Bitcoin $BTC$63,598.22 barely budged on Tuesday, extending a five-week standstill as steady demand from exchange-traded funds ran into selling from miners and corporate holders. $BTC slipped to around $63,500, down 0.6% over the past 24 hours. More importantly, the largest cryptocurrency remained trapped in the roughly $62,000-$66,000 range that has contained prices for much of
Bitwise’s Solana staking ETF has received approval from a major bank for customers to borrow up to 25% of their shares’ value, adding a lending function to the U.S.-listed crypto fund. Bitwise co-founder and CEO Hunter Horsley disclosed the approval in an Aug. 11 X post, saying the unnamed bank would let its customers borrow
The JAN3 Bitcoin index placed the United Kingdom third in its 2025 B20 after weighing policy advances and more than 60,000 $BTC in law-enforcement custody. UK records classify the coins as seized criminal property subject to court proceedings. A March 2026 Treasury answer said central government held no cryptoassets. JAN3 promoted the UK result this
U.S.-listed Bitcoin treasury company Hyperscale Data (GPUS) reported that it held 961.2678 $BTC as of Aug. 9, valued at approximately $62.3 million at that time. The company confirmed it made no purchases or sales of Bitcoin between Aug. 3 and Aug. 9, marking a week of no trading activity. Background on Hyperscale Data’s Bitcoin Strategy
The world’s largest company by market cap, NVIDIA, has announced the release of the Nemotron 3.5 Lightning, an open-source AI model designed for agentic workflows. This comes as the company’s CEO, Jensen Huang, shows support for open-weight AI models, which he noted are key to America’s AI leadership.
Volatility and Liquidation Trends Bitcoin remained under pressure Tuesday, more than 24 hours after the revelation that Strategy sold 1,690 bitcoins to fund the repurchase of its preferred stock, which sent the cryptocurrency tumbling. While bitcoin initially appeared to have strong support just below $64,000, market data show it lost momentum after breaching that level.
For crypto investors considering a move abroad, the UAE offers more than a favorable tax environment. Its regulated digital-asset infrastructure and growing financial ecosystem can also make it an attractive base for crypto activity. The broader economy also supports this growing ecosystem. In its first quarter of 2026, real GDP reached AED 485 billion, or
Unusual on-chain activity has been unfolding on the Bitcoin network since the beginning of this week, with wallets that had remained dormant for more than 12 years coming back to life for the second consecutive day. The pattern of these movements is identical: coins acquired during the “post-Satoshi” era are being transferred to wallets that
Billionaire venture capitalist Tim Draper has once again delivered an extremely bullish prediction for Bitcoin. He has argued that the cryptocurrency could eventually go “infinite” against the U.S. dollar due to accelerating adoption. Draper made the prediction on X after commenting on the growing adoption of Bitcoin payments. “First they’ll say, ‘We accept Bitcoin.’ Then
Tether is winding down Alloy by Tether, a platform built around dollar-tracking aUSDT debt backed by Tether Gold collateral. Starting Sept. 17, customers who have not returned their aUSDT will no longer be able to recover XAUT through the platform. The remaining exposure is far smaller than the aUSDT contract’s headline supply. Alloy’s official vault