Author: Coindesk

Bitcoin (BTC) proponent Michael Saylor has hinted the company he co-founded, Strategy (MSTR), may be set to announce an additional BTC purchase this week shortly after revealing it expects a net loss in the first quarter of the year over unrealized losses on its massive BTC holdings.The company has added 80,785 BTC to its balance sheet since the beginning of the year after raising a total of $7.69 billion during the first quarter, with over half of that coming from common stock sales. Most, if not all, of those funds were used to buy bitcoin.On Sunday, Saylor posted a BTC…

World Liberty Financial, the crypto venture backed by U.S. President Donald Trump’s family, purchased $775,000 worth of SEI tokens as its altcoin accumulation strategy keeps going.The move was funded with USDC transferred from the project’s main wallet to a trading wallet that has been used in prior altcoin buys, according to fresh data from Arkham Intelligence.The SEI purchase adds to a growing portfolio that includes not only the top two cryptocurrencies, bitcoin (BTC) and ether (ETH), but also TRX, movement (MOVE), ondo (ONDO) and various other tokens.World Liberty Financial recently denied selling ether or any of its other positions after…

The Trump administration’s exemption on tariffs for electronics may be short-lived.Commerce Secretary Howard Lutnick said Sunday that the White House’s decision to exempt items like smartphones, computers, and other consumer electronics from steep tariffs earlier this month was only temporary.A new set of duties focused on semiconductors is expected within “a month or two,” he said.“All those products are going to come under semiconductors, and they’re going to have a special focus type of tariff to make sure that those products get reshored,” Lutnick said during an interview on ABC’s This Week.The goal, he added, is to encourage chip and…

JPMorgan Chase CEO Jamie Dimon is bracing for a disruption in the near $30 trillion U.S. Treasury market — one he says could force the Federal Reserve to step in, just as it did during the early days of the COVID-19 pandemic.“There will be a kerfuffle in the Treasury markets because of all the rules and regulations,” Dimon said in a Friday earnings call, warning that the Fed won’t act until “they start to panic a little bit.”Dimon’s comments come as bond yields spike and market volatility rises. The rising yields have suggested investors are pulling back from popular trades…

The proliferation of mainstream artificial intelligence (AI) tools in the last couple of years has stirred the crypto and blockchain industry to explore decentralized alternatives to Big Tech products.The synergy between AI and blockchain is built on addressing the risk of centralized ownership and access to data that powers AI. The theory goes that decentralization can mitigate against the entire AI economy being powered by the data owned by a few tech behemoths like Alphabet (GOOG), Amazon (AMZN), Microsoft (MSFT), Alibaba (9988) and Tencent (0700).It is unclear as yet whether or not this will prove to be a significant problem…

Luxor Technology wants to make bitcoin mining easier. That’s why the firm has rolled out a panoply of products (mining pools, hashrate derivatives, data analytics, ASIC brokerage) to help bitcoin miners, large and small, develop their operations.Aaron Forster, the company’s director of business development, joined in October 2021, and has seen the team grow from roughly 15 to 85 people in the span of three and a half years.Forster worked a decade in the Canadian energy sector before coming to bitcoin mining, which is one of the reasons why he’ll be speaking about the future of mining in Canada and…

As the crypto industry matures, much of the focus remains on regulation, custody, and scalability. But in 2025, the biggest barrier to adoption isn’t policy — it’s user experience. Crypto’s interfaces are still too complex for everyday users. From managing seed phrases to deciphering blockchain transactions, onboarding feels more like navigating a maze than joining a financial revolution. Wallets remain fragmented, unintuitive, and risky.To reach mainstream adoption, the industry must prioritize usability — making wallets and financial tools more accessible — without compromising the core principles of decentralization. Until then, poor UX will continue to hold crypto back.Vitalik Buterin’s Call…

It’s been an exceptionally volatile week, but one measure may be signaling longer-term bullish sentiment for bitcoin. The sell-off in equities began on April 3, spurred by President Donald Trump’s tariff-led uncertainties. Each day since then has been marked by sharp moves in both directions. The panic has hit both the equities and bond markets, while gold has surged to new all-time highs, and the DXY Index has broken below 100 for the first time since July 2023.In response, the S&P Volatility Index (VIX)—often called Wall Street’s “fear gauge” —has surged to its highest level since last August and this…

April—a month marked by extreme market volatility—saw intensifying U.S.-China tensions and a broad selloff in global markets that led to panic selling of almost all asset classes.Amid the chaos, one of the most improbable winners emerged from the strange depth of the crypto market: Fartcoin (FART).The Solana-based memecoin, has rallied nearly 90% in the past week and roughly 300% over the past month, leaving traditional assets — and much of the crypto market— far behind.By comparison, bitcoin (BTC)—the largest and most established cryptocurrency—has been roughly flat over the past week and month, while riskier altcoins like ether (ETH), Solana (SOL)…

Bitcoin (BTC) rose over 1.5% to $84,900 Saturday, looking to break a three-month downtrend after the Trump administration issued new guidance on reciprocal tariffs, listing several exemptions like smartphones, computers, chips and other electronics. These exclusions, published by U.S. Customs and Border Protection, list products from President Donald Trump’s 125% China tariff and his baseline 10% global levy. “The US imports over $60 BILLION of smartphones per year. These exemptions cover some of the most crucial imports in another sign of the U.S. conceding in the trade war. After all, the bond market is forcing Trump to concede,” The Kobeissi…