Tagged: bitcoin

Bitcoin (BTC) Briefly Climbs Above $65K After Unexpected US Jobs Shortfall

Bitcoin, the flagship digital currency, temporarily pushed past the $65,000 mark in early August 2026 following the release of weaker-than-anticipated U.S. employment figures. The move reflected shifting investor sentiment around Federal Reserve policy as markets digested evidence of cooling labor demand. On August 7, 2026,… Read More

Strategy’s ($MSTR) Michael Saylor Declares Bitcoin (BTC) Adoption Success Independent of CLARITY Act as Senate Defers Vote

Strategy’s (NASDAQ:MSTR) Michael Saylor asserts Bitcoin can progress independently as the U.S. Senate postpones a vote on the CLARITY Act. Michael Saylor, executive chairman of Strategy Inc., the publicly traded company formerly known as MicroStrategy and the largest corporate holder of Bitcoin, has drawn a… Read More

Payrolls Decline, Missing Estimate, Could Impact Crypto Near Term

Monthly payroll numbers were released this morning and the closely watched metric caused markets to jump as bad news is good news. Non-farm payrolls dropped by 23,000 in contrast to estimates that pegged the number at around 83,000 job gains. A revision for the previous… Read More

MARA Digital’s Bitcoin Holdings Fall Below 36,000 BTC

MARA Digital Holdings (NASDAQ: MARA), a Bitcoin mining and infrastructure firm, reported a significant reduction in its Bitcoin treasury at the end of the second quarter of 2026. The company’s total holdings stood at 35,577 BTC as of June 30, marking a drop below the 36,000… Read More

Large XRP Investors Maintain Steady Holdings in Downturn as Ethereum (ETH) Faces Greater Investor Losses

On-chain data reveals that major XRP holders have continued building positions throughout the recent market decline, even as prices remained range-bound. At the same time, Ethereum metrics highlight more evident paper losses among its broader holder base compared with Bitcoin and XRP. According to analysis… Read More

Fintech Firm Block’s ($XYZ) Bitcoin Gross Profit Declines Following Cash App Fee Reductions

Block (NYSE: XYZ), the payments and financial services company founded by billionaire tech entrepreneur Jack Dorsey, disclosed second-quarter 2026 results showing a clear contraction in profitability from its Bitcoin-related activities. Bitcoin Ecosystem gross profit fell 31 percent compared with the same period a year earlier,… Read More

Bitcoin (BTC) Price Approaches $65K Amid Oil Price Swings, Inflation Signals, Equity Market Strength

Bitcoin has moved closer to the $65,000 level in recent sessions, trading in the mid-to-high $64,000 range as of early August 2026. The cryptocurrency has shown resilience after earlier consolidation in the low $60,000s, with intermittent advances testing the psychologically important $65,000 BTC price threshold… Read More

Missouri Men Face Charges in Alleged Bitcoin Theft Plot involving Home Invasion

Three men from St. Louis, Missouri, are facing federal charges in connection with an alleged scheme to seize Bitcoin through a planned residential break-in in Connecticut nearly two years earlier. US Attorney David X. Sullivan for the District of Connecticut announced that Sedric Louis, 32,… Read More

Xapo Bank Reports Clients are Buying Bitcoin but Q2 Activity Has Slowed

In a challenging market for the world’s most popular crypto, Xapo Bank reports that its clients are buying more Bitcoin. According to a note from the bank, data from Q2 2026 (79%) shows an increase in the amount of Bitcoin held in accounts during the… Read More

Inverse Cramer: CNBC Stock Pundit Jim Cramer Sells Bitcoin, BTC Holders Cheer

Yesterday, on August 3rd, CNBC host Jim Cramer declared he would sell all his Bitcoin (BTC) holdings due to fears about Quantum computing. On July 31st, Cramer interviewed Arvind Krishna, CEO of IBM, who stated that Quantum computing would eventually be able to break into… Read More

Bitcoin focused Treasury Firm Strategy ($MSTR) Begins Tracking BTC’s Key Long-Term Technical Level

Bitcoin-focused treasury company Strategy (NASDAQ:MSTR) has started actively monitoring the cryptocurrency’s 200-week moving average, according to a recent announcement from its founder and executive chairman. The firm now displays this metric along with the premium of Bitcoin’s current price relative to that average on its… Read More

Coldcard Hardware Wallet Flaw Linked to Nearly $90 Million in Bitcoin (BTC) Thefts Across 4,500 Addresses

A critical vulnerability in certain Coldcard hardware wallets has led to substantial Bitcoin losses, with researchers tracking approximately 1,367 BTC drained from more than 4,500 addresses. The estimated value of the stolen funds has climbed toward $90 million as of early August 2026, according to… Read More

Trump Media States Recent Large Bitcoin Transfer to Crypto.com Was Not a Sale

Wallets linked to Trump Media and Technology Group (NASDAQ: DJT), the operator of Truth Social, recently relocated a significant volume of bitcoin. On-chain records document two transactions totaling 2,628 BTC, valued at roughly $165 million at prevailing bitcoin prices near $63,000, sent to Crypto.com addresses… Read More

AI Stock Pullback Weighs on Bitcoin (BTC) and Broader Digital Assets Markets as August Begins

As August 2026 gets underway, Bitcoin and major cryptocurrencies have faced renewed downside pressure after a cooling in artificial intelligence and semiconductor shares. The episode illustrates the frequent correlation between these speculative segments of the market and points to broader fragility in risk assets that… Read More

Strategy ($MSTR) Maintains 12% Dividend on STRC Preferred Shares Amid Focus on Price Stability

Strategy (NASDAQ:MSTR), the Bitcoin treasury company led by Executive Chairman Michael Saylor, has confirmed it will keep the annual dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) steady at 12% for the August period. This decision comes even as the… Read More

US Treasury Sanctions Iranian Firms Behind Bitcoin enabled Shipping Insurance Scheme in Strait of Hormuz

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on two Iranian companies central to what it describes as an illicit insurance program targeting commercial ships navigating the Strait of Hormuz. Announced on July 29, 2026, the designations target… Read More

KULR Technology Group Sells Bitcoin (BTC) Holdings to Eliminate Coinbase Credit Facility Debt

KULR Technology Group, Inc. (NYSE: KULR), a developer of advanced battery and thermal management solutions for aerospace, defense, and other high-performance applications, has liquidated a portion of its Bitcoin treasury to clear outstanding obligations under a credit arrangement with Coinbase Credit, Inc., part of Coinbase… Read More

Michael Saylor Hints at “Another Color” After Strategy ($MSTR) Goes Four Weeks Without Buying Bitcoin (BTC)

Michael Saylor, the executive chairman of Strategy (formerly MicroStrategy and trading under the ticker $MSTR), has once again captured the attention of Bitcoin enthusiasts and investors with a cryptic social media update. On Sunday, July 26, 2026, he shared the company’s familiar Bitcoin acquisition tracker… Read More

Bitcoin (BTC) Spot Trading Volume on Course for Weakest Month Since Nearly 2 Years

Bitcoin’s trading activity has entered a notably subdued phase this summer, with recent analysis from research firm K33 indicating that July is shaping up as the weakest month for spot volume in the leading cryptocurrency since the closing stretch of 2023. According to the firm’s… Read More

Strategy ($MSTR) Extends Bitcoin Purchasing Pause to Five Weeks as USD Reserves Hit $3.75B

Strategy Inc. (NASDAQ:MSTR), the Bitcoin-focused firm formerly known as MicroStrategy and led by Executive Chairman Michael Saylor, has prolonged its break from acquiring the cryptocurrency for a fifth consecutive week. In the seven-day period ending July 26, 2026, the company neither bought nor sold any… Read More

Send this to a friend