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Showing posts with the label Bitcoin News

BTC Plunge Triggers Altcoin Sell-off as ADA Bucks the Trend

Bitcoin’s late-July rally collapsed into a $3,000 flash drop to $62,236 on July 31, erasing $40 billion in market capitalization. Total crypto market capitalization fell from $2.33 trillion to $2.22 trillion, while total altcoin market cap dropped to $964 billion. Bitcoin’s July Rally Collapses Into $62K Slump After teasing double-digit gains for much of late […] from Bitcoin News https://ift.tt/GmsWyK5

Iran Rejects Trump Deal as Hormuz Tensions Grip Markets Again

Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal Is Taking Shape, but Iran Pushes Back U.S. President Donald Trump announced late […] from Bitcoin News https://ift.tt/yKIzrJ2

Analyst: Bitcoin Drops to $60K in August Before Rebounding to $70K

Andrey Poroshin, a financial analyst at Bitbanker, an exchange with a presence in Russia, the UAE, and Kyrgyzstan, stresses that bitcoin will retest $60K lows as excess liquidity is withdrawn to recover $70K later, a price still below the base cost of mining in the U.S. Analyst: BTC To Retest $60K Levels In August But […] from Bitcoin News https://ift.tt/I2Ap8G3

Dice Rolls Keep Bitcoin Keys Offline, but Not Everyone Will Bother

A standard six-sided die produces about 2.6 bits of unpredictable information with every roll. That may not sound like much, but repeated enough times, those rolls can create the raw randomness needed to secure a bitcoin wallet without relying on software or an electronic component. Why a Die Roll Is So Difficult to Predict Claude […] from Bitcoin News https://ift.tt/NMrsZ3p

Coldcard Attacker Stole $30M in 10 Minutes by Targeting Big Wallets

Chainalysis found that the Coldcard attacker stole roughly $30 million within 10 minutes after prioritizing the largest wallets. The $38 million-plus sweep reached 500 wallets and exposed lasting risks for seeds created on vulnerable firmware. Attacker Prioritized Coldcard Wallets With the Largest Balances Blockchain analytics firm Chainalysis revealed on July 31 that the attacker targeted […] from Bitcoin News https://ift.tt/vi8xdcO

CLARITY Act Push Hits 1 Million With 7 Days Before Senate Recess

Stand With Crypto claims advocates have contacted lawmakers one million times with seven days remaining before the August recess, while federal and state officials raise competing concerns over fraud protections, enforcement authority, and presidential conflicts. Million-Contact Campaign Intensifies Senate Pressure Stand With Crypto, a nonprofit crypto advocacy organization that mobilizes digital asset owners around legislation […] from Bitcoin News https://ift.tt/EJvQITq

USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin

The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills, the company grew its gold stash by 14 tons of physical gold, with a net revenue of $1.5 billion. Tether Releases Q2 Attestation, Reports $1.5 […] from Bitcoin News https://ift.tt/o7DhP8Y

Samsung SDS Plans Stablecoin Expansion With Upbit Operator Dunamu

Samsung SDS plans to combine its cloud, cybersecurity and IT services business with Dunamu’s blockchain expertise as the companies position themselves to capitalize on South Korea’s emerging digital asset infrastructure market. President and CEO Lee Jun-hee outlined the strategy during Samsung SDS’s second-quarter 2026 earnings call on July 29, describing the company’s recent investment in […] from Bitcoin News https://ift.tt/EoA4mIS

Reno Casino Win Jumps 20% as Vegas Strip Slips Despite Conventions

Reno casinos won $81.6 million in June, a 20.3% increase that outpaced Nevada’s other major gaming markets. Las Vegas moved in the opposite direction: Strip win declined despite a 25.8% surge in convention attendance, while hotel rates and revenue per available room also fell. Conventions and a World Cup Fail to Lift Strip Pricing Reno […] from Bitcoin News https://ift.tt/Cqa9NG5

Bitcoin Reclaims $65K as July Gains Top 10% After Fed Pause

Following the Federal Reserve’s decision to hold interest rates steady, Bitcoin briefly surged past $65,000 to a daily peak of $65,100 before facing selling pressure. It settled around $64,700, pushing its market cap to $1.3 trillion and keeping it on track for an over 10% gain in July. A Choppy Road to the Daily Peak […] from Bitcoin News https://ift.tt/iZqAw5c

Bitcoin Mining and AI Infra Stocks Rocket as Shorts Get Burned

Bitcoin mining and artificial intelligence (AI) infrastructure stocks posted double-digit gains across the board on Thursday, July 30, 2026, as a broad group of companies tied to both cryptocurrency hashpower and AI computing moved sharply higher in midday trading. Compute Infra Providers See Shares Soar Keel Infrastructure Corp., formerly known as Bitfarms, led the group […] from Bitcoin News https://ift.tt/9pQrbRZ

Bitcoin Traders Push Price Back to $64,400 After Fed Decision Eases Market Jitters

Bitcoin briefly surged to $64,500 before pulling back to $63,700, ending down 0.6% on the day with its market cap holding at $1.277 trillion. Moderate Pullback Limits Liquidations Bitcoin seesawed July 29 as global markets reacted to a surprise Iranian strike on a U.S. military base in Jordan and the Federal Reserve’s decision to hold […] from Bitcoin News https://ift.tt/5vqzysI

TRX Spot and Perpetuals Listing Launches on Backpack, Expanding Access to the TRON Ecosystem

Geneva, Switzerland, July 29, 2026 — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced the listing of TRX spot trading and perpetual contracts on Backpack Exchange. The listing expands market support and access to the native utility token of the TRON […] from Bitcoin News https://ift.tt/70GElFe

Ironwood Goes Live as Zcash Locks Down Orchard and Forces a $1.8B Migration

Zcash activated its Ironwood network upgrade on Tuesday, replacing its vulnerable Orchard shielded pool with a hardened system designed to restore independent verification of the cryptocurrency’s circulating supply. The NU6.3 upgrade went live July 28 at block height 3,428,143, introducing a separate Ironwood shielded pool, a new transaction format, and a mandatory accounting checkpoint for […] from Bitcoin News https://ift.tt/gbrVSGx

$134M in Bitcoin Longs Vaporized as BTC Breaks Below $63K Ahead of Fed Showdown

Bitcoin experienced a sharp sell-off on Tuesday, briefly dropping to an intraday low of $62,684 before partially recovering to trade around $63,600. Bitcoin Pulls Back Ahead of Pivotal Macro Week A day after near-flat price action, bitcoin tumbled Tuesday, briefly slipping below $63,000 as it braced for the summer’s most event-heavy week. Market data show […] from Bitcoin News https://ift.tt/Brtz47K

Minnesota Judge Blocks Prediction-Market Ban but Says Some Contracts Aren’t Swaps

U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge found that entertainment and other contracts may fall outside federal swap regulation. A broad injunction built on a […] from Bitcoin News https://ift.tt/PDTsdhk

Pennsylvania Bill Could Shut Sportsbooks Out of Prediction-Market Making

A bipartisan Pennsylvania bill would impose insider-trading rules and consumer protections on prediction markets while blocking gambling companies from supplying their liquidity. The restriction could disrupt market-making strategies pursued by Draftkings, Flutter and other sportsbook groups expanding into federally regulated event contracts. A liquidity restriction aimed at gambling companies A bipartisan group of Pennsylvania lawmakers […] from Bitcoin News https://ift.tt/4OHZiw8

Less Than 2 Weeks Left — Bitcoin’s BIP-110 Clock Starts Ticking as Miner Support Creeps Higher Before Showdown

Bitcoin’s mandatory signaling window for the proposed BIP-110 soft fork opens in less than two weeks, and the story has changed more than the headline number suggests. Miner support remains modest at roughly 2.64%, but several weeks ago, signaling struggled to stay above 1%. Since then, it has climbed gradually as the deadline has come […] from Bitcoin News https://ift.tt/SJnsDfR

Bitcoin Traders Face $75M in Liquidations After Three Failed Attempts to Clear $65,600

Bitcoin experienced sharp volatility on Monday, repeatedly failing to break past $65,500 resistance despite cooling Middle East tensions, leaving its price flat and wiping out $75 million in leveraged trades. Rejections at $65,500 Resistance Drag Prices Lower Bitcoin showed its volatility again on Monday, experiencing two sharp price swings even as tensions in the Middle […] from Bitcoin News https://ift.tt/CKDrONS

Crypto Bull Market Signals Emerge as Hyperliquid and Robinhood Push Finance Onchain

Bitwise CIO Matt Hougan says stronger bitcoin momentum, ETF demand, and institutional adoption could signal the early stages of a new crypto bull market driven by tokenization, stablecoins, and blockchain-based financial markets. Bitcoin Recovery Sparks New Crypto Bull Market Debate Crypto markets are showing early signs of renewed strength, with bitcoin gaining while technology stocks […] from Bitcoin News https://ift.tt/7OhnXgM