Bitcoin has a new line in the sand. Thursday’s core PCE could stress test it.
That level is $59,000, which has emerged as strong support, capping downside moves in recent days.
Crypto
Bitcoin back above $60,000, ETH, SOL recoup losses as AI stocks stage rebound
Crypto sold off hard this week, with bitcoin breaking below $60,000 even as the technology stocks that had dra…
Upheaval at the Ethereum Foundation has some of crypto’s biggest names feeling bullish
Welcome to The Protocol, CoinDesk’s tech newsletter covering the most important stories in blockchain. I’m Mar…
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Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
Kalshi is seeking to raise fresh capital at a valuation of about $40 billion, nearly doubling the $22 billion …
Bitcoin falls back under $60,000, hitting its lowest level since October 2024
Bitcoin dropped on Wednesday to its lowest level since October 2024 amid a pullback in tech stocks, as the cry…
Bitcoin falls to $60,000 as AI trade continues to draw investor interest and capital
Also continuing to lose ground on Wednesday were gold and oil, each falling below key levels — gold $4,000 per…
Crypto Long & Short: Infrastructure is the prevailing currency in digital assets
You're reading Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the profes…
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Trump's refusal to sign housing bill could delay Congress and imperil Clarity Act
U.S. President Donald Trump has refused to sign a law that includes a four-year ban on central bank digital cu…
Ex-FCA policy insider explains the ‘great divide’ in the UK’s crypto ambition
Isadora Arredondo has a unique outlook on crypto regulation in the United Kingdom. Before joining Hedera as vi…
Bitcoin just broke below the floor of its famous Rainbow Chart into the ‘BTC is dead’ zone
Bitcoin has fallen below the lowest band of the popular Bitcoin Rainbow Chart for the second time in its histo…
The banking lobby is wrong about stablecoins and community banks
Congress is debating whether stablecoins will hollow out community banking. The banking lobby says yes. The da…
Gold, silver and bitcoin tumble as debasement trade unwinds
Gold and silver have both retreated sharply from their January 2025 highs, falling below key psychological mil…
Bitcoin could fall to $55,000 before finding a bottom, 10x Research says
Thielen's call centers on the recent strength of the U.S. dollar, which historically acts as a headwind for bi…
This forgotten coin could surprise everyone before its next halving
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.
Bitcoin clings to $62,500 as bears tighten grip on crypto market
Derivatives positioning is broadly bearish: Even though SOL futures open interest hit a lifetime high, funding…
YZi Labs ends proxy war with BNB treasury company CEA Industries
BNB treasury company CEA Industries (BNC) is undergoing a boardroom shakeup following a cooperation agreement …
Cboe revives S&P 500 binary options, chasing a market popularized by Polymarket, Kalshi
Cboe, one of the largest U.S. derivatives exchanges, said it is entering the prediction-market arena and is re…
The Runes revival: Bitcoin traffic hits a two-year high as transactions blast past 820,000
Bitcoin's onchain activity is surging despite the asset remaining deep in a bear market.
CryptoQuant says Michael Saylor's Strategy should halt its bitcoin buying
The strain showing up in the company's STRC preferred stock is a sign the firm has overextended itself, it add…
Trump lands in Senate's crosshairs over $500 million UAE investment in his crypto venture
Senate Democrats called for immediate hearings into UAE officials' huge investments in President Donald Trump'…
Bitcoin’s ‘OG’ investors have slowed selling in a bullish sign for the market
These "OGs", the legendary investors who have held their coins for at least five years, have hit a significant…
Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Bitcoin's (BTC) price chart is flashing a bearish signal amid risk-off cues from currency markets.
Bitcoin drops toward $62,000 as the chip selloff deepens for a second day
Bitcoin fell toward $62,000 on Wednesday as a second day of heavy selling in technology stocks kept pressure o…
Crypto PAC's $5.5 million Congress pick gets Maryland win, more crypto allies advance
The leading crypto political action committee, Fairshake, often backs its favored hopefuls for the U.S. House …