Hyperscale Data has sold about 100 Bitcoin and secured a BTC-backed credit facility to finance construction of its artificial intelligence data center in Michigan.
The scam highlights vulnerabilities in digital communication, emphasizing the need for enhanced cybersecurity measures and public awareness to prevent fraud. China Business Journal warns of fraudsters demanding Bitcoin payments in impersonation scam.
Following the Federal Reserve's decision to hold interest rates steady, Bitcoin briefly surged past $65,000 to a daily peak of $65,100 before facing selling pressure. It settled around $64,700, pushing its market cap to $1.3 trillion and keeping it on track for an over 10% gain in July.
Scott Bessent urged the Senate to immediately vote on the crypto market structure bill, accusing Democrats of delaying the legislation for political reasons.
The decline in inflation could prompt more accommodative Fed policies, potentially boosting risk assets like Bitcoin if trends persist. Bitcoin holds steady as Fed's inflation gauge posts first decline in six years.
Bitcoin dropped 32% during the first half of 2026, according to a report by Binance Research. The analysis further indicates that the asset has recorded its third consecutive quarter of declines.
The on-chain tracker Whale Alert recorded the transfer of 500,000,000 USDT from Binance's hot wallet to Tether's treasury. The movement coincided with a local recovery in Bitcoin's price, reaching a level of $64,964 on the Bitstamp platform.
Strategy's pause in Bitcoin purchases raises concerns about its financial strategy, potentially impacting investor confidence and market dynamics. Strategy investors question future plans after five-week Bitcoin pause.
Shareholders approved liquidation and delisting, but the record time fixes participation, not payment or court approval.
The advance reflects IBM's continued progress toward machines powerful enough to challenge today's cryptography.
Hyperscale Data sold 100 BTC and secured Bitcoin-backed financing at 4.5% to 5.0% variable rates to fund its Michigan AI campus. The agreement covers 20 megawatts, could produce more than $1.2 billion, and may exceed $3 billion if capacity and extensions are exercised.
The ETF outflows leading up to the rate decision were termed as temporary de-risking.