Category: Cryptocurrency news

The Anticipated Bitcoin Post from Big Bull Michael Saylor Has Arrived, but There’s Some Confusion

Strategy Chairman Michael Saylor has heightened expectations of renewed activity in the company’s Bitcoin reserves by posting a new $BTC image on his social media account. Saylor shared a screenshot of Strategy’s Bitcoin holdings, asking, “What’s next?” Saylor is known for making similar posts in the past, often a day before the company’s official announcements […]

Two Groups of bitcoin Investors sell on the rise as U.S. inflation lifts prices to nearly $65,000

As macro tailwinds lift bitcoin $BTC$64,532.45, two distinct groups of investors are selling into strength, potentially slowing the ascent. The first are long-term holders, which Glassnode defines as addresses/wallets that tend to hold for at least five months. Long-term holders, who bought near highs last year, are capitulating, or using the bounce to sell their […]

Bitcoin’s quantum problem gets a recovery tool, but not for Satoshi’s 1.1 million coins

The proposal to freeze bitcoin’s quantum-vulnerable coins has always carried an asterisk. BIP-361, published in April by Jameson Lopp and five co-authors, would block new deposits to vulnerable addresses after three years and freeze whatever remained after five, stranding coins in more than a third of bitcoin’s supply, including the roughly 1.1 million BTC attributed […]

BlackRock bought almost $350 million of these cryptocurrencies in 5 days

BlackRock attracted nearly $350 million in net inflows across its spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) over five trading days, highlighting renewed institutional demand for the two largest cryptocurrencies. Data covering July 13 to July 17 shows BlackRock’s spot Bitcoin ETF, IBIT, recorded net inflows of $204.1 million during the period.  Meanwhile, […]

The Debate Over BIP 110 in Bitcoin Is Intensifying: Michael Saylor Has Published a 110-Point Objection

Strategy founder Michael Saylor has published a comprehensive assessment of the BIP 110 proposal, which aims to limit data usage on the Bitcoin network. Saylor notes that while supporters of the proposal share the goals of reducing node running costs, keeping payments accessible, and preserving Bitcoin’s sound money focus, he opposes changing consensus rules as […]

Bitcoin Flashes ‘End of Bear’ Signal as Cost Basis Crossover Suggests Final Bear Market Phase

Bitcoin’s Bear Market May Be Entering Its Final Phase Blockchain analytics platform Cryptoquant shared an analysis on July 18 suggesting bitcoin’s bear market may be approaching its final stage. The signal compares the average acquisition prices of short-term and long-term holders. The analyst said: “The end of the bear market is approaching.” Cost basis refers […]