Bitcoin


Tech

Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark

The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.”

Burak Keceli, creator of Ark. (Burak Keceli)

Finance

U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K

The strong print likely advances the case for the Fed to continue its string of rate hikes at its upcoming June meeting.

(Helene Braun/CoinDesk)

Markets

First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report

The latest price moves in crypto markets in context for June 2, 2023.

(TradingView)

Markets

Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport

Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.

New and old bitcoin mining rigs at CleanSpark's site in Georgia.

Markets

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

Bitcoin daily price chart. (CoinDesk Indexes)

Markets

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns

BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

Bitcoin price one month. (CoinDesk)

Markets

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

LTC has outperformed both bitcoin and ether over the last 30 days.

CD

Markets

On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals

While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.

Keiron Crasktellanos (Unsplash)

Markets

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

The latest price moves in crypto markets in context for June 1, 2023.

CD

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