Bitcoin News

Bitcoin News

Markets

Bitcoin remains subdued as gold races to new record above $5,400 following Jerome Powell remarks

Gold fans rushed in to buy as the Fed chair said he took no macro signal from the raging bull market in precious metals.

Jerome Powell speaking at podium

Markets

Tesla made no changes to bitcoin holdings in Q4 as it booked $239 million digital asset loss

The company's bitcoin stack remained at 11,509 coins, worth about $1 billion at BTC's current price near $89,000.

Elon Musk (jurvetson /CC BY 2.0./Modified by CoinDesk)

Markets

Federal Reserve holds policy steady as early rate cut bets vanish and bitcoin stalls

The January Fed rate decision capped a sharp reversal in easing expectations, likely among the reasons for crypto's poor price performance.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)

Markets

Bitcoin treasury firm Strive raises $225 million to pay off loans, buy more bitcoin

The offering of SATA shares was oversubscribed and upsized from the initial $150 million target.

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Tech

Peter Thiel and Galaxy-backed Citrea wants to turn idle bitcoin into a high-speed bank account

Founders Fund and Galaxy-backed Citrea is aiming to unlock Bitcoin-denominated credit markets with a new mainnet and a Treasury-backed stablecoin designed for USD settlement.

A photo of Citrea's four co-creators (Citrea)

Markets

Bullish bitcoin traders grab crash protection as Friday's $8.9 billion expiry nears

Bitcoin and ether options worth billions of dollars are set to expire this Friday.

CoinDesk

Markets

Long-term bitcoin holders resume selling as price lags behind traditional markets

Long-term bitcoin holders are selling at the fastest pace since August as the cryptocurrency's price lags behind broader financial markets.

BTC: Long-Term Holder Net Position Change (Glassnode)

Markets

Top stablecoins shrink as crypto cash flees, posing risk to bitcoin's bounce

USDC leads the decline in the market cap of top stablecoins, posing risk to crypto market valuations.

(USDC)

Markets

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

Donald Trump points at the audience during a press conference at the White House.

Markets

Bitcoin to silver ratio nears levels last seen during the FTX capitulation

Volatility, historical timing, and relative value signals raise questions around a potential blow off top for silver.

CoinDesk