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Here's What Inflation Rising Faster Than Expected Means for Bitcoin

Some investors are buying bitcoin as a hedge against inflation, but CoinDesk's Director of Data and Indexes Galen Moore is skeptical. "The idea that somebody is afraid that the dollar is losing its value and therefore is fleeing to the safety of bitcoin is frankly silly," Moore said.

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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 TWh, or about the same size consumed by Malaysia or Egypt.

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Elon Musk, Bitcoin and the Ongoing Energy Debate

Responding to Elon Musk calling the bitcoin energy usage trend “insane,” CleanSpark CEO Zach Bradford sheds light on the ongoing debate about cryptocurrency and energy consumption.

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New Constructs: Coinbase Stock Could Fall to $100

Coinbase shares (COIN) have fallen over 30% since going public in April. New Constructs CEO David Trainer explains why he expects the share price to go down even further to $100.

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Elon Musk Says Tesla Suspending Bitcoin Payments, Citing Environmental Concerns

In a reversal, Tesla CEO Elon Musk says the electric car manufacturer would no longer be accepting bitcoin payments due to environmental concerns. The price of bitcoin and other cryptocurrencies dropped in response. “The Hash” panel debates the timing and what’s really behind Tesla’s U-turn.

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Canadian Bitcoin Miner Bitfarms Will Soon Be Listed on the Nasdaq

Toronto-based bitcoin miner Bitfarms has received approval for common stock listing on the Nasdaq, something Bitfarms President Geoffrey Morphy says is a longtime dream that will help the company grow in the international market. Morphy weighs in on Bitfarms' expansion plans and the technological improvements Bitfarms has to make mining more eco-friendly.

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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 climbing at a faster pace than economists expected? "All About Bitcoin" host Christine Lee reviews the data in Chart of the Day.

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Block.one Receives $10B to Launch Crypto Exchange Subsidiary

Peter Thiel and Mike Novogratz are among a host of big investors behind software firm Block.one’s new subsidiary that plans to launch a cryptocurrency exchange named “Bullish Global." This comes on the heels of Palantir Technologies announcing it is considering bitcoin buys. CoinDesk News Reporter Jamie Crawley unpacks the news and potential implications.

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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.

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BTC Hitting $100K by End of Year ‘Very’ Likely, Toroso Investments CIO Says

Responding to data that reveals increasing selling pressure from bitcoin whales, Toroso Investments CIO Michael Venuto sees the glass half full, saying bitcoin reaching $100K by the end of the year is "very, very" likely. Plus, his thoughts on the likelihood of the SEC approving bitcoin ETFs this year.

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