Bitcoin


Finance

Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance

The company just days ago announced the purchase of $1.1 billion worth of bitcoin, bringing its holdings to 244,800 tokens.

MicroStrategy Executive Chairman Michael Saylor (CoinDesk)

Videos

ETH/BTC Ratio Slid to Lowest Since April 2021

The ether/bitcoin trading pair dipped below 0.04 late Sunday, reaching its lowest level since April 2021. The drop signals a decline of investor interest in ether relative to bitcoin. CoinDesk's Benjamin Schiller presents the "Chart of the Day."

Recent Videos

Markets

Bitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan Says

U.S.-listed bitcoin miners fell in the first half of the month as the world's largest cryptocurrency loitered below $60K and the network hashrate returned to pre-halving levels, the report said.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Policy

El Salvador President Nayib Bukele to Present Debt-Free Budget for 2025

Bukele spoke during the commemoration of 203 years of El Salvador independence.

El Salvadoran President Nayib Bukele. (Government of El Salvador, modified by CoinDesk)

News Analysis

Ether-Bitcoin Ratio Drops to Lowest Since April 2021. Here’s Why It Matters

Analysts suggest the ETH/BTC ratio might drop further, potentially to the 0.02-0.03 range, unless there's a significant change in investor sentiment or regulatory clarity that might favor riskier assets.

(Unsplash)

Markets

First Mover Americas: Bitcoin Pulls Back Before Probable Fed Rate Cut

The latest price moves in crypto markets in context for Sept. 16, 2024.

BTC price, FMA Sept. 16 (CoinDesk)

Markets

Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations

"Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex

The Federal Reserve building in Washington, D.C. (Jesse Hamilton/CoinDesk)

Markets

Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off

PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain.

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

Markets

Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says

The key variable for risk assets is the U.S. economy as concerns of a recession linger, crypto investment firm Ryze Labs said.

Bitcoin price on Sept. 13 (CoinDesk)

Markets

Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing

The crypto might need more than some modest rate cuts to embark on a new bull run.

Bitcoin excluded from rate cutting party (Unsplash/Getty images)

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