Bitcoin Rebounds Bitcoin briefly tapped $65,000 on Tuesday even as geopolitical tensions in the Middle East entered a critical phase following the expiration of the 60-day memorandum of understanding between the U.S. and Iran. However, before its sudden spike, bitcoin traded above $64,000, having reclaimed that threshold Monday afternoon. Market data show it held above
Anthony Scaramucci believes Bitcoin’s current bear market could be a sign of strength. He has argued that the cryptocurrency has avoided the much deeper drawdowns that were typical for the previous bear market cycles. During his conversation with CNBC’s Andrew Ross Sorkin from the SALT Conference’s Wyoming Blockchain Symposium, the SkyBridge Capital founder said Bitcoin
Farside’s currently reported $137.3 million U.S. spot Bitcoin ETF inflow on Aug. 17 rested heavily on Fidelity, leaving the session short of a market-wide demand signal. Fidelity Wise Origin Bitcoin Fund, or FBTC, supplied $111.9 million, equal to 81.5% of the displayed total, according to Farside’s live table. ARKB added $14.2 million and MSBT added
Bitcoin has risen above $64,600 after U.S. President Donald Trump said Washington is not holding talks with Iran, while conflicting claims over the Strait of Hormuz kept oil above $91 per barrel. In an Aug. 18 Truth Social post, Trump said the United States and Iran were not holding discussions and had no negotiations scheduled,
Vintage $BTC Holder Realizes a 584,725% Gain August has turned into a graveyard awakening for long-dormant bitcoin, with coins untouched for more than a decade suddenly hitting the chain. Much of that vintage activity has come from wallets created in 2014. Tuesday delivered something older, however, as btcparser.com flagged a bitcoin address created 14 years
Bitcoin [$BTC] miners are under increasing financial pressure as restructuring is forcing operators to cut both reserves and mining capacity. Furthermore, Miner Net Positions have quickly changed to negative, and miners are now selling at rates that were last seen during the 2022 market lows. Source: X This returns previously held $BTC to circulation, adding
In its new report published in mid-August, VanEck noted that the capitulation process in the Bitcoin market may have reached an advanced stage. According to the report shared by Matthew Sigel, Head of Digital Asset Research at VanEck, 8 out of the 12 capitulation indicators tracked are currently active. The company added that current data
A paper accepted for Crypto 2026 in Santa Barbara says it resolves a theoretical gap in permissionless consensus by replacing a public beacon that supplied participants with fresh random values at regular intervals. The problem is how parties can reach Byzantine agreement without knowing in advance who is participating, except for an upper bound on
Bitcoin traded near $64,280 on August 18, gaining about 1.13% from its previous close as the rupee weakened against the dollar. With USD/INR at 95.68, one coin was worth roughly ₹61.50 lakh before exchange spreads and fees for holders in India. That combination made the session a two-market move as local returns reflected both $BTC/USD
The Royal Bank of Canada (RBC), the country’s largest bank, has increased its holdings in Strategy, the prominent Bitcoin treasury company, according to data from BitcoinTreasuries.net. Recent filings indicate RBC acquired an additional 46,001 shares of Strategy (ticker: MSTR) valued at approximately $4.45 million, bringing its total position to 385,002 shares worth roughly $37.2 million.