Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger
Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YJC2HK6IXZHLBJG7KD4CEXCWGM.png)
Sponsored
Jun 23, 2021 at 8:15 p.m. UTC
Jun 23, 2021
Frances Yue
:format(webp)/www.coindesk.com/resizer/8cxUJPflIM99sNzwaJhESqJYztg=/arc-photo-coindesk/arc2-prod/public/XZT6HYTCMFDKTDCTURLAQPX5FY.jpg)
Recent
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/EK2D4LF2XBBZHEESWFHN5BGFZ4.png)
Market Wrap: Bitcoin Back Above $30K in Volatile Trading Session
Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.
Sponsored
Jun 22, 2021 at 8:43 p.m. UTC
Jun 22, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4R7R6HLSFFHN3J6Z6BWIR4AWEA.jpg)
MicroStrategy’s Most Recent Bond Drops Below Par as Bitcoin Sells Off
The price on the $500 million bond has fallen by almost three points.
Sponsored
Jun 22, 2021 at 8:35 p.m. UTC
Jun 22, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/34M52FZMSRETLD3DK7X6QP667E.jpg)
Amber Group Valued at $1B in $100M Funding Round
The crypto financial services firm said it plans to use the funding to expand its global operations.
Sponsored
Jun 20, 2021 at 10:00 p.m. UTC
Jun 20, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LX6OKYICQBFUNLANDJOLD3IDUI.png)
Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’
Bitcoin’s "death cross" could increase selling pressure into the weekend.
Sponsored
Jun 18, 2021 at 8:19 p.m. UTC
Jun 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/UDX5YY345BCAZP3WTKDHSY5U2M.jpg)
US Government to Auction Off Seized Litecoin Alongside Bitcoin
Uncle Sam is now selling litecoins it obtained for tax nonpayment.
Sponsored
Jun 18, 2021 at 7:16 p.m. UTC
Jun 18, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/67V5UI6ULNHQFIFBVHQMA5VXO4.png)
Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement
Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.
Sponsored
Jun 17, 2021 at 8:37 p.m. UTC
Jun 17, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RY3KUDJS6JGHHFSAXZ7AX74QS4.png)
Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.
Sponsored
Jun 16, 2021 at 8:29 p.m. UTC
Jun 16, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CIKZSBSECRDERNRT7BPTX24A6M.jpg)
Bitcoin Hashrate Drops to 6 1/2-Month Low After China Mining Crackdown
The Bitcoin network's processing power could rebound if miners relocate to other locales, one analyst predicts.
Sponsored
Jun 16, 2021 at 7:30 p.m. UTC
Jun 16, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/J45HIU7JBRBOJMOJ4RIJHKQOOQ.png)
Market Wrap: Attempts to Push Bitcoin Above $40K Stall
Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.
Sponsored
Jun 15, 2021 at 8:16 p.m. UTC
Jun 15, 2021