Bitcoin price has fallen 2% from $63,895 to an intraday low of $62,667 on Aug. 14 as spot selling, a $125 million whale short, and weak derivatives demand pushed the price toward a key support zone. Bitcoin price action today points to seller control According to data from crypto.news, Bitcoin ($BTC) price was trading near
With its 365-day running return on investment now firmly below 1, Bitcoin has crossed an unsettling threshold for long-term holders. The most recent reading of roughly 0.514 indicates that Bitcoin is only worth roughly 51% of what it was a year ago, making the trailing 12-month holding period clearly unprofitable. Negative period for the market
A review published by security analyst Yajin Zhou says HKDAP runs on an Ethereum contract that is not production-ready, and has Know-Your-Customer (KYC) and revocation controls that do not work as coded. HKDAP is a Hong Kong dollar stablecoin that Standard Chartered-backed Anchorpoint launched on August 12. What’s wrong with HKDAP’s rules? The security analyst
Bitcoin price is stuck within a narrow range, consolidating between $63,000 and $64,000, failing to deliver an upside action after the latest U.S.inflation data. July CPI came in broadly in line with expectations, while PPI was more favourable, rising 0.0% month-over-month versus forecasts of a 0.2% increase. Treasury yields declined as expectations for further rate
Ross Gerber, founder and CEO of asset manager Gerber Kawasaki Wealth, has publicly stated that MicroStrategy co-founder Michael Saylor’s approach to Bitcoin has made him skeptical about the cryptocurrency. In a post on X (formerly Twitter), Gerber said he could no longer take Bitcoin seriously, citing Saylor’s influence and actions as a key factor in
The S&P 500 closed Thursday at a record 7,798.99, while Bitcoin traded at $63,347.73, only a few hundred dollars above an on-chain level that had absorbed every test above it for more than a month. Sellers appear increasingly exhausted, yet new demand remains too weak to pull price away from support, even on a day
Erik Zhang, co-founder and core developer of Neo, has published an article outlining a broader vision for OneGate, repositioning the Neo N3 wallet as a platform for decentralised identity, permissions, and digital rights rather than primarily a transaction tool. The article, titled “Why OneGate Matters,” argues that Web3 should extend user autonomy beyond finance and
South Korean IT services giant LG CNS is developing a platform designed to support the issuance, trading, and distribution of stablecoins, according to the company’s half-year report released on Aug. 14. The move signals a significant enterprise commitment to blockchain-based financial infrastructure in one of Asia’s most advanced digital economies. Blockchain as a core R&D
An anonymous trader has increased a leveraged Bitcoin short position on Hyperliquid to approximately $125.37 million, making it the largest $BTC short currently visible on-chain, according to blockchain analytics platform Lookonchain. Position details and leverage The wallet address, starting with 0xff84, now holds a short position of 2,000 $BTC at 40x leverage. The average entry
JPMorgan’s reported position in BlackRock’s Bitcoin exchange-traded fund increased by about 25% in the second quarter, while its Ether ETF position more than quadrupled, according to its latest securities filing. The Form 13F filing with the US Securities and Exchange Commission, submitted Wednesday, covers holdings as of June 30 and includes 17 other investment managers