Bitcoin News

Bitcoin News

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Crypto's Value Lies in Trillion-Dollar Markets, Bitwise Says

The value of crypto comes from the massive markets it aims to disrupt, not small, niche plays, the report said.

Bitwise Chief Investment Officer Matt Hougan (CoinDesk Archives)

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Bitcoin Kicks Off 'Uptober' With Break Above $116K as Crypto Equities Surge Pre-Market

Bitcoin and ether rally on the first day of October alongside record gold prices, boosting pre-market gains for U.S. crypto stocks.

A Wall Street banks's take on crypto. (Midjourney/Modified by CoinDesk)

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Metaplanet Acquires 5,288 BTC, Lifts Total Holdings to 30,823 BTC

Stronger Bitcoin strategy drives revised forecasts of $46M revenue and $32M operating profit, though shares fall sharply.

Metaplanet Share Price (TradingView)

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Traders Eye September Jobs Report for Cues on Bitcoin Breakout Above $120K

The Fed’s most recent rate cut initially provided a modest boost to Bitcoin, but investors say the path forward depends less on past easing than on Powell’s Tuesday speech and upcoming jobs data that is scheduled to be released on Friday.

(CoinDesk)

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Swiss Bank Sygnum Unveils Bitcoin Yield Fund as BTC DeFi Demand Grows

The BTC Alpha Fund aims for 8%-10% annual returns through arbitrage while keeping full Bitcoin exposure.

Swiss flag in alpine landscape, symbolizing Sygnum’s Swiss roots (Janosch Diggelmann/Unsplash)

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Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms

Most altcoins including ETH, SOL, AVAX, UNI posted declines Tuesday but bitcoin was flat after a late rally.

CoinDesk

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Tether Adds $1B in Bitcoin to Reserves as USDT Supply Nears $175B, Blockchain Data Shows

The crypto firm behind the largest stablecoin has been accumulating bitcoin alongside gold over the past few years.

Bitcoin (modified by CoinDesk)

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Bitcoin DeFi Project BOB, LayerZero Enable BTC Transfers Across 11 Major Blockchains

New gateway gives nearly 15,000 decentralized apps access to native BTC liquidity via wBTC.OFT.

Bitcoin Image

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Bitcoin Options Tied to BlackRock’s IBIT Are Now Wall Street’s Favorite

Open interest in IBIT contracts hit nearly $38 billion after Friday’s expiry, versus $32 billion on Deribit, which had dominated the market since 2016.

Massive crypto options expiry looms. (Yashowardhan Singh/Unsplash)

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Leveraged Bitcoin Longs are Back in Force, Trading Firm Says

BTC's perpetual open interest and funding rates are rising again, QCP Capital noted.

(Sternschnuppenreiter/Pixabay)

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