btc


Markets

Bitcoin Hits $52K, Regains $1T Market Cap; Genesis Cleared to Sell $1.3B GBTC Shares

Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows.

Bitcoin price on Feb. 14 (CoinDesk)

Markets

Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

An interest rate cut isn't likely on the table, but risk assets are doing just fine

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Policy

Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

The Treasury's financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the data is from 2021.

The U.S. Treasury Department's financial crimes arm reported on the use of bitcoin in human trafficking and other global crimes. (Jesse Hamilton/CoinDesk)

Markets

Solana Leads Gains in Crypto Majors, Bitcoin Metric Suggests Low Retail Growth

The CoinDesk 20, a liquid index of the top twenty cryptocurrencies, rose 4% in the past 24 hours.

stepwise increasing stacks of coins pictured against a chart of rising price candles

Markets

Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply

MicroStrategy co-founder and executive chairman says his company is re-branding as a bitcoin development company during CNBC interview.

MicroStrategy Executive Director Michael Saylor (CoinDesk)

Markets

Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters

A source said that the investment was split evenly between the two digital assets.

Peter Thiel holding cash (Rachel Sun/CoinDesk)

Policy

Craig Wright Told by UK Court to Stop Making ‘Irrelevant Allegations’ as COPA Trial Continues

Wright continued to blame a host of reasons and people for inconsistencies pointed out by opposing counsel on Monday as his cross-examination intensified.

Craig Wright arrives at a London Court for the COPA trial. (Dan Kitwood/Getty Images)

Markets

Bitcoin Pushes Through $50K for First Time Since Late 2021

The world's largest crypto has now more than recovered since tumbling below $40,000 in the initial days following the opening of the spot ETFs.

CoinDesk's Bitcoin price index, which tracks price data on multiple exchanges, surpassed $50K on February 12. (CoinDesk)