The taker buy volume was at historically low levels, a condition that has accompanied previous cycle bottoms
The US's strategic embrace of Bitcoin could reshape global financial dynamics, challenging China's stance and influencing digital asset policies. JD Vance emphasizes strategic importance of Bitcoin for US government.
Nike (NKE) closed at $39.09 on Monday. That is its weakest close since September 2014.
A dormant Bitcoin wallet received 8.54 BTC in June 2011 and remained inactive for more than 15 years before moving its holdings. Galaxy Research estimates the coins were acquired at about $14 per BTC and are now worth roughly $538,000, representing a 461,981% gain.
When Austrian crypto exchanges deduct 27.5 percent capital gains tax automatically, which Bitcoin gains are affected and when investors have to declare the income themselves.
Macquarie's significant Bitcoin ETF reduction may signal shifting institutional sentiment or strategic de-risking in volatile crypto markets. Macquarie Group dumps 62% of its Bitcoin ETF position, trimming holdings to $55M.
A Bitcoin address that had remained untouched for more than 15 years has suddenly become active.
Zhibao's Bitcoin-funded placement highlights a shift towards digital assets as strategic reserves, potentially influencing corporate treasury norms. Zhibao Technology completes $154.7M Bitcoin-funded private placement, will hold BTC in treasury.
CleanSpark, BitFuFu and Canaan all reported lower Bitcoin production in July, extending a second straight month of declines. CleanSpark mined 586 BTC, BitFuFu produced 112 BTC and Canaan delivered 46 BTC. BitFuFu's self-mining segment still grew, while CleanSpark expanded its data-center strategy and Canaan continued stabilizing operations affected by wildfire disruptions.
BitFuFu swung to a $20.5 million loss as lower customer demand reduced cloud-mining revenue and forced changes across its operations.
Bitfinex Alpha flags thinning volume and falling ETF flows as bear market pressure builds
Brevan Howard's shift to Bitcoin options highlights evolving institutional strategies, impacting market dynamics and signaling increased sophistication. Brevan Howard slashes Bitcoin ETF stake by 70%, now holds $255M in IBIT.