.

The bitcoin futures market briefly went into backwardation amid this week's price tumult.