Bitcoin News

Bitcoin News

Markets

Hive shares jumps 10% on $220m Canada sovereign AI infrastructure deal

GPU cloud contract with Bell and Cohere strengthens HIVE's shift from bitcoin mining to high performance AI computing.

Frank Holmes (Credit: HIVE)

Markets

The great rotation: Investors desert the Magnificent 7, crypto for AI bottlenecks

Capital is flowing out of the largest tech companies and bitcoin as investors pile into semiconductors, memory stocks and space-related opportunities.

Two people work on a shares paper document placed between two laptops.

Markets

Aster popped over 10% on radical 'buyback and burn' upgrade. But gains were short-lived

ASTER sees two-way volatility as bullish protocol-specific news meets hawkish Fed.

ASTER's price. (CoinDesk)

Markets

The bond market is flashing a clear signal on interest rates. Bitcoin bulls should take note

The bond market is sending a signal that complicates prospects of a near-term bitcoin bull run.

Traffic signal flashes red. (GoranH/Pixabay)

Markets

Buying bitcoin below its 200-week average has historically delivered over 100% in median returns, Kraken says

Bitcoin briefly slipped below its 200-week moving average twice in the past two weeks, a rare event that Kraken says has historically marked strong entry points for buyers.

Digital screens, business & work. (Joshua Aragon/Pixabay)

Markets

Next bull run will be slower, less volatile as investors' crypto appetite evolves, Bitwise CIO says

Long-time bitcoin bull Matt Hougan told CoinDesk that during this bear market and with ‘doubts swirling’, investors have found ‘it easier to reach for something more tangible:’ stablecoins and tokenization.

Bitwise CIO Matt Hougan. (Bitwise/Press)

Tech

Bitcoin layer-2s face a bear-market reality check

Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?

Bitcoin Logo

Finance

Mexican billionaire with 70% of his investment portfolio in bitcoin says it's better than real estate

Ricardo Salinas Pliego, whose net worth is estimated at roughly $5 billion, is a bitcoin maximalist who told his wife to mortgage her house to buy bitcoin.

Ricardo Salinas Pliego (CoinDesk)

Markets

Bitcoin's June downturn leaves $8.6 billion in options out of the money

Only 20% of June 26 options open interest is currently in the money, while bitcoin's 12% monthly decline leaves most bullish positions underwater.

Open Interest by Strike Price (Deribit)

Finance

Fifth-generation Kanoo group member is moving a $6 trillion trade market onto blockchain rails

Abdulla Kanoo says his ARP Digital firm is building settlement infrastructure for the growing flow of trade between emerging economies, a market that could reach $32 trillion by 2030.

(Kanoo Group)