Anatomy of bitcoin's plunge this week: The dollar's bottom was BTC's top
It seems like ages ago, but bitcoin rose to just shy of $91,000 on Wednesday. Then the U.S. dollar started to strengthen.
Market analysis, price movements, and trading insights
It seems like ages ago, but bitcoin rose to just shy of $91,000 on Wednesday. Then the U.S. dollar started to strengthen.
Crypto bulls who have theorized that bitcoin can't begin rising until money flows out of red-hot precious metals are about to find out if they were correct.
Technical charts tilt toward further downside for Bitcoin and altcoins if BTC’s critical $80,000 fails to hold. Does data suggest that bulls are buying the dips?
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Proof-of-reserves shows assets at a single point in time, but it does not prove solvency, liquidity or sound governance. Here is what PoR misses and what real trust looks like.
A wave of leveraged liquidations erased hundreds of billions in value, reshuffling Bitcoin’s standing among the world’s largest investable assets.
An official said that Hong Kong authorities would work on a draft framework, and had begun processing license applications for stablecoin issuers and addressing crypto taxes.
A new special purpose acquisition vehicle (SPAC) tied to crypto exchange Kraken completed its IPO, raising $345 million.
Despite crypto’s promise of faster, cheaper transactions, the payments giants aren’t buying the stablecoin pitch, at least not in developed markets.
Stablecoin rewards and the Clarity Act widen the divide between crypto and TradFi, according to people who spoke with the WSJ.
Bitcoin Magazine Bitcoin Rainbow Chart Signals ‘Fire Sale’ Zone as BTC Enters Undervalued Territory Bitcoin’s price has plunged into zones historically tagged by long‑term valuation models as “fire s...
The Ethereum co-founder wants to pursue an “aggressive” roadmap that will strengthen its status as a decentralized world computer.