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…
Coinbase’s Bitcoin premium has dropped into negative territory for the first time since May. This development is bearish for the flagship crypto as it suggests that demand from the U.S. may be waning. Coinbase Bitcoin Premium In The Red CryptoQuant data shows that the Coinbase Bitcoin Premium Index is at -0.00254829, marking the first time…
Bitcoin has slipped by 2.56% in the past 24 hours, driving the price down below $114,500 briefly in the early Asia trading hours on Friday. The world’s largest crypto is trading at $115.7K at the time of writing, per CoinMarketCap. Bitcoin, after hitting a record high of over $123,000 on July 14, has plunged lower,…
Crypto market is flashing bearish signal today as a new round of global tariffs from the White House sends jitters across all markets. The overall crypto market is down 7%, with Bitcoin briefly dropping to $115,000. Ethereum is holding the $3,700 support level but is still down 3.7%, while Solana has slipped 4.5% to $172….
The US Securities and Exchange Commission on July 29 approved orders permitting in-kind creations and redemptions for Bitcoin and crypto exchange-traded products, reversing the cash-only constraint that governed January’s spot bitcoin launches and this spring’s ether funds. In a formal statement, the agency said bitcoin and ether ETPs “will be permitted to create and redeem…
After coming close to the $120,000 price mark a few days ago, Bitcoin’s price faced notable bearish pressure, causing the flagship asset to fall back to $116,000. With BTC experiencing price swings, short-term holders have begun to offload their holdings, indicating panic selling among these investors. Losses Mount For Short-Term Bitcoin Holders As Bitcoin battles…