Bitcoin News

Bitcoin News

Markets

Bitcoin Quickly Plunges Below $103K, With Volatility Burst Spurring $450M in Crypto Liquidations

The sharp reversal from above $106,000 wiped out early optimism, with bulls and bears mostly continuing in a stalemate.

Bitcoin price on June 20 (CoinDesk)

Markets

Peter Schiff Says He 'Gets Bitcoin' but Not USD-Pegged Stablecoins, Floats Gold-Backed Token Plan

The vocal crypto and bitcoin critic advocated for gold-backed stablecoins instead of U.S. dollar-pegged ones, and he plans to launch one himself.

A gold bar (Scottsdale mint/Unsplash)

Markets

KindlyMD Raises Another $51.5M for Bitcoin Treasury Strategy

The latest round brings the company's total capital raised to $763 million ahead of its merger with bitcoin-focused Nakamoto Holdings.

A statue of Satoshi Nakamoto, a presumed pseudonym used by the inventor of Bitcoin, is displayed in Graphisoft Park on September 22, 2021 in Budapest, Hungary. The statue's creators, Reka Gergely and Tamas Gilly, used anonymized facial features, as Nakamoto's true identify remains unconfirmed. (Photo by Janos Kummer/Getty Images)

Markets

Bitcoin Steady Above $104K as Traders Eye Historically Bullish Second Half

“BTC continues to consolidate bullishly, and a move through recent highs could set up a run toward $145,000,” one trader opined.

Bull (Dylan Leagh/Unsplash, modified by CoinDesk)

Finance

Crypto Exchange Kraken Adds Bitcoin Staking Via Babylon as BTC Driven DeFi Picks Up

Kraken users will now be able to stake their bitcoin directly, locking it in a custodial vault on the native chain.

Kraken on phone (PiggyBank/ Unsplash)

Markets

Return of Zero Interest Rate Policy as Swiss Central Bank Cuts Rates

The return to zero comes as tariffs threaten to deflate nations with trade surplus, such as Switzerland and China.

Swiss National Bank

Markets

Ether, Solana, and Other Majors Could Slide Further as Trump Threatens Iran Strikes

Tensions in the Middle East are fueling a flight to safety, with traders rotating out of altcoins into stablecoins and bitcoin amid uncertainty around U.S. military escalation and sticky inflation.

Slide. (GuentherDillingen/Pixabay)

Markets

Who's Selling Bitcoin Above $100K and Holding Back the Price Rally?

It's been a record 42 straight days of back-and-forth trading above the $100K mark.

DXY tops $100 (AhmadArdity/Pixabay)

Markets

Fed Leaves Rates Steady, Expects Weaker Growth, Sticky Inflation

Bitcoin price was little changed and traded just above $104,000 as policymakers expect stickier inflation and slower growth.

U.S. Federal Reserve Chairman Jerome Powell (Chip Somodevilla/Getty Images)

Finance

Bitcoin DeFi Project Elastos Debuts BTC-Backed Stablecoin BTCD

BTCD developer Elastos' aim is to create a digital version of the Bretton Woods system, with BTC at its core rather than gold.

(engin akyurt/Unsplash)