Bitcoin News

Bitcoin News

Finance

Peter Thiel-Backed Plasma Raises $20M to Develop Bitcoin-Based Network for Stablecoins

The project, which also claims Tether's Paolo Ardoino as an investor, aims to enhance stablecoin adoption through a Bitcoin sidechain that allows zero-fee USDT transactions.

Plasma (Ramon Salinero/Unsplash)

Markets

U.S. January PPI Rose a Faster Than Expected 0.4%; Annual Pace Jumped to 3.5%

Under pressure this morning ahead of a coming Trump tariff announcement, the price of bitcoin didn't immediately react to the data.

(Getty Images)

Markets

U.S. Bitcoin ETFs See Third Straight Day of Outflows, Totaling $494M, as BTC Stalls

Bitcoin continues to trade in a range that it has set since mid-November.


Markets

Bitcoin HODLer Metaplanet to Join MSCI Japan Index, Raises $26M to Buy More BTC

Metaplanet completes a 0% raise the terms are unsecured, unguaranteed ordinary bonds to purchase more bitcoin.

Mt. Fuji from Tokyo (Sakarin Sawasdinaka/Shutterstock)

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Markets

Bitcoin Miner Riot Adds New Board Member to Push AI Pivot

Riot also announced it has hired investment banks Evercore and Northland Capital Markets to lead discussions with potential AI and HPC partners.

mining rig. (Taylor Vick/Unsplash)

Markets

Bitcoin Turns Higher, Reversing CPI-Related Tumble

The shorts have mostly been in control since the Trump inauguration and perhaps decided to book profits.

Bitcoin saw a small weekend bounce. (Sally Anscombe/Getty Images)

Markets

Goldman Sachs Disclosed Ownership of Bitcoin ETFs. Here's Why It Doesn't Mean Much

The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

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Coindesk News

El Salvador Dispatch: Berlín, the Bitcoin Marvel Hidden in the Mountains

Berlín, a city of 20,000 people, is home to El Salvador’s second Bitcoin circular economy. “Bitcoin City already exists. It’s called Berlín,” said one resident.

Berlín’s Bitcoin Community Center, viewed from the street. (Credit: Tom Carreras)

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Markets

Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K

Both the headline and core rates of inflation rose faster than expected in January.

Two paper carrier bags of fresh fruit and baked products. (Maria Lin Kim/Unsplash)

Markets

Dogecoin Leads Market Slide as Bitcoin Traders Monitor Dollar Positioning

Some traders expect a dollar unwind on any indications of a rate cut — which could bump risk assets and provide an entry for crypto investors looking to bet on higher prices.

Rolls of dollar bills of varying denominations. (NikolayFrolochkin/Pixabay)

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