Bitcoin logged 2.27 million new wallets and 751,000 active wallets this week, its strongest onchain activity in months, as holders raced to move funds off Coldcard hardware wallets following a firmware exploit that has drained more than $116 million.
The surge in Bitcoin ETF inflows highlights growing investor preference for regulated, institutional-grade custody amid security concerns. Bitcoin ETFs pull in $1B in weekly inflows, best performance since April.
U.S. spot Bitcoin ETFs attracted $853.5 million during five consecutive inflow sessions as August demand reversed the previous week's withdrawals. Bitcoin ETF inflows reverse previous week's withdrawals U.S. spot Bitcoin ETFs opened August with $170.
Bitcoin (BTC) balances across major centralized exchanges recorded a modest net outflow over the past 24 hours, even as weekly and monthly figures continued to show net inflows—an on-chain mix that can signal short-term repositioning rather than a clear shift in broader market custody trends. According to CoinGlass data as of Aug. 8 at 04:30 UTC, total BTC held on leading exchanges stood at approximately 2,488,591 BTC.
Morgan Stanley's spot Bitcoin ETF added approximately 232.5 BTC worth $15.05 million as Bitcoin traded below $65,000, lifting the fund's holdings above 6,500 BTC for the first time.
Bitcoin traded near $65,000 heading into the weekend, sitting at the center of two macro forces pulling in opposite directions. The Aug. 7 jobs report weakened the case for a September rate hike, and tensions around the Strait of Hormuz threaten to revive the inflation trade that the report just cooled.
AI-driven financial innovation could reshape corporate strategies, but heavy reliance on volatile assets like Bitcoin poses significant risks. Strategy raises $15B using AI-designed financing tools to fuel Bitcoin buying spree.
Bitcoin price held near $65,000 on Aug. 8, but its failure to reclaim the short-term holder cost basis left the recovery exposed to renewed selling. Bitcoin price struggles to hold above $65,000 According to data from crypto.
Institutional capital continues to flow into cryptos despite volatility that keeps retail investors on the defensive. On Thursday, ETFs backed by bitcoin and Ether recorded more than $220 million in net flows, confirming the intact appetite of traditional finance for these assets.
Bitcoin is knocking on the door of a key resistance zone. A clean break opens the path much higher, while losing a nearby floor risks a fast slide down.
A severe security vulnerability in BTCPay Server was actively exploited Friday evening, resulting in the theft of Bitcoin from Lightning Network nodes and prompting emergency warnings for users to either apply critical updates or take their systems offline.
Bitcoin surged to its August peak on Friday following disappointing US employment statistics that altered market expectations regarding Federal Reserve monetary policy decisions.