The short squeeze sparked the rebound, but ETF and on-chain data suggest broader demand is now helping.
Bitcoin's rally drew $2.8 billion in ETF inflows as futures leverage fell, though inflation and renewed fund outflows pose risks.
Bitcoin's dormant supply is showing fresh signs of activity after another long-inactive wallet moved coins that had been untouched since 2011.
Russia's dominant banking institution is entering the cryptocurrency-backed financing sector as the country's regulatory framework evolves. Here's a comprehensive look at the developments.
Bitcoin has retreated to the $78,000 zone after reaching a three-month peak of $81,500 earlier in the week. The cryptocurrency has still managed to post approximately 31% gains since its August 1 price point of $62,229.
Price moves will not trigger margin calls, but 60 days of delinquency can put the pledged Bitcoin at risk of sale.
UNI is today's top performer, skyrocketing by over 11%.
What does Capital B's latest funding round mean for existing shareholders?
Sberbank targets BTC, ETH and USDT collateral as Russia opens regulated crypto markets Sept. 1.
Bitcoin's $80K rally gains $2.8B ETF support as rising Fed hike odds add fresh macro pressure ahead.
Cryptoquant founder Ki Young Ju says bitcoin's current bull cycle could peak as institutions and ETFs expand beyond the United States. He expects deeper stablecoin liquidity and tokenized asset infrastructure to widen global access.
Billionaire Mark Cuban is skeptical about Bitcoin's recent summer rally, during which it has soared 25%. Bitcoin can behave like both a safe haven asset and a risk asset.