Bitcoin News

Paxful CEO on El Salvador's Bitcoin Rollout
On the ground in El Salvador at the 2021 Latin American Bitcoin and Blockchain Conference, CoinDesk's Elaine Ramirez talks to Ray Youssef, CEO of Paxful, a peer-to-peer crypto marketplace that has made strides onboarding crypto adopters in emerging markets. Youssef discusses the latest on El Salvador's bitcoin rollout and the country's wider state of crypto affairs.

Bitcoin Appears Exhausted, Risks Double Top
LMAX Digital says bitcoin has been looking tired in recent sessions after failing to extend the record run. There is now a risk for a double top on the daily chart, which, if triggered, could expose the possibility for a more profound drop towards a measured move downside extension target in the $48,000 range. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Bitcoin's Next Move After Tumbling to 3-Week Low Under $60K
Neobank Upgrade CEO Renaud Laplanche discusses bitcoin's retreat and possible price trajectory as the cryptocurrency tumbles to a three-week low under $60,000.

Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status, Hillary Clinton Says
Clinton called for a joint effort by nation-states to monitor cryptocurrencies’ rise.

Kleiman v. Wright: A Story of Physical and Financial Tribulation
The defense set out to prove that Dave Kleiman was too incapacitated to be materially involved in Craig Wright’s business ventures.

Biden and the Fed: Why Powell or Brainard Won’t Change Much for Crypto
Both candidates are seen as taking a tough stance on crypto regulation, but they’re also both seen as dovish – possibly beneficial for bitcoin’s inflation narrative.

First Mover Asia: Bitcoin Drops Below $60K Amid Broad Sell-Off in Crypto Markets
Traders could not definitively explain bitcoin’s decline; ether falls under $4,000 for the first time since late October.

Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines
Traders are in no hurry to buy given regulatory concerns and muted volume.

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K
Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

What’s Driving Bitcoin Price Movement?
Bitcoin appears exhausted, having failed to chart a convincing breakout beyond April highs for almost four weeks. Marc Lopresti, co-managing director at The Strategic Funds, discusses the new support and resistance levels to watch for bitcoin as indicators of a continued bull market.
