Bitcoin (BTC) hit ten-day lows at Tuesday’s Wall Street open as BTC price action followed a US stocks sell-off. Key points: Bitcoin price action reacts to contagion from an Asia stocks sell-off as it hits US markets. Chip makers are at the epicenter of the reversal with South Korea’s KOSPI Index closing the day down…

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“The next cycle will be dominated by licensed exchanges and institutional capital,” one analyst predicted. The cryptocurrency market has been stuck in a prolonged bear market for several months, while in the last few days, some well-known exchanges announced they will shut down operations. This sounds like concerning news that could trigger additional panic…

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Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Key points: Bitcoin approached new local highs with the start of the week’s first US trading session. Stocks also opened higher amid relief over a hiatus in the US-Iran war and potential progress on reopening…

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Key Takeaways KB Kookmin Bank will launch Kinexys-based USD payments to 10 countries next month. Parent KB Financial Group holds $552.76 billion in assets, Asia-Pacific’s 28th-largest lender. Kinexys has processed over $4 trillion cumulatively, with daily volume exceeding $7 billion. What Was Announced Exactly KB Kookmin Bank, a unit of KB Financial Group, will roll…

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Bitcoin developers need to swallow their pride and outline a clear plan to harden the blockchain against quantum computing attacks, according to Capriole Investments founder Charles Edwards. He says the day they finally bite the bullet, the price will respond very quickly. “If the Bitcoin core team says in two or three months: ‘this is…

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Key Takeaways Michael Saylor published a 38-work curriculum requiring up to 953 hours of reading. The program spans history, economics, technology, war, and concludes with Bitcoin. The curriculum includes Saylor’s own book, The Mobile Wave, alongside works from prominent historians and economists. Saylor Explains Why He Published the Curriculum Strategy Inc. (Nasdaq: MSTR) Executive Chairman…

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Bitcoin (BTC) fell more than 1.6% on Friday as its latest price correction accelerated after Wall Street opened. Key points: Bitcoin price downside pressure mounts on the back of multiple macro headwinds. US bond yields further a hawkish pivot in Fed interest-rate expectations. BTC price analysis sees a Binance “plunge protection team” attempting to shore…

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Key Takeaways Strategy unveiled new bitcoin metrics July 24, including Net BTC and BTC Hurdle ARR. Strategy holds 843,775 BTC bought for $63.69 billion at an average $75,476 per coin. BTC Floor ARR now shows the minimum annual bitcoin return needed to sustain Strategy’s 1.0x BTC Rating. A New Financial Language for Bitcoin Michael Saylor…

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Crypto-focused asset manager Grayscale said that Bitcoin’s price may have bottomed earlier than the traditional four-year cycle, which would imply a cycle low in September or October.  Grayscale’s head of research, Zach Pandl, argued that Bitcoin (BTC) has “grown up” as an asset and is increasingly driven by macroeconomic factors.  “If the Fed forgoes rate…

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Key Takeaways Stand With Crypto said its members have contacted lawmakers 950,000 times in support of the CLARITY Act. Brian Armstrong said the bill could reach the full Senate floor within weeks. The legislation would clarify federal oversight of digital assets, add consumer safeguards, and impose ethics restrictions on senior federal officials and members of…

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