Bitcoin News

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.

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.

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.

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.

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.

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.

Mexican billionaire Ricardo Salinas remains bullish on bitcoin after plunge
Salinas has previously said he has 70% of his liquid assets in bitcoin.

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.

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.

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.

