Coindesk

8 Posts
Coindesk
Coindesk
· May 22

Bitcoin Smashes Past $111K, Setting New Record Highs, on Institutional Fervor

Bitcoin (BTC) surged past $111,000 for the first time, reaching an all-time high driven by increased institutional investment and public companies adopting BTC as a treasury asset. Major cryptocurrencies like XRP and Dogecoin showed little movement, while ETF inflows reached $3.6 billion in May alone, indicating strong institutional demand. Options...
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Business
Coindesk
Coindesk
· May 10

Dogecoin Surges 10%, Bitcoin Nears $104K Amid Renewed ‘Risk-on’ Sentiment

Bitcoin surged past $100,000, nearing $104,000 for the first time in over two months amid improving macroeconomic sentiment and Ethereum’s successful Pectra network upgrade. Altcoins saw gains led by Dogecoin’s 10% rally and Ethereum’s 3.5% rise, while other major cryptocurrencies like Solana, Cardano, XRP, and BNB also experienced increases of...
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Business
Coindesk
Coindesk
· May 8

Bitcoin Nears $100K as Trump Teases ‘Big’ Trade Deal

Bitcoin neared $100,000 as President Donald Trump announced an imminent tariff deal with a “big, highly respected country,” possibly the U.K. The trade agreement is expected to ease inflationary pressures and improve conditions for investing in crypto, tech, and other risk assets. Bitcoin’s recent rally, up over 5% in 24...
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Business
Coindesk
Coindesk
· May 7

Bitcoin Races Above $97K on U.S./China Trade Deal Progress

U.S. Treasury Secretary Scott Bessent announced plans to meet Chinese officials in Switzerland to discuss trade issues, signaling a potential easing of tariffs between the two nations. China’s Ministry of Commerce confirmed their willingness to engage with the U.S. after assessing national interests and global expectations. The positive signals from...
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Business
Coindesk
Coindesk
· May 5

SHIB Plunges 7.4% in One Week, but Market Sentiment Remains Cautiously Optimistic

Shiba Inu (SHIB) experienced a 7.4% decline, testing a critical support level at $0.0000127 after significant selloffs in early May. Despite volatility, institutional interest is growing, with 109 new millionaire SHIB wallets added in April 2025, totaling 860 millionaire addresses. Futures open interest nearly doubled in April, indicating cautiously optimistic...
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Crypto