The incident underscores the critical need for robust security measures in hardware wallets, potentially boosting multi-signature adoption. Coinkite reports $38M in Bitcoin drained due to Coldcard key generation flaw.
Bitcoin is ending July 2026 with a solid gain of around 9.93%, completing a long-awaited reversal after the heavy declines of May and June. The leading cryptocurrency briefly climbed above $65,000, but historical statistics by CryptoRank and technical indicators are warning investors that it may be too early to celebrate, with the most treacherous month of the year still ahead.
The largest corporate bitcoin holder now sits $9 billion underwater on 843,775 coins, has sold bitcoin for the first time in four years, and is funding preferred dividends from the asset it promised never to sell.
KULR Technology Group, Inc. (NYSE: KULR), a developer of advanced battery and thermal management solutions for aerospace, defense, and other high-performance applications, has liquidated a portion of its Bitcoin treasury to clear outstanding obligations under a credit arrangement with Coinbase Credit, Inc.
Bitcoin fell below $64,000 as roughly 149,000 options worth $9.6 billion expired with maximum pain fixed at the same key level. Call-heavy positioning favored higher strikes, but weak demand prevented BTC from sustaining gains above $65,000 and left price action pinned near expiry.
The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGC-backed shipping controls.
As July ends, the options market is reflecting a major shift in positioning. The $60,000 bitcoin BTC$63,822.89 put option, a position protecting against a price drop, is now the most popular bet on Deribit, the world's largest crypto options exchange.
BlackRock, a leading asset management firm and one of the top-performing Bitcoin ETF-issuing firms, has added to its Bitcoin stash with another purchase.
BTC fell as July drew to a close, even as stocks gained in Asia and U.S. index futures advanced. The CoinDesk 20 index is set to post its biggest gain since July 2025.
Bitcoin Archive's self-custody criticism renews debate over wallet UX, seed phrases and whether technical barriers hinder adoption.
The cryptocurrency market traded in a mixed range on Thursday, with Bitcoin (BTC) and Ethereum (ETH) edging higher while their combined share of total market value slipped—an early sign that some capital may be rotating into major altcoins despite a cooler derivatives backdrop. As of 07:07 UTC on July 31, Bitcoin was changing hands at $64,145.86, up 0.29% over the prior day, according to data from TokenPostMarket.
Bitcoin mining difficulty sits 19.9% below its peak as hashrate falls, fees stay weak and AI deals lift listed miner stocks.