Bitcoin News
Coinbase missed again, Strategy sells Bitcoin, and is PayPal for sale?
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Clear Street Managing Directors and Senior Analysts Owen Lau and Brian Dobson to break down a heavy week of earnings: Strategy's first quarter selling Bitcoin, Coinbase's third straight quarterly miss and Stripe and Advent's bid for PayPal. Then, after a look at ETF flows and Morgan Stanley's launch of the market's cheapest spot Ethereum and Solana ETFs at 14 basis points. Plus, Grayscale Head of Trading and Capital Markets Krista Lynch unpacks the state of crypto ETF flows and Altius co-founder and CEO Annabelle Huang makes sense of the macro backdrop along with her bear case for Bitcoin to dip to the $40K range. - Learn more at https://www.bullish.com/. - Register now for CoinDesk's Policy and Regulation event on September 24, 2026: https://policy-regulation.coindesk.com/. - To get market moving news delivered daily, download CoinDesk’s mobile app: https://linktr.ee/coindeskapp.
U.S.-Japan intervention revives yen carry trade fears for bitcoin
Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger risk.
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock.
The bitcoin futures yield collapse: Once over 20%, now less than Treasury notes
Bitcoin futures’ once-rich carry has evaporated, with quarterly basis yields trailing two‑year U.S. Treasuries since February, a sign of shrinking arbitrage and a maturing market.
Coldcard wallet losses may near $114 million as possible fourth sweep emerges
The pending transactions signal replace-by-fee, so anyone who spots their address in the mempool has minutes to pay a higher fee and move funds first.
Michael Saylor’s Strategy is now tracking bitcoin’s 200-week moving average
Michael Saylor’s company, Strategy, is now closely monitoring bitcoin’s 200-week moving average, a key long-term support level that the cryptocurrency has historically respected.
Unlike the FTX collapse, the $89 million Coldcard exploit has investors sending bitcoin back to exchanges
The Coldcard vulnerability has smaller bitcoin holders moving funds onto exchanges for safety, according to blockchain analytics firms. This is opposite of the trend seen following the FTX collapse in late 2022.
Strategy holds STRC dividend at 12%
Customarily, Michael Saylor and team have lifted the STRC dividend when it trades sizably below par, but not this month.
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through year-end.
Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say
The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.
