Bitcoin holds $64K as ETF flows turn, Iran tensions cap the rally, and all eyes shift to the July 28–29 Fed meeting. Here's your weekly wrap.
In 2014, the ETA's CEO predicted traditional payment firms would partner with Bitcoin startups. A decade later, the industry chose stablecoins instead.
Electronic Transactions Association (ETA) CEO, Jason Oxman, indicated that members of his organization might start recognizing Bitcoin's disruptive potential, suggesting that this might lead to more partnerships between traditional electronic payment providers and Bitcoin startups.
Bitcoin Japan Corporation raised $60M via convertible bonds but will allocate just 7% to Bitcoin, with 95-110% share dilution spooking investors. Bitcoin Japan raises $60M but plans to spend just 7% of it on actual Bitcoin.
Galaxy Digital CEO Mike Novogratz believes Bitcoin could climb to $100,000 if three key catalysts fall into place: the passage of U.S. crypto legislation, Federal Reserve interest rate cuts, and a revival in investor demand.
For more than fifteen years, a question has continued to fuel discussions in the cryptocurrency ecosystem: what really happened with Bitcoin and its creator, Satoshi Nakamoto? While debates around the BIP-110 proposal still divide the community, Adam Back revisited this enigma during an exchange on X.
Bitcoin may be wrapping up its bear market.
Coinbase CEO Brian Armstrong says Bitcoin bottomed at $60,000, citing halving cycles. But on-chain data and community polls suggest the market isn't Coinbase CEO Brian Armstrong says $60,000 is Bitcoin's bottom.
Miner wallets gained $4.7 billion in value, though price appreciation tells part of the story.
Whale wallets sold 72 BTC and opened a 20x leveraged long position on 12,000 ETH on Hyperliquid, signaling a major rotation from Bitcoin to Ethereum. Whales dump 72 BTC to open 20x leveraged long on 12,000 ETH.
Bitcoin has flashed an “end of bear market” signal after its short-term holder cost basis fell below the adjusted long-term holder level. The crossover mirrors previous bitcoin cycles, suggesting the market may be entering the final stage of its bear phase.
Bitcoin nears a $66K breakout as new buyers strengthen support, while $69K remains the broader test.