Here is something worth noting about bitcoin BTC$77,222.35. Beneath all the noise from daily price swings, X posts and macro headlines, there is a remarkably simple indicator that has quietly called every major market bottom since 2015. Not once, but every single time. To the dismay of bulls, it hasn’t fired yet, suggesting the broader…
Bitcoin BTC$77,133.96 is testing $76,000 for a third day, trading at $75,440 as bullish traders continue to chip away at $450 million of sell orders between $75,900 and $76,300, CoinGlass data shows. The orders will be placed by traders who are either attempting to short the range-high in expectation of a reversion to around $68,000,…
Crypto exchange Kraken’s parent company has agreed to acquire digital asset derivatives platform Bitnomial for up to $550 million, in a cash-and-stock transaction that values the firm at $20 billion, Payward said in a press release exclusively shared with CoinDesk. Bitnomial, founded over a decade ago, is the first crypto-native platform to secure all three…
Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman Michael Saylor. Instead, he said, “[the] proposed changes are intended…
The price of bitcoin BTC$77,487.73 has again pushed above $76,000 alongside about a 10% plunge in the price of crude oil on an apparent reopening of the Strait of Hormuz. “The passage for all commercial vessels through Strait of Hormuz is declared completely open for the remaining period of ceasefire,” said Iranian Foreign Minister Seyed…
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2125.52, up 0.3% (+7.28) since 4 p.m. ET on Thursday. Nine of 20 assets are trading higher. Leaders: XLM (+1.5%) and HBAR (+1.4%). Laggards: NEAR (-2.3%) and DOT (-1.6%)….
World, the Sam Altman-backed digital identity project, has unveiled on Friday what it calls its most significant upgrade yet to World ID, positioning the system as “full-stack proof of human” infrastructure aimed at consumers, enterprises and AI agents. The overhaul, announced at an event in San Francisco, comes as concerns mount across the tech industry…
Crypto-linked stocks surged Friday, led by a sharp rally in beaten-down digital asset treasury firms, as progress toward ending the Iran war jolted risk assets, sending bitcoin BTC$78,210.22 to a two-month high of $78,000. U.S. President Donald Trump said in a Truth Social post that Iran committed to keeping open the Strait of Hormuz, a…
Have you had “deploy a stablecoin” and “build an AI agent” on your business to-do list since the beginning of the year? You know these technologies will create business efficiencies, but finding the time to really get a grasp, a hands-on grasp, of these solutions has proved hard to find. You might even feel like…
Bitcoin BTC$77,246.08 has decisively broken above $77,000 for the first time since its sharp selloff on Feb. 5, when it dropped to a low near $60,000. The breakout also carries positive implications for Strategy (MSTR), the largest publicly traded holder of bitcoin. The company is now back in profit on its bitcoin holdings, with an…
