Bitcoin and jobs data are on a collision course this week, with the price pinned between $62,200 and $65,000 after the first economic release worked against the bulls. The ISM Manufacturing PMI printed 55.6 on Aug. 3, beating the 54.0 consensus and rising from June's 53.3 to its highest reading since May 2022.
Japan may have spent as much as $36.6 billion buying yen in the first joint US-Japan action to support the currency since 1998. Bitget Wallet's Alvin Kan says it can slow a disorderly slide without reversing the broader trend.
Bitcoin rebounds above $63,000 despite Strategy's 1,638 BTC sale, miner selling pressure and a fourth suspected Coldcard wallet sweep.
Spot Bitcoin and Ethereum ETF flows continue to shape institutional positioning as traders monitor daily movements in major products.
Le marché des cryptomonnaies continue d'évoluer dans un contexte marqué par les incertitudes économiques et les attentes autour de la politique monétaire américaine. Dans ce climat, plusieurs indicateurs alimentent l'idée qu'un retournement pourrait approcher.
The planned Gelephu Mindfulness City says 3iQ will run part of its bitcoin treasury on a market-neutral basis, a shift from holding the coins as a long-term national asset.
American Bitcoin Corp. (NASDAQ:ABTC) CEO Mike Ho sidestepped questions on Monday about selling Bitcoin (CRYPTO: BTC) to fund equity buybacks, a move some other companies in the industry have pursued. American Bitcoin's ‘North Star' During American Bitcoin's second-quarter earnings call, Ho was questioned about the company's treasury management strategy and whether it would contemplate selling Bitcoin to improve business economics, similar to the approach taken by Michael Saylor's Strategy Inc. (NASDAQ:MSTR).
Boltz has disabled Bitcoin, Lightning and Liquid swaps after months of AI-assisted attacks.
Despite an expanding Bitcoin treasury, it's not all good news for American Bitcoin.
Researchers have raised the estimated losses from the Coldcard hack as new victims and additional attack waves are identified.
The crypto market's rebound from recent lows is showing up more clearly in select altcoins, but broad-based ‘altcoin season' momentum remains elusive. CoinMarketCap's Altcoin Season Index held at 51 on Monday (Aug. 4 UTC), keeping the market firmly in a neutral zone and well below the 75 threshold typically associated with a sustained alt-led cycle.
Prominent angel investor and early Uber backer Jason Calacanis has once again taken aim at Bitcoin, saying he would rather invest in projects building real products.