Spot Bitcoin ETFs saw $390 million in outflows during the week to August 14, as institutions pulled capital amid rising oil prices and tensions over the Strait of Hormuz. The Bitcoin price has held near $63,500 despite the withdrawal. The selling reflects concerns about inflation and its potential impact on Federal Reserve policy, which observers
Bitcoin continues to trade within a well-defined range, holding near $63,000 despite a week of mixed macroeconomic signals, according to a note from QCP Capital. The crypto trading firm highlighted that softer U.S. consumer and labor data have eased fears of further Federal Reserve tightening, but the path forward remains clouded by rising global oil
Samsung Electronics and SK Hynix are in focus on Monday after closing sharply higher on Friday, as a long-term margin forecast from US flash-memory maker SanDisk gave investors reason to reassess how long the AI-driven memory boom could last. South Korean markets are closed Monday for the Liberation Day holiday. On Friday, Samsung rose 2.43%
The Indian rupee continues to weaken, prompting the RBI to intervene to limit sharp swings in the currency’s swings. At the same time, Indian banks are rushing to raise billions of dollars from overseas markets, with dollar bond sales reaching a record $8 billion. What is more noteworthy is the same vision of both the
Bitcoin ($BTC) returned to $64,000 after Monday’s Wall Street open as US stocks gave way to gold. Key points: Bitcoin continues a rebound from Sunday’s weekly close, gaining 2% on Monday. Oil stays steady after US president Donald Trump threatens to bomb Oman over the Strait of Hormuz. Bitcoin funding rates hit 20-month highs of
The OneMedNet treasury’s Bitcoin holdings reached zero at June 30, 2026, completing a steady drawdown of the healthcare-data company’s cryptocurrency holdings. The company’s quarterly report for the period ended June 30, 2026 also listed $358,000 of cash, $4.73 million of current liabilities and a warning that existing liquidity was insufficient to fund operations for the
Tether is stepping well outside its familiar territory as the world’s largest stablecoin issuer. CEO Paolo Ardoino has confirmed that the company plans to roll out Tether AI applications aimed squarely at developing markets, covering everything from health tracking to sports content, according to a report by Fortune. The announcement lands at a moment when
Sono Group’s transition to a Bitcoin-heavy treasury is laying bare the severe financial strain at the core of the restructured company. With its former solar energy subsidiary now spun out as a discontinued operation, the parent company generated zero revenue during the first half of 2026. Instead, Sono has tethered its survival entirely to digital
Bitcoin ($BTC) is starting the new week at around $63,000, but bear-market history continues to repeat with weekly close below a key long-term trend line. Key points: Bitcoin has been trading in a range between $57,700 and $67,300, but last week’s close came with a drop below the key 200-week moving average at $64,216. Markets