Trump Media-linked wallets moved 2,628 BTC worth $165 million to Crypto.com, leaving 4,261 BTC as estimated losses reached $555 million.
Bitcoin trades at $64,012.96 as Strategy posts an $8.2 billion Q2 loss on unrealized BTC holdings. Key support at $60,000, resistance at $65,000 — here's what the data shows.
Trump Media Technology offloaded 2,628 BTC worth $165.07 million, realizing $145 million in losses.
A $20 billion AI hedge fund gained 439% through June, lost roughly two-thirds of its value in July, and sold most of a $16 billion public-stock portfolio as leverage turned against it.
While weekend news feeds remain quiet, an important scenario is unfolding on the charts at the start of August as Bitcoin is attempting to form a reversal, but Ethereum is technically one step ahead.
Bitcoin tests $60,000 support as resistance near $63,500 raises downside risk, while a cycle model points to a possible $40,000 bottom.
Michael Saylor's Strategy could sell up to $5B in Bitcoin to fund reserves, dividends, and buybacks after reporting an $8.22B Q2 loss.
The July 28 futures snapshot shows a split reset, with trader motives and broader bullish confirmation still unresolved.
Bitcoin (BTC) may be entering another difficult August after a technical sell signal emerged just as the cryptocurrency enters a month that has historically produced weak returns.
The suspected Coldcard exploit continued expanding as investigators link more wallets and Bitcoin to the broader attack.
After making a respectable gain in July, Bitcoin entered August, but historical data indicates that the market may be about to enter one of its most erratic times of the year. Although July has historically been a positive month for Bitcoin, August has performed inconsistently in prior market cycles, so the upcoming weeks will be crucial in determining whether the recovery can continue.
Crypto news today: the Fed split 9-3, a Coldcard flaw drained $70M in BTC, and ETFs turned red. Here is the full week and what lands next.