Michael Saylor, the executive chairman of Strategy and probably the most vocal Bitcoin evangelist, let a single word do the talking today – and the market’s listening. In the post, Saylor was shown dressed like “The Dude,” wearing a robe. He wrote, “Bitcoin Abides” as the caption. The post’s timing is not random either. Bitcoin
Bitcoin is trading at $118,847, with a market capitalization of $2.36 trillion and a 24-hour trading volume of $60 billion. Over the past day, its price ranged between $116,094 and $119,248, revealing a tight consolidation pattern following recent bullish activity. Bitcoin The daily bitcoin chart indicates a bullish breakout from a low of $98,240 toward
Bitcoin (BTC) retreated to the $116,000 level yesterday after its rapid rise, following inflation data that exceeded expectations. However, BTC has since partially recovered and returned to the $117,500 level. While investors are wondering which direction Bitcoin and cryptocurrencies will go, data on the US Producer Price Index (PPI) was released today. The data disclosed
Yesterday, the stunning resolution of a prisoner’s dilemma-type impasse among bitcoin (BTC) miners suddenly slashed a standard BTC transaction minimum by 90%. It’s a staggering admission by miners and users that demand for Bitcoin blockspace has hit a new low. For years, Bitcoin Core and other node software defaulted to a minimum one satoshi per
Story Highlights The Fed is expected to keep rates steady at 4.25%–4.50% on July 19, with a 96.9% chance of no change, according to Matthew Dixon. Stable rates could benefit crypto markets, while political pressure from President Trump adds tension ahead of the 2026 election cycle. The next Federal Reserve FOMC meeting is scheduled for
Over the past week, the total number of blockchain transactions across public blockchains and Layer-2 networks has reached a record high. This impressive figure amounts to 342 million transactions in just seven days, the highest weekly figure ever recorded. Solana, BNB Chain, and Tron On Top According to data from Dune Analytics, Solana, BNB Chain,
New stablecoin rules from major jurisdictions, particularly the U.S., are reshaping the global digital asset market and presenting significant challenges for Tether’s USDT, the largest stablecoin with a market capitalization of over $160 billion. A recent research report from Zhou Hao, the Chief Economist at Guotai Junan International, a multi-billion-dollar financial services firm, suggests that
Russian lawmakers have approved a bill obligating banks and retailers to introduce support for the digital ruble next year and implement a universal QR code for payments. The new legislation comes after the Bank of Russia proposed new deadlines for the introduction of the digital currency in stages, starting from September 2026, following a call
Bitcoin (BTC) is likely to trade around $130,000 at the start of August, according to insights from two artificial intelligence (AI) models, driven by sustained institutional demand and supportive macroeconomic conditions. As of press time, Bitcoin was trading at $119,166, up over 2% in the past 24 hours and nearly 10% over the past week.
Singapore-based crypto firm BTC Digital Ltd. (Nasdaq: BTCT), launched its strategic bitcoin ( BTC) and ether ( ETH) reserve programs on Monday, according to a press release. The company says it finished setting up its $1 million ether reserve last week and has now completed the set up for its bitcoin reserve, also worth $1