Bitcoin News

Bitcoin News

Finance

Moon Pursuit Capital launches $100 million market-neutral crypto fund

The new quantitative vehicle aims to deliver risk-managed returns across crypto market cycles as the firm readies a global expansion push.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

Norway's sovereign wealth fund supports Metaplanet bitcoin plan ahead of EGM vote

Norges Bank, which holds a 0.3% stake in Metaplanet voted in favor of for all five proposals ahead of the Dec. 22 EGM.

Norway flag (Corentin Julliard/Pixabay modified by CoinDesk)

Markets

How China’s strengthening yuan could support bitcoin prices

The yuan has rise to its highest in over two months against the dollar.

USD/CNY's daily chart. (TradingView)

Markets

Bitcoin long term holder supply hits 8 month low, breaking historical cycle patterns

Repeated distribution waves from long-term holders highlight how this bitcoin cycle is breaking from historical norms.

Long Term Holder Supply (Glassnode)

Policy

Bhutan commits up to 10,000 bitcoin to back new mindfulness-based economic hub

The Himalayan kingdom plans to deploy part of its sovereign bitcoin holdings to fund long-term development through Gelephu Mindfulness City.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Markets

Bitcoin trades near key price safety net that Strategy already breached

The safety net is the 100-week average, which has stalled the downtrend.

Magnifying glass

Markets

Bitcoin slides with ether and XRP as market tests $3 trillion floor

BTC's weak tone contrasted with moderate gains in major Asian equity indices, which drew strength mostly from expectations of fiscal stimulus.

Bull and bear (Shutterstock)

Markets

Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde

After an active morning Tuesday, bitcoin flattened out in afternoon trading around the $87,500 area, up 2% over the past 24 hours.

Bulls

Markets

Bitcoin derivatives point to broad price range play between $85,000-$100,000

BTC options flow points to expectations for a broad range play rather than a massive surge or crash.

rollercoaster, loop

Markets

Eric Trump’s American Bitcoin jumps to 20th among public BTC treasury companies

After its latest purchase, the company now holds 5,098 bitcoin worth nearly $450 million

ABTC (TradingView)