The International Monetary Fund (IMF) used a July 31 staff blog to say the quiet part out loud: Bitcoin now belongs inside the world’s core economic statistics. The post—timed to the UN Statistical Commission’s approval of the updated System of National Accounts (SNA)—states that “Bitcoin, for example, has a tangible economic impact, including because it…
Bitcoin’s latest push towards $120,000 fizzled into a stall-out that now resembles a “failed breakout zone,” according to market analytics firm Swissblock. In a July 31 thread, the firm said “momentum has failed to ignite,” arguing that realized-profit flows and an overwhelming share of coins sitting in profit have turned every bounce into an opportunity…
Bitcoin plunged below $115,000 on Friday as renewed political pressure from former President Donald Trump unsettled markets. The top cryptocurrency dropped to $113,164, its lowest in weeks, triggering over $200 million in liquidations from leveraged long positions and raising fresh concerns over investor confidence. The drop comes amid escalating geopolitical tension. Trump Orders Submarine Move…
Strategy is raising more money to buy Bitcoin. Based on reports, the company filed with the US Securities and Exchange Commission on July 31 to offer up to $4.2 billion of its new Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC. The move follows a recent IPO that funded another large Bitcoin purchase….
XRP’s recent performance has been relatively strong against Bitcoin in the past month. Over the past few weeks, the XRP/BTC pair has been quietly pushing up above the 0.00002100 level and challenging long-standing horizontal resistance levels. Amid this movement, a new technical analysis from crypto analyst JayDee has stirred controversy on social media, with the…
According to a top White House official, the Donald Trump administration is pressing ahead with its plan to establish a US Strategic Bitcoin Reserve. Despite its brief mention in a recent digital assets policy report, the initiative remains firmly in play and is considered a key pillar of the administration’s crypto agenda. Trump Reaffirms US…
Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level—previously a key support zone—now serves as the immediate resistance that must be reclaimed to signal…
Bitcoin price is currently hovering near $115,295, but beneath the surface, a rare on-chain event has captured investor attention. On Thursday, five dormant miner wallets from 2010 transferred 250 BTC, valued at nearly $29.6 million, after 15.3 years of inactivity, according to Arkham Intelligence. These wallets were part of Bitcoin’s earliest mining era, each receiving…
Bolivia’s Central Bank and El Salvador’s Digital Assets Commission signed a deal this week to work together on crypto rules and tools. It went into effect right away and has no end date, at least based on initial reports. According to the Memorandum of Understanding (MOU), Bolivia will tap into El Salvador’s experience as the…
The crypto market is down today, with not a single green coin over the past 24 hours. The cryptocurrency market capitalization has decreased by another 7.3% to $3.83 trillion. At the same time, the total crypto trading volume is at $163 billion. TLDR: Crypto market turned red over the past day, with all top 100…