Bitcoin News

Bitcoin News

Markets

Citigroup raises 12-month bitcoin target to $113,000 as ETF inflows resume

Citi also raised its 12-month target for ether from from $2,240 to $3,028.

Citi building. (Photo: Declan Sun-Unsplash/Modified by CoinDesk)

Markets

Metaplanet directors push back against shareholder fury over a controversial executive payout plan

Independent directors cite management’s financial risk and restructuring role, but leave questions about Gerovich’s exercised shares and MMXX Ventures unanswered.

Shibuya, Tokyo, Japan (Jezael Melgoza/Unsplash)

Finance

How European investors can now buy bitcoin without taking on U.S. dollar risk

Asset management platform HANetf has listed ETCs in London, Frankfurt and Paris providing pound sterling and euro-hedged exposure to bitcoin.

Dollar, pound sterling, euro notes (Getty Images)

Markets

Bitcoin bulls have one price level to defend

Here's the level analysts are watching and what a break below it could mean for the bulls.

pen rests on paper showing sketched graph going lower.

Markets

Bitcoin is on track to shatter a major decade-long streak as September gains surge

Bitcoin is on track for a third straight monthly gain, but higher yields, oil prices and two major November events could test its Q4 momentum.

BTC Price YTD (CoinDesk)

Markets

Analysts see 10-year Treasury yield hitting 6%. Bitcoin bulls shouldn't panic

Why yields are rising matters more for bitcoin than how high they go.

Don't Panic (Stephan Harlan/Unsplash)

Markets

Caution builds in the bitcoin market even as prices stay well above summer lows

Overall demand for leveraged exposure remains weak, marked by sliding futures open interest. The capital that's still in the market appears skewed toward bearish positions.

Bitcoin Funding Rates (Glassnode)

Markets

Bitcoin, Nasdaq futures decline as Trump won’t rule out more Iran strikes

Trump on Sunday didn’t rule out additional strikes on Iran before the midterm elections, even as he said the war could end soon.

Bitcoin's price drop. (CoinDesk)

Tech

Bitcoin could soon get Zcash-style 'shielded' privacy without changing its rules

Researchers have mapped out private bitcoin-denominated transfers that run alongside Bitcoin, but the system still lacks a finished way to lock up real BTC and release it again.

Privacy (Chris Yang, Unsplash)

Markets

Strategy proposes daily dividends to bring STRC back toward $100

STRC has remained below $100 since May, despite a 12% dividend rate and roughly $1 billion in preferred share buybacks.

STRC YTD (CoinDesk Data)