Bitcoin News

Bitcoin News

Markets

The ghost of the iPhone: Why Michael Saylor thinks bitcoin is mirroring Apple’s legendary ‘valley of despair’

Michael Saylor compared bitcoin’s 45% drawdown to Apple’s 2013 slump, arguing that enduring deep corrections is part of every successful technology investment.

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

Markets

Canaan buys Cipher’s 49% of West Texas mining venture for $39.75 million in stock

The transaction gives Cipher a major shareholding in the Singapore-based company.

Racks of mining machines.

Markets

Bitcoin's price discovery is moving to Chicago

CME’s shift to nonstop derivatives access may accelerate institutional migration away from traditional crypto exchanges, according to the Chief Commercial Officer of XBTO.

CME Group Headquarters. (CoinDesk Archives)

Markets

Bitcoin dips under $63,000 and history says more pain ahead before bottom forms

Bitcoin extends overnight weakness amid renewed concerns over President Trump's tariffs.

(sergeitokmakov/Pixabay)

Markets

Crypto suffers deeper declines as AI fears send IBM plunging 11%

Artificial intelligence company Anthropic announced that its Claude platform can streamline COBOL code, a key profit center for IBM.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

Anthony Pompliano led Procap Financial dips toe into buybacks

The company, which has raised more than $750 million from investors, repurchased about $350,000 worth of its stock.

Anthony Pompliano. (CoinDesk)

Markets

Mexican billionaire Ricardo Salinas remains bullish on bitcoin after plunge

Salinas has previously said he has 70% of his liquid assets in bitcoin.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

Strategy logs 100th bitcoin purchase announcement, adding 592 coins last week for $39.8 million

Led by Executive Chairman Michael Saylor, the company now holds 717,722 bitcoin, purchased at an average price of $76,020 per coin, for a total of $54.56 billion.

Michael Saylor, Executive Chairman of Strategy (MSTR)

Markets

Pre-market trading stabilizes as bitcoin reclaims $66,000, Saylor eyes 100th BTC purchase

President Trump’s proposed tariffs and U.S. tensions with Iran have weighed on broader risk sentiment.

BTC Price (CoinDesk data)

Markets

Bitcoin balances on Binance hit highest since November 2024: here's what it means

Users' bitcoin holdings in wallets linked to Binance have climbed to highest since late 2024.

(Danny Nelson/CoinDesk)