Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the…

According to the Federal Reserve Chairman, Jerome Powell, the road to economic recovery is far from over and the Covid-19 pandemic has fueled the tragedy. During his speech at the National Association for Business Economics…

Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin…

The Bitcoin (BTC) reserves of exchanges are continuing to drop, which suggests retail investors and whales might be accumulating. According to data from CryptoQuant, all exchanges’ reserves dropped to 2.4 million BTC, which is equivalent…

Bitcoin is back in the driving seat. The leading crypto has made 2.5% gains over the past week, pushing the crypto market upwards as sentiment shifts in favor of the bulls. The move comes on…

Bitcoin (BTC) starts a new week still looking for $11,000 support as macro markets wobble over coronavirus and banks’ criminal activities. Cointelegraph highlights five factors that could shape BTC price action in the coming days.…

Within the last hour, the price of Bitcoin (BTC) surpassed $11,000 across major exchanges, including Coinbase and Binance. This comes after nearly two weeks of low volatility as the cryptocurrency market remained stagnant and Bitcoin…

The economic crisis caused by the new coronavirus pandemic has wreaked havoc on most industries and asset classes, with only individual industries and safe-haven assets seeing growing profits. The cryptocurrency market was no different: in…

The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market…

One of the interesting things about cryptocurrency investors is that they really do look at the world very differently from many of their counterparts in traditional finance.  The thinking goes something like this: The efforts of…

Buyers have stepped back into the crypto market and are holding Bitcoin above $10K. Each time the cryptocurrency has dropped below this level, bargain hunters have leapt into action—aggressively buying and pushing Bitcoin back up.…

$1.4 billion every hour.  According to Bank of America, that’s the pace at which central banks around the world have been buying assets since the coronavirus-related lockdowns started in March. Coincidentally or not, the market value…

You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never…

All eyes are on Ethereum this week as DeFi continues to drive the market higher. The second-largest cryptocurrency has now reclaimed $400 while the total market cap has surged to its highest levels since May…

The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto community to give some bitcoin…

This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path.  Before…

Bitcoin (BTC) can still top $13,000 and higher as a series of non-events still leave bulls in a powerful position. Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing toward $11,500 on Aug. 28 as one analyst said…

Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position. Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, as…

Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars on…

Bitcoin (BTC) spiked to $11,600 on Aug. 27 as the United States Federal Reserve committed to maintaining an average of 2% inflation. Data from Coin360 and Cointelegraph Markets showed BTC/USD jumping several hundred dollars on…

Market Moves As Federal Reserve Chair Jerome Powell prepares to speak Thursday at the U.S. central bank’s annual Jackson Hole Economic Symposium in Wyoming, the occasion offers a glimpse of just how dramatically once-slow-moving monetary forces have accelerated…

The United States Federal Reserve chair Jerome Powell will give a speech on the Fed’s monetary policy in several hours. Contrary to expectations, it might not have any major impact on the price of Bitcoin…

The price of Bitcoin (BTC) has increased by nearly 30% since late June, from $8,905 to just under $11,500 as of press time. Following the strong rally of the dominant cryptocurrency, three macro factors point…

There is “too much money to spend,” and this will help Bitcoin (BTC) reach its next phase of huge price increases, analysts believe. In a blog post on Aug. 25, Jeroen Blokland, portfolio manager at…

On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn. BTC/USD daily chart. Source:…

Bitcoin yet to clear $12,000 hurdle Ethereum Gas prices skyrocket Small-cap cryptos shine Watch the Bitcoin and gold correlation This week, the Bitcoin and cryptocurrency market roared into Monday like a lion only to end…

The market capitalization of Tether (USDT) surpassed $12 billion as of Aug. 14, according to cryptocurrency market analytics firm Coinmetrics. Meanwhile, some believe the rapidly-rising valuation of the dominant stablecoin positively benefits Bitcoin (BTC) in…

Bitcoin kick-started the week by popping above $12,000 as the dollar dropped as the Asian market opened. This sudden rally reflects the cryptocurrency’s fresh appeal as a safe haven asset. Bitcoin has caught bids alongside…

CEO and founder of Real Vision Raoul Pal says his “conviction levels” in Bitcoin are rising on a daily basis as he compares the crypto asset to traditional investments on various timescales. Applying economic cycle…

Bitcoin prices surged 5% on Wednesday, outpacing stocks and gold amid calls for more government stimulus, as the economic toll of the coronavirus mounts. The oldest and largest cryptocurrency rose to $11,755. The price is…

Crypto analyst Mati Greenspan says the correlation between crypto assets and the S&P 500 has fallen significantly since the dramatic sell-offs in tandem early in the pandemic. In the Aug. 5 Quantum Economics newsletter, Greenspan…

The prices of gold, silver, and Bitcoin (BTC) are all rallying in tandem, as various macro factors boost alternative assets. As gold rose to a new all-time high at $2,055, BTC rallied to $11,715 on…

KNC, the native token of Kyber Network – an Ethereum-based decentralized exchange, surged by circa 16.5 percent in just two days. The cryptocurrency’s latest jump appeared as Bitcoin rally paused below $12,000. Meanwhile, the KNC/USD…