Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Few leveraged futures traders were safe as bitcoin’s price movements impacted both longs and shorts.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5JQXIBJXGFGTFCGF6MDHQICBZY.jpg)
Sponsored
Apr 27, 2023 at 5:59 a.m. UTC
Apr 27, 2023
Bitcoin
:format(webp)/downloads.coindesk.com/arc/failsafe/placeholders/16x9.png)
Bitcoin is the pioneer of blockchains and cryptocurrencies, introduced in a white paper released in 2008 by an apparently pseudonymous person or group of people known as Satoshi Nakamoto. The document described a peer-to-peer method of transferring money without the use of financial institutions. The cryptocurrency known as bitcoin or BTC debuted in 2009. Transactions are recorded on a public ledger (a blockchain) by entities known as miners who engage in process called proof-of-work. Miners are rewarded for doing that by getting newly minted bitcoin. Some proponents view BTC as an alternative to fiat currencies and a hedge against inflation. Bitcoin has inspired the creation of numerous other cryptocurrencies and blockchain projects.
DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/HURJRB57BNH3BFXKIMSBATXUX4.jpeg)
First Mover Asia: Bitcoin Seesaws Wildly Before Settling Above $29K
ALSO: Writing about different sessions at Consensus 2023, CoinDesk columnist Daniel Kuhn considers the difficulty that the builders of decentralized finance (DeFi) and financi...
Sponsored
Apr 27, 2023 at 5:23 a.m. UTC
Apr 27, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XDVF7BC2CZEOTNESM5UKURNTMA.jpg)
Crypto Innovation and Regulation Can Co-Exist, Top Industry Executives Agree
In a wide-ranging panel discussion at Consensus 2023, a quartet of senior crypto industry executives discussed what's next in the digital asset market's evolution.
Sponsored
Apr 27, 2023 at 12:02 a.m. UTC
Apr 27, 2023
:format(webp)/cdn.jwplayer.com/v2/media/3zltu1bv/poster.jpg)
Global Head of Cumberland on Bitcoins Growth in Recent Markets
Chris Zuehlke, the Global Head of Cumberland and Partner at DRW, discusses at Consensus 2023 bitcoin, saying of its utility: "The cat's out of the bag. Bank deposits are risky...
Sponsored
Apr 26, 2023 at 11:35 p.m. UTC
Apr 26, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3QYSSZNGJ5G53OOSIVIPCD6GHY.jpg)
Bitcoin Could Be 'Great' Investment for IRA or 401K Plans
Retirement accounts offer tax-free crypto investing forever and provide an effective way to lower overall portfolio risk, said ForUsAll CEO David Ramirez.
Sponsored
Apr 26, 2023 at 11:29 p.m. UTC
Apr 26, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2OYPEQAXTVBKZPXL5WSWHSNOE4.jpg)
Bitcoin Tumbles as Wild Crypto Market Swing Causes $310M Losses From Liquidations
The CoinDesk Market Index (CMI), which tracks the performance of the broader crypto market, plummeted 5.6% in an hour.
Sponsored
Apr 26, 2023 at 9:17 p.m. UTC
Apr 26, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/22DZQYURDVA23N2DUEVWKYND3M.jpeg)
Franklin Templeton CEO: The Future of the Crypto Industry Is Regulated
At CoinDesk’s annual Consensus conference, CEO Jenny Johnson said cryptocurrencies such as bitcoin were a “distraction” from the benefits of blockchain technology.
Sponsored
Apr 26, 2023 at 7:24 p.m. UTC
Apr 26, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/7FCPMI62Z5GC7JUW2HIUFR3UBY.png)
First Mover Americas: Bitcoin Regains $29K
The latest price moves in crypto markets in context for April 26, 2023.
Sponsored
Apr 26, 2023 at 12:12 p.m. UTC
Apr 26, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XGB7SMYTPJCLRLEZ3DAS3E37JI.jpg)
Bitcoin Rallies to $29K; Cardano Leads Gains Among Crypto Majors
Total market capitalization has risen 4.9% in the past 24 hours on expectations of Fed easing, some investors said.
Sponsored
Apr 26, 2023 at 10:41 a.m. UTC
Apr 26, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3XUPZRSSA5GHNH525KAELXI3YU.jpg)
Bitcoin White Paper to Be Removed in Next Apple MacBook Update: Report
The "Easter egg" went viral earlier this year, but won’t remain on Apple for long.
Sponsored
Apr 26, 2023 at 8:26 a.m. UTC
Apr 26, 2023