Bitcoin News

There's a huge $14 billion bitcoin options expiry this Friday and it points to $75,000 as price magnet
Bitcoin options worth billions of dollars will expire on Deribit this Friday at 8:00 UTC.

Bitcoin steadies above $71,000 as oil falls below $100 after U.S. drafts 15‑point Iran peace plan
Brent crude fell 4.7% and Asian equities rallied 1.9% as Washington delivered a ceasefire proposal to Tehran via Pakistan, fueling the most sustained optimism since the conflict began a month ago.

Bitcoin jolted modestly higher on Iran ceasefire report; oil tumbles 4%
An Israeli TV report said a one-month ceasefire could be announced soon.

Bitcoin slips below $70,000, Circle's 16% slide leads crypto stock sell-off
Market participants are now pricing in rate hikes, and it could be weighing on risk assets.

Bitcoin may have already bottomed out near $60,000. Here’s why.
Implied volatility indicators DVOL and BVIV suggest peak fear has passed, with crypto leading traditional markets in pricing risk.

Wall Street broker Bernstein calls bitcoin bottom, keeps $150,000 year-end target
The broker sees bitcoin rebounding from its recent lows, supported by ETF flows and expanding corporate treasury demand.

Bitcoin finds stability at 2023 investor cost basis, echoing past cycle
Onchain cost basis data suggests $60,000 is a critical support, with deeper historical support near $54,000.

Here’s how Treasuries could shape Trump’s Iran war and bitcoin moves
Treasury yields and swap spreads could eventually pressure the Trump administration to moderate the conflict, analysts argue.

Bitcoin holds above $70,000, but future direction hinges on Iran-U.S. 'talks'
Cryptos bounced on Trump’s five-day pause announcement, but the next move hinges on whether tensions between the U.S. and Iran ease or spiral, a Wintermute trader said.

Why bitcoin miners are losing $19,000 per coin
Bitcoin's average production costs hit $88,000 but the price of BTC has dipped under $69,000. This means that the average miner is losing a staggering $19,000 on every block. The energy crisis stemming from the conflict in the Middle East is forcing miners to sell their Bitcoin just to keep the lights on. Plus, retail capital rotates out of crypto in Korea and Hyperliquid sees a shift in trading behavior. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.

