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White House Touts ‘Trump Coin’ as TRUMP Memecoin Holders Sit on $3.81 Billion in Losses
The White House posted a nine-second video promoting a new $1 “Trump Coin” on Wednesday, briefly rattling the market for the TRUMP memecoin, where nearly 989,000 wallets remain underwater. Promotion on the Biggest Platform Possible The White House’s official account on social media platform X published a nine-second video on Wednesday captioned simply “TRUMP
Is Bitcoin Really Headed to $38,000? NYDIG’s October Scenario, Explained
Bitcoin could sink to a cycle low of $38,000 to $39,000 by October if the current drawdown matches the depth of 2022’s bear market, NYDIG said in its second-quarter review. A Bleak Scenario Bitcoin financial services firm NYDIG has mapped out a scenario in which bitcoin’s slide extends to $38,000-$39,000 by October, if the 2025-2026 […]
Coinbase Policy Chief Calls CLARITY Act a ‘Dramatic Advance’: Here’s What Comes Next in the Senate
Coinbase Chief Policy Officer Faryar Shirzad said the Clarity Act delivers “a dramatic advance in consumer protection and market integrity,” as the Senate targets floor action on the crypto market structure bill the week of July 20. More Support Pours In Shirzad made the case for the Digital Asset Market Clarity Act in a Fox […]
Stanford Study: Polymarket’s Bitcoin Bets Were Rigged in the Final 10 Seconds
A small group of traders extracted $8.2 million from Polymarket’s five-minute bitcoin contracts by pushing the spot price on Binance just before settlement, researchers from Stanford University and Singapore Management University found. Striking New Findings Emerge Polymarket’s fastest bitcoin betting product shows systematic signs of settlement manipulation
Saylor Hoards $3 Billion in Cash as Strategy’s $55 Billion Bitcoin Bet Sinks $9.9 Billion Underwater
Strategy Inc. (Nasdaq: MSTR) now pairs a $3 billion U.S. dollar reserve with 843,775 BTC worth roughly $55 billion, a barbell structure executive chairman Michael Saylor is pitching as the company’s path through the bear market. A New Strategy, No Pun Intended The world’s largest corporate bitcoin holder has stopped stacking and started hoarding dollars. […]
Solana Surpasses 300,000 RWA Holders, Leading All Blockchains by Wallet Count as Ethereum's Value Lead Narrows
Shared by @bitcoincom-news.bsky.social ↗
news.bitcoin.com16h agoSolana Surpasses 300,000 RWA Holders, Leading All Blockchains by Wallet Count as Ethereum's Value Lead Narrows
Shared by @bitcoincom-news.bsky.social ↗Bitcoin News16h agoGlassnode: Hyperliquid Bitcoin Longs Just Topped Levels From Q2’s $83K Run
Top traders on Hyperliquid are running some of the most aggressive bitcoin long positioning ever recorded by Glassnode, exceeding levels seen during the last run toward $83,000. A New Record Onchain analytics firm Glassnode revealed on Wednesday that leveraged traders on the decentralized exchange ( DEX) have built exposure that now exceeds anything the firm
Coinbase: 95–100% of Code Now AI-Written, Up from 40% in February
news.bitcoin.com1d agoCoinbase: 95–100% of Code Now AI-Written, Up from 40% in February
Bitcoin News1d agoBitcoin Reclaims $65,000 After Iran Selloff: Here’s What’s Driving the Rebound
Bitcoin climbed to $65,000 on Wednesday, reclaiming the level for the first time since renewed U.S.–Iran hostilities knocked the price below $62,000 earlier this week. The move caps a two-week recovery from a late-June low near $58,000. From $62K Panic to $65K Reclaim Bitcoin pumped to $65,005 during Wednesday’s session, with the reclaim arriving just […]
Taiwan Lawmaker Puts Bitcoin Reserve Odds at 80% in Five Years: Here’s His Roadmap
Taiwanese legislator Dr. Ko Ju-chun says there is “roughly an 80% chance” Taiwan establishes a strategic bitcoin reserve within five years if political conditions align and close to 100% within ten. Ushering in Serious Change Dr. Ko, an at-large member of Taiwan’s Legislative Yuan and vice co-chair of the legislature’s US-Taiwan Caucus, has emerged as […]
Morgan Stanley Updates Ethereum and Solana ETF Filings as Coinbase Takes Custody and Staking Role
Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant’s third round of revisions since its January debut filings. An Update With Major Implications The Wall Street bank updated its S-1 registration statements for
Stripe and Advent Offer $53 Billion for Paypal: Here’s What It Means for Crypto Payments
Payments processor Stripe and private equity firm Advent International have offered to buy Paypal for more than $53 billion, a 28% premium to Tuesday’s close. A deal would unite two of the most aggressive stablecoin players in fintech. A Massive Bid For the Payments Giant Reuters reported the exclusive earlier today, citing sources familiar with […]
Peter Schiff Sees a New Bitcoin Regret Coming: Not Selling Above $60,000
Economist Peter Schiff admitted he regrets not buying bitcoin early but predicted the next wave of regret will belong to holders who fail to sell above $60,000. The warning landed as bitcoin reclaimed $65,000 earlier today. A Familiar Refrain The gold advocate and longtime bitcoin critic said recently that people’s regret (including his own) over […]
Binance US Plots Comeback From 2-Year ‘Hibernation’ With 20% Market Share Target
Binance.US chief executive Stephen Gregory says the exchange is back in growth mode after a two-year “hibernation” brought on by the regulatory storm around the wider Binance brand. From Hibernation to Growth Mode Gregory laid out the plan for the firm’s comeback bid in a recent interview. Binance.US once held roughly 20% of American crypto […]
White House Loses Its CLARITY Act Dealmaker Days Before Expected July 20 Senate Vote
Patrick Witt, the White House crypto council executive director who has led CLARITY Act negotiations, works his final day Friday, roughly two days before a Senate floor vote expected around July 20. Deputy Director Harry Jung inherits the final push at the most delicate moment of the bill’s life. A Departure the Army Wouldn’t Postpone […]
Bitwise: Individual Investors Hold 66% of Bitcoin Supply, Retail Still Dominates
Bitcoin News2d agoBitwise: Individual Investors Hold 66% of Bitcoin Supply, Retail Still Dominates
news.bitcoin.com2d agoBitcoin Is Down 50% but Cryptoquant Says the Cycle Top Still Hasn’t Happened
Bitcoin’s current cycle may not have topped yet, according to Cryptoquant’s 365-day PnL Index Signal, which continues to trend lower, a pattern the analytics firm associates with markets whose peak still lies ahead. What the Signal Says Onchain analytics firm Cryptoquant noted that its 365-day PnL Index Signal continues to trend lower, “suggesting the curren