Liquid Network recovers 3,400 BTC as restart preparations continue
A September 7 transfer returned most of the bitcoin withdrawn from Liquid's reserves, but recovery of funds does not itself confirm a network restart.
Bitcoin News
Bitcoin network development, adoption and market coverage.
Hyperscale Data Ends Bitcoin Mining as BTC Holdings Fall 79%
Hyperscale Data has ended Bitcoin mining at its Michigan facility and reduced its BTC holdings by about 79% while funding an AI data center project.
Webull Expands Crypto Trading to Canada Through Coinbase Partnership
Webull has launched crypto trading in Canada using Coinbase’s trading and custody infrastructure, adding Bitcoin, Ether, Solana and other digital assets to its brokerage offering.
Sber Plans USDT and Ether-Backed Loans as Russia Expands Crypto Rules
Russia’s Sber plans to accept Bitcoin, Ether and USDT as loan collateral while questioning demand for the digital ruble ahead of its Sept. 1 rollout.
Bitcoin Could Drop To $57K By October Based On Historical Cycle Trends: Analyst
Bitcoin could fall to around $57,000 by October based on historical market cycle trends. Analysts say current macro conditions and weak market sentiment may limit upside in the near term. Key resistance and technical indicators suggest further downside risk before the next major rally.
Bitcoin Falls Below $71K As US Blockades Strait Of Hormuz, Oil Prices Surge
Bitcoin fell below $71,000 after the US announced a blockade of the Strait of Hormuz, triggering a sharp rise in oil prices. The move reflects growing geopolitical tensions between the US and Iran. Despite the dip, Bitcoin remains up overall since the conflict began and continues to show resilience compared to traditional markets.
Bitcoin ETFs See First Back-To-Back Weekly Inflows In Five Months
US spot Bitcoin ETFs recorded their first back-to-back weekly inflows in five months, bringing in about $568 million this week. Ether ETFs also saw a second week of positive flows. The rebound hints that institutional demand for crypto ETFs may be returning after months of withdrawals.
Solv Protocol offers 10% bounty after $2.7M exploit targets Bitcoin vault
Solv Protocol lost about $2.7 million after a smart contract exploit allowed an attacker to mint tokens and swap them for Bitcoin-pegged assets. The platform has offered a 10% bounty to recover the funds and says affected users will be reimbursed. Security firms are now investigating the breach.
Bitcoin slides as US-Israel strikes on Iran trigger $128B crypto sell-off
Bitcoin and Ether fell after US-Israel strikes on Iran erased $128 billion from crypto markets. Investors rotated toward traditional safe havens, while derivatives data showed rising short-term risk aversion. The move extends Bitcoin’s broader post-October correction.
Bitcoin wallets holding 100 BTC near 20,000 mark as analysts flag shift in distribution
Bitcoin is close to reaching 20,000 wallets holding at least 100 BTC, a milestone some analysts see as a sign of healthier distribution. While large-holder supply share remains steady, the rise in qualifying wallets suggests renewed accumulation during the recent drawdown. Market watchers are now looking for technical confirmation of a higher low to support further upside.
Analysts dismiss ‘10 a.m. Bitcoin dump’ theory, say market moves reflect broader risk dynamics
Online claims that Jane Street is engineering a daily 10 a.m. Bitcoin sell-off are not supported by market data, analysts say. Intraday volatility appears more closely tied to broader risk-asset repricing than coordinated manipulation. In a deep, global market like Bitcoin, no single firm is likely to control long-term price direction.
Standard Chartered reaffirms $2T stablecoin forecast, cuts T-bill demand outlook
Standard Chartered still expects the stablecoin market to reach $2 trillion by 2028, calling recent stagnation cyclical. However, it cut its forecast for stablecoin-driven T-bill demand to $800 billion–$1 trillion. The bank remains constructive on long-term crypto growth, even as it trims near-term Bitcoin price targets.
Bitdeer sells entire Bitcoin treasury, cuts corporate BTC holdings to zero
Bitdeer has sold all of its Bitcoin reserves, reducing corporate holdings to zero. The move comes alongside a $300 million convertible note raise and reflects mounting pressure on miners after the halving. As margins tighten, the industry is increasingly pivoting toward AI and data center revenue streams.
MARA acquires 64% of Exaion, accelerating shift from Bitcoin mining to AI data centers
MARA has secured a 64% stake in French data center firm Exaion, deepening its move into AI and cloud services. The deal reflects a broader trend of Bitcoin miners diversifying as post-halving economics and rising difficulty pressure margins. AI infrastructure is emerging as a parallel revenue stream.
Bitcoin ETFs post $105M in outflows as Q4 filings reveal surprise IBIT buyer
US spot Bitcoin ETFs saw $105 million in outflows as trading volumes cooled. Q4 filings revealed both aggressive buying and sharp reductions in IBIT holdings, including a surprise $436 million purchase by a little-known Hong Kong entity. Institutional positioning appears to be rotating rather than exiting the market altogether.
Bitcoin–Nasdaq split signals looming AI credit shock, warns Arthur Hayes
Arthur Hayes argues that Bitcoin’s divergence from tech stocks could signal a looming AI-driven credit crunch. He believes large-scale job losses may force central banks back into money printing, ultimately pushing Bitcoin to new highs.
Steak ‘n Shake credits Bitcoin payments for sales surge as treasury sits underwater
Steak ‘n Shake says accepting Bitcoin has helped drive double-digit same-store sales growth and build a $15 million BTC reserve. However, its treasury holdings are currently sitting at an unrealized loss, underscoring the volatility that comes with integrating crypto into corporate finance.
Metaplanet posts 738% revenue surge as Bitcoin operations drive 95% of sales, but volatility triggers net loss
Metaplanet’s pivot to Bitcoin has delivered explosive revenue growth, with crypto now driving 95% of sales. However, mark-to-market losses tied to Bitcoin’s price drop pushed the company into a sizable net loss. The firm remains committed to an aggressive treasury strategy, betting on long-term digital asset appreciation.