Bitcoin News
Strategy's STRC hits record low as Wall Street races to tokenize everything
On this episode of CoinDesk’s Public Keys at the New York Stock Exchange, host Jennifer Sanasie sits down with Digital Assets Council of Financial Professionals founder Ric Edelman to discuss the disconnect between declining crypto sentiment and Wall Street’s rapid investment in digital asset infrastructure. Their conversation covers the CLARITY Act, the fight over crypto in 401(k) plans, tokenization, and Edelman’s long-term outlook for Bitcoin. In this week’s 10X Trade, Maelstrom CIO Arthur Hayes shares his highest-conviction trade. Strive Chief Risk Officer Jeff Walton examines the future of digital credit following the sharp declines of STRC and SATA, arguing that digital credit could represent the next $300 trillion opportunity for Bitcoin. Also on the show, BlackRock Global Head of Digital Assets Robbie Mitchnick discusses BITA, the iShares Bitcoin Premium Income ETF, while 21Shares Co-Founder Ophelia Snyder explains why today’s financial infrastructure may be fundamentally incompatible with the tokenized future Wall Street is working to build.
Strategy added $35 million in bitcoin, $300 million in cash reserves last week
The boost to cash reserves is meant to reassure investors about dividend payments on the company's hard-hit preferred shares, STRC.
Bitcoin price may be headed to $54,000, says analyst who forecast October's all-time high
Doctor Profit, a widely followed crypto analyst, says bitcoin is forming a “bear flag” pattern.
Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why
A helpful feature of speeding up transactions has become redundant and a "fingerprint" for tracking. Developers now want to do away with it.
How STRC lost its par: The timeline behind Strategy's preferred-stock meltdown
From a bond buyback and dwindling cash reserves to a bitcoin bear market, the sequence of events that turned STRC's par-value challenge into a marketwide debate.
GoMining challenges Jack Dorsey's Square with payments system designed around bitcoin
GoMining unveiled a software development kit and programmable access for its bitcoin payment protocol GoBTC Pay, allowing merchants to accept BTC for everyday purchases.
Digital credit market hit by huge selloff as Strive CEO blames leverage liquidations
Matt Cole says forced selling from leveraged investors pushed STRC and SATA sharply lower before both rebounded.
Bitcoin traders load up on bearish bets all the way down to $52,000
Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.
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.
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.
