Bitcoin: The supply held by long-term investors has just reached a record of 16.64 million BTC. Full analysis!
Bitcoin (BTC) is hovering in the mid-$65,000 range, and traders are increasingly focused on whether the market can hold the psychologically important $65,000 area—or reclaim a heavy supply zone near $65,900 that could determine near-term direction. As of Wednesday ET, BTC was trading around $65,825, according to Binance data cited in a weekly price ‘residence' heatmap analysis.
Hashi, a Bitcoin finance infrastructure built on the Sui blockchain, said Thursday it has officially launched its public testnet—an early milestone it says will accelerate the buildout of an institution-grade onchain credit and lending market for native Bitcoin (BTC). The testnet release gives builders, financial institutions, and infrastructure providers a live environment to develop, integrate, and stress-test BTC-backed financial applications under conditions that more closely resemble production.
Geopolitical risks, rising rates, and fresh regulatory setbacks send crypto lower as key Democrats demand stronger safeguards in the market structure bill.
The Louisiana State Employees' Retirement System manages a total asset pool of $16.3 billion. The public institution raised its stake in the company Strategy to 21,300 common shares (MSTR). The accumulated position represents an allocated value of approximately $2.13 million within the fund's portfolio.
Japan could launch its first Bitcoin ETF by 2028 as regulators revise fund rules, with potential inflows reaching up to ¥3 trillion in Japan
Irans renewed warnings over the Strait of Hormuz have rattled global financial markets, sending oil prices higher while weighing on Bitcoin as investors assess the potential impact of escalating Middle East tensions. The latest market reaction followed strong statements from senior Iranian officials after reports of possible attacks on the countrys infrastructure.
Tesla (NASDAQ: TSLA) kept its bitcoin holdings unchanged during the second quarter, maintaining a treasury of 11,509 BTC despite a sharp decline in the cryptocurrencys price over the period. The electric vehicle maker recorded a $112 million after-tax impairment on its digital asset portfolio as bitcoin fell during the quarter, according to its latest earnings report.
The dominant narrative in development forums and institutional investment committees takes for granted that prepaid cards payment instruments, typified by the paysafecard model, are a functional relic condemned to obsolescence. It is assumed, from a perspective of technological determinism, that the decentralized settlement layer of cryptocurrencies will eventually absorb all monetary use cases.
S&P Dow Jones Indices and Pantera Capital have launched an 18-asset crypto index that excludes Bitcoin and ranks eligible blockchain networks by the protocol revenue generated during the previous two quarters.
U.S. spot Bitcoin ETF inflows extended their recent streak, underscoring renewed 'institutional demand' for Bitcoin (BTC) even as regulators and lawmakers continue to debate how digital assets should be governed. The moves come alongside fresh warnings from the U.S. Securities and Exchange Commission (SEC) about onchain product design, a new push by Coinbase ($COIN) for clearer U.S. rules, and a string of security incidents that highlight the sector's operational risks.
Bitcoin prices fluctuated close to $65,000 on Wednesday, July 22, as analysts pointed out key technical levels that traders should monitor.