Bitcoin News
Asia Morning Briefing: Bitcoin Drops to $115K as Third Major Profit-Taking, New Tariff Tensions Add Pressure
CryptoQuant data shows a $6B–$8B profit-taking spike in July as new whales offload BTC near highs. Trump's renewed tariff measures, announced Thursday, deepen the consolidation phase.
Bitcoin’s Momentum Is Losing Steam as Seasonal Headwinds Loom, 10x Research Says
BTC could break down to potential support levels at $112,000 and lower during a likely consolidation phase, the report said.
Strategy Earned $10B in Q2 on Back of Bitcoin Price Gain
Led by Michael Saylor, the company guided to full year net income of $24 billion, or $80 per share, based on a year-end BTC price outlook of $150,000.
Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF
The developer of design software previously disclosed ownership of $70 million of Bitwise's BITB, with plans to buy another $30 million in bitcoin.
Adam Back's Blockstream Unveils Bitcoin-Powered, Liquid Network-Based Smart Contracts
Co-founded by early Bitcoin contributor Adam Back, Blockstream introduced Simplicity to solve the limitations of Bitcoin as a smart contract venue
BTC Faces Golden Fibonacci Hurdle at $122K, XRP Holds Support at $3
BTC bulls need to overcome the 161.8% Fib extension, the so-called golden ratio.
Whale Activity Surges as Bitcoin Builds Momentum Toward New Highs
Retail and institutional investors are aggressively accumulating BTC, echoing bullish patterns last seen during the 2024 U.S. election.
Strategy's Market Hints at Strongest Downside Risk Since April
Shares of Strategy have fallen over 14% in two weeks, closing below the 50-day simple moving average.
Bitcoin, XRP, Ether Recoup Overnight Losses as Analysts Point to Growing Threat to Fed Independence
Analysts highlighted concerns over the Fed's independence, with two Trump-appointed officials dissenting in favor of a rate cut on Wednesday.
Bitcoin Tumbles Below $116K as Jerome Powell Delivers Hawkish Remarks
The Fed Chair appeared as dug in as ever to his insistence that the central bank stands firmly in blocking the Trump tariffs from igniting inflation.
