Bitcoin News

Bitcoin News

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Strategy Plans $2.1B Sale of Its Perpetual Strife Preferred Stock

Proceeds to support corporate initiatives including bitcoin acquisitions and working capital.

Strategy Executive Chairman Michael Saylor standing. (Nikhilesh De/CoinDesk))

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Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

The move comes as the long/short ratio is at its lowest point since September 2022.

Bitcoin long/short ratio (Coinalyze)

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Crypto Trader Opens $1.1B Long Bitcoin Bet on Hyperliquid Using 40X Leverage

The trade marks a new phase of capital migration from centralized finance to DeFi — one where whales, not just retail, are willing to place big bets outside the traditional system.

Dollars. (Unsplash, modified by CoinDesk)

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King Dollar Falls, Bitcoin Marches Toward Sound Money Highs

Despite soaring 50% from April lows and outperforming tech and bonds, bitcoin has yet to reclaim its all-time highs against traditional safe havens like gold and silver.

Statue of a bull (ianproc64/Pixabay)

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Bitcoin Pizza Day Is Now a $1.1B Celebration

An order for two pizzas was paid with 10,000 BTC fifteen years ago. Today, that same order is worth over $1.1 billion — just as BTC just hit fresh record highs.

The actual pizzas (Credit: Laszlo Hanyecz)

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Bitcoin Options Open Interest Hit Record $42.5B on Deribit as Traders Eye Next Bull Target for BTC

Highest OI now sits at the $110K, $120K, and $300K June 27 strikes — showing bullish conviction

Traders looking at a chart. (CoinDesk archives)

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Bitcoin's Rally to Record Highs Puts Focus on $115K Where an 'Invisible Hand' May Slow Bull Run

As BTC looks north, an invisible hand may work to slow the ascent above $115K

Invisible hands likely accelerated BTC's recent crash. (Christina Langford-Miller/Unsplash)

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Bitcoin Smashes Past $111K, Setting New Record Highs, on Institutional Fervor

Large institutions — not just retail hype — are driving this cycle’s rally, traders say, as bitcoin pushes deeper into price discovery.

Smashed brick (CoinDesk Archives)

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Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets

An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.

A do not wall crosswalk. (Kai Pilger/Unsplash)

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Bitcoin Overtakes Amazon as the Fifth Largest Asset, Hitting $2.16T Market Cap

Bitcoin rose to a new high of $109,400 on Wednesday before consolidating marginally lower.

amazon