As Bitcoin ($BTC) spot trading volume recently dropped to the lowest level in 2026 amid the ongoing cryptocurrency bear market, Michaël van de Poppe, founder of MN Fund, argued that the market is offering an opportunity to accumulate. Poppe said the current “ghost town” conditions in crypto and Bitcoin should not be viewed as a
Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing shows that only $233.6 million was unrestricted and available for general corporate use. The other $6.8 billion, or 96.7% of the total, was restricted. That distinction makes Hut 8’s headline balance a misleading
Vangrid, a decentralized physical infrastructure network (DePIN) project, has raised $9 million in seed funding, as reported by The Block. The round saw participation from notable investors including HashKey, Borderless Capital, Crypto.com, Animoca Brands, Gate Labs, and Mapleblock Capital. The project is developing a smartphone-based 3D spatial data collection and on-chain verification network, aiming to
MetaPlanet Chief Financial Officer Dylan LeClair, a guest on Natalie Brunell’s show, discussed the recent sharp sell-offs in the cryptocurrency markets and the growing criticism of Bitcoin treasury companies. LeClair noted that the current pessimistic sentiment in the market bears striking similarities to the 2022 crash, arguing that the price pullback and the clearing of
Circle received renewed support from Bernstein after reporting second-quarter results that exceeded profit expectations despite softer revenue. The research firm maintained its Outperform rating and $140 price target, saying investor concerns about competition and reserve income may not fully reflect the company’s broader growth strategy.
Bitcoin ($BTC) stayed motionless at Thursday’s Wall Street open as analysis saw signs of reemergent US “stagflation.” Key points: Bitcoin stays below $65,000 as Iran tempers expectations over the Strait of Hormuz oil route reopening. US PMI data analysis sees “stagflation” return as a potential future risk. $BTC price indecisiveness means that the market still
The Bitcoin [$BTC] short-term holder spent output profit ratio [STH SOPR] is at 1. In other words, coins held for under 155 days were, on average, at their cost basis. The taker buy/sell ratio showed a slight skew towards aggressive sellers, too. Source: CryptoQuant The stablecoin supply ratio measures Bitcoin’s market cap to the aggregate
BNY’s Digital Asset Custody platform plans to provide institutional crypto staking support through Galaxy’s infrastructure, the two firms said Aug. 4. BNY touches roughly 20% of the world’s investable assets, with $62.6 trillion in assets under custody and administration as of June 30. Galaxy is one of three validator firms approved to stake Ethereum for
As BlackRock Inc. (NYSE: BLK) cryptocurrency portfolio increased by over $3.7 billion since early July to date, on-chain data suggests its investors could potentially be rotating capital from Bitcoin ($BTC) to its altcoin fund. BlackRock’s iShares Bitcoin Trust ETF (IBIT) has recorded a holding-decline of 3,710 $BTC, down from 743,190 Bitcoin on July 1, 2026,