A huge number of companies bought or planned to buy Bitcoin today, displaying an accelerated global trend of corporate acquisition. It’s unclear what impact this growing movement will have on BTC’s ecosystem. Last week, public firms spent $275 million on BTC, while Metaplanet alone nearly equaled this amount. Strategy, Semler Scientific, Genius Group, and more
This is a segment from the Supply Shock newsletter. To read full editions, subscribe. Fifteen years ago exactly, Satoshi released Bitcoin v0.3. Well, it was really yesterday, but it was in the evening, so it counts. The version was Satoshi’s sixth going by this archive of the official bitcoin mailing list. It was bundled with
This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Bitcoin held up over the holiday weekend to notch its highest-ever weekly finish on Sunday at $109,263. The move capped a strong rebound from late-June profit-taking, driven by solid institutional flows and bullish momentum. During the shortened trading week, spot bitcoin ETFs
Strategy’s pause in Bitcoin purchases amid legal scrutiny may signal a shift in corporate crypto investment strategies and risk management. The post Michael Saylor’s Strategy pauses Bitcoin buys as company sees $14B in unrealized gains in Q2 appeared first on Crypto Briefing. The Tysons-based software firm currently holds approximately 597,325 BTC and is rapidly approaching
Bitcoin remains stuck in a tight range between $100,000 and $110,000. A CME futures gap at $108K adds pressure for a retrace as traders watch for a breakout backed by volume. Bitcoin (BTC) is consolidating between two major high time frame levels: $110,000 as range resistance and $100,169 as range support. A recent failed breakout
Ledger’s chief technology officer, Charles Guillemet, has addressed the crypto community in light of the recent sensational transfers of almost $9 billion worth of Bitcoin from Satoshi-era wallets. In his tweet, he unveiled a surprising development that preceded those mammoth Bitcoin moves and offered possible explanations. Mysterious message of “legal notice” — Were wallets truly
Key takeaways BTC is trading below $109k and could retest the $107k region before rallying high. Market analysts believe Trump’s new trade negotiation date of August 1 will make Bitcoin less volatile. The cryptocurrency market was bullish over the weekend, with the major cryptos currently in the green. Bitcoin climbed above $109k on Sunday but
The Bitcoin blockchain is showing signs of declining user activity, despite the coin trading close to all-time highs. Bitcoin is changing hands slightly under $109,000, 2.7% less than its all-time high value, on an uptick of 7% from its 14-day lows, per Coingecko data. On Saturday, only around 5,000 transactions were waiting in the Bitcoin