Although Bitcoin ETPs saw losses against altcoin funds last week, the trend probably implied the anticipation of ETFs rather than a broad altcoin season, CoinShares’ head of research said.
Japanese company Metaplanet cemented its status as the top non-US Bitcoin treasury with a 780 BTC purchase, bringing its total holdings to 17,132 BTC.
Michael Saylor’s Strategy did not purchase any Bitcoin last week, reporting just two acquisitions in July totaling 10,445 BTC, a 39% drop from June.
Data shows Bitcoin is preparing for a sharp breakout from its range-bound action in the next few days.
The SEC delayed decisions on the Truth Social Bitcoin ETF and Grayscale’s Solana Trust, extending review periods as the US Congress moves with crypto regulation.
Hedge fund manager Ray Dalio suggests investors put 15% into store-of-value assets amid America’s debt crisis.
The US is seeking the forfeiture of 20.2 BTC seized by the Dallas FBI from the Chaos ransomware group, adding to the country’s proposed Strategic Bitcoin Reserve.
Dubai now enables crypto property deals under clear VARA rules, with major developers like Damac and Emaar accepting BTC, ETH and stablecoins.
Fewer than 1 million people on Earth hold a full Bitcoin. That’s less than 0.02% of the global population and even fewer in crypto.
Eigen Labs CEO Sreeram Kannan told Cointelegraph that Eigenlayer’s upgrade allows decentralized services to have both Ethereum-grade security and scalability.