Bitcoin rises toward $64,000 as Coldcard exploit, Strategy sales recede. ADA advances
Bitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme…
Strategy’s STRC retakes $90 after 24% rebound from June closing low
The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC. Source:Cointelegraph
US yen intervention puts Bitcoin, risk assets on notice for liquidity flux
The first USJapan joint yen intervention in 28 years came amid record bond yields and worries about the yen carry trade. Source:Cointelegraph
Why Jim Cramer’s quantum panic isn’t rattling bitcoin as price holds steady around $64,000
Jim Cramer says he's dumping his bitcoin over quantum computing fears, but his track record of crypto and bank calls has buoyed the crypto community.…
A bitcoin wallet dormant since 2013 moved $31 million, and it's not the only one
A 12yearold bitcoin wallet moved $31 million on Monday, part of a broader wave of dormant coins shifting since the Coldcard hack. Source:CoinDesk
U.S.-Japan intervention revives yen carry trade fears for bitcoin
Coordinated action sent the yen sharply higher, but bitcoin’s recent correlation suggests U.S. dollar strength, rather than the carry trade, may be the bigger…
US hints at more yen intervention: Five things to know in Bitcoin this week
The US and Japan coordinate on the yen for the first time since 2011 as Bitcoin traders brace for a historically rough August. Source:Cointelegraph
Circle slides after Morgan Stanley downgrade, cut in price target
The bank said tokenized money market funds, Open USD and slower USDC growth could weigh on the stablecoin issuer's earnings. Source:CoinDesk
Bernstein sees another leg lower for crypto markets if Clarity Act stalls
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking. Source:CoinDesk
Strategy sold another $105 million of bitcoin last week, repurchased $81.2 million of STRC
The company trimmed bitcoin holdings by 1,638 coins, while raising $290.6 million with sales of common stock. Source:CoinDesk
Ripple invests in Zilo and Licuido to assist tokenized capital markets push
Ripple made a strategic investment in Zilo and Licuido as it looks to enable the use of tokenized funds as collateral from the point of issuance.…
Bitcoin may find bear market bottom in August: 10x Research
Bitcoin could confirm an August bearmarket bottom, though rising Treasury yields could force the Fed to raise rates in September, according to 10x Research.…