Metaplanet CEO shuts down Bitcoin sale speculation after $322M transfer
Metaplanet CEO Simon Gerovich said no Bitcoin was sold after the company moved 5,014 BTC between custodial addresses for about $8 in fees. Source:Cointelegraph
Bitcoin slips near $63,500 as traders look past CPI to Fed’s next tests
An inline inflation print removed a tail risk but gave BTC little reason to rally, leaving Jackson Hole, jobs data and the next CPI release as the market’s…
Goldman Sachs to acquire ETF manager NEOS in $2.25B deal
The deal would add NEOS’ $30 billion ETF business, including Bitcoin and Etherlinked income funds, to Goldman Sachs Asset Management. Source:Cointelegraph
Goldman Sachs leaps into bitcoin income ETFs with $2.25 billion NEOS buyout
The $2.25 billion deal expands Goldman’s derivative platform to $130 billion in total ETF assets, taking direct aim at BlackRock's rival BITA fund, according…
Bitcoin eyes $63K as US CPI relief sends September Fed rate pause odds to 60%
Bitcoin price action did not reflect relief in US CPI inflation numbers matching expectations amid a warning over $63,000 failing as support.…
El Salvador’s Bitcoin experiment turns 5: ‘It was for us, not them’
Five years after El Salvador made Bitcoin legal tender, the experiment has fallen short of its original promises for locals, but it’s been great for Bitcoin’s…
U.S. CPI inflation slows to 3.4% as expected, bitcoin holds near $64,000
Both headline and core inflation matched economists’ expectations, while bitcoin held near $64,000 and Treasury yields declined. Source:CoinDesk
Russia moves to restrict retail crypto trading to bitcoin, ether and USDT
Nonqualified investors face a 300,000ruble (approx. $3,600) annual purchase limit per intermediary, while qualified investors have no cap. Source:CoinDesk
Bitcoin holds near $64,000 as U.S. inflation data looms, Harmony exploit rattles altcoins
Markets are quiet ahead of the July inflation print, with bitcoin little changed, oil near $90 and Harmony nursing a fresh exploit. Source:CoinDesk
Bitcoin miners earn under 0.7% of revenue from fees in new 10-year low
Bitcoin miners showed a “concerning” trend of pivoting to AI amid a profit squeeze as transactionfee income barely bounced from 10year lows of 0.52% of…
Crypto companies urge AI firms to give Bitcoin developers early access
The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and opensource…
One overlooked group has added $1.78 billion of selling pressure to bitcoin market
Public miners are an underappreciated source of supply hitting the market right at the margin. Source:CoinDesk