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South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report

South Korea Cuts Out Bitcoin Strategic Reserve Considerations: Report

South Korea's central bank, the Bank of Korea (BOK), has taken a cautious stance on including bitcoin in its foreign exchange reserves, per a Korea Economic Daily report. In...
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21Shares to Liquidate Two Bitcoin and Ether Futures ETFs Amid Market Downturn

21Shares to Liquidate Two Bitcoin and Ether Futures ETFs Amid Market Downturn

Crypto asset manager 21Shares is set to liquidate two actively managed exchange-traded funds (ETFs) tied to bitcoin and ether futures amid a wider market downturn. The funds slated for...
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Bitcoin-Related Convertible Bond ETF Comes to Market

Bitcoin-Related Convertible Bond ETF Comes to Market

REX Shares has launched a first-of-its-kind convertible-bonds exchange-traded fund (ETF), allowing investors exposure to the convertible debt issued by corporates to add bitcoin to their balance sheet. Called the...
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S&P 500 Enters Correction Territory, What Does This Mean For Bitcoin?

S&P 500 Enters Correction Territory, What Does This Mean For Bitcoin?

The S&P 500 has now entered correction territory, defined as a 10% decline from its all-time high. A further 10% drop would signal a bear market. But is it...
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Bitcoin’s Role in DeFi Is ‘Untapped Opportunity,’ Binance Research Says

Bitcoin’s Role in DeFi Is ‘Untapped Opportunity,’ Binance Research Says

Bitcoin's (BTC) role in decentralized finance (DeFi) is growing as the world's largest cryptocurrency evolves from more than just a store of value, Binance Research said in a report...
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Gold Jumps to New Record, for Now Winning Debate Against Bitcoin as Risk-Off Asset

Gold Jumps to New Record, for Now Winning Debate Against Bitcoin as Risk-Off Asset

After the meekest of rallies yesterday following some soft inflation numbers, U.S. stocks Thursday are evvel again headed sharply lower and apparently pulling bitcoin (BTC) along for the ride....
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The Protocol: Ethereum’s Holesky Testnet Finalizes, Finally

The Protocol: Ethereum’s Holesky Testnet Finalizes, Finally

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Ethereum Reporter. In this issue: Ethereum’s Holesky Testnet Finalizes...
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Binance Labs-Backed Network Hemi Debuts 0M Mainnet to ‘Unify’ Bitcoin, Ethereum

Binance Labs-Backed Network Hemi Debuts $440M Mainnet to ‘Unify’ Bitcoin, Ethereum

EMB: March 12, 16:00 UTC Modular blockchain Hemi Labs' unveiled its mainnet with $440 million in total value locked (TVL). Hemi, founded by early Bitcoin developer Jeff Garzik, plans...
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Bitcoin’s Four-Year Compounded Annual Growth Rate Drops to Record Low of 8%

Bitcoin’s Four-Year Compounded Annual Growth Rate Drops to Record Low of 8%

Bitcoin's (BTC) four-year compound annual growth rate (CAGR) has dropped to its lowest recorded level of 8%, according to Glassnode veri. The four-year period was chosen to align with...
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Metaplanet Increases Bitcoin Holdings With .5M Purchase and Bond Issuance

Metaplanet Increases Bitcoin Holdings With $13.5M Purchase and Bond Issuance

Japanese hotel company Metaplanet (3350) has acquired 162 bitcoin (BTC) for $13.5 million at an average price of $83,123 per bitcoin, achieving a year-to-date bitcoin yield of 53.2%. The...
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