Bitcoin has spent weeks oscillating between roughly $60,000 support and $66,000-$67,000 resistance, frustrating both bullish and bearish traders. Even with all the macro news and ETF developments, the market has failed to establish a sustained trend. However, this points to an important lesson: some of the biggest trading losses occur not during crashes or rallies,
In a Diary Of A CEO interview with Steven Bartlett, Strategy Executive Chairman Michael Saylor has said Bitcoin ($BTC) represents “Digital Capital” and artificial intelligence (AI) represents “Digital Intelligence.” Saylor described them as the technologies reshaping finance, business, and productivity. He said also the combination of scarce digital assets and AI could create new economic
Bitcoin fell below $65,000 on Thursday after stronger-than-expected U.S. jobless claims data reinforced concerns that the Federal Reserve could keep interest rates elevated. Bitcoin price rejected near $65,000 According to data from crypto.news, Bitcoin ($BTC) price traded at $64,384.27 at press time, marking a 0.69% decline over the previous 24 hours. The pullback followed another
A bitcoin wallet that had been dormant since 2011 moved nearly 50 $BTC worth about $3.2 million on Thursday, shifting the coins to an address with a history of sending bitcoin to institutional crypto brokerage FalconX. The wallet received the coins on July 16, 2011, when bitcoin traded around $10, and had not spent them
Bitcoin whales accumulated 38,000 $BTC through accumulation addresses, reducing the amount of available supply on exchanges. The estimated average purchase price is near $70,000, creating a critical market level. Analysts believe the move could represent long-term confidence or an attempt to recover losses, making whale activity a key factor for Bitcoin’s next direction. Large holders
Market Momentum and Intraday Volatility Bitcoin nearly reached $65,000 on Thursday as the cryptocurrency’s gradual rise, albeit a slower one since the start of the month, showed no signs of slowing. Although selling pressure weighed on the market at times, bitcoin’s daily chart showed support above $64,500 during pullbacks. However, bitcoin slipped below that threshold
Developed by Breez in partnership with Bitcoin Spark, the Glow app lets users send stablecoins from their Bitcoin balance, while empowering developers to build better user experiences without having to worry about the difficult parts of building on top of Bitcoin. Breez’s SDK takes care of asset exchange in the background while supporting lightning payments
BIP-110 Faces Its Moment of Truth At block 961,289 on Thursday morning, Bitcoin sat roughly 343 blocks from BIP-110’s mandatory signaling phase. The bip110.org/monitor dashboard showed just 41 supporting blocks among 1,674 counted in the current period, leaving signaling at 2.45%. The mandatory window was projected to begin Aug. 8 at approximately 5:16 p.m. EDT.
Credit unions now have a production-ready path to offer Bitcoin and other digital asset services without relying on outside platforms after DaLand CUSO and Circuit, an 80-member credit union collaborative, announced that Circuit’s Digital Asset Initiative has moved into implementation. The program grants participating institutions access to DaLand’s CODE Engine and Coin2Core technology, which integrates