Bitcoin Archives - CoinDesk

Bitcoin

Active Bitcoin Addresses at Highest Since 2017’s $20K Price Record

Omkar GodboleOct 23, 2020

Continued rise in network's usage could accelerate the price rally.

First Mover

First Mover: As Bitcoin Tops $13K, Analyst Explains How Blockchain Gives Clues on Next Move

Omkar Godbole Bradley Keoun Sebastian SinclairOct 23, 2020

Chainalysis Chief Economist Philip Gradwell tips his five favorite blockchain data points for analyzing cryptocurrency markets.

Market Wrap

Market Wrap: Bitcoin Pulls Back From $13K While Ether Falls on DeFi Cooling

Muyao Shen Zack VoellOct 23, 2020

Market observers were not surprised by an immediate but mild sell-off of bitcoin after it hit 2020’s new highs.

Bitcoin

CME’s Rise in Bitcoin Futures Rankings Signals Growing Institutional Interest

Omkar GodboleOct 23, 2020

CME has risen to second place in terms of bitcoin futures open interest, passing Binance and BitMEX.

Market Wrap

Market Wrap: Bitcoin Sticks Around $13K While Ether Locked in DeFi Dips

Daniel CawreyOct 22, 2020

Bitcoin’s price continues its upward trend while ether holders withdraw crypto from DeFi.

Bitcoin

First Mover

First Mover: The FOMO Takes Over as PayPal Play Sparks Bitcoin Rally to $13K

Bradley KeounOmkar GodboleSebastian SinclairOct 22, 2020

The latest rally leaves bitcoin up 80% year to date, an enviable performance that's bound to inspire the fear of missing out among some investors.

Opinion

Forget Ethereum, DeFi Is Being Built on Bitcoin

Edan YagoOct 22, 2020

Edan Yago looks to reclaim "decentralized finance" as Bitcoin's, not Ethereum's, turf.

Bitcoin

Back at $13K: Bitcoin Unfazed by Profit Takers After Rise to 2020 High

Omkar GodboleOct 22, 2020

The bitcoin market looks to be shrugging off increased selling pressure from profit takers after prices surged this week.

Bitcoin

Bitcoin Rallies Above $13K Less Than 24 Hours After Breaking 2020 Highs

Muyao ShenOct 21, 2020

Bitcoin (BTC) has risen above $13,000 in less than 24 hours after it broke the $12,000 level on the news PayPal will support cryptocurrencies on its platform.

Market Wrap

Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops

Daniel CawreyOct 21, 2020

Bitcoin’s price hit a 2020 record as ether’s share of the market dips.

PayPal

Baby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play

Ian AllisonOct 21, 2020

Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?

Nigeria

Nigeria Protests Show Bitcoin Adoption Is Not Coming: It’s Here

Sandali HandagamaOct 21, 2020

Blockchain is gaining traction fast in Nigeria partly because its young and tech-savvy population is showing an eagerness to learn more about Web3.0, a decentralized internet powered by blockchain technology.