Bitcoin trades near $64,000 heading into the most consequential US macro week of August, sitting almost on top of the market’s largest nearby demand concentration. The Aug. 12 inflation report, due less than 48 hours out, will help decide whether that floor holds or gets tested. Glassnode’s latest on-chain map puts that demand shelf at
Bitcoin price slipped below the $64K mark. The bearish crossover is active, and the downtrend accelerates. The largest asset, Bitcoin ($BTC), slipped below the $64K mark and is currently trading at around $63,981. Its daily trading volume has surged by over 50% to $21.78 billion. Moreover, this session ranged between $63,752 and $65,316, with $49.61
Bitcoin price has fallen about 1.8% over the past 24 hours to around $63,950 after another attempt to hold above $65,000 failed, and sellers pushed $BTC back toward its immediate support zone. According to CoinGecko data provided for this report, Bitcoin traded as high as roughly $65,300 during the latest 24-hour period before sliding to
Blockchain tracking platform Onchain Lens reports that crypto prime brokerage FalconX has deposited a total of 300 Bitcoin ($BTC) to Coinbase across two separate transactions. The first transfer of 200 $BTC occurred roughly six hours prior to the latest move, followed by an additional 100 $BTC sent minutes ago. Combined, the deposits are valued at
The minority chain mined two blocks in eight hours, then froze. With 99.85% of hashpower on the original chain, the Reduced Data Temporary Softfork is the most decisive governance rejection since SegWit2x. Its backers are now talking about replacing the miners entirely. Bitcoin’s latest governance crisis lasted about eight hours. On the morning of August
In a significant on-chain move, an anonymous Bitcoin whale has transferred 1,274 BTC — valued at approximately $81.5 million — to major crypto trading firms Cumberland, FalconX, and Galaxy Digital over the past seven hours, according to blockchain tracking platform Lookonchain. Such transfers to OTC desks or prime brokers are often interpreted as a precursor
David Schwartz, chief technology officer at Ripple and one of the key architects of the XRP Ledger, weighed in strongly on the recent controversy surrounding the failed activation of Bitcoin Improvement Proposal 110 (BIP-110). Bitcoin Knots faces criticism over chain split narrative Schwartz delivered a pointed response to a statement by Bitcoin Knots, a Bitcoin
With Bitcoin [$BTC] attempting to stabilize near $65,200, Short-Term Holder (STH) behavior is becoming increasingly important for its recovery. In fact, at the time of writing, the 30-day STH SOPR had risen to 0.997, placing it just below the neutral 1.0 threshold. The fact that STHs are making a small loss on sales right now
BlackRock’s head of digital assets, Robbie Mitchnick, said investor sentiment toward Bitcoin has improved noticeably over the past month, according to The Block. He also noted that Bitcoin began decoupling from stocks earlier this year, showing relative strength when AI-related shares faced a sharp correction in July. What the Decoupling Means for Investors Mitchnick said
Institutional demand for bitcoin-backed loans is accelerating as lenders are offering larger facilities, longer maturities and more tailored terms. MARA Holdings (MARA) provided one of the clearest examples this month, pledging 18,750 $BTC to secure $600 million through two term loans from Coinbase Credit and Two Prime Lending. The collateral, representing roughly 53% of Marathon’s