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Record $1.26B Outflow Hits BlackRock Bitcoin ETF as Bearish Options Cost Soars

Record $1.26B Outflow Hits BlackRock Bitcoin ETF as Bearish Options Cost Soars

BlackRock's spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to he

Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

Bitcoin BTC$91,367.28 slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate. After a

Strategy Plunges to Weakest in 13 Months, but Still Trades at Premium to Bitcoin Holdings

Strategy Plunges to Weakest in 13 Months, but Still Trades at Premium to Bitcoin Holdings

Another difficult day in markets has bitcoin BTC$97,394.77 lower by nearly 3% to $98,600, helping to drag down the largest corporate holder of BTC, Strateg

RWA Specialist Centrifuge Debuts Tokenization Service, Starting with Daylight

RWA Specialist Centrifuge Debuts Tokenization Service, Starting with Daylight

Centrifuge, a real-world asset (RWA) protocol, unveiled Wednesday a tokenization platform designed to help institutions, fintech startups and decentralized

Bitcoin Crafts 'Bullish Wedge,' Keeping Hopes Alive for Record Highs Above $126K

Bitcoin Crafts 'Bullish Wedge,' Keeping Hopes Alive for Record Highs Above $126K

This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$103,574.15 is down but not out and may b

Circle Q3 Profit Triples, Beating Estimates, on USDC Growth

Circle Q3 Profit Triples, Beating Estimates, on USDC Growth

Circle Internet Group (CRCL), issuer of the world's second-largest stablecoin, said third-quarter profit more than tripled as demand for USDC grew, boostin

CoinDesk 20 Performance Update: Uniswap (UNI) Jumps 13.5% as Index Declines

CoinDesk 20 Performance Update: Uniswap (UNI) Jumps 13.5% as Index Declines

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is curr

Jefferies Sees Solid Quarter but Limited Upside for Bitcoin Miner MARA

Jefferies Sees Solid Quarter but Limited Upside for Bitcoin Miner MARA

Investment bank Jefferies maintained a hold rating on MARA Holdings (MARA) shares after the bitcoin BTC$103,709.17 miner reported third-quarter results lar

BNB Drops Below $950 as Market Sell-Off Deepens, Privacy Coins Surge

BNB Drops Below $950 as Market Sell-Off Deepens, Privacy Coins Surge

BNB slid 7.8% in the past 24 hours, dropping to $940 and breaching several major support levels in the process. The move followed a wave of sales orders th

Sam Bankman-Fried's Last Chance? Appeals Court to Hear Arguments on FTX Founder's Retrial Motion Next Week

Sam Bankman-Fried's Last Chance? Appeals Court to Hear Arguments on FTX Founder's Retrial Motion Next Week

FTX founder and former CEO Sam Bankman-Fried's gamble that the U.S.'s legal system will set him free three years after his empire collapsed may be about to