Analyst: BTC To Retest $60K Levels In August But Will Recover Quickly Andrey Poroshin presented a new prediction about bitcoin’s price behavior in August. Poroshin, who serves as a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, expects the crypto market to experience a downturn this month, with
Galaxy Research announced the detection of a third wave of attacks believed to target addresses created on Coldcard devices. The latest wave reportedly resulted in the withdrawal of 207.7294 $BTC, bringing the total loss to 1,367.05 $BTC, or approximately $88.6 million, across 4,585 addresses. According to the research firm, the first two waves of attacks
Strategy Chairman Michael Saylor said the company had never made a commitment to never sell its Bitcoins, but expected to remain a net Bitcoin buyer in the long term. Saylor’s statement came after reports that Strategy had received new authorization allowing it to sell up to $5 billion worth of Bitcoin. Responding to these claims,
Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced
An investor who owns Bitcoin through a brokerage account can finish work on Friday, check the closing price of a spot ETF, and assume the position is done moving for the week. Bitcoin, however, has other plans. Between Friday’s close and Monday’s opening bell, Donald Trump can announce a tariff, a war can escalate, oil
The cold wallet that many crypto holders treated as the ultimate vault has just cracked open a debate the market wasn’t ready for. A Coldcard firmware exploit—targeting a device explicitly marketed as air-gapped and self-custodial—has sent Bitcoin’s social commentary into a historic tailspin. According to the Santiment update, Bitcoin’s positive-to-negative commentary ratio across X, Reddit,
Saylor Pushes Back on Viral Bitcoin Sale Claim Strategy Executive Chairman Michael Saylor pushed back Aug. 1 on reports that Strategy Inc. (Nasdaq: MSTR) had newly authorized up to $5 billion in bitcoin sales. His response followed a widely circulated social media post that presented the company’s existing capital-management framework as a fresh decision, prompting
Bitcoin ($BTC) is going through one of the key turbulent sentiment periods. In this respect, Bitcoin ($BTC)’s positive-to-negative commentary ratio has slumped to the lowest levels across Telegram, Reddit, X, and other such social media platforms. As per the data from Santiment, the Coldcard firmware exploit is the leading incident that has shocked traders. Particularly,
A Third Wave Expands the Damage Galaxy Research disclosed on X that the three suspected waves drained about 4,585 addresses and captured bitcoin worth approximately $88.6 million at the time of its analysis. The research group cautioned that its findings are preliminary and based entirely on publicly available Bitcoin blockchain data. Another dashboard called Coldcard
Michael Saylor explained that it is mathematically impossible for BIP-110 to reach the 55% volunteer support threshold in the current Bitcoin mining difficulty cycle. According to data shared by Saylor, a total of 946 blocks were generated up to block number 960,561 during the current difficulty adjustment period. Only 24 of these blocks had the