Bitcoin News

Bitcoin News

Markets

Asia Morning Briefing: Bitcoin Slips Into Low-Liquidity 'Air Gap' as Post-ATH Drift Continues

Glassnode data shows BTC caught in a fragile holding pattern after slipping below key support. Market makers say conviction remains weak, with majors struggling to lead.

(Traxer/Unsplash)

Markets

Bitcoin Asset Manager Parataxis to Go Public in $400M SPAC Deal Backed by SilverBox

The newly public firm will pursue bitcoin-focused treasury strategies in the U.S. and South Korea.

16:9 Healthcare, biotech, laboratory (Darko Stojanovic/Pixabay, modified by CoinDesk)

Tech

Babylon Introduces Trustless Bitcoin Vaults for BTC Staking Protocol

The trustless bitcoin vaults harness BitVM3, the latest evolution of BitVM, a framework for enabling smart contracts on the Bitcoin blockchain.

David Tse, co-founder of Babylon (Bradley Keoun, modified by CoinDesk)

Finance

Bakkt Expands Global Bitcoin Play With 30% Stake in Japan’s Marusho Hotta

Bakkt is acquiring a 30% stake in Japanese firm Marusho Hotta and is expanding into Asian crypto markets.

Bitlayer Debuts the BitVM bride on the mainnet. (TheDigitalArtist/Pixabay)

Markets

Cardano’s Midnight Begins NIGHT Airdrop Across Eight Chains in Privacy-Powered Rollout

Dubbed the “Glacier Drop,” the airdrop is live as of Wednesday and available to wallets that held at least $100 in native tokens on Bitcoin, Ethereum, Solana, BNB Chain, Cardano, Avalanche, XRP Ledger, or Brave as of a June 11 snapshot.

Nighttime Sky

Markets

Bitcoin Realized Prices Climb as Investors Continue Accumulating

All key cost basis models are trending higher, reinforcing strong on-chain support and investor confidence.

CoinDesk

Markets

SBI Files for Bitcoin–XRP ETF in Japan, Pushing Dual Crypto Exposure Into Regulated Markets

The ‘Crypto-Assets ETF’ is structured to track the performance of both assets simultaneously, providing a single-entry point for investors seeking crypto exposure.

Tokyo, Japan (Jaison Lin/Unsplash)

Markets

Leveraged Bearish Strategy ETF Surges 19%, Signals Dour Outlook for MSTR and Bitcoin

The ETF, which bets against MSTR, has seen a net inflow of $16.3 million in the past six months, while its bullish counterpart has experienced significant outflows.

A brown bear sits on the ground (LTapsaH/Pixabay)

Markets

Bitcoin ETFs Bleed Millions for 4th Straight Day as U.S. Stagflation Fears Weigh on BTC and Stocks

Investors withdrew $196 million from U.S.-listed bitcoin ETFs on Tuesday, while pouring money into ether ETFs.

Blood on U.S. Dollar. (CoinDesk Archives)

Markets

Does the Fed Need to Cut Now? Bitcoin Crumbles Back Below $113K After ISM Services PMI

A stalwart in showing strong economic activity, the ISM Services PMI has moved notably slower over the past three months.

(Getty Images)