Bitcoin News

Bitcoin News

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)

Markets

Michael Saylor and Jack Mallers go toe-to-toe over Strategy's bitcoin reporting metrics

The two bitcoin treasury leaders renewed the debate over Strategy's mNAV and dilution, with Saylor arguing that equity issuance for cash strengthens, rather than dilutes, shareholders.

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

Markets

Corporate bitcoin buying has collapsed from $500 million per day to almost negligible

ETF outflows have dominated the narrative but corporate bitcoin treasuries have gone quiet too, compounding the demand-side weakness.

Charts, graph. (Adam Smigielski/Unsplash)

Markets

BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market

BlackRock's IBIT and Fidelity's FBTC are attracting the vast majority of new bitcoin ETF money, leaving smaller funds increasingly sidelined as institutional investors consolidate around the industry's largest players.

(Sebastian Jacobsen/Unsplash)

Markets

Michael Saylor gets into public debate over claims that Strategy's latest share sale was dilutive

Strategy's BTC Yield fell from 13.0% to 12.8% following its latest bitcoin purchase, prompting a debate on X over whether the purchase was dilutive to shareholders.

Strategy Executive Chairman Michael Saylor (CoinDesk Television)

Markets

Bitcoin trims losses after core CPI rises less than feared 0.2% in May

Headline inflation rose an expected 0.5% in May, but the beat on the core rate — which cuts out food and energy costs — is pleasing markets.

Shopping trolley The latest inflation data is due on Thursday morning (Kinga Krzeminska/Getty Images)

Tech

A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care

"It did not work," Botanix said. "At least not in this market and not in this timeline."

Closed sign (Tim Mossholder/Unsplashed, modified by CoinDesk)