Bitcoin
Yen Weakness Raises Bitcoin Sell-Off Risk
Japans yen is weakening again despite nearly $97 billion in government support, raising the prospect of further intervention and creating another potential risk for Bitcoin and broader crypto markets. The yen fell to 160.16 against the US dollar on Friday, August 28, surrendering more than half of the gains made since authorities intervened last month.
Sberbank Plans Bitcoin, Ethereum and USDT-Backed Loans
Russias largest lender, Sberbank, is preparing to accept Bitcoin (BTC), Ethereum (ETH) and Tether (USDT) as collateral for loans as the country introduces a new regulatory framework for digital assets. Sberbank Deputy Chairman Anatoly Popov told TASS that the bank intends to allow borrowers to pledge the three cryptocurrencies once the Bank of Russia grants the necessary approval for broader circulation.
Bitcoin Price Holds Near $79K as Bulls Eye $82K Breakout
Bitcoin is consolidating near $79,000 after a powerful August rally, with technical indicators suggesting buyers remain in control despite signs of overbought market conditions. Bitcoin (BTC) is trading around $78,840 after recently climbing above $81,000.
Traders Brace for Market Volatility as Bitcoin Futures Interest Climbs
Bitcoin derivatives traders aren't exactly walking into September with confidence.
Options Bets Turn Defensive Ahead of a Bitcoin Price Showdown
Bitcoin derivatives traders are dragging a hefty book into September, with futures open interest at $54.82 billion while the spot price sits at $78,425 at 7 p.m. Eastern time on Aug. 30. Alongside this, options positioning tells a sharper story.
Dormant Crypto Wallets Begin Moving Millions in Bitcoin
Bitcoin wallets that had laid dormant for more than a decade are being revived. Six wallets that were last active between 2011 and 2014 moved around $40 million in the cryptocurrency between Aug. 16 and Aug. 26, CoinDesk reported Sunday (Aug. 30), citing data from Galaxy Research.
Apple Won't Buy Bitcoin – But Its Payments Network Is Quietly Becoming Crypto's On-Ramp
Tim Cook leaves the executive direction of Apple without having incorporated Bitcoin to the corporate balance sheet. The transition toward John Ternus, a hardware engineer with 25 years of tenure at the company, generates questions regarding the direction the firm will adopt concerning digital assets.
Bitcoin ETFs End Nine-Day Inflow Streak as Ethereum Funds Extend Inflows
Bitcoin ETFs snapped a nine-day inflow streak while Ethereum funds kept attracting capital, signaling a notable split in institutional crypto demand.
Bitcoin posts strongest August performance since 2017
Bitcoin's strong August performance may signal increased institutional interest, but its sustainability amid broader market conditions remains uncertain. Bitcoin posts strongest August performance since 2017.
CEO Jeremy Allaire says Circle built “the platform for the internet financial system”, but cirBTC has only 40 BTC
Circle's wrapped Bitcoin was overcollateralized at its Aug. 27 snapshot, yet WBTC and cbBTC remain thousands of times larger as Arc becomes the next distribution test.
Strategy's Bitcoin Is $2.8 Billion in Profit—Is Saylor Teeing Up a Buy?
A Bitcoin rally to around $79,000 lifted the company's 840,447 BTC roughly $2.8 billion above its cost basis, as Saylor's "We're Back" post fueled speculation that Strategy may resume buying.
Bitcoin Early Adopters Stir as 6,427 BTC Worth $500M Moves in August
Following the Coldcard exploit that occurred 30 days ago in July, the episode and others that followed appear to have rattled many long-term holders, as August brought an enormous wave of dormant coins moving to new addresses. According to the latest metrics, 6,427.
