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Bitcoin Tops $93K Lifetime High As U.S. Demand Surges
Bitcoin price continues its record setting pace this week, blasting through the $90,000 resistance level and winning a new record over $93,000 in the U.S. morning Wednesday. CoinDesk Senior Anchor Christine Lee explains what is behind this latest surge on "Chart of the Day."
Bitcoin Touches Record-High $85K, Adds Almost $20K in a Week
Gold and most of the so-called magnificent seven tech stocks are down on the day.
Where the Demand Comes From as Bitcoin Breaks Through $82K: Van Straten
As bitcoin hits new highs, it's helpful to examine the data to understand where the demand is coming from.
Bitcoin's Drop on Thursday Spurred Panic Sales Among Short-Term Holders: Van Straten
Over $2 billion worth of bitcoin was sent to exchanges at a loss on Thursday, the most since August's yen carry trade unwind, as bitcoin fell below $70,000.
Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees
Citing presidential candidate Donald Trump's remarks on a U.S. strategic crypto reserve, Florida Chief Financial Officer Jimmy Patronis is pushing the idea for state pension funds.
Arthur Hayes' Maelstrom Hedges U.S. Election Uncertainty With Staked USDe, Holds Large BTC, ETH Bullish Bets
"Given the uncertainty, Maelstrom has 5% of the fund in staked USDe (Ethena USD), earning roughly 13%," Hayes told CoinDesk.
Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling.
Gold Rally Needs to Pause for Bitcoin Price to Break All-Time High, Data Suggests
In the past seven days, over 1 million ounces have gone into gold ETFs, the biggest inflow since October 2022.
Bitcoin Hashrate Hits All-Time High as Publicly-Listed Miners' Share of the Network Peaks
Bitcoin's seven-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April's halving.
Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July
In the past four trading days, Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply.
