Shares of CoreWeave dropped fast on Monday after the company told investors it plans to raise $2 billion through debt that can later turn into stock, according to Bloomberg. The fall hit before markets opened, with the stock sliding 7% to $82.10. The company said the sale involves convertible notes due 2031 through a private
Story Highlights Analyst claims Bitcoin’s entire market cycle has flipped and the real bear market may have already passed. Rising dominance, weak altcoins, and major ETF outflows paint a very different picture of 2025. If this “cycle inversion” holds, Bitcoin’s next major move could look nothing like previous bull runs. A new market thesis is
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2934.99, up 3.3% (+93.38) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: NEAR (+6.5%) and AAVE (+6.4%). Laggards: DOT (+1.0%) and HBAR (+1.0%). The
Michael Saylor, co-founder and executive chairman of MicroStrategy, is meeting with sovereign wealth funds across the Middle East to discuss Bitcoin. He wants to show them how digital assets can be a useful investment. Saylor has long promoted Bitcoin to big investors. Now, he is focusing on sovereign funds, which control trillions of dollars in
Google “dollar debasement” searches hit records as Fed pivots to easing, boosting the debasement trade narrative for Bitcoin and crypto. Summary Google searches for “debasement” and “dollar debasement” have surged to record levels in the US, reflecting mounting concern over USD erosion. The dollar index has dropped to multi‑year lows as M2 money supply hits
Bitcoin is testing key resistance levels after breaking the 20-day SMA, with analysts expecting potential upside momentum. Currently, Bitcoin is trading at $91,747, reflecting a 2.7% gain over the last 24 hours. The first-born cryptocurrency has experienced a daily range from $87,887.18 to $91,673.07, demonstrating a tight price movement within the past 24 hours. Over
The cryptocurrency market has opened the new weekly candle bullish, with Bitcoin and other major coins and tokens currently in the green. Bitcoin is up by more than 2% in the last 24 hours and is currently trading close to $92k. However, the recovery has failed to surpass the $93k resistance level, and Bitcoin could
EMJ Capital’s Eric Jackson sees Bitcoin evolving from digital gold to neutral global collateral, implying a radical $50M per coin valuation by 2041. Summary EMJ Capital’s Eric Jackson projects Bitcoin could reach $50M per coin by 2041. His thesis: Bitcoin shifts from “digital gold” to neutral global collateral for sovereign debt. He argues replacing the
Bitcoin sits on a key 0.382 Fib support as traders eye the Fed, soft ETF flows and rising on-chain “liveliness,” leaving price vulnerable but primed for a relief bounce. Summary Bitcoin trades at a critical 0.382 Fibonacci support, with a breakdown risking a retest of April lows and higher timeframe structure damage. Fed meeting, jobs
Bitcoin’s latest market antics are giving traders whiplash — and maybe a touch of hope. After tumbling from the lofty perch above six-figures to $80,537, it’s clawed its way back toward $92,000, staging a short-term rebound that looks a little too good to be ignored. But don’t be fooled: while the lower timeframes flirt with