Bitcoin Faces Barrage Of Profit-Taking, But Price Holds At $105,000
On-chain data shows the Bitcoin network has witnessed a spike in profit-taking activity from investors, but so far, the price has managed to hold. Bitcoin Saw Multiple Profit-Taking Spikes Of $500 Million Per Hour Recently According to data from the on-chain analytics firm Glassnode, the Realized Profit indicator has...
Read More
Asia Morning Briefing: Vitalik’s Plan Can Bring ETH to $3,000 and Crypto ‘More Popular’ Than Stocks in Korea
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Macro Events and Vitalik’s Bold...
Read More
Bitcoin, Ethereum, Dogecoin Slide On Weaker-Than-Expected Job Growth: Analyst Predicts ‘Massive Breakout’ Incoming For Markets—Here’s Why
Leading cryptocurrencies slipped Tuesday after weak private-sector job growth dampened investor sentiment. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m. ET) Bitcoin (CRYPTO: BTC) -0.68% $105,032.58 Ethereum (CRYPTO: ETH) -0.27% $2,610.06 Dogecoin (CRYPTO: DOGE) -2.64% $0.1882 What Happened: Bitcoin dipped to an intraday low of $104,232.70 in early trading...
Read More
Bitwise CIO: Rethinking Bitcoin Allocation Could Optimize Portfolio Risk and Return
Bitcoin’s volatility is often the reason traditional investors hesitate to integrate it into long-term portfolio strategies. Yet Matt Hougan, Chief Investment Officer at Bitwise Asset Management, argues that Bitcoin’s inclusion doesn’t have to mean embracing higher risk. Instead, Hougan suggests a shift in how the asset is positioned within...
Read More
Bitcoin Needs Its Own Bretton Woods, Says Cardano Founder
Cardano founder Charles Hoskinson has issued a full-throated call for a “crypto-native Bretton Woods,” arguing that Bitcoin should anchor an algorithmic stable-value system completely outside the orbit of commercial banks and custodians. Speaking during a panel on BTC-focused decentralized finance, Hoskinson traced the asset’s raison d’être back to the...
Read More
Elon Musk, Who Called Trump’s ‘One Big Beautiful Bill’ A ‘Disgusting Abomination,’ Responds To Coinbase CEO’s Warning That Bitcoin Could Replace Dollar If Congress Isn’t Held Accountable
Tesla and SpaceX CEO Elon Musk signaled agreement with Coinbase CEO Brian Armstrong‘s warning Wednesday that government overspending could lead to Bitcoin (CRYPTO: BTC) replacing the dollar as the reserve currency. What happened: Armstrong was responding to a post by World of Statistics that highlighted the alarming rise of...
Read More
Stablecoin giant Circle again boosts IPO to $1.05 billion
USDC issuer Circle has again upsized its initial public offering above the marketed range, selling 34 million shares at $31 each....
Read More
Dogecoin Price Crash To Continue? Analyst Shows Fair And Optimistic EOY Targets
The Dogecoin price is facing significant bearish pressure, declining by over 12% this past week, as it struggles to find strong support. The recent market turbulence has left analysts questioning whether this downtrend will continue. Notably, a crypto market expert has weighed in on both fair and optimistic End-of-the-Year...
Read More
Bitcoin On-Chain Demand Slips 2.45% As Retail Investors Stay Cautious – Details
Bitcoin continues to trade above the critical $100,000 level, showing resilience despite facing resistance near $110,000. Bulls remain in control of the broader trend, but momentum appears to be slowing as macroeconomic tensions intensify. Ongoing global uncertainties, including tariff disputes and bond market volatility, have introduced a new wave...
Read More
ETF Approval Sparks Institutional Mining Rush, PAIRMiner Scales Up
LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) — More offline retail inverter community can now participate in the mining economy without the hassle of hardware or technical knowledge using PAIRMiner, a UK-regulated cloud mining platform, as Bitcoin experiences a surge driven by growing institutional adoption and recent approval of...
Read More