Latest Crypto News

Markets

Record breaking stats from bitcoin’s Thursday capitulation signal a bottom is near

Extreme capitulation metrics are now matching levels seen only at major cycle lows.

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay, modified by CoinDesk)

Markets

Bitcoin rises past $68,000, extending bounce from Thursday's crash

Strategy, MARA Holdings and Galaxy Digital are among crypto-related stocks posting double-digit percentage gains early Friday.

Tug of war. (Shutterstock)

Finance

Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move

The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.

Bitfarms facility in Saint-Hyacinthe, Quebec, Canada.  (CoinDesk archives)

Markets

Here's what Wall Street analysts are saying after IREN's earnings miss

The weaker results were tempered by continued progress in the bitcoin miner’s shift toward AI infrastructure.

Bitcoin miners (Shutterstock)
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CoinDesk Indices

CoinDesk 20 Performance Update: Ripple (XRP) Surges 20.1% as All Assets Trade Higher

Hedera (HBAR) was also among the top performers, rising 13.1% from Thursday.

9am CoinDesk 20 Update for 2026-02-06:

Markets

Citi cuts Coinbase price target to $400 after stock's 65% plunge from record high

The bank trimmed its Coinbase revenue and earnings forecasts amid a brutal risk-off environment for crypto and delays around U.S. market structure legislation.

Coinbase

Finance

Metaplanet commits to bitcoin accumulation even as shares decline

Metaplanet, Asia's largest publicly traded holder of bitcoin, is currently deep in the red, with its average acquisition cost per bitcoin at roughly $107,000.

Bitcoin Treasuries

Markets

XRP at center as Ripple lays out institutional DeFi blueprint for XRPL

Ripple and XRPL developers say recent mainnet upgrades and upcoming features position the XRP Ledger as a hub for regulated, real-world finance.

Ripple
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Crypto Daybook Americas

Recovering bitcoin still faces macro risks

Your day-ahead look for Feb. 6, 2026

Ship on turbulent waters. (Pixabay)

Markets

ARK offloads $17 million of Coinbase, adds $18 million of Bullish amid crypto rout

COIN lost 13.34% on the day to close at $146.12 amid ongoing tanking of the crypto market which has seen bitcoin fall as low as $60,000, its lowest since November 2024.

Ark Invest CEO Cathie Wood

Markets

Crypto market brightens after selloff that sent bitcoin to lowest since October 2024

A brutal crypto selloff erased $2.6 billion in leveraged bets, sent bitcoin to $60,000 and left markets deeply oversold.

Trading screen

Markets

Weak earnings drag IREN, Amazon; bitcoin stocks rebound in pre-market

Earnings disappointments weigh on AI related tech, while crypto sentiment improves on bitcoin’s rebound.

Racks of mining machines.
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Markets

Strategy to initiate a bitcoin security program addressing quantum uncertainty

Michael Saylor reinforces commitment to bitcoin and quantum security on Q4 earnings call.

Strategy Executive Chairman Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De)

Markets

U.S. job losses at 17-year high raise positive signals for bitcoin bulls

Unofficial economic indicators suggest the Fed may need to ease policy, boosting riskier assets.

Graphic showing the word "Layoffs" (geralt/Pixabay)

Markets

Jefferies sees few signs of a crypto bottom yet flags upside for tokens with fundamentals

Bank says institutional de-risking continues, but resilient network activity and growing TradFi adoption could lift revenue-linked assets over time

Bitcoin (Midjourney/Modified by CoinDesk)

Markets

Bitcoin’s crash to $60,000 has traders hunting for a hidden fund blowup

Traders on X are pointing to everything from a Hong Kong fund blowup to yen funding stress and even quantum security fears as bitcoin’s plunge turns into a full-blown narrative vacuum.

(Emily Morter/Unsplash)
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