Bitcoin ETFs Drop $450 Million as Clarity Act Fails in Senate
U.S. spot bitcoin exchange-traded funds lost $450.33 million on Tuesday, marking the largest single-session withdrawal since June 25, according to SoSoValue data following the Senate’s…
Bitcoin
Bitcoin Traders Brace for Fed Hike, but a Surprise Hold Could Pose Bigger Risk
Markets are currently assigning a 92.5% probability to a Federal Reserve rate hike on Wednesday, keeping participants focused on whether authorities might introduce any unexpected…
Two Prime Expands Onchain Finance with $10M Backed Bitcoin Yield Vault
Digital asset financial services company Two Prime has introduced a bitcoin BTC$81,269.44 borrowing vault on Pareto, aiming for yearly returns of 1.5% to 2% via…
Bitcoin Faces 2022 Parallels as Federal Reserve Resumes Rate Hikes
The Federal Reserve increased interest rates by 25 basis points on Wednesday, pushing its baseline target band to 3.75% up to 4.00% during its initial…
Bitcoin Price Surges Past $81,000 Despite Clarity Act Defeat and Rate Hike
On Friday, the value of Bitcoin climbed past $81,000, brushing off a week filled with adverse developments for the digital asset sector. The leading cryptocurrency…
The orange tie stays: Michael Saylor answers venture capitalist’s bitcoin obituary
“The deceased feline keeps rebounding,” commented investor Jason Calacanis as the price of bitcoin climbed back to the $80,000 threshold on Friday. “What is Bitcoin,…
Crypto Veteran Warns AI Control Loss Could Spark Banking Crises
Marc van der Chijs, a co-founder of the former bitcoin mining enterprise Hut 8 (HUT), has grown increasingly anxious regarding the technology to which his…
Bitwise CIO Matt Hougan updates Clarity Act perspective, argues crypto bull run can persist without new laws
Bitwise Chief Investment Officer Matt Hougan has revised his outlook, stating that he no longer anticipates the
Crypto Markets Rally Despite Federal Reserve’s First Rate Hike Since 2023
On Thursday, Bitcoin climbed to $76,621, marking an increase of 0.60% from midnight UTC and 0.88% over a 24-hour window, as speculative assets concentrated on…
Optimism returns to crypto markets as traders watch for echoes of 2022
This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Digital currencies experienced a price recovery after the Federal Reserve…