Crypto News

The gold rally has outshone other asset classes this month, drawing some comparisons to bitcoin as President Donald Trump’s tariff war reshapes the global economic order, pushing investors to look for safety. Now, shifts in options positioning have some market watchers saying it’s time to get cautious. As bullion hit a record last week, the trading of options on the SPDR Gold Shares ETF surpassed 1.3 million contracts, a level never reached before. At the same time, the cost of hedging against declines in the exchange-traded fund sits near its lowest level since August while implied volatility has surged, an unusual pattern. “Gold and bitcoin have exhibited spot-up, vol-up dynamics, similar to Mag 7 in recent years,” said Tanvir...

Investment firms specializing in Bitcoin are positioning themselves to lead the way in the push toward a potential global shift in currency systems. Adam Back, CEO of Blockstream and inventor of Hashcash, pointed out that firms like Strategy, which have adopted Bitcoin treasuries, are playing a crucial role in advancing what some call hyperbitcoinization—a future where Bitcoin overtakes fiat currencies globally. This shift could see Bitcoin's market cap soar to more than $200 trillion, he suggested. Back explained in a recent post that companies like Strategy are taking advantage of the gap between Bitcoin’s future potential and the current state of fiat money. He referred to this approach as a "logical and sustainable arbitrage," one...

SEC Commissioner Hester Peirce criticized the current state of crypto regulation in the U.S., comparing it to the children’s game "the floor is lava," where firms must avoid direct contact with crypto assets while navigating unclear regulations. Speaking at the SEC’s “Know Your Custodian” roundtable on April 25, Peirce explained that firms engaging in crypto must jump from one poorly defined regulatory space to another. She pointed out that the regulatory landscape is uncertain, with firms unsure of which crypto assets qualify as securities and whether activities like staking or voting rights could trigger violations. Peirce’s analogy illustrated the confusion that investment advisers face when determining what qualifies as a security...

One of the more interesting case studies in the cryptocurrency realm over the last year is that of Dogecoin (CRYPTO: DOGE). In 2024, the price of Dogecoin surged by 251% -- outperforming the likes of the S&P 500, Nasdaq Composite, and crypto's most popular name, Bitcoin. Unfortunately, 2025 hasn't been as good for Dogecoin as last year. As of April 21, the price of Dogecoin has dropped by 50% so far this year. Per historical trends, Dogecoin's current price action suggests a big move could be coming soon. The chart illustrates Dogecoin's price over the last five years, showing its volatility. While there have been spikes, Dogecoin's price tends to bottom around $0.10, usually rebounding afterward. Currently, it's around $0.15, but...

With Bitcoin (CRYPTO: BTC) looking as if it's regaining momentum, there's reason to believe there's a new tailwind helping it along, as well as potential catalysts on the horizon. Let's take a look at both of those factors because they're both related to China and its Bitcoin policies. China is going to become a big story Despite it being illegal to mine and trade Bitcoin in China since 2021, 21.1% of the world's Bitcoin is produced in the country. That means whatever Bitcoin-related policies China pursues are going to have a big impact on the coin's price, as well as on its prominence in the future. And there's reason to believe that the country's position on the coin is slowly changing in a way that's favorable for holders. In...

Dogecoin (CRYPTO: DOGE) is one of the most popular meme coins in the crypto world, often getting a boost from Tesla Chief Executive Officer Elon Musk, who pumps up the digital currency either directly or indirectly, normally via social media. Dogecoin investors initially reacted positively to news that Donald Trump won last year's election, especially given Musk's close relationship with the new president. One of the biggest changes involving the government this year was the creation of the initiative called the Department of Government Efficiency -- which is often referred by its acronym, DOGE, not unlike how people refer to Dogecoin. And Musk has played a key role in the project. But the launch of DOGE hasn't resulted in a boost for...

DeFi Development Corp. (JNVR), formerly known as Janover, is doubling down on its plan to buy more Solana for its treasury as it looks to offer up to $1 billion worth of securities. The firm, formerly a commercial real estate lending tech platform, revealed in a U.S. Securities and Exchange Commission (SEC) filing that it plans on using the funds for “general corporate purposes, including the acquisition of Solana.” The offering will include common and preferred stock, debt instruments, warrants, and units. DeFi Development has already acquired approximately $48.2 million of SOL and plans to operate validators on the Solana blockchain to earn staking rewards. Taking a playbook out of Michael Saylor's bitcoin buying strategy...

Bitcoin (CRYPTO: BTC) hit a value of more than $100,000 last year, for the first time ever. Did the fourth Bitcoin halving event prove to be a positive catalyst for the cryptocurrency and its valuation? Or has its rapid rise in value had more to do with other factors? How Bitcoin has done since the halving event Bitcoin's big selling point is its scarcity. And every four years, the rewards of Bitcoin mining are halved. It's bad news for miners, but it slows the rate at which new tokens enter circulation, thereby helping maintain Bitcoin's scarcity. Bitcoin's value sometimes rises after a halving, prompting investors to buy the digital currency beforehand. But did that happen after the last halving event, which took place on April 19...

When it comes to cryptocurrency, one name stands out above the crowd: Bitcoin (CRYPTO: BTC). The original cryptocurrency accounts for roughly 63% of the entire crypto market cap. However, Bitcoin is so big that it doesn't always produce the best returns. More recently, XRP (CRYPTO: XRP) has gotten a lot of attention as regulatory pressure eases on the company, and its utility has gotten a major boost from several advancements from Ripple. Meanwhile, Ether (CRYPTO: ETH) is often seen as the backbone of DeFi, with its smart contract blockchain doing most of the heavy lifting in the industry. While there's a case to be made for either to outperform Bitcoin, I think Bitcoin will ultimately outperform amid the current environment. Here are...

With so many different forces affecting its value at all times, it's remarkable that Bitcoin's (CRYPTO: BTC) price isn't even more volatile. When there's significant purchasing action by a large holder that claims to want to hold on to its hoard of the coin forever, like there has been over the last couple of weeks, it's worth paying attention to. High-profile buying could be interpreted as a tailwind for higher prices. Or it could be viewed as a risk, since it might precede later news of the same actor ditching its position for greener pastures. With those dynamics in mind, let's break down who's buying it right now and why it could be an important factor in the coin's performance over the coming years. Strategy (NASDAQ: MSTR)...

Bitcoin (CRYPTO: BTC) is the world's largest cryptocurrency. It has a market capitalization of $1.8 trillion, representing more than half of the total value of all coins and tokens in circulation across the industry, which currently stands at $2.9 trillion. MicroStrategy co-founder Michael Saylor thinks there is still substantial upside ahead, because he predicts Bitcoin will reshape the entire financial system thanks to its decentralized nature, its capped supply, and its secure system of record called the blockchain. According to his forecast, Bitcoin could skyrocket by 13,800% by 2045, to reach $13 million per coin. Saylor is backing up his prediction with action -- he has effectively turned MicroStrategy into a holding company...

Bitcoin's seven-day price action has been nothing short of explosive, surging from $82K to over $94K in less than a week! With volatility and ongoing macro uncertainty, BTC is holding strong around $93K. The momentum suggests that bullish sentiment remains firmly intact as the week continues. Strike CEO launches new 'Twenty-One' fund, with 42,000 BTC backing Jack Mallers and a group of investors have officially unveiled Twenty-One, a bold new Bitcoin investment company with $500M already committed. Loaded with over 42,000 Bitcoin, Twenty-One is being formed through backing by Cantor Equity Partners, a publicly traded SPAC. The new entity is also supported by Tether and SoftBank. In a 13-minute video, Mallers, the incoming CEO of...

Bitcoin (BTC) continued its spring rally on Friday and is on track for its strongest weekly showing since Trump's election victory. The largest and oldest cryptocurrency held around $95,000 during U.S. afternoon hours, up 1.8% over the past 24 hours. Ethereum’s ether (ETH) followed closely, gaining 2% to hover just over $1,800. Sui’s native (SUI), Bitcoin Cash (BCH), and Hedera’s HBAR led gains in the broad-market crypto benchmark CoinDesk 20 Index. Today's gains cap an exceptional momentum for crypto markets recovering from the early April lows amid tariff turmoil. BTC is up over 11% since Monday, putting it at its largest weekly gain since November 2024, when Donald Trump clinched the U.S. presidency, kickstarting a broad-market...

China may shift to Bitcoin and gold amid global uncertainty and geopolitical tensions to diversify outside the U.S. Treasuries, BlackRock’s head of thematics and equity ETFs Jay Jacobs said. Jacobs noted that central banks worldwide have been diversifying outside the U.S. dollar for decades. Gold and Bitcoin are among the latest entrants to the list of alternative assets that banks have been increasingly relying on for the last 3-4 years. The BlackRock executive made these remarks in an interview with CNBC on April 25. In the long run, crypto is decoupled from U.S. tech stocks even if the crypto market has been closely tied to stock and bond markets due to recent tariff tensions, the executive said. Jacobs argued that Bitcoin...

The Swiss National Bank (SNB) has decided against holding bitcoin as part of its reserves, citing concerns about the liquidity and volatility of the cryptocurrency market. SNB President Martin Schlegel highlighted that even if cryptocurrencies appear to have sufficient market liquidity at times, this can be compromised during crises. He also noted that the high volatility of cryptocurrencies poses a risk for long-term value preservation, stating that they currently do not meet the bank’s high standards for its currency reserves. The decision came in response to advocacy from the Bitcoin Initiative, a group that argues that including bitcoin in Switzerland’s treasury would enhance overall portfolio performance and yield substantial...

Nike was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets. In a proposed class action filed in Brooklyn, New York federal court, purchasers led by Australian resident Jagdeep Cheema said the sudden closure in December of Nike's RTFKT unit caused demand for their NFTs to dry up. They said they would never have bought the NFTs at the prices they did, or at all, had they known the tokens were unregistered securities, and that Nike would "cause the rug to be pulled out from under them." Nike, based in Beaverton, Oregon, did not immediately respond to requests...

Bitcoin (CRYPTO: BTC) has been on fire this week, rising 12% over the past seven days as of 2 p.m. ET on Friday. Investors have been in "risk on" mode this week as trade tensions between the U.S. and nearly every country in the world seem to be easing, for now. That helped companies downstream of Bitcoin's price, like Bitcoin miners. TeraWulf (NASDAQ: WULF) is up 36% this week, Riot Platforms (NASDAQ: RIOT) jumped 26.1%, and MARA Holdings (NASDAQ: MARA) is up 17% for the week. Bitcoin's big move Cryptocurrencies have jumped this week as trade tensions eased around the world. The tensions didn't technically have anything to do with cryptocurrencies, but they certainly impact the value of tokens. Bitcoin, in particular, has proven to...

Paul Atkins’ first public event as chairman of the U.S. Securities and Exchange Commission was a crypto roundtable on Friday, where the new agency chief devoted his inaugural speech to assuring the industry that he'll continue to remake securities policy to favor digital assets innovation. The agency and industry have been awaiting congressional action to establish crypto market-structure oversight that will likely set guardrails, and Atkins told an audience at the SEC's Washington headquarters that the regulator will work toward delivering "a rational, fit-for-purpose framework" for crypto. However, in answer to a question after his speech, Atkins indicated that the agency may be able to act to some degree during this wait for new...

Did you know that, since its inception, Bitcoin has been the best performing asset class worldwide? In fact, at its current $1.87 trillion valuation, Bitcoin has even surpassed Alphabet (formerly Google) to become the world’s fifth-largest asset, only behind Nvidia (NVDA), Microsoft (MSFT), Apple (AAPL), and gold. Bitcoin Decouples One of the long-term bearish arguments against Bitcoin is that it is just another “risk-on” asset. Historically, Bitcoin has acted like a leveraged Nasdaq product, dramatically outperforming in equity bull markets and underperforming in bear markets. However, this week, Bitcoin and the iShares Bitcoin ETF (IBIT) disproved that notion. Despite the carnage in equities early in the week, Bitcoin rose 3%...

WASHINGTON (Reuters) - The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for the cryptocurrency sector by fostering "regulatory uncertainty" in prior years. "Market participants engaging in this technology deserve clear regulatory rules of the road," Paul Atkins said in his first remarks since being sworn in as chairman of the agency earlier this week. He spoke at the SEC's crypto roundtable, which the Republican leadership launched to weigh how securities laws may apply to digital assets, an area of tension between the sector and the agency under previous leadership. Atkins, who has worked with crypto firms in recent years, has widely been expected to take a softer tack...