Bitcoin whale that sat through the March 2020 crash moves $378 million
A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions onchain. Source:CoinDesk
Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures
Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s…
Bitcoin miners face widening AI financing costs as lenders scrutinize deals
The Bitcoin mining industry needs roughly $50 billion to complete planned AI infrastructure projects, with IREN, Riot Platforms and HIVE Digital facing major…
Bitcoin drops 2.2% as Ukraine, Iran strikes send oil toward one-month high
Bitcoin price action stayed rangebound after failing to sustain above $84,000 into the Wall Street open on rising oil prices. Source:Cointelegraph
Bitcoin holds $83,000 as dollar strength keeps markets on edge
Bitcoin and gold hold steady as a firm dollar and rising bond yields weigh on sentiment, while IREN secures a multiyear cloud services deal with Anthropic.…
South Korea just got its first traditional bank loans backed by bitcoin
Loans use thirdparty custodians for bitcoin holdings and rely on courtordered sales if borrowers default. Source:CoinDesk
SWI raises $894 million to repurpose former FTX bitcoin miner Genesis Digital to AI
SWI Group said it would use the proceeds from an 800 millioneuro ($894 million) fundraise to transform Genesis Digital Assets, acquired from the FTX…
Altcoins rally on thin trading as bitcoin holds below $83,500
The CoinDesk 80 has risen around 3% in 24 hours, more than double the CoinDesk 5, while spot bitcoin ETFs lost $681 million last week. Source:CoinDesk
South Korean bank launches Bitcoin-backed business loans: Report
Jeonbuk Bank reportedly began offering Bitcoinbacked loans to corporate customers, with a thirdparty custodian holding the cryptocurrency used as collateral.…
Bitcoin shrugs off ETF outflows to trade above $84,000 as oil falls
Bitcoin is holding on to its weekend gains as oil trades lower. ETFs lost over $600 million in outflows last week. Source:CoinDesk
Saylor teases Strategy Bitcoin buying after ending September with STRC buybacks
Investors will have to wait an extra day to find out if and how much Strategy added to its Bitcoin treasury in the first week of October. Source:Cointelegraph
Bitcoin's $19 billion wake-up call: One-year later, has crypto learned anything?
One year after a flash crash wiped out billions in leveraged crypto bets, traders have better tools to spot risks. But the forces behind the selloff remain.…