CoinDesk News
The price of bitcoin (BTC) topped $63,000 on Wednesday, the original cryptocurrency’s first time above that level since the peak of the last bull market in November 2021. This week’s giant rally has coincided with huge inflows into U.S.-traded spot ETFs, with the new funds adding more than another 12,000 bitcoin on Tuesday after adding…
By: Will Canny Wall Street investment firm Bernstein last week listed seven predictions that could reignite growth in crypto. 1. The Ethereum Merge is successful Even though the switch to a proof-of-stake method of maintaining its network from a proof-of-work one is just days away, there remains a healthy bit of skepticism, Bernstein analysts Gautam…
By: Alyssa Hertig This past year, key developments on the Lightning protocol have been making Bitcoin a better payment system. Attention in Bitcoin in 2021 has been glued to El Salvador making history as the first country in the world to adopt bitcoin as legal tender and bitcoin’s chronically fluctuating price. But behind the scenes,…