Bitcoin finished July on a strong note before losing momentum at the start of August with two straight daily closes below $63,000. The decline has raised fresh caution even as blockchain data points to steady buying around current price levels. That buying activity became clearer in recent on-chain data, which shows roughly 155,000 BTC moved
In brief Jim Cramer says he is selling his Bitcoin after IBM CEO Arvind Krishna told him to get “paranoid” about crypto’s cryptography within three or four years. The warning follows a July 30 IBM and University of Chicago demonstration of verified quantum advantage. Traders invoked the “Inverse Cramer” trade, a pattern so established that
BIP-110 is approaching its first consequential activation boundary. The proposal enters mandatory signaling at block 961,632, currently projected around August 9, 2026. It locks in no later than block 963,648, roughly in late August, and activates its new transaction rules at block 965,664, currently projected for early September. BIP-110 uses a 55% signaling threshold and
Bitcoin Defends $63,500 Support Bitcoin oscillated between $63,300 and $64,300 on Tuesday amid reports that the U.S. Senate could vote on the CLARITY Act this week. Since reclaiming $63,000 shortly after midday on Aug. 3, the cryptocurrency has largely held above that key threshold. In fact, 24-hour data shows that save for two occasions when
Poolin Technology and several affiliates entered Chapter 11 on July 22 with two proposed asset sales, worth a combined $52 million, tied to its West Texas mining sites. Prospective buyer Thor CALAP LLC can terminate either deal over unsatisfactory diligence through Aug. 9, five days before the court’s scheduled hearing on the bidding process and
Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel. Bitcoin price rebounds above $64,000 According to data from crypto.news, Bitcoin ($BTC) price traded near $64,100 late Tuesday, recovering from an intraday low around $63,300 and extending its
In an interview broadcast on “The Wolf Of All Streets,” a well-known channel in the sector, the institutional transformation that the cryptocurrency market has undergone and the price dynamics of Bitcoin were discussed in detail. The program, moderated by Andrew Parish, featured Bitwise Chief Investment Officer (CIO) Matt Hougan, Bitwise Research Analyst Ryan Rasmussen, and
Crypto analyst Ali Martinez shared critical technical levels for Bitcoin, Hyperliquid, and $XRP, noting that the amount of $BTC being moved to exchanges and miner sales could increase selling pressure in the market. According to Martinez, Bitcoin is testing the upper boundary of a descending channel formation. Therefore, the $64,300 level stands out as a
History has a way of repeating itself, and right now, that’s exactly what the market seems to be pricing in. Of course, there’s no guarantee that past events will play out the same way again. But in trading, investors often look at historical patterns and previous cycles to guide their decisions. This sometimes creates the