Market Outlook

As the bitcoin market grows bigger and changes, blockchain data also becomes more complicated to interpret.

Investors are again HODLing for the long-term, taking liquidity out of the market.

The credit-focused firm is also considering hiring experts in cryptocurrency investments, the report said.

The rating agency said that the law and other policy decisions had “weakened governance” and increased tensions with other countries.

Some tokens will distributed to members of the startup's community.

Even while pressure mounts to taper its asset purchases, the central bank will continue its accommodative quantitative easing.

The International Monetary Fund has finally expanded on its "issues" with El Salvador's adoption of bitcoin. There's not much behind the curtain.

"We didn't want to make this a thingy," Binance CEO Changpeng Zhao posted Monday on Twitter, a week after making the change.

"It's time, we think, to move on from it," CEO Sam Bankman-Fried said in a tweet.

Analysts have looked at the predictive power of Metcalfe's Law to determine the value of the Bitcoin network.

A combination of falling price and rising open interest is said to signal bearish conviction on the part of bitcoin futures traders.

"Bitcoin is still just chopping around," one analyst said.