News
Editorial-quality coverage of global financial markets, policy, and macro trends.
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Weekly Recap: New Fed Chair and $10 Million THORChain Hack
This week saw Bitcoin stabilize around $78,000, Kevin Warsh appointed as the new Fed Chair, and a $10 million hack of THORChain.
Aisha Patel5 min - Crypto
Analyst Highlights Bitcoin's Strong Fundamentals
Analyst Michaël van de Poppe emphasizes Bitcoin's resilience and strong fundamentals amidst recent market fluctuations.
James Park2 min - News
New Fed Chair and Trump's Deal with China: Market Impacts
This week examines Trump's China deal, the new Fed Chair's crypto stance, an AI-assisted Bitcoin recovery, and Palantir's influence on government policy.
Marcus Reid2 min - Crypto
Bhutan Denies Selling 13,000 BTC from Its Bitcoin Reserve
Bhutan's DHI denies selling Bitcoin from its reserve, clarifying that the national fund still holds 3,121 BTC despite speculation about sales.
Aisha Patel1 min - Crypto
JPMorgan Predicts Ethereum Will Continue to Lag Behind Bitcoin
JPMorgan analysts report that Bitcoin continues to outperform Ethereum, with institutional interest favoring Bitcoin amid low activity in the altcoin market.
Marcus Reid1 min - News
Hackers Steal $10 Million from THORChain
Hackers have stolen over $10 million from the THORChain protocol, affecting multiple blockchain networks including Bitcoin and Ethereum.
Marcus Reid1 min - Crypto
SharpLink Criticizes Strategy's Approach to Crypto Asset Management
SharpLink's CEO criticizes Michael Saylor's capital management model, highlighting Ethereum's staking benefits and the company's focus on stability amid market challenges.
Sarah Chen2 min - Crypto
Bitcoin Tests Break-Even Level for Short-Term Whales
Bitcoin's price has returned to the break-even point for short-term whales, potentially shifting market dynamics if it stabilizes above $80,000.
Elena Volkov1 min - Crypto
CoinDesk: Binance Captured 78% of Net Inflows to CEX in May
In May, Binance captured 78% of net inflows to centralized exchanges, while Bitcoin faced significant outflows, indicating a shift in market dynamics.
Marcus Reid2 min - News
IREN Raises $3 Billion for AI Infrastructure Development
IREN has successfully raised $3 billion through convertible bonds to enhance its AI infrastructure, reflecting a broader trend of Bitcoin miners shifting towards AI technologies.
Elena Volkov2 min - Crypto
Bitcoin Mining Difficulty Rises by 3.12%
Bitcoin mining difficulty has increased by 3.12%, reaching 136.61 T, while the hash rate has surpassed 1 ZH/s for the first time since February.
Daniel Kim1 min - Crypto
Bitcoin Falls Below $80,000 Amid Rising Inflation in the U.S.
Bitcoin's price has fallen below $80,000, coinciding with rising inflation in the U.S. and significant outflows from institutional products.
Elena Volkov4 min