Bitcoin News

Bitcoin News

Markets

Trump-Backed American Bitcoin Plunges 40% on Heavy Volume, Dragging Hut 8 Lower by 12%

The collapse marks yet another disappointing Trump family crypto-related investment.

CoinDesk

Markets

Iren Plans to Sell Up to $2.3 Billion of Convertible Notes, Shares Drop

The company also plans to sell shares to fund the repurchase of existing debt.

CoinDesk

Markets

Bitcoin Surges Back Above $91K as Support Builds in $80K-$85K Area

Helping the mood in crypto were moves by institutional giants Vanguard and Bank of America to open up digital assets to their clients.

Bitcoin (BTC) price on Dec. 2 (CoinDesk)

Markets

Strategy Gains Nearly 20% From Monday Low as Bear Gloating Suggests at Least Temporary Bottom

There comes a point when long-standing detractors become so vocal, their tone shifting from criticism to arrogance, that it often reflects conditions that are consistent with a bottom.

Executive Chairman of Strategy Michael Saylor

Markets

Strategy Trading Explodes to Highest in a Year as Shares Fall on Dollar Reserve, Profit Forecast

Trading volume in Strategy shares surged to 42.9 million, the most since last December, as the price fell 3.25%.

FastNews (CoinDesk)

Finance

New Crypto Hedge Fund With $100M Seed Capital Targets BTC-Linked Institutional Alpha

The new fund is targeted at institutional allocators, including family offices and sovereign investors.

Bitcoin Logo (Midjourney/modified by CoinDesk)

Markets

XRP, Bitcoin on the Edge; Will Santa Abandon Nasdaq?

XRP and BTC trade close to make-or-break levels while Nasdaq's November price action raises pullback risks.

Magnifying glass

Markets

Bitcoin Traders Bet on Sub-$80K New Year: Derive

Market positioning implies a meaningful probability of sub-$80K BTC to start 2026, Derive's Forster said.

FastNews (CoinDesk)

Markets

Attention Bitcoin Bulls: The U.S. 10-Year Yield Isn't Budging Despite Fed Rate Cut Hopes

Crypto bulls' hopes for rate cuts to lower bond yields and the dollar are challenged by signals from the Treasury and the FX market.

Bull, matador (Credit: Paul Kenny McGrath/Unsplash)

Markets

Strategy Establishes $1.44B Cash Reserve, Slashes 2025 Profit, BTC Yield Targets

Led by Executive Chairman Michael Saylor, the company also added to its bitcoin holdings last week, bringing its total stack to 650,000 BTC.

Strategy Executive Chaiman Michael Saylor (Gage Skidmore / CC BY-SA 2.0 / Modified by CoinDesk)