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Mark Cuban says Bitcoin failed as a hedge

Billionaire Mark Cuban sold most of his bitcoin after the asset failed to hold up during the Iran conflict. The longtime crypto advocate had argued for years that bitcoin was "a better version of gold than gold" — but during this latest geopolitical shock, gold rallied and bitcoin dropped. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Mark Cuban says Bitcoin failed as a hedge

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Live markets: Bitcoin heads lower late Friday as Warsh takes over at Fed

Kevin Warsh was sworn in as Fed chairman in a White House ceremony early Friday afternoon.

Senate confirmed Kevin Warsh to the Federal Reserve Board (Getty)

Markets

IREN co-founder says AI’s biggest bottleneck is infrastructure, not chips

Dan Roberts outlines IREN’s strategy to build a vertically integrated AI platform spanning power, data centers, GPUs and enterprise software.

Mining equipment (Shutterstock)

Markets

Trump Media moved but 'did not sell' $205 million in bitcoin amid rising losses on crypto bets

DJT’s bitcoin strategy remains under pressure as the company sits on hundreds of millions in unrealized crypto losses and widening quarterly deficits.

(Anna Moneymaker/Getty Images)

Markets

Bitcoin implied volatility drops to 7 month low despite macro risks

BTC's implied volatility is a picture of calm even as financial headlines warn of macro risks.

CoinDesk

Markets

Bitcoin trades near $77,700 as analysts eye $75,000 support after liquidation wave

Open interest held steady and funding stayed subdued during the recent liquidation wave, suggesting traders were de-risking rather than capitulating, according to HashKey Research's Tim Sun.

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Tech

Satoshi’s 1.1 million bitcoin and millions more can be saved from quantum attack, says expert

Researchers at the privacy-centric blockchain startup say their multi-layer quantum defense will feature a soft fork to freeze and protect dormant BTC.

AmericanFortress CEO (AmericanFortress)

Videos

SpaceX's $2T IPO reveals huge Bitcoin bet

SpaceX filed its S-1 with the SEC, revealing 18,712 bitcoin on its balance sheet and a target valuation of up to $2 trillion. If it hits the upper end, the listing would surpass Saudi Aramco as the largest IPO in history and push Elon Musk toward becoming the world's first trillionaire. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

SpaceX's $2T IPO reveals huge Bitcoin bet

Markets

Mark Cuban says he sold most of his Bitcoin after failed hedge narrative 'disappointed' the billionaire

The billionaire investor said he sold most of his bitcoin after concluding the cryptocurrency failed to act as a hedge during recent geopolitical turmoil and dollar weakness.

CoinDesk

Markets

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Live markets: Yet another Iran peace deal and Mark Cuban sells his bitcoin

Hyperliquid's HYPE is the outlier in crypto, rising 16.5% over the past 24 hours to a new record high.

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1 | Latest Cryptocurrency News, Bitcoin & Crypto Updates 2026