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Bitcoin OG places $234M BTC short bet after profiting big from Trump’s China tariffs

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Bitcoin BTC$108,665.05 Prices have rebounded strongly since the October 10 crash, but not everyone is convinced. One notable skeptic is a Bitcoin OG who made $200 million shorting BTC ahead of the October 10 selloff, which was reportedly triggered by President Donald Trump’s aggressive tariff announcement on China. On Tuesday, the whale placed a new […]

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Debt-powered AI pivot puts BTC miners to the test

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The boom in stock prices of artificial intelligence (AI) and high-performance computing (HPC) companies since September has generated extraordinary returns for Bitcoin miners expanding in these sectors, but this growth comes at a cost. Bitcoin BTC$108,167.50 has grown just 10% this year, and with the bubble in corporate Bitcoin treasuries bursting in recent months, the

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Liquidations of $320 million as Bitcoin falls below $108,000; Market down 3.2%

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Bitcoin was trading below $108,000 at 9:20 a.m. UTC as $320 million in spot crypto ETF liquidations and outflows hit a market down 3.2%. BTC was trading at $107,779 during the European morning, down 2.8% over the past 24 hours, according to CoinDesk data. Ether ETH$3,863.97 and Solana GROUND$186.22 both fell more than 3.5%, while

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Here’s how long the government shutdown will last: Asia Morning Briefing

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Hello, Asia. Here’s what’s making news on the markets: Welcome to Asia Morning Briefing, a daily summary of the top news stories during U.S. business hours and insight into market movements and analysis. For a detailed look at US markets, check out CoinDesk’s Crypto Daybook Americas. Bettors in the prediction market are increasingly convinced that

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Bitcoin Cash Companies, Where the Companies Stand

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More than 160 publicly traded companies have now adopted bitcoin as their core treasury strategy, collectively holding nearly 1 million BTC, or approximately 4% of the circulating supply. What started as a bold, corporate-led experiment has turned into a global strategy playbook: raise capital, buy Bitcoin, and provide partial exposure to Bitcoin stocks through a

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US Increases Crypto Activity Under Trump: TRM Labs Report

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In the first six months of this year — as crypto-promoter President Donald Trump reversed the U.S. government’s cautious resistance to crypto — U.S. trading volumes rose about 50% to $1 trillion, according to a TRM Labs report released Tuesday. The rapid rise has been multi-faceted, with institutions jumping into stablecoins and others jumping into

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Coinbase (COIN) Sees TradFi Institutions Driving Crypto Derivatives Boom

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Coinbase (COIN), the cryptocurrency exchange that purchased the largest cryptocurrency options exchange, Deribit, for $2.9 billion earlier this year, expects a wave of traditional financial institutions (TradFi) to begin using digital asset derivatives for investment or hedging purposes, said Usman Naeem, global head of sales of derivative products of the Nasdaq-listed company. Institutions interested in

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Base, ETH L2 access affected by Amazon AWS outage

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On the morning of October 20, 2025, Amazon Web Services (AWS) experienced a major outage that resulted in widespread service interruptions to thousands of websites and applications. Several large exchanges and crypto service providers rely heavily on cloud infrastructure like AWS to power their trading platforms, wallets, analytics tools, and matching engines. The ripple effect

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