Bitcoin News Roundup for March 5, 2020
HTC makes a miner, gas powers a new bitcoin effort in New York, and BTC goes back up. It's the Markets Daily podcast from CoinDesk.
HTC makes a miner, gas powers a new bitcoin effort in New York, and BTC goes back up. It's the Markets Daily podcast from CoinDesk.
Bitcoin's bulls look to have established a secure foothold above $9,000, confirming a bullish inverse head-and-shoulders breakout.
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
Bitcoin remains steady, with its 24-hour price in the $8,600-$8,800 range.
Indian Supreme Court’s decision to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country.
The Reserve Bank of Australia announced it would be cutting the cash rate by 25 basis points to 0.50 percent, its lowest on record according to recent figures.
Bitcoin may make a quick recovery above $9,000 if the bulls maintain their defense of the 200-day average at $8,720.
If central banks flood the global economy with cheap money in response to the coronavirus outbreak, that is likely to help assets like bitcoin, says Kevin Kelly.
An hour of high volume trading on Tuesday resulted in bitcoin trading lower, giving back nearly half of the previous day’s gains.
While it seems Paxos Standard (PAX) experienced a sudden surge in trading volumes, the stablecoin’s own issuer questions that very data.
Bitcoin prices slid Tuesday after the U.S. Federal Reserve announced an emergency cut in interest rates to counteract risks to the economy from the spreading coronavirus.
Bitcoin looks to have found a price bottom over the last two days and may soon witness a stronger recovery rally.
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads.
Noelle Acheson looks at how the market turmoil could spill over into politics and what that could mean for bitcoin.
Bitcoin is unlikely to get bid up after the May 2020 mining reward halving, based on the way the cryptocurrency’s options are valued.
Bitcoin is flashing green on Monday, having suffered a double-digit price drop last week.
The exchange's membership of Japan's self-regulatory organization for cryptocurrency firms indicates Coinbase still plans to launch services in the nation.
The messaging app firm launched a new U.S.-based crypto exchange, Bitfront, last week, offering traders dollar-to-crypto trading pairs.
Investors are betting the Fed will quickly slash rates amid coronavirus jitters. Whether they turn to bitcoin as a crisis hedge remains to be seen.
Cryptocurrency traders are contending with volatile markets due to the coronavirus).
Bitcoin in the dumps along with the Dow, top miners are racing to the halving, and Microsoft kills crypto jackers. It's the Markets Daily Podcast from CoinDesk.
Bitcoin risks ending the second month on a negative note for the first time in years and could suffer deeper declines in the short-term.
Both cryptocurrency exchanges have reported distributed denial-of-service (DDoS) attacks on their systems in the last 24 hours.
The spreading coronavirus sowed a new bout of fear among investors, triggering a stock market sell-off and flight to safe-haven assets like gold and U.S. Treasury bonds.
Antigua-based crypto derivatives exchange FTX saw record volumes in ether futures on Wednesday amid a sell-off in the cryptocurrency’s price.
Bitcoin's recovery from four-week lows could be extended to $9,000. However, the risk of deeper declines will persist as long as prices are below $9,400.
The crypto markets were shaken Wednesday amid a flurry of selling that saw more than $190 million worth of longs and shorts liquidated on BitMEX.
The crypto industry is taking aim at one of Wall Street’s oldest redoubts: investing in the $17 trillion market for U.S. Treasury bonds.
Several factors could explain ether’s spectacular gains and determine whether they will continue.
Crossing below the $9,000 price level is a new low for February 2020. Bitcoin has not traded below the $9,000 threshold since January 27, when it began a march to new highs in the $10,500 range.