Why Sandisk and Western Digital crashed 10% and what it means for bitcoin
Strong earnings from SanDisk and Western Digital were not enough to satisfy investors, raising questions about whether capital is beginning to rotate from AI…
Bitcoin, ether benefit as traders seek safety of largest tokens
The two largest cryptocurrencies are the only CoinDesk 20 members in positive territory as altcoins fall out of favor. Source:CoinDesk
Bitcoin-backed loan refinances PowerCompute’s $18M debt at 2%
Nasdaqlisted PowerCompute refinanced $18 million of debt through a Bitcoinbacked facility carrying an initial interest rate of about 2%. Source:Cointelegraph
Live updates: Bitcoin nears $65,000 as oil, inflation hopes keep macro bid alive
Trump’s comments on jobs, inflation and a possible Strait of Hormuz deal have helped risk sentiment, but bitcoin’s next move depends on whether lower oil…
Bitcoin developers flag 85 critical bugs in an "extremely bad" situation
A volunteer group running AI models against bitcoin codebases says it is averaging roughly one critical bug per hour per person, at about $10,000 a day in…
Bitcoin ETFs pull in $244M, 3-day inflow streak tops $626M
USlisted Bitcoin ETFs attracted $244.4 million on Wednesday, marking three consecutive inflow days for a combined $626 million. Source:Cointelegraph
S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why
The S&P 500 just added roughly the entire crypto market's value this month. Bitcoin has barely moved, and the reasons go beyond the obvious. Source:CoinDesk
Bitcoin steadies above $64,000 as traders watch $100 billion SpaceX unlock
Korea's Kospi fell 4.4% as the AI trade wobbled, and $101 billion of SpaceX stock becomes tradable Thursday. Source:CoinDesk
Bitcoin Red Team reports 5K findings in sweeping security audit
“There’s a lot of chaos right now in the ecosystem. We absolutely understand that many people are being bombarded with security issues right now,” said Bitcoin…
Coldcard exploit could boost demand for regulated bitcoin exposure, analysts say
Cantor sees positive readthrough for crypto custody providers, while FRNT says the breach could drive some investors toward bitcoin ETFs. Source:CoinDesk
Crypto Long & Short: Putting the bitcoin sizing question to the test
In a followup to his essay on sizing crypto risk, Lionsoul Global's Gregory Mall backtests bitcoin in a 60/40 across bull, bear and sideways regimes, showing…
Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000. Source:Cointelegraph