Bitcoin News

Bitcoin News

Markets

Michael Saylor's Strategy acquires another 1,587 bitcoin for $100 million

The latest purchase was made at an average price of $63,024 per bitcoin.

Michael Saylor & James Van Straten (CoinDesk)

Markets

Bitcoin shoots higher on Iran peace deal, with Strait of Hormuz set to open

The price of crude oil is tumbling, and U.S. stock futures are moving higher.

Map of Iran with a pin just north of Esfahan. (Tudoran Andrei/Shutterstock)

Markets

Bitcoin could crash to $48,000, if this historical pattern is triggered

A pattern stretching back to bitcoin's earliest days has held through every market cycle. It has yet to be tested in the current one.

(Jakub Żerdzicki/Unsplash)

Finance

Here's what SpaceX's IPO means for its $1.3 billion bitcoin reserve

The largest company on public markets now holds bitcoin as a treasury reserve, not as a business model. Its first earnings cycles will test which version of corporate crypto survives a bear market.

Elon Musk (Getty Images)

Markets

Bitcoin rises above $64,000 after Pakistan prime minister says Iran peace deal is near

Bitcoin traded above $64,000 on Saturday, supported by its strongest ETF inflows in a month and growing optimism around geopolitical developments.

CoinDesk

Markets

Saylor to Musk: Thanks to you, 25% of 'Mag8' firms now hold bitcoin

"Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet," Saylor wrote on X, congratulating Musk on SpaceX's historic IPO debut.

Strategy Executive Chairman Michael Saylor (CoinDesk)

Markets

Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst

Senior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts ending the recent crypto selloff.

(Shkuru Afshar/Wikimedia Commons)

Markets

Metaplanet buys Siiibo Securities to accelerate bitcoin financial ecosystem plans

The approximately $13.1 million acquisition gives Metaplanet a regulated securities platform to develop Bitcoin-linked investment products.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)

Markets

There's one simple way to tell whether bitcoin has really bottomed. Right now, it hasn't.

Bitcoin's weekly RSI contains a critical level that has reliably separated bull and bear market regimes across multiple cycles. Right now, the indicator has yet to clear that line.

Magnifying glass. (Lucas23/Pixabay)

Markets

It's not SpaceX. Bitcoin ETF outflows may be an arbitrage story

While some analysts argue investors are selling bitcoin to free up capital for anticipated IPOs such as SpaceX and Anthropic, Sygnum's Fabian Dori says market data points elsewhere.

Display, screen. (Jakub Żerdzicki/Pixabay)