Crypto News Roundup for Oct. 22, 2021

Jun 17, 2020 at 20:46 UTCUpdated Jun 17, 2020 at 20:49 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: Bitcoin Flat at $9.4K but Investors Are Holding OnA languid Wednesday in traditional markets affected bitcoin as well although it’s been a steady six weeks where the world’s first cryptocurrency outperformed most traditional assets.  Bitcoin (BTC) was trading…

Bitcoin investment funds hold an all-time high of 863,434 BTC, according to ByteTree.Digital asset funds overall attracted large inflows over the past weeks as spot bitcoin ETF optimism spread to the broader crypto markets.Bitcoin (BTC) investment fund BTC holdings have risen to the highest ever alongside the token's continuing rally thanks in part to optimism

Three U.S. presidential candidates vowed to reboot the embattled cryptocurrency ecosystem, a sign the industry's lobbying investments could bear fruit in the coming elections.The trio, two Republicans – entrepreneur Vivek Ramaswamy and former Arkansas Gov. Asa Hutchinson – and Democrat Rep. Dean Phillips, promised to ease regulatory pressures on crypto companies during the hours-long event

Less action in the bitcoin market Wednesday means traders are sitting out while ether options are piling up for a first-quarter expiration. CoinDesk 20 Bitcoin Price IndexJan 13, 2021 at 9:29 p.m. UTCMarket Wrap: Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in MarchBitcoin is making gains, though much of the…

Bitcoin and Inflation: Everything You Need to KnowCrypto enthusiasts often talk about bitcoin as a hedge against inflation. Why?The argument is that central bank money printing will lead to inflation or the decrease in the value of money over time. Bitcoin, by contrast, has a fixed limit of 21 million coins that can ever be…

May 28, 2020 at 16:00 UTCGoldman talks down cryptocurrencies while Minecraft boots up tokenized assets. It’s another episode of Markets Daily from CoinDesk! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. Chainlink, the blockchain oracle provider, apparently has not only a devoted group of backers known as “LINK Marines”…

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices (CoinDesk) Top Stories The crypto market was little changed during the European morning, with the CoinDesk 20 Index (CD20) down by around 0.35%.

Crypto majors experienced a significant decline in the past 24 hours, with meme coins like shiba inu and dogecoin leading the drop.The market is looking toward Friday's U.S. PCE inflation data for guidance on bitcoin's direction, with some analysts predicting a drop to as low as $60,000.Some of the largest cryptocurrencies lost as much as

Lottery entrants can apply to win 200 digital yuan each.Jan 21, 2021 at 3:38 p.m. UTCUpdated Jan 21, 2021 at 3:50 p.m. UTCChinese City Plans Third Digital Yuan Pilot, Giving Away $3M in CurrencyThe Chinese city of Shenzhen will stage another public trial of the central bank’s in-the-works digital currency, giving away 20 million digital…