Bitcoin News

Bitcoin News

Markets

Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations

Matt Cole says forced selling from leveraged investors pushed STRC and SATA sharply lower before both rebounded.

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Markets

Bitcoin traders load up on bearish bets all the way down to $52,000

Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.

Bottom of a swimming pool. (xing419/Pixabay)

Markets

Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal

GPU cloud contract with Bell and Cohere strengthens HIVE's shift from bitcoin mining to high performance AI computing.

Frank Holmes (Credit: HIVE)

Markets

The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks

Capital is flowing out of the largest tech companies and bitcoin as investors pile into semiconductors, memory stocks and space-related opportunities.

Two people work on a shares paper document placed between two laptops.

Markets

Aster popped over 10% on radical 'buyback and burn' upgrade. But gains were short-lived

ASTER sees two-way volatility as bullish protocol-specific news meets hawkish Fed.

ASTER's price. (CoinDesk)

Markets

The bond market is flashing a clear signal on interest rates. Bitcoin bulls should take note

The bond market is sending a signal that complicates prospects of a near-term bitcoin bull run.

Traffic signal flashes red. (GoranH/Pixabay)

Markets

Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says

Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that Kraken says has historically marked strong entry points for buyers.

Digital screens, business & work. (Joshua Aragon/Pixabay)

Markets

Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says

Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.

Bitwise CIO Matt Hougan. (Bitwise/Press)

Tech

Bitcoin layer-2s face a bear-market reality check

Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?

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Finance

Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate

Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist who told his wife to mortgage her house to buy bitcoin.

Ricardo Salinas Pliego (CoinDesk)