Bitcoin news

Adam Back, co-founder and CEO of Blockstream, joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." Back is often considered to be the creator of Bitcoin, which he has repeatedly denied.

(Bloomberg) -- Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet

Bitdeer has begun construction on a vertically integrated energy and computing facility near Fox Creek, Alberta, pairing a natural gas power plant with roughly 100 MW of data center capacity.

Keel Infrastructure, Bitdeer and HIVE lead a broad rally among former bitcoin miners repositioning around AI, with one name up nearly 25% on the week.

Google is seeking $80 billion to further its AI efforts, and Polymarket traders are in a tizzy over an outcome regarding Strategy’s bitcoin sale.

(Bloomberg) -- Souring Bitcoin sentiment has triggered almost $1.5 billion in crypto liquidations over the past 24 hours, as the largest digital asset sank back to a two-month low. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for AI Spendi

Scott Melker discusses the handful of crypto tokens trading higher on their own merit and not on bitcoin's (BTC-USD) own price moves, including Hyperliquid (HYPE32196-USD)."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

While the two firms are divided on how serious the threat actually is, they agree that Cboe Global Markets is most at risk.

According to Coin Center, Biden estimated $25.8B in revenue over the next decade from the implementation of these rules, but Coin Center warned the fiscal case shouldn't trump unworkability.

Despite two significant announcements, Coinbase’s price fell more than 4% as broader crypto-related stocks weakened on Tuesday.

Scott Melker discusses the controversy surrounding prediction markets after Polymarket voided a wager on whether Michael Saylor and Strategy (MSTR) sold bitcoin (BTC-USD) in May, citing that the disclosure came in June."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Analyst Lark Davis stated that most of the reasons are short-term, with the dominant driving force being Bitcoin's historical four-year market cycle.

Bitmine's Tom Lee told CoinDesk that the record 11-day bitcoin ETF outflow streak and Strategy's first BTC sale since 2022 are just typical signs of a market bottom. CoinDesk's Sam Ewen hosts "CoinDesk Daily."

Scott Melker discusses bitcoin plummeting below $70k, the US freezing $1 billion in Iranian crypto, and other big crypto headlines."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Scott Melker discusses how the US has frozen $1 billion in Iranian crypto assets, according to Treasury Secretary Scott Bessent."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Although Strategy sold only 32 BTC, Standard Chartered’s Geoffrey Kendrick said investors viewed the transaction as a structural signal rather than an isolated event.

Bitcoin (BTC-USD) prices fell below $70,000, with $768 million liquidated and $3.4 billion in exchange-traded fund (ETF) outflows. Scott Melker discusses the details above."The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Eric Balchunas of Bloomberg said that institutional adoption is just the "icing on the cake" of Bitcoin's thesis.

Investing.com -- The euro's share of global markets remained largely unchanged last year at around 20% as the the currency failed to gain ground despite expectations that unpredictable U.S. economic policy might increase its appeal as an alternative to the dollar.

Shares of Strategy (NASDAQ:MSTR) are down 10% in mid-morning trading Tuesday, while Coinbase (NASDAQ:COIN) stock is off 6%. The catalyst is the tape under both names: Bitcoin (CRYPTO:BTC) has broken below $70,000. Strategy stock is trading around $135 after a Monday close of $149.78. Coinbase stock is changing hands near $172 versus Monday’s $182.61 close. ... Strategy Crashes 10%, Coinbase Falls 6% as Bitcoin Breaks $70,000 Floor in Day-Two Selloff