Bitcoin News

Bitcoin News

Markets

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 (BTC) price (CoinDesk)

Markets

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.

Bear overlooking woodland (Pixabay)

Markets

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.

CoinDesk

Markets

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.

CoinDesk

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Markets

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.

cash pile (Unsplash)

Finance

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.

Trading screen with price monitors and charts (Yashowardhan Singh/Unsplash)

Markets

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.

Norway flag (Corentin Julliard/Pixabay modified by CoinDesk)

Markets

How China’s strengthening yuan could support bitcoin prices

The yuan has rise to its highest in over two months against the dollar.

USD/CNY's daily chart. (TradingView)

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Markets

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.

Long Term Holder Supply (Glassnode)

Policy

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.

Bitcoin Logo (Midjourney/modified by CoinDesk)

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