Bitcoin’s BTC$63,565.04 price has been eerily calm for weeks, locked in a narrow range below $65,000. Options, or derivative contracts offering insurance against wild price swings, should be cheap in a market this quiet. They aren’t. That may sound counterintuitive, but it really isn’t, and it matters for traders considering options to hedge against, or
Glassnode, a leading on-chain analysis platform for the cryptocurrency market, stated that as consumer confidence in the US remains weak, investors are shifting towards equities, and Bitcoin is not benefiting enough from this capital rotation and therefore is unable to rise. According to Glassnode, consumer confidence in the US has fallen to a record low,
Bitcoin $BTC$63,636.04 continues to trade in a narrow price band, and two of its biggest corporate believers aren’t blinking. Simon Gerovich, CEO of Metaplanet, and Michael Saylor, executive chairman of Strategy, two of the cryptocurrency’s biggest corporate holders, have doubled down on their argument that $BTC’s maximum issuance of 21 million coins beats infinite money
The People’s Bank of China has added eight commercial banks to its digital yuan operating network, taking the number of e-CNY service operators to 30 as the central bank continues expanding access to its state-backed digital currency. According to an Aug. 17 statement from the People’s Bank of China, Ping An Bank, Hengfeng Bank, China
The Bitcoin Rainbow Chart indicates that Bitcoin ($BTC) could trade around $63,800 at the start of September 2026, based on the model’s current trajectory. With Bitcoin changing hands at $63,258 at press time, the forecast implies a modest gain of less than 1% over the next two weeks. The Rainbow Chart is a long-term valuation
Capital B purchased another five Bitcoin for €280,000, lifting its strategic Bitcoin treasury to 3,145 $BTC as the Euronext Growth Paris-listed company continued using equity issuance to fund its accumulation strategy. The Aug. 17 release shows the latest Bitcoin was acquired at an average €55,882 each. Capital B now reports a total acquisition cost of
Jeff Booth, a director at Core Scientific (NASDAQ: CORZ) and founding partner at Bitcoin-focused venture firm Ego Death Capital, has revealed that a 20-year IT veteran spent approximately 15,000 hours attempting to compromise Bitcoin’s network security — and failed. The disclosure, made during a recent interview, underscores the resilience of Bitcoin’s underlying cryptographic architecture against
“Very unlikely.” That’s how Goldman Sachs described the chances of a September Federal Reserve interest-rate increase, which provides a potential major tailwind for bitcoin BTC$63,611.71, which has traded in a narrow range since early July. The cryptocurrency is currently priced around $63,500, a 1% gain since midnight UTC. The price has remained firmly locked within
A noteworthy assessment has emerged regarding the long-debated question in the cryptocurrency market: “Can Bitcoin reach $1 million by 2030?” Markus Thielen, founder of the research firm 10x Research, argued on the Trade Secrets program that it is mathematically unrealistic for Bitcoin to reach $1 million in the coming years. In recent years, many industry