btc

btc

Markets

Across's acx rockets 80%, massively beating bitcoin, on plans to dump its DAO structure

The bridging protocol's team wants to exchange ACX tokens for equity in a new U.S. C-corp or buy holders out at a 25% premium, in what would be one of the first major reversals from token to traditional corporate structure.

corporate governance, power balance

Markets

Bitcoin jumps past $70,000 as war volatility fades

BTC rebounded from about $65,000 as crude oil retreated and institutional flows helped stabilize the market.

Jet fighters arranged on an aircraft carrier

Markets

Vancouver mayor's bitcoin investment proposal blocked by city, provincial law

Officials say the Vancouver Charter limits city reserves to government debt, bank instruments and other traditional assets.

Vancouver, British Columbia

Markets

Bitcoin tops $72,000 as ETFs pull $155 million, extending two week inflow streak

U.S. spot bitcoin ETFs added another $155 Million on Wednesday, continuing a two week run of institutional inflows even as Glassnode warns underlying demand remains fragile.

Stylized bull-bear faceoff

Finance

To freeze or not to freeze: Satoshi and the $440 billion in bitcoin threatened by quantum computing

As quantum computing inches closer to reality, nearly 7 million bitcoin, including Satoshi Nakamoto’s 1 million coins, are potentially at risk.

Bitcoin bus (Photo: Olivier Acuna/Modified by CoinDesk)

Finance

Bitcoin treasury company Nakamoto to acquire BTC Inc and UTXO in $107 million all-stock deal

Some reacted with concerns about dilution for existing shareholders due to the stock price decline and the related-party nature of the transaction.

Business deal handshake (Radission US/Unsplash/Modified by CoinDesk)

Markets

Bitcoin ETFs barely flinch as BTC slides 40%, Bloomberg’s Eric Balchunas says

Bitcoin is down more than 40% from its October highs, but investors in spot Bitcoin ETFs have pulled 6.6% of assets.

Eric Balchunas

Markets

Bitcoin's 'RSI' screams oversold. Here is what it means

Bitcoin's relative strength index has fallen below 30, signaling oversold conditions as the cryptocurrency trades near a key $73,000 to $75,000 support zone.

AI trading screens. (TheDigitalArtist/Pixabay)

Markets

Ether and majors rise as bitcoin rebounds to $76,000 but the bounce may not last

Flows and on-chain data signaled defensive positioning, as crypto investment products logged $1.7 billion in weekly outflows.

Price bounce (Getty Images)

Markets

Dollar spike challenges bitcoin recovery

A resurgent U.S. dollar index, which has logged its strongest two-day gain in nine months, could arrest potential bitcoin recovery.

Stock trading charts. (sergeitokmakov/Pixabay)