Bitcoin ETF Inflows Surge Amid Price Drop
Blackrock’s IBIT attracted $117.38M of the $174.60M inflows to U.S. Bitcoin ETFs despite BTC falling below $80K; strong U.S. jobs data complicates Fed rate outlooks. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Teeters Near $80K Momentum Cracks
Bitcoin’s price hovers near $79,715 as it struggles to reclaim $80,000, with momentum cooling and key support at $78,500. #Update #Crypto $BTC
Bitcoin Signals Bullish Trend on Bitfinex
Bitcoin’s weekly Super Trend indicator turns bullish, aligning with gold after U.S. Treasury buybacks expansion. @Bitfinex suggests using this shift to open long positions. #Update #Crypto $BTC
Bitcoin Investor Recovers $4.5 Million Fortune
British investor recovers $4.5 million in bitcoin after CEL Solicitors identifies a wallet with over 5,500 BTC linked to former Intersango users. #Update #Crypto $BTC
Bitcoin Meme Coin Meta Infuriates CEOs
Robinhood’s RWA meme coin meta surged, with $217M in volume as AMC CEO criticized the tokenization. BONER locked 53% of tokenized HIMS, causing weekend price spikes. #Update #Crypto
Bitcoin ETF Inflows Surge to $3.8B
US spot Bitcoin ETFs attracted nearly $1 billion in inflows last week, totaling $3.8 billion over three weeks, despite Bitcoin dipping below $79,000. #Update #Crypto $BTC
Bitcoin Alliance Launches Against Crypto Scams
U.S. and U.K. agencies form a joint alliance to tackle crypto scams costing Americans nearly $10 billion annually, with a disruption event planned in October. #Breaking #Legal
SEC Approves Bitcoin Ether XRP Solana Commodities
The SEC approved Nasdaq’s rule change designating $BTC, $ETH, $SOL, and $XRP as digital commodities, enhancing fund managers’ flexibility in crypto investments. #Update #Crypto $BTC $ETH $SOL $XRP
Bitcoin Initiative Blocked Over US Sanctions
Geyser rejected a Cuba Bitcoin project due to US sanctions compliance, sparking criticism for betraying Bitcoin’s ethos of financial resilience. #Update #Crypto
Bitcoin Faces Quantum Threat Urgency
The G7 urges immediate migration to post-quantum cryptography, warning that quantum computers could eventually decrypt encrypted data, affecting $BTC, $ETH, and $SOL. #Update #Cybersecurity
Bitcoin Donations Fuel El Salvador Accumulation
El Salvador’s Bitcoin gains are private donations, unlocking $140M IMF funding. The government privatized Chivo Wallet control, aligning with IMF transparency rules. #Update #Crypto $BTC
Bitcoin Soars as AI Takes Backseat
Bitcoin’s August rally boosted mining stocks by up to 67%, prompting @Strive and @Strategy to acquire 6,403 BTC for $226 million, while Bitmine nears 5% of ETH supply despite $5.1 billion in unrealized losses. #Update #Crypto $BTC $ETH
Bitcoin Launches Post-Quantum Verification Platform
@QuFiNetwork launched a post-quantum verification platform for digital assets, currently testing uBTC on Bitcoin Testnet4, using ML-DSA-65, SLH-DSA, and ML-KEM-1024 standards. #Update #Crypto $BTC
Bitcoin Advocate Michael Saylor Calls BTC Commodity
@MicroStrategy’s Michael Saylor defends Bitcoin advocacy as free speech, labeling it a commodity, while emphasizing that fraud remains illegal. His remarks coincide with ongoing discussions on the CLARITY Act in Washington. #Update #Crypto $BTC