SoftBank Is Buying BTC Again, After $130M Loss in 2018. Is This Time Different?

Categories
news

Japanese investment giant SoftBank is dipping its toes back into crypto by backing a new bitcoin (BTC) investment vehicle, Twenty One Capital, in conjunction with Tether, Bitfinex, and Cantor Fitzgerald. For some, the SoftBank Group—which has $308.7 billion assets under management—taking an interest in bitcoin is a welcome development and another sign of mounting institutional […]

Bitcoin (BTC) Price Breakout Lifts AI, Memecoins, Signals More Gains

Categories
news

Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, […]

‘Dire Picture’ for BTC Miners as Revenue Flatlines Near Record Low

Categories
news

Hashprice, a key metric used to gauge miner revenue, is currently hovering near a five-year low, according to HashRate Index—a stark reminder of how difficult the mining business has become. In simple terms, the metric is the income miners can expect per unit of computing power, denoted by per petahash (PH/s). It can be denominated […]

China Strikes Back With 84% Tariff on U.S. Goods, BTC Dips Below $76,000

Categories
news

In a dramatic escalation of trade tensions, China has announced an 84% tariff on all imports from the United States, effective from April 10, 2025, according to the Ministry of Finance of the People’s Republic of China. The move comes in direct response to the U.S. increasing its own tariffs on Chinese exports from 34% […]

Bitcoin Developer Proposes Big Changes to Future-Proof BTC From Quantum Threats

Categories
news

Bitcoin could be headed for its most sweeping cryptographic overhaul yet if a new proposal gains traction. A draft Bitcoin Improvement Proposal (BIP) titled Quantum-Resistant Address Migration Protocol (QRAMP) has been introduced by developer Agustin Cruz. It outlines a plan to enforce a network-wide migration of BTC from legacy wallets to ones secured by post-quantum […]

BTC, ETH, XRP Set For a Near-Term Bounce as Attention Turns to Rate Cuts

Categories
news

An oversold market and reactions to U.S. tariffs may be a thing of the past with traders now eying new economic data and rate cuts in the coming months — with expectations of a bitcoin bounce in the near term. Crypto markets saw high volatility on Wednesday and Thursday in the run-up to the tariff […]

Why Is the Crypto Market Down Today and How Traders are Playing BTC, XRP, SOL Dip

Categories
news

The kickstart of heavy tariffs under the Trump administration has ushered in a new chapter of uncertainty and opportunity for the crypto market, one that tends to ebb and flow with changes in the global economy. A História Continua abaixo Tariffs, by design, increase the cost of imported goods, often leading to higher inflation, shifts […]

Why Is Bitcoin Price (BTC) Down Today: What Might Be Next

Categories
news

Down more than 5% since President Trump’s tariff announcement on Wednesday evening sent markets plunging, bitcoin (BTC) once again is disappointing bulls who have touted its store-of-value properties or potential as a non-correlated safe haven to risk assets like stocks. Or not. “This moment feels like a turning point,” said Joel Kruger, LMAX Group market […]