Bitcoin News

Bitcoin News

Markets

Bitcoin’s Slump Sees Crypto Bulls Staring at $440M in Liquidations

Prices could be headed to as low as $55,000 in the coming weeks, one trader said, but the long-term bullish outlook remains intact.

Bitcoin slides back into familiar range (Shutterstock)

Markets

Bitcoin No Longer Trading at a Premium on Coinbase, Data Show

CryptoQuant's "Coinbase premium" indicator has flipped negative, signaling a weaker net buying pressure from U.S. investors.

Bitcoin: Coinbase premium index (SMA 7). (CryptoQuant)

Policy

Grab’s Singapore Users Can Now Use Crypto to Make Payments

Grab's latest move has been made possible after its tie-up with Triple-A, a firm that enables businesses to pay and get paid in digital currencies, the report added.

Night view of Singapore from the habor. (Larry Teo/Unsplash)

Tech

Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network

“We've figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message.

(Markus Winkler/Unsplash)

Markets

Bitcoin Flash Crashed to $8.9K on BitMEX

Large sell orders worth $55.49 million drove bitcoin’s price down to $8,900 on BitMEX. The overnight crash was short-lived.

(TradingView)

Opinion

Is Toxic Bitcoin Maximalism Getting Less Toxic?

As BTC gets Wall Street approval and developers build new applications on the network, bitcoiners are ditching some of their previous siege mentality.

(Nikoli Afina/Unsplash)

Markets

Bitcoin Correction May Continue if ETF Inflows Disappoint in Next Few Days: 10x Research

Bitcoin ETF inflows on Monday and Tuesday will be the "real test" for what's next for the largest crypto asset's price, Markus Thielen wrote.

Graph superimposed over a markets monitor

Consensus Magazine

Where Is Nayib Bukele Actually Storing El Salvador's Bitcoin?

Last week, the sats stacking president of the "Land of Many Volcanoes" announced he was moving thousands of the country's BTC into a bitcoin "piggy bank."

San Salvador, El Salvador (Oswaldo Martinez/Unsplash, modified by CoinDesk)

Markets

Binance CEO Richard Teng Sees Bitcoin Crossing $80K by Year End

Richard Teng replaced Binance founder Changpeng Zhao (CZ) as the new CEO of the crypto exchange in November 2023 after the latter resigned as part of a $4.3 billion settlement with U.S. authorities.

Binance CEO Richard Teng in an interview at the Financial Times'  Crypto and Digital Assets Summit in London. (CoinDesk/Lyllah Ledesma)

Markets

Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K

The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.

Standard Chartered logo on the side of a building.