Bitcoin rebounds after reports the UAE released billions in frozen Iranian assets, sending oil prices lower and crypto markets higher.
The leading cryptocurrency has quietly crossed an important halfway point, starting the countdown to a new four-year cycle under unique market conditions. Less than two years remain until Bitcoin's fifth halving — the scheduled reduction in the issuance of new coins by half.
DIGY11 aims for annual distributions matching Brazil's interbank rate plus 3–5 percentage points, net of costs, though investors' actual returns are not guaranteed.
Bitcoin's weakness near range highs stems from short-term holders trying to break even on underwater BTC investments, Glassnode says.
Bitcoin holds near $64,000 as compressed volatility and mixed on-chain signals point to a possible big price move.
For the third consecutive month, a major inflation print failed to move Bitcoin in either direction.
The inaugural unsecured bonds offer annual interest of up to 4.3%, while exposing investors to metaplanet's credit and bitcoin-linked balance-sheet risks
Bitcoin traders are rebuilding bets on a run toward $70,000 while still paying for protection against a fall to $60,000, showing that softer US inflation data has done little to break the market's defensive positioning. The split held after the Consumer Price Index rose 0.1% in July and 3.
Can Bitcoin turn its biggest bears into forced buyers?
Thursday's inflation release confirmed economist predictions, offering markets modest reassurance while failing to ignite significant upward momentum. Bitcoin experienced minor weakness, equity indices remained largely unchanged, and investors turned their attention to upcoming economic indicators.
On August 13, Metaplanet CEO Simon Gerovich publicly addressed market speculation surrounding significant Bitcoin movements from the Tokyo-based treasury company's wallets.
The July inflation reading arrived precisely in line with analyst predictions, offering markets modest reassurance while failing to ignite significant upward momentum. Bitcoin experienced a marginal decline, equity indices remained largely unchanged, and market participants shifted their attention toward upcoming economic indicators.