PowerCompute, a Bitcoin treasury and mining company, added $3.765 million to its debt after an early Bitcoin collar reset involving 307 $BTC. The executed schedule records the unwind cost as added principal rather than cash or $USDC. The company’s Aug. 28 filing disclosed a $21,892,131.88 replacement 30-day collar balance with Arch Lending, up from $18,127,131.88.
Circle’s wrapped Bitcoin product entered the market with unusually strong institutional credentials and almost no visible scale. The company paired cirBTC with segregated reserves, a federally supervised custodian, direct minting and redemption for eligible businesses, and the distribution infrastructure behind $USDC. Circle’s Aug. 27 reserve panel nevertheless showed just 40.02450077 cirBTC outstanding about 11 weeks
After struggling to break past the resistance level at $65K, Bitcoin [$BTC] finally crossed the $80K price threshold. However, at press time $BTC was changing hands at $78,075.19 after over a 2% drop in 2 days. This pushed MSB Intel to throw light on the fact that Bitcoin has historically spent very little time trading
Bitcoin Reclaims Ground After Recent Pullback Presently, at 10:10 a.m. Eastern time, $BTC is trading for $78,650 per coin after touching the 24-hour peak at 9:30 a.m. Its price has been in the green over the last day after the recent pullback, and seven-day stats show $BTC is up 1.8%. Since July 30, bitcoin’s price
Michael Saylor hinted at Strategy’s first bitcoin purchase since June 22 as Bitcoin neared $79,000, up almost 1% over the past 24 hours and more than 2.5% from Friday’s low, followed by Federal Reserve Chair Kevin Warsh’s hawkish Jackson Hole speech. Strategy’s MSTR$127,36·À la clôture executive chairman posted “We’re Back” on X, most likely implying
Crypto analyst Rekt Capital noted that a significant technical resistance has formed around the $80,000 level on Bitcoin’s daily chart, and a hidden bearish divergence is visible between the price and the RSI indicator. According to the analyst, Bitcoin’s lows in February and June 2026 occurred in similar price zones, with the Relative Strength Index
When bitcoin rocketed from around $62,000 to above $77,000 in a matter of days last week, the move wiped out $3 billion from leveraged short sellers who had built up bearish bets during the prior drawdown. But for trading firms, the price hike presented an opportunity – one that had nothing to do with predicting
In the cryptocurrency markets, Bitcoin’s ($BTC) recent surge from around $63,500 to over $80,000 is said to have been supported by strong spot demand rather than leveraged trading. According to an assessment published by QCP Capital, Bitcoin’s current market structure appears healthier than previous speculative rallies. The company states that approximately $2.8 billion in net
Global ETF Demand Could Shape Bitcoin’s Cycle Peak The peak of bitcoin’s current bull cycle could be driven by institutional capital and exchange-traded funds (ETFs) outside the United States, according to Ki Young Ju, founder and CEO of Cryptoquant, a cryptocurrency market analytics platform. He presented the forecast in an Aug. 27 post on X,
Bitcoin Knots is preparing a Sunday rehearsal for a BLAKE2b fork after its previous breakaway BIP-110 chain stalled. On Aug. 29, Bitcoin developer Luke Dashjr told SHA-2 miners to stop mining ahead of an Aug. 30 test that would replace Bitcoin’s SHA-256d proof of work with BLAKE2b on the proposed breakaway network. Dashjr said Bitcoin