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Seeking Direction: Price of Bitcoin Struggling for a Breakthrough
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Seeking Direction: Price of Bitcoin Struggling for a Breakthrough
The price of bitcoin dropped 35% in May, registering one of its most significant monthly drops on record. In the wild trading sessions last week, the bitcoin price fell below...
Seeking Direction: Price of Bitcoin Struggling for a Breakthrough
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Jun 2, 2021 at 12:50 a.m. UTC
Jun 2, 2021
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Examining the 'Consensus Bump' Phenomenon
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Bitcoin news
Examining the ‘Consensus Bump’ Phenomenon
According to internal CoinDesk lore, the price of bitcoin jumps slightly before every annual Consensus conference. According to data from this year, it looks like the pattern...
Examining the 'Consensus Bump' Phenomenon
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May 28, 2021 at 11:51 p.m. UTC
May 28, 2021
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Institutions Are Buying the Dip
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Institutions Are Buying the Dip
“All About Bitcoin” host Christine Lee breaks down data that shows large investors remain confident of bitcoin’s long-term prospects and continue to accumulate coins during pr...
Institutions Are Buying the Dip
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May 22, 2021 at 1:13 a.m. UTC
May 22, 2021
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Bitcoin’s Recent Sell-Off Nothing New
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Bitcoin news
Bitcoin’s Recent Sell-Off Nothing New
Bitcoin’s sell-off in recent days may be a rude awakening for newcomers in the digital asset space, but it’s hardly anything new. “All About Bitcoin” host Christine Lee breaks...
Bitcoin’s Recent Sell-Off Nothing New
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May 21, 2021 at 5:16 p.m. UTC
May 21, 2021
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Bitcoin Price Plummets to Lowest Levels Since February Following Elon Musk’s Tweets
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Bitcoin news
Bitcoin Price Plummets to Lowest Levels Since February Following Elon Musk’s Tweets
Bitcoin slipped to about $42,200 Monday, a 3.5-month low, with recovery momentum remaining limited. “All About Bitcoin” host Christine Lee breaks down the data in today’s Char...
Bitcoin Price Plummets to Lowest Levels Since February Following Elon Musk’s Tweets
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May 17, 2021 at 11:51 p.m. UTC
May 17, 2021
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There's Now Almost Zero Correlation Between Dogecoin and Bitcoin
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There’s Now Almost Zero Correlation Between Dogecoin and Bitcoin
Dogecoin has taken on a life of its own. The memecoin used to be correlated with the price of bitcoin, but data gathered by CoinDesk’s research team shows the correlation betw...
There's Now Almost Zero Correlation Between Dogecoin and Bitcoin
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May 15, 2021 at 12:03 a.m. UTC
May 15, 2021
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Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt
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Bitcoin news
Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt
“All About Bitcoin” host Christine Lee breaks down the chart tweeted by Elon Musk Thursday, with bitcoin’s annualized estimate electricity consumption being approximately 150...
Chart of the Day: Bitcoin Mining Consumes Almost The Same Amount of Electricity as Malaysia or Egypt
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May 14, 2021 at 1:04 a.m. UTC
May 14, 2021
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Bitcoin, Inflation and the U.S. Dollar
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Bitcoin news
Bitcoin, Inflation and the U.S. Dollar
Data from Coin Metrics show bitcoin rising as the U.S. dollar weakens. Will the trend continue in light of Wednesday’s Consumer Price Index (CPI) report showing inflation clim...
Bitcoin, Inflation and the U.S. Dollar
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May 13, 2021 at 12:27 a.m. UTC
May 13, 2021
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Number of Bitcoin Whale Entities Dropping
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Number of Bitcoin Whale Entities Dropping
Data suggests large investors are putting bitcoin under some selling pressure. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
Number of Bitcoin Whale Entities Dropping
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May 12, 2021 at 1:35 a.m. UTC
May 12, 2021
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Dogecoin Trading Volume 'Exploding,' Surpasses Bitcoin
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Dogecoin Trading Volume ‘Exploding,’ Surpasses Bitcoin
Coin Metrics data show Dogecoin’s trading volume has “exploded,” even surpassing the trading volume of bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of...
Dogecoin Trading Volume 'Exploding,' Surpasses Bitcoin
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May 11, 2021 at 3:04 a.m. UTC
May 11, 2021
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