Bitcoin has slipped below $115,000 amid an August correction, but behind the surface, a quiet shift in macro conditions may be laying the groundwork for a sharp reversal. At the time of writing, Bitcoin (BTC) is down 4% over the previous week, trading at $114,295. The pullback is a retracement of about 7% from its…
Metaplanet has purchased additional Bitcoin for its treasury, advancing its goal of holding 210,000 BTC by 2027. Summary Metaplanet added 463 BTC on August 4, bringing total holdings to 17,595 BTC. BTC Yield year-to-date is 170%, with bitcoin per share rising 22× in 11 months. Capital raise, bond redemptions, and expansion targets signal continued BTC…
Bitcoin stumbles, Coinbase misses, and stablecoin regulation gains momentum | Weekly Recap
Bitcoin’s price slipped to a key support level on Sunday as investor appetite waned, tariffs rattled markets, and weak U.S. jobs data raised fresh concerns about economic momentum. At last check, Bitcoin was trading just below $114,000. That’s down 3.5% over seven days. See below. Source: CoinGecko Summary Bitcoin price crashed to $112,000, down by…
French firm Crypto Blockchain Industries announces a major expansion of its Bitcoin treasury holdings in an all-equity deal. Summary CBI announces an all-equity deal for acquiring more Bitcoin reserves. SAFEbit plans to gradually exchange 2,000 BTC for CBI shares. Bitcoin treasuries are gaining traction globally. Global firms are increasingly betting on Bitcoin (BTC) treasury holdings….
Metaplanet files a plans to raise 555 billion yen by issuing two separate classes of BTC-backed shares over the next two years. The funds will go to its ambitious 2027 BTC acquisition goal. Summary Metaplanet plans to pivot from common shares to preferred shares issuance to raise more funds to buy BTC. The Japanese investment…
U.K fintech company Valereum Plc is raising funds to establish its Bitcoin treasury reserve, following many other companies that have jumped on the BTC band wagon. Summary Valereum Plc plans to raise £500,000 to purchase BTC for its reserve strategy. Its stock price dipped 4.35% following news of the BTC treasury, unlike past corporate BTC…
The Bitcoin network is expanding on an industrial scale, with power-hungry mining rigs driving energy consumption to unprecedented highs even as the flow of transactions slows to a trickle. Yet, the network seems to be under tension as rising hashrate and infrastructure collide with weak fee revenue and rare mempool clearings that leave miners earning…
A broad sell-off hit the crypto market on the first day of August, with total market capitalization falling 6.6% to $3.8 trillion amid macroeconomic tensions. Summary Crypto market fell 6.6% on August 1 with $629M in liquidations. New U.S. tariffs and uncertain Fed policy dragged on risk appetite. Long-dormant Bitcoin wallets have been reactivating as…
Fold’s latest play makes Bitcoin as easy to gift as a last-minute birthday card. With Blackhawk’s retail muscle, BTC is now a checkout-line option at over 400,000 stores, transforming crypto from an investment into something users pick up while shopping. Summary Fold partners with Blackhawk Network to distribute Bitcoin Gift Cards across over 400,000 retail…
