The bitcoin market is splitting in two. Here’s who is buying and selling amid the war
Six weeks of war have revealed that bitcoin’s floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of.
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Bhutan has sold 70% of its bitcoin in 18 months. It may have stopped BTC mining too.
The kingdom’s holdings have dropped from 13,000 BTC to 3,954 since October 2024, with $215.7 million moved out this year alone. Its last mining inflow over $100,000 was recorded more than a year ago.
Federal judge blocks Arizona from bringing criminal charges against Kalshi
Judge Michael Liburdi ordered Arizona not to bring any enforcement actions under state law against Kalshi, at least temporarily.
Star Xu calls CZ a ‘liar’ as founders of world’s largest crypto exchanges argue over past allegations
The dispute between the crypto exchange founders, which included a $1 billion wager from CZ, revives allegations dating back 11 years to Zhao’s time at OKCoin.
CoinDesk 20 performance update: Hedera (HBAR) drops 1.9%, leading index lower
Cardando (ADA), down 1.3% from Thursday, was also among the underperformers.
Trump-backed WLFI token drops 12% to record lows after team defends multi-million lending position
World Liberty Financial responded to CoinDesk’s reporting by saying it would “simply supply more collateral” if markets moved against it, a statement that did not reassure holders.
Binance offers UAE staff temporary relocation as Middle East conflict disrupts region
The crypto exchange said its operations in the United Arab Emirates remain unchanged and that many employees have chosen to remain
Bitcoin gains after core CPI rose a less-than-forecast 0.2% in March.
Headline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war.
Institutions’ bitcoin positioning lacks conviction; CPI, Iran talks might help
Institutions are betting on the bitcoin price hitting $80,000 through call options, but they are also buying downside protection.
David Bailey’s bitcoin holder Nakamoto is trying to stay on Nasdaq with a reverse stock split
The stock has plunged roughly 99% from its May 2025 peak as pressure builds on the bitcoin treasury firm.