BTC

Bitmine Technologies Expands Ether Treasury, Nearing 5% Supply Target

Bitmine Immersion Technologies has increased its ether treasury to 5,797,813 ETH, representing 4.8% of the total supply. The company now holds approximately $10.9 billion in Ethereum, making it the largest corporate ether holder globally. Bitmine Chairman Tom Lee highlighted ether's significant outperformance against the Nasdaq 100 in July.

Crypto Whales Increase Holdings as Bear Market Nears End, CryptoQuant Reports

Large cryptocurrency holders are accumulating Bitcoin and Ether, suggesting the market is nearing the end of a bear market, according to CryptoQuant. Whale holdings have increased, and realized price data points to a potential market bottom.

Bitcoin On-Chain Activity Peaks in 2026 Amid Coldcard Exploit, K33 Flags Potential Bottoming Pattern

Bitcoin on-chain activity has reached its highest level in 2026 amid the Coldcard exploit, with K33 suggesting a potential market bottoming pattern due to the surge in coin movement.

Binance Founder Warns on Hardware Wallet Security Following $70 Million Coldcard Exploit

Binance founder Changpeng Zhao warned cryptocurrency holders about hardware wallet vulnerabilities after a $70.2 million Bitcoin exploit on Coldcard devices. The flaw, stemming from a March 2021 firmware error, allowed private keys to be more easily guessed. Zhao advised diversifying funds across multiple wallets, while Coinkite released hotfixes and urged users to migrate seeds.

Bitcoin Bear Market Bottom Anticipated in August by 10x Research

10x Research suggests a Bitcoin bear market bottom in August with a monthly close above $63,000, while other analyses also point to an approaching market low.

American Bitcoin Increases Treasury to Over 8,000 BTC Following Record Mining Quarter

American Bitcoin increased its Bitcoin treasury to approximately 8,002 BTC in Q2, marking a 14% rise and achieving its highest quarterly production. The company reported $67 million in mining revenue and a reduced net loss, while maintaining a stable mining cost per Bitcoin. These developments occurred amidst a reverse stock split and a key executive departure.

Bitcoin Price Dips Amid US Stock Pressure and Asian Market Divergence

Bitcoin dropped to a two-week low as US stocks faced pressure, despite a rebound in Asian markets. Crypto trading activity increased amid Asian market fluctuations, with analysts observing a growing link between crypto liquidity and broader tech sentiment. Japan and Korea intervened in currency markets, while central banks maintained interest rates. Despite a strong July, some analysts predict a potential Bitcoin price reversal in August, citing historical patterns and resistance at the 50-month EMA.

Bitcoin Stabilizes Near $65,000 Amidst Economic Data and Geopolitical Considerations

Bitcoin stabilized near $65,000 as softer U.S. economic data eased Federal Reserve rate hike concerns. Analysts noted Bitcoin's resilience amidst broader market corrections and thinning summer liquidity. The FOMC held rates, with economic indicators suggesting a cooling economy, while altcoins showed mixed performance.

Coldcard Issues Mk3 Firmware Warning Amid Bitcoin Wallet Drains

Coinkite has issued a warning regarding its Coldcard Mk3 signing device, advising users to move funds from wallets generated on specific firmware versions. This comes as security experts investigate a 594.48 BTC sweep, though no direct link has been established.

Strategy Reports $8.2 Billion Loss Amid Increased Bitcoin Holdings and Strategic Financial Adjustments

Strategy reported an $8.2 billion loss this year, largely due to unrealized losses on its Bitcoin holdings, despite increasing its BTC reserves by 11%. The company has paused Bitcoin purchases to build a U.S. dollar cash reserve and has implemented a Digital Credit Capital Framework to manage its financial obligations and optimize its STRC preferred stock performance.

IBM Achieves Quantum Computing Milestone with 70 Logical Qubits and Enhanced Error Correction

IBM has announced a significant step in quantum computing, demonstrating "trusted quantum advantage" with 70 logical qubits and a new error-correction method. This achievement, while not immediately threatening Bitcoin's security, represents progress in overcoming error correction challenges in quantum systems. The experiment completed a computation beyond the reach of current classical methods, supporting IBM's quantum roadmap towards a fault-tolerant quantum computer by 2029.

TD Cowen Lowers Nakamoto Price Target Amid Bitcoin Outlook Adjustment

TD Cowen has adjusted its valuation for Nakamoto, a bitcoin treasury company, reducing its price target to $17 while maintaining a Buy rating. This revision accounts for bitcoin's price impact on Nakamoto's capital structure. The firm anticipates bitcoin reaching $100,000 by late 2026 and Nakamoto suspending further bitcoin acquisitions until 2027.

Ethereum and Bitcoin ETFs See Outflows After Inflow Streaks, Japan Eyes Spot Bitcoin ETFs

US-listed spot Ethereum ETFs ended a five-day inflow streak with $70.62 million in outflows, though weekly inflows remained positive. Bitcoin ETFs also saw outflows but maintained a three-week inflow streak. Japan's regulatory reforms could lead to an $18.4 billion spot Bitcoin ETF market.

Strategy Overhauls Investor Metrics Amid Shift to Digital Credit

Strategy has introduced new investor metrics, including "Net Bitcoin per share," to reflect its shift to preferred-equity "digital credit." These metrics aim to clarify common shareholder Bitcoin ownership by excluding debt and preferred claims. The company redefined mNAV and amplification, while executive chairman Michael Saylor emphasized the need for new financial language in Bitcoin capital markets.

U.S. Spot Bitcoin ETFs Experience Net Outflows Amid Macroeconomic Concerns

U.S. spot Bitcoin ETFs recorded net outflows of $465 million over two days, primarily driven by BlackRock's IBIT, as macroeconomic concerns intensified. This outflow activity reversed nearly half of the preceding week's inflows, with analysts pointing to U.S.-Iran tensions, rising oil prices, and potential Federal Reserve rate hikes as contributing factors. Despite the outflows, the ETFs ended the week with a net positive balance.

Bitcoin ETFs Record Outflows Amid Geopolitical Tensions

U.S. spot Bitcoin ETFs experienced $225.2 million in net outflows on July 23, ending a seven-day inflow streak. BlackRock's IBIT led the outflows, while Morgan Stanley's MSBT recorded inflows. Spot Ethereum ETFs, however, continued their inflow streak. The Bitcoin outflows coincided with broader market declines influenced by geopolitical tensions, with Bitcoin's price briefly dipping below $65,000. Market sentiment, as measured by the Crypto Fear & Greed Index, also reflected increased fear. This recent activity follows a period of significant outflows earlier in the year, and upcoming Federal Reserve decisions are expected to impact Bitcoin's near-term outlook.