Bitcoin News

Bitcoin News

Markets

More than half of bitcoin investors are officially underwater as the $88,000 price level fails to hold

Most invested bitcoin supply sits above current prices, increasing price vulnerability if key support levels fail.

Invested Wealth (Checkonchain)

Markets

Weaker dollar fails to spur bitcoin gains, but there's a reason for that

Gold and other hard assets are rallying on dollar weakness, but bitcoin is lagging as markets continue to treat it as a liquidity-sensitive risk asset.

A bear

Markets

First gold and silver, now oil is starting to rally and that's bad news for bitcoin

Higher oil prices could add to inflation, making it harder for the Fed to cut rates rapidly.

(Shutterstock)

Markets

Bitcoin remains subdued as gold races to new record above $5,400 following Jerome Powell remarks

Gold fans rushed in to buy as the Fed chair said he took no macro signal from the raging bull market in precious metals.

Jerome Powell speaking at podium

Markets

Tesla made no changes to bitcoin holdings in Q4 as it booked $239 million digital asset loss

The company's bitcoin stack remained at 11,509 coins, worth about $1 billion at BTC's current price near $89,000.

Elon Musk (jurvetson /CC BY 2.0./Modified by CoinDesk)

Markets

Federal Reserve holds policy steady as early rate cut bets vanish and bitcoin stalls

The January Fed rate decision capped a sharp reversal in easing expectations, likely among the reasons for crypto's poor price performance.

Federal Reserve logo highlighted on a U.S. banknote (joshua-hoehne/Unsplash/Modified by CoinDesk)

Markets

Bitcoin treasury firm Strive raises $225 million to pay off loans, buy more bitcoin

The offering of SATA shares was oversubscribed and upsized from the initial $150 million target.

Strive CEO Matt Cole speaks at BTC Asia in Hong Kong (screenshot)

Tech

Peter Thiel and Galaxy-backed Citrea wants to turn idle bitcoin into a high-speed bank account

Founders Fund and Galaxy-backed Citrea is aiming to unlock Bitcoin-denominated credit markets with a new mainnet and a Treasury-backed stablecoin designed for USD settlement.

A photo of Citrea's four co-creators (Citrea)

Markets

Bullish bitcoin traders grab crash protection as Friday's $8.9 billion expiry nears

Bitcoin and ether options worth billions of dollars are set to expire this Friday.

CoinDesk

Markets

Long-term bitcoin holders resume selling as price lags behind traditional markets

Long-term bitcoin holders are selling at the fastest pace since August as the cryptocurrency's price lags behind broader financial markets.

BTC: Long-Term Holder Net Position Change (Glassnode)