Bitcoin


Markets

Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance

Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.

CoinDesk Bitcoin Price Index

Markets

Crypto Asset Flows Bounced Back Last Week, Ending Record $4.5B Quarterly Haul

Inflows to crypto funds jumped from a five-month low of $21 million the prior week.

Crypto asset fund flows

Markets

Bitcoin Analysts Say 'Kimchi Premium' Isn't Distress Signal It Once Was

Bitcoin is drawing the highest "kimchi premium" in three years, indicating retail frenzy in South Korea.

The South Korean Financial Services Commission is extending a ban on short-selling after last week's GameStop share price pump.

Markets

Bitcoin Rangebound With Support Near $57,900

BTC continues to consolidate, although selling pressure remains limited to rising support levels on intraday charts.

BTC hourly chart

Markets

Market Wrap: Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T

As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year.

CoinDesk Bitcoin Price Index

Markets

Bitcoin Awaits Institutional Demand for Next Leg Higher, Oanda Says

Bitcoin's intraday rally follows a near 36% rise over the past month as traders look to institutional demand to fuel further upside.

bull, bear

Markets

Binance's Crypto Derivatives Platform Sees Record Open Interest of $10B

Binance's crypto derivatives platform sees record open interest as retail participation grows.

Binance CEO Changpeng Zhao

Markets

Market Wrap: Ether Jumps to All-Time High as Bitcoin Stalls Despite JPMorgan's $130K Call

The action was in ether on Friday as the second-biggest cryptocurrency's price jumped to a new all-time high.

Ether jumped to a new all-time high.

Markets

Central Bank 'Money Drops' With Digital Currencies Could Fuel Inflation: Bank of America

CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.

The U.S. government is disbursing economic impact payments directly to taxpayers. But there wasn't much bitcoin stimulus.

Markets

Market Wrap: Bitcoin Stuck Below $60K; Cardano’s Sixfold 1Q Gains Led CoinDesk 20

$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.

CoinDesk Bitcoin Price Index