Category: Bitcoin Desk

Analysts are currently divided on Bitcoin’s short-term trajectory, with some predicting a “violent” short squeeze pushing prices toward $84,000, while others foresee a prolonged period of consolidation in the $45,000 to $55,000 range. This comes as Bitcoin has stabilized around $68,500 after a sharp decline from its October 2025 peak of $126,210. Prediction market Myriad…

Michael Saylor of Strategy announced on CNBC that the company plans to continue accumulating Bitcoin, stating emphatically that they have no intention of selling and will keep purchasing Bitcoin quarterly indefinitely. This aligns with a broader corporate trend where companies, following Strategy’s lead, have integrated Bitcoin into their treasury strategies to hedge against inflation and…

Bitdeer significantly increased its Bitcoin mining operations in January 2026, producing 668 BTC, which marks a 430% year-over-year growth. This expansion has raised its holdings to 1,530 BTC and its self-operated hashrate to 63.2 exahashes per second. A key factor contributing to this surge is Bitdeer’s deployment of SEALMINERs, which are replacing older mining models,…

Michael Saylor, CEO of Strategy, addressed concerns about the company’s credit risk amid a significant decline in Bitcoin’s value, stating that if bitcoin prices continue to fall, the firm intends to refinance its debt rather than sell any digital asset holdings. Saylor emphasized that Strategy is committed to accumulating bitcoin every quarter, underscoring the corporate…

Blockchain.com has secured registration from the UK’s Financial Conduct Authority (FCA) to operate as a crypto asset business, enabling it to offer brokerage, custodial, and institutional-grade crypto services in the UK. This move is a continuation of Blockchain.com’s strategy to strengthen its European presence, following the MiCA (Markets in Crypto-Assets) license it obtained last year,…

Bitcoin is currently exhibiting behavior akin to high-beta software stocks, as demonstrated by a notable short-term correlation of approximately +0.73 with software indices over a 30-day period. This pattern indicates that Bitcoin is reacting to liquidity shifts and broader macroeconomic signals, closely aligning its movements with those of volatile tech equities. This alignment reflects a…

Interactive Brokers has expanded its cryptocurrency futures offerings by introducing nano Bitcoin and Ether futures through Coinbase Derivatives. This move highlights a broader trend of established brokers and crypto exchanges partnering to further integrate digital assets into mainstream finance, catering to the growing demand for more accessible trading options. Furthermore, the introduction of smaller contract…

The Financial Supervisory Service has announced plans to sue Bithumb users who hold onto Bitcoin mistakenly distributed in a massive $40 billion error, emphasizing that it is a clear case of unjust enrichment. The incident occurred when Bithumb, a South Korean crypto exchange, incorrectly sent Bitcoin instead of Korean won during a promotional giveaway. Despite…

Bithumb mistakenly distributed 620,000 BTC, valued at approximately 60 trillion KRW, during a promotional error, and has so far recovered 125 BTC. Instead of pursuing legal action, Bithumb is choosing to communicate directly with users to regain the remaining funds, some of which have already been used to purchase altcoins on their platform. Such incidents…

BlackRock has recently deposited 3,402 Bitcoin, valued at $234.3 million, and 30,216 Ethereum, worth $60.83 million, into Coinbase. This move illustrates the growing trend of institutional adoption of cryptocurrencies as major asset managers are incorporating digital assets into their ETF offerings to satisfy increasing demand. Notably, exchanges like Coinbase are strengthening their roles as custodians,…