Bitcoin News

BTC and ETH derivative markets for the next three months suggest…

The Bitcoin market has now traded lower for eight consecutive weeks, the longest continuous string of red weekly candles in history. Even, Ethereum, the largest altcoin...

ambcrypto.com•2 h ago•3 min read

Bitcoin, Ethereum Exchange Inflows Suggest Sell-Offs Are Far From Over

Bitcoin and Ethereum have been at the forefront of market sell-offs that were triggered by the UST crash. Since then, sellers have continued to dominate the market and even with...

newsbtc.com•3 h ago•3 min read

Ray Dalio Still Holds ‘Tiny Percentage’ of Portfolio in Bitcoin

The hedge fund manager believes Bitcoin plays a role among gold and other assets in a well-diversified portfolio.

cryptopotato.com•3 h ago•3 min read

Bitcoin Extends Record Streak of Weekly Losses to Eight

Down eight weeks in a row, Bitcoin for the second straight week has set a record for the most consecutive losing weeks.Compared with a May 16 closing figure of $31,300, Bitcoin closed Monday at about $30,287, according to BitStamp data. Today’s price, as of this writing, was about $29,375.Before last week’s record seventh straight week of red candles, the previous mark for consecutive losing weeks was six, during Bitcoin’s 2014 bear market. Back then, it steadily fell from $507 to $323 from Augu

decrypt.co•3 h ago•2 min read

What are the implications if Bitcoin is treated as a commodity?

SEC Chair Gary Gensler said Bitcoin is a commodity "maybe," but what are the implications of this?

cryptoslate.com•4 h ago•3 min read

Mercado Bitcoin partners with Stellar to create MVP for Brazilian CBDC

Cryptocurrency companies unite to create use cases for Brazil’s CBDC with central bank approval.

cointelegraph.com•4 h ago•3 min read

Fidelity's bitcoin index fund surpasses $125 million in investments

Almost two years on from its launch Fidelity Investments bitcoin index fund has seen a drop in the growth of in-bound investments year on year, regulatory filings show.

theblockcrypto.com•5 h ago•1 min read

Coinbase Becomes First Bitcoin Company Among Fortune 500

Coinbase, the largest U.S. cryptocurrency exchange, has become the first crypto-focused company to be included in the Fortune 500.The exchange pulled in $7.8 billion in revenue for the 2021 fiscal year, ranking 437th on the list, which was announced on Monday. But when ranked by revenue growth, Coinbase, at nearly 514%, trailed only Moderna (almost 2,200%) among top 500 firms. The bulk of Coinbase's revenue is from trading fees.Both Coinbase and Moderna were among the companies that "thrived und

decrypt.co•6 h ago•2 min read

Bitcoin, Gold and Bonds could dominate 2022 – Bloomberg Intelligence

As global equity markets continue their downtrend, a global commodities expert from Bloomberg believes that Bitcoin may be part of an group of assets to dominate in 2022

cryptoslate.com•6 h ago•3 min read

Three Factors That Will Favor Bitcoin Vs Crude Oil This Decade: Bloomberg’s Chief Expert

Chief commodity strategist of Bloomberg, Mike McGlone, has taken to Twitter to share his view on the trajectory of crude oil price versus that of Bitcoin, where the latter has been rising.

u.today•6 h ago•2 min read