Bitcoin News

Bitcoin News

Markets

Bitcoin Falls Below $111K, Crypto Stocks Plunge as GDP Revision Dampens Rate Cut Odds

The U.S. economy grew 3.8% in the second quarter, much higher than previously reported, sending yields higher and risk assets lower.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

U.S. Treasury Action to Blame for Bitcoin’s Break From Global M2, Raoul Pal Says

The sharper impact on bitcoin may be tied to significant selling from long-held coins, contributing to the deviation from the global M2 trend.

Raoul Pal speaks at CoinDesk Consensus (CoinDesk)

Markets

Ether Falls to $4K, BTC, XRP Slide as U.S. Government Shutdown Risks Mount

The White House is preparing for potential job cuts, as Congress must pass a funding measure to prevent the government from running out of money by the end of September.

closed sign (CoinDesk Archives)

Finance

Crypto Millionaires Surge 40%, Led by Bitcoin's Rise, as Market Hits $3.3 Trillion

The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows.

Scattered pile of $1 bills (Gerd Altmann/Pixabay, modified by CoinDesk)

Markets

Bitcoin Edges Higher as Gold Bull Takes a Breather

Despite holding similar properties, gold and bitcoin have been moving in opposite directions of late.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

Markets

Bitcoin Miners Surge on Speculation of OpenAI-Driven Energy Demand

Publicly traded miners are riding the AI infrastructure boom as investors bet excess capacity can fuel high-performance computing.

CoinDesk

Markets

Bitcoin Stalls Around $112K as Whales Lead Wave of Selling

Cohort selling and long-term holder distribution add to ongoing pressure.

BTC: Supply Last Active 1year+ (glassnode)

Markets

Bitcoin 'Buy The Dip' Calls Surge, But Liquidity Trends Point to $107K as Potential Magnet

Liquidity trends and buy-the-dip mentions point to potential for a deeper sell-off.

Bottled water. (congerdesign/Pixabay)

Finance

OranjeBTC to Become Brazil’s Largest Publicly-Traded Bitcoin Treasury Firm With B3 Listing

OranjeBTC, which holds 3,650 BTC, also plans to launch a financial education platform focused on bitcoin and crypto, in addition to its public listing.

Bitcoin News