Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
Bitcoin slipped to around $62,000 after rebounding from last week's $57,700 low, while CryptoQuant says improving demand, seasonality and valuation support further gains, though its bearish Bull Score Index suggests the move remains a bear-market recovery rather than a full trend reversal.
CFTC Chairman Michael Selig urged Congress to pass the Clarity Act before the August recess, saying the crypto market-structure bill is "so close" despite ongoing disputes over ethics and stablecoin provisions.
Cantor-backed SPAC CEPO and Adam Back's Bitcoin Standard Treasury Company scrapped the original terms of their planned merger and will negotiate a revised structure designed to better reflect current market conditions.
Kraken is seeking a final Delaware court judgment against former auditor Mazars after winning a $22 million arbitration award, arguing the firm's abrupt resignation during heightened U.S. regulatory pressure caused significant financial and operational harm.
Tether invested $20 million in Brazil's Mercado Bitcoin to expand regulated blockchain finance, tokenization and stablecoin infrastructure across Latin America.
A dispute between the Treasury and Commerce departments over who should oversee the proposed U.S. Strategic Bitcoin Reserve has delayed its rollout more than a year after President Trump ordered its creation, according to a Bloomberg report.