Slipping Chinese Yuan May Boost Bitcoin Price, Past Data Suggests
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.
With historical data suggesting an intermittent correlation, bitcoin traders may do well to keep an eye on the ongoing slide in the yuan, analysts say.
While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities.
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors.
Bitcoin briefly crossed back above $9,000 earlier on Tuesday amid signs of an improved risk appetite in the traditional markets.
Zcash is due for its first mining reward halving later this year. The event could solve a major problem for the privacy-focused cryptocurrency.
While bitcoin is losing altitude, small investors look to be gaining exposure to the top cryptocurrency, data suggests.
Binance is forced to "technically" support last week's hard fork of the Steem blockchain, according to the exchange's CEO, Changpeng Zhao.
With so much attention on institutional involvement in crypto asset markets, we overlook they are already here through VC investments – less fast-paced, perhaps, but important to keep an eye on for what they reveal about cycles.
Bitcoin fell for a second day as sentiment grew bearish, though some traders say they’ll buy the dip.
It doesn't take long to learn how to trade, but it takes a lifetime to learn how to manage risk, says Jeff Dorman, CIO at Arca.
Spoooky! BTC saw a ghost Wednesday and scared the markets. It's CoinDesk's Markets Daily podcast.
Here's why Kyber Network's KNC is this season's hottest token across decentralized cryptocurrency markets.
Rumor spread bitcoin's mysterious founder, Satoshi Nakamoto, was moving early-mined bitcoin.
Bitcoin is struggling to gather upside traction despite positive developments on the macro and technical fronts.
Downward bitcoin prices could impact stakeholders more than ever before, including derivatives traders and miners.
Bitcoin tumbled 6% in the span of an hour on Wednesday, bringing a quick end to a four-day rally.
50 bitcoin held in an inactive wallet since 2009 were moved Wednesday, but there's little to support the belief that creator Satoshi Nakamoto mined those coins.
Bitcoin's halving busted a lot of miners while Samsung adds blockchain e-gaming. It's CoinDesk's Markets Daily podcast.
With staking and a surge of demand for stablecoins, Ethereum has everything it needs to become a viable store-of-value network.
Bitcoin's mining "difficulty" just fell 6%, giving small-scale miners a reprieve. But this is only a small dip before an even steeper ascent.
Open interest in bitcoin options listed on the Panama-based exchange jumped to a record $1 billion Tuesday, according to data from Skew.
Ether is outperforming bitcoin in 2020 but has lower liquidity and different technical dynamics than the world’s largest cryptocurrency.
The halving could both increase the rate at which bitcoin’s price rises and bring forward the point at which it crashes, says our columnist.
The Puell Multiple shows bitcoin may still be undervalued.
When a famed macro investor like Paul Tudor Jones invests in Bitcoin, you know it's a serious play. Next step: central banks buying crypto too.
BTC hits a golden cross while hackers break into COVID-19 researching supercomputers. It's CoinDesk's Markets Daily podcast.
The trading engine for BitMEX, formerly the largest bitcoin derivatives exchange by open interest, was offline for a period Tuesday.
Bitcoin mining is set to get easier, as the network undergoes an expected difficulty adjustment on Tuesday – the first since last week's reward halving.
Bitcoin's price uptrend could gather pace following the confirmation of the golden crossover in the next few days.
Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break five digits again.