Bitcoin News

Bitcoin News

Markets

Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Markets

BTC remains range-bound as investors await the latest payrolls data on Friday.

BTC trades flat, but maintains $20,000 level. (Kenny Eliason/Unsplash)

Videos

Bitcoin Correlation to Both Risk-on and Risk-off Assets Rose in September

Bitcoin (BTC) has been trading within a $600 range while the token’s correlation with both risk-on and risk-off assets rose in September, according to Kraken Intelligence. Plus, insights on the quiet BTC whale activities in the past month. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Videos

Bitcoin Finds Resistance at $20K as Stock Market Falls

Bitcoin (BTC) remained steady at $20,000 despite the dip in the stock market ahead of Friday’s job report. Juthica Chou, Head of OTC Options Trading at Kraken, discusses her crypto outlook amid macro headwinds. Plus, more insights into the whale activities and institutional volume.

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Tech

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise

Miners with higher cost and large debt load will be weeded out by the crypto winter, according to industry experts.

(DALL-E/CoinDesk)

Videos

How OPEC’s Oil Production Cuts Could Impact Crypto Miners

Bitcoin, ether, and other major cryptocurrencies traded sideways as investors fretted over new job figures and OPEC oil cuts. Dan Weiskopf, Tidal Financial Group Portfolio Manager, discusses how higher energy prices could impact crypto miners.

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Videos

Bitcoin Is Trading With the Markets Right Now ‘for Better or for Worse,’ Expert Says

Bitcoin (BTC) is holding its ground at $20,000 despite concerns of rising layoffs and OPEC oil cuts. Dan Weiskopf of Tidal Financial Group joins “First Mover” with his outlook on the broader crypto market. Plus, the importance of diversification in the mining space and the challenges miners are facing.

Recent Videos

Markets

First Mover Americas: Bitcoin Stays Close to $20K, Sushi's Token Surges 14%

The latest price moves in crypto markets in context for Oct. 6, 2022.

Sushi is in flux. (Jakub Dziubak/Unsplash, modified by CoinDesk)

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Finance

Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining

Digital asset mining and staking infrastructure firm Foundry,will manage the day-to-day operations of Grayscale’s new co-investment vehicle

Grayscale CEO Michael Sonnenshein (CoinDesk archives)

Markets

First Mover Asia: BitMEX Shift From Hong Kong Reflects the Toll of Stringent Covid Policies; Bitcoin Trades Sideways Amid Energy, Employment Concerns

The crypto exchange leased out a full floor of the prestigious Cheung Kong Center in 2018 but now relies increasingly on remote work. BitMEX’s largest office is now in Singapore.

Hong Kong (Shutterstock)

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