Everything you need to know about Bitcoin. Read our latest news and technical analysis to understand its market impact.
Bitcoin and Ether Exchange-Traded Funds (ETFs) saw a net inflow of $2.6 billion, marking their strongest week since October. The combined weekly trading volume for these products tripled to $29 billion, coinciding with a price rally for BTC and ETH, despite both assets still showing negative year-to-date performance.
US Consumer Price Index (CPI) inflation, both headline and core, slowed to 3.4%, matching economists' expectations. This alignment contributed to Bitcoin's (BTC) stability, holding near $64,000, while Treasury yields declined. Concurrently, Japanese firm Metaplanet moved 3,881 BTC internally, easing sell-off fears, even as a Harmony exploit impacted other altcoins.
The BIP-110 Bitcoin fork stalled after mining just two blocks, attributed to inheriting the main chain's full mining difficulty with minimal hashpower support, leading to an unviable block rate and potential transactional instability.
Bitcoin's BIP-110 soft fork proposal has entered its mandatory signaling phase upon reaching block 961,632. The initiative faces significant opposition, with less than 3% miner support and rejection from influential Bitcoin ecosystem commentators.
Former Los Angeles Police Department (LAPD) officer Eric Halem has been sentenced to life plus 15 years for the kidnapping of a teenager and the robbery of a hard drive containing $350,000 in Bitcoin, using police vests to gain access to a Koreatown residence.
A reported attack targeting Coldcard hardware wallet users has potentially led to the loss of 389 Bitcoin. Alex Thorn of Galaxy Research indicated that the unconfirmed nature of these transactions might offer a window for affected users to attempt fund recovery.
Trump Media has transferred 2,628 Bitcoin (BTC) to Crypto.com, bringing its total reported sales over seven months to 7,281 BTC and reducing its current holdings to 4,261 BTC.
Bitcoin (BTC) has surpassed $64,000 during Asian trading hours, ahead of an anticipated Federal Reserve (Fed) decision. While most markets expect a rate hold, institutions like Citadel Securities and UBS warn of a potential surprise rate hike, introducing uncertainty for risk assets.
Technical analysis suggests Bitcoin's bear market could end within three months, even as BTC struggles below a critical $64,000 resistance. Geopolitical tensions between the US and Iran are intensifying selling pressure, contributing to the current price correction.
Despite US military strikes in Iran and the reported closure of the Strait of Hormuz, Bitcoin (BTC) and Ethereum (ETH) exhibited only marginal price movements. This stability contrasts with expected volatility during geopolitical tensions, hinting at a potential maturation or decoupling of the crypto market from direct macroeconomic events.
New Hampshire's Executive Council has rejected a $100 million Bitcoin (BTC)-backed municipal bond proposal with a 3-2 vote. This decision prevents the issuance of what would have been the first public debt instrument collateralized by a volatile digital asset, highlighting concerns over crypto asset volatility and the lack of an established regulatory framework for such public sector emissions.
Bitcoin has retreated from a two-week high of $64,500. This movement is linked to a decrease in derivatives open interest and weakened spot demand, raising questions about the sustainability of its 8.4% July advance. A lack of significant buying volume suggests low conviction in the asset's current bullish trajectory.
