Bitcoin News

Bitcoin’s 20% June crash looks even deadlier on the charts. Here’s why
Bitcoin dropped by 20% in June, but the monthly chart reveals something far more concerning.

Strategy heads for 11th losing month in 12 as bitcoin weakness continues
Strategy (MSTR) shares have lost around 41% of their value in June.

Bitcoin's correlation with dollar-yen rate hits -0.90, undercutting 'carry trade' theory
Bitcoin’s price has shown an unusually strong negative 52-week correlation with the dollar-yen exchange rate.

Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to four-decade lows, lifting the dollar higher across the board.

BTC ETFs bled $4B in worst month ever, Strategy's plan forward and an institutional super cycle for ETH?
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by CoinDesk Indices and Data to break down nearly $1.8 billion in weekly Bitcoin ETF outflows, Strategy's new capital plan, and whether the digital asset treasury narrative is back. SharpLink CEO Joseph Chalom joins to unpack the Ethereum Foundation's funding crisis, the launch of ETHlabs, and the company's $75 million raise, as he makes the case for an institutional supercycle in ETH. In this week's 10X, Kaizen founder Brian Jung breaks down his MicroStrategy short. Moody's Ratings Managing Director and Global Head of Digital Economy Fabian Astic explains how the firm is embedding credit ratings into tokenized securities on Solana and unveils the first-ever credit rating methodology for stablecoins. Plus, Midnight Foundation President Fahmi Syed details the partnership with Bank of England-regulated Monument Bank and why privacy is becoming the missing piece for institutional adoption.

Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path toward lower borrowing costs.

Strategy opens door to selling billions of bitcoin under new capital plan. Here's what it means
The company can now sell bitcoin to fund the USD reserve, support preferred dividends, and finance up to $2 billion in stock buybacks.

Saylor's Strategy initiates buybacks and bitcoin monetization program, lifts STRC dividend
Strategy adopted a new capital management framework, authorizing up to $2 billion in buybacks while creating a program that allows future bitcoin sales to support liquidity.

Bitcoin falls into a technical no man’s land as major support levels sit miles away
Bitcoin is trading below key technical and onchain valuation levels, with historical bear market patterns suggesting a potential bottom closer to $45,000.

$4 billion gone. Spot bitcoin ETFs are on track for their worst month on record
Investors have pulled out $4 billion from the U.S.-listed spot bitcoin ETFs in June, the highest outflow on record.
