Bitcoin

Bitcoin

MicroStrategy Falls With the Bitcoin It Holds; Breakeven Point Looms

With the price of BTC just north of $29,000, it's little more than $3,000 a coin above the average price of $26,080 that CEO Saylor shelled out.

Markets  ·  22 June 2021
Bitcoin

Bitcoin Price Drops Below $30K for the First Time Since January

The decline brings the year-to-date gain down to just 3%, according to CoinDesk 20 data.

Markets  ·  22 June 2021
Bitcoin

Bitcoin Finds Support at $30K; Faces Resistance at $36K

BTC is down about 22% over the past seven days.

Markets  ·  22 June 2021
Bitcoin

Analysts Divided on Bitcoin’s Price Prospects as $30K Beckons

Some see that level holding, while others say further declines are likely.

Markets  ·  22 June 2021
Bitcoin

Nassim Taleb, Erstwhile Bitcoin Admirer, Publishes Paper Trashing It

Bitcoin "can be neither a long or short term store of value (its expected value is no higher than 0)," writes the "Black Swan" author.

People  ·  21 June 2021
Bitcoin

Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban

CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.

Markets  ·  21 June 2021
CoinFlash

MicroStrategy Purchases Another $489M of Bitcoin

The business-intelligence software company said that as of June 21 it holds more than 105,000 bitcoins.

News  ·  21 June 2021
Bitcoin

Ether Drops Below $2K, Bitcoin Wilts as China Tells Banks to Cut Off Crypto Transactions

China's central bank said major financial institutions must stop providing trading, clearing and settlement for crypto transactions.

Markets  ·  21 June 2021
Bitcoin

Crypto Long & Short: Commerce, Dollarization or Speculation?

Data from services on Bitcoin and Ethereum shows what's real in crypto adoption stories.

Markets  ·  20 June 2021
Bitcoin

Bitcoin Fund Holdings Hit Four-Month Low

"BTC held by ETFs and funds are a significant and measurable sample of network demand," one observer said.

Markets  ·  19 June 2021
Bitcoin

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin’s ‘death cross’ could increase selling pressure into the weekend.

Markets  ·  18 June 2021
Bitcoin

US Government to Auction Off Seized Litecoin Alongside Bitcoin

Uncle Sam is now selling litecoins it obtained for tax nonpayment.

News  ·  18 June 2021
Bitcoin

The Left’s Bitcoin Dilemma

Politicians like Elizabeth Warren are pushing bitcoin policies that put the U.S.'s commitment to free speech at risk.

People  ·  18 June 2021
Bitcoin

Bitcoin Bounce Falls Short at Resistance, Support at $30K-$34K

BTC buyers struggled near $40K resistance this week. Upside appears to be limited.

Markets  ·  18 June 2021