Bitcoin News

Bitcoin tumbles back below $88,000 as gains evaporate as quickly as they formed
It was a blink and you missed it rally as continued deflation in the AI trade sent the Nasdaq sharply lower, dragging crypto along with it.

Bitcoin shorts scramble for the exits as BTC climbs
Bitcoin surged from an intraday low near $86,200 to reclaim $90,000, driven by aggressive spot buying and a wave of short liquidations.

Bitcoin re-takes $90,000 as price spikes early in U.S. session
Surging metals prices and dovish comments from leading Fed chair contender Chris Waller were among the news items possibly boosting crypto prices.

Hut 8 stock surges 20% on Fluidstack AI data center deal
The bitcoin miner deepened its pivot into AI infrastructure with a $7 billion long term lease backed by Google.

Don't call it QE — the Fed's $40 billion bill buys may not shake crypto out of slump
There's a major difference between ensuring liquidity in short-term rate markets and the quantitative easing that juiced risk assets after during Covid and after 2008 financial panic.

Moon Pursuit Capital launches $100 million market-neutral crypto fund
The new quantitative vehicle aims to deliver risk-managed returns across crypto market cycles as the firm readies a global expansion push.

Norway's sovereign wealth fund supports Metaplanet bitcoin plan ahead of EGM vote
Norges Bank, which holds a 0.3% stake in Metaplanet voted in favor of for all five proposals ahead of the Dec. 22 EGM.

How China’s strengthening yuan could support bitcoin prices
The yuan has rise to its highest in over two months against the dollar.

Bitcoin long term holder supply hits 8 month low, breaking historical cycle patterns
Repeated distribution waves from long-term holders highlight how this bitcoin cycle is breaking from historical norms.

Bhutan commits up to 10,000 bitcoin to back new mindfulness-based economic hub
The Himalayan kingdom plans to deploy part of its sovereign bitcoin holdings to fund long-term development through Gelephu Mindfulness City.
