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CDCROP: Bitcoin Benjamin Franklin blowing bubblegum (Getty Images)

Bitcoin Was a Winner During the U.S. Banking Crisis, but Illiquidity Prevents It From Being a USD Hedge

While capital flowed into bitcoin amid a period of uncertainty, the cryptocurrency’s fractured liquidity arguably played the largest role in its surge.

By Conor Ryder

Mar 25, 2023 at 10:45 a.m. UTC

Mar 25, 2023

OpinionBitcoinTradingLiquidityKaiko

Safe Haven From Banks? Bitcoin’s New Narrative Comes Into View

Banks down, bitcoin up and, boom, a narrative is born.

By Nathaniel Whittemore

Mar 25, 2023 at 9:00 a.m. UTC

Mar 25, 2023

The BreakdownPodcastsBalaji SrinivasanBitcoin

CDCROP: AI Artwork Charts Graphs Indices Market (Midjourney/CoinDesk)

Bitcoin, Ether Prices Flatten During Week of Financial Turmoil

Despite banking unrest and increased regulatory scrutiny, bitcoin and ether were trading roughly where they started the week.

By Glenn Williams

Mar 24, 2023 at 9:52 p.m. UTC

Mar 24, 2023

AnalysisBitcoinEtherMarketsTechnical AnalysisETH/BTCFOMC

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

By Jocelyn Yang

Mar 24, 2023 at 9:21 p.m. UTC

Mar 24, 2023

BitcoinbankingMarketsTradingInvesting

CDCROP: Russian bitcoin fraud suspect Alexander Vinnik (Shutterstock)

Bitcoin From Defunct BTC-e on the Move Again: Report

Someone is trying to cash out bitcoin from an exchange the U.S. shut down in 2017.

By Anna Baydakova

Mar 24, 2023 at 7:00 p.m. UTC

Mar 24, 2023

BTC-eWexBitcoin

Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.

By Michael J. Casey

Mar 24, 2023 at 5:13 p.m. UTC

Mar 24, 2023

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Historic photograph of a German bank during a period of hyperinflation during the Weimar Republic. (Bain News Service/Wikimedia Commons, modified by CoinDesk)

Consensus Magazine

Opinion

A Sudden Onset of Hyperinflation: What Will Happen to Bitcoin?

If the world is thrust into hyperbitcoinization – as Balaji Srinivasan predicts – before the ecosystem is ready, then even bitcoiners might not be in a position to use bitcoin.

By George Kaloudis

Mar 24, 2023 at 4:34 p.m. UTC

Mar 24, 2023

OpinionBitcoinHyperinflationThe NodeNewslettersBalaji Srinivasan