Publicly traded Fold sold Bitcoin holdings to restructure its balance sheet, fueling a stock surge on Wednesday morning.
Bitcoin rose above $62,000 after the latest US inflation report gave traders enough relief to step back from a deeper test of the $60,000 level.
One of the few analysts who accurately called Bitcoin's 2025 top says BTC will likely form a bottom in the near term. The pseudonymous analyst KillaXBT tells his 206,800 followers on X that Bitcoin is likely to trade sideways in the coming months before setting the stage for a massive breakout based on historic precedence.
Strive's Bitcoin-focused strategy could redefine corporate treasury norms, but it also heightens exposure to cryptocurrency volatility risks. Strive CEO Matt Cole commits to aggressive Bitcoin acquisition strategy.
The ban on Bitcoin ATMs in Delaware could push crypto transactions to less regulated avenues, increasing risks for certain user demographics. Delaware advances bill to ban predatory Bitcoin ATMs statewide.
Lawmakers have advanced legislation that would ban all cryptocurrency kiosks statewide, with physical removal mandated within 90 days.
Botanix announced it will shut down its Bitcoin Layer 2 network on July 9 and urges users to withdraw their funds before that date. The project processed 25 million transactions across 200,000 wallets during its operations, but fee revenue proved insufficient.
Fold's strategic debt management and Bitcoin treasury maneuvers enhance financial flexibility, positioning it for sustained growth and investor confidence. Fold sells $45M in Bitcoin to repay debt and fund growth.
The fading peace prospects highlight the evolving dynamics of safe-haven assets, questioning gold's dominance and Bitcoin's emerging role. Gold falls over 2% as Middle East peace hopes fade, raising questions about Bitcoin's safe-haven role.
Mike McGlone, a commodity strategist at Bloomberg Intelligence, has flagged ‘a 100-year pump-then-dump risk signal' for US stocks and Bitcoin (BTC).
More than half of Bitcoin supply is underwater as K33 sees $60K near a cycle bottom, though history leaves room for one final price decline.
Botanix Labs is shutting down its Bitcoin Layer 2 network after concluding that demand for Bitcoin-native DeFi was insufficient to sustain the project's economics.