Category: Bitcoin
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Strategy Remains Committed to Bitcoin Buys Despite Recent BTC Sales, CEO Says
Strategy CEO Phong Le said the company plans to resume accumulating Bitcoin later this year, even after shifting business priorities prompted it to sell portions of its holdings in moves that drew scrutiny from the market. In a Monday interview with FOX Business, Le said Strategy had purchased around 175,000 Bitcoin since the beginning of…
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Bitcoin Sets New August High Into Key US CPI Inflation Data
Bitcoin starts the week with new August highs as traders weigh the impact of crunch US inflation data. Key points: US CPI and PPI data comes amid fluctuating bets on Federal Reserve interest-rate hikes in 2026. The Japanese yen remains at the forefront as it creeps back toward the key 160 level against the US…
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CLARITY Act Odds Sink as Senate Delay Threatens 2026 Crypto Vote
Key Takeaways Polymarket prices the CLARITY Act at 21% to become law by Dec. 31. Galaxy Research previously cut its 2026 passage estimate from 50% to 30%. The Senate filed a cloture motion Aug. 8 without holding a floor vote. Why Is the CLARITY Act Priced at 21%? Polymarket traders assigned the Digital Asset Market…
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BIP-110 Begins Mandatory Signaling on Bitcoin
Bitcoin Improvement Proposal 110 entered its mandatory-signaling phase at block 961,632 on Saturday, with miners signaling support in just 51 of the preceding 2,016 blocks, or 2.53%, well below the 55% threshold required for early activation, according to the BIP-110 monitor. Starting at block 961,632, nodes enforcing BIP-110 began rejecting blocks that did not set…
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Circle Renews Coinbase USDC Deal and Rules Out Dividends
Key Takeaways Circle renewed Coinbase’s USDC deal as Q2 revenue reached $701M, preserving a key distribution channel. USDC ended Q2 at $73.3B as Circle’s 150+ partnerships widened competition in stablecoin distribution. Circle ruled out quarterly dividends, betting reinvestment can deliver stronger shareholder returns in 2026. Circle Says No to Quarterly Dividends as Growth Takes Priority…
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Binance BTC Trading Volume Ratio Hits Record Amid Spot, Futures Split
Bitcoin (BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance. Key points: Bitcoin daily spot trading volumes on Binance are diverging from futures more than ever. Spot demand has declined in recent months, while futures demand is still net positive, per data from CryptoQuant. Options traders are hedging for…
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Sui Signals Q1 2027 Mainnet Upgrade to Avert Quantum Threat
Key Takeaways Sui is adding quantum-resistant signatures to protect user accounts and vaults from future quantum threats. Users can seamlessly upgrade without changing addresses or moving assets, reducing user friction and cost. Sui plans to roll out quantum-safe vaults by year-end, preempting NIST’s 2030 cryptography deprecation. Sui Announces Quantum Prevention Signature Work While large projects…
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Bitcoin Treads Water As Gold, S&P 500 See Significant Gains
Bitcoin stayed wedged at $64,000 on Wednesday’s Wall Street open as gold hit six-week highs. Key points: Gold analysis eyes Chinese demand as the precious metal hits its highest levels in six weeks. Bitcoin (BTC) sees a second day of lackluster performance against US stocks as the S&P 500 index builds on all-time highs. China…
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Bitcoin Hovers Near $64,000 While Coldcard Losses Top $116M
Key Takeaways Coldcard theft losses topped $116 million this week, with a fourth wave moving 388.9 BTC in one evening. Developer James O’Beirne’s tripwire wallet with no added entropy was swept by attackers within an hour. Capriole pegs bitcoin’s production cost at $54,000, a floor bulls cite with BTC chopping near $64,000. A Week of…
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Coldcard Urges Users to ‘Carefully Move Funds’ as Exploit Losses Mount
Some reports claimed that the stolen money is somewhere around $130 million already. And, it’s still increasing. Just a few days after admitting to a key vulnerability that left millions and millions worth of BTC in jeopardy, the team behind the self-proclaimed ‘best bitcoin hardware wallet’ published a key message urging users to migrate…
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