Celsius-linked Bitcoin miner Ionic Digital seeks Nasdaq direct listing amid AI pivot
The Celsiuslinked Bitcoin miner is seeking a Nasdaq direct listing as it repurposes mining infrastructure for AI and highperformance computing workloads.…
Bitcoin's 52-week correlation with USD/JPY hits -0.90, undercutting 'carry trade' theory
Bitcoin’s price has shown an unusually strong negative 52week correlation with the dollaryen exchange rate. Source:CoinDesk
Live updates: BlackRock's IBIT sheds $300 million as bitcoin demand dwindles
IBIT alone shed $300 million while smaller funds absorbed some of the outflow. The selloff lands as the same AI trade that crashed Korea a week ago now powers…
Ether, solana and dogecoin slide as Strategy's bitcoin sales plan pressures market
Bitcoin held below $60,000 as a surging dollar kept crypto pinned. Onchain demand stayed quiet through the week's losses, and Strategy's plan to possibly sell…
Bitcoin under pressure below $60,000 as Japanese yen hits 40-year low against the U.S. dollar
BTC fell in Asia as the Japanese yen tanked to fourdecade lows, lifting the dollar higher across the board. Source:CoinDesk
Sovereign funds see Bitcoin discount as entry point: MidChains CEO
It sends “a very clear signal” to other institutions that may be sitting on the sidelines and looking at these larger funds as leaders, said MidChains CEO…
Bitcoin faces critical test as bulls aim to hold $60K: Did BTC bottom?
Bitcoin’s loose hold on $60,000 and soft futures markets raise questions about whether BTC has bottomed. Source:Cointelegraph
Bitcoin put-call ratio hits 1-year high: Are bears preparing for drop to $55K?
Rising demand for put options and persistent ETF outflows highlight Bitcoin's weakness despite lower oil prices. Source:Cointelegraph
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path…
Bitcoin balances $60K tightrope as US stocks rebound on fresh Iran peace deal hopes
Bitcoin faced its own battle for support as US stocks headed higher and analysts warned of a lack of "conviction" among BTC buyers. Source:Cointelegraph
Strategy can now sell bitcoin to buy back stock — the opposite of what it’s been doing
Strategy disclosed a program to sell bitcoin “from time to time” to fund its U.S. dollar reserve and share repurchases. Source:MarketWatch
Strategy opens the door to selling bitcoin under new capital plan. Here's what it means
The company can now sell bitcoin to fund the USD reserve, support preferred dividends, and finance up to $2 billion in stock buybacks. Source:CoinDesk