Bitcoin Stays Below $112K After Jobs Report
Bitcoin remains below $112K after a disappointing U.S. jobs report, with only 22,000 job additions in August, raising concerns of further sell-offs ahead. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Holds Above $110K Weak Jobs Boost
Bitcoin price remains above $110,000 as weak job data may drive the next bullish wave. #Update #Crypto $BTC
Bitcoin Launches $1B Treasury Fund by Sora
@SoraVC announced a $1 billion Bitcoin treasury fund, aiming to acquire the full amount in six months, backed by $200 million from institutional partners. #Update #Crypto $BTC
Bitcoin Uncovers $5 Billion From Movie2K Seizure
Arkham Intelligence has identified 45,000 dormant $BTC linked to the Movie2K piracy case, valued at nearly $5 billion, raising questions about Germany’s management of seized digital assets. #Update #Crypto $BTC
Bitcoin Briefly Rallies Ends with 1.3% Gain
Traders expect the Federal Reserve to cut interest rates by 25 basis points at its September meeting. #Update #Finance
Bitcoin ETF Acquires $23.5M in Shares
Cathie Wood’s @ARKInvest invested over $23.5M in BitMine Immersion Technologies and Bullish across its ETFs, while trimming stakes in other firms. BitMine holds 1.87M ETH valued at $8B. #Update #Crypto $ETH
Bitcoin Cycle Peak Extends to 2026
Bitcoin dips 10% post-ATH; Bitcoin Decay Channel suggests $BTC could peak at $205K-$292K by 2026, with current trading at $110,900. #Update #Crypto $BTC
Bitcoin Difficulty Surges as Hashrate Dips
Bitcoin mining difficulty surged 4.89% to a record 136.04 trillion, tightening pressures amid softer bitcoin prices. #Update #Crypto $BTC
Bitcoin Gold Ties Strengthen with El Salvador
Tether is investing billions in gold, boosting its stake in Elemental Altus Royalties, while El Salvador buys 14,000 ounces of gold for $50M. #Update #Crypto $USDT
Bitcoin Battles JPEG Spam Crisis
Adam Back critiques “JPEG spam” on Bitcoin, noting 20% increase in JPEG inscriptions to 105M since May, raising fees to 7,000 BTC ($777M). He warns of reputational harm and higher costs for users. #Update #Crypto $BTC
Bitcoin Ethereum Surge Why Not Dogecoin
Dogecoin remains 70% below its 2021 peak despite other cryptocurrencies like $BTC and $ETH reaching new highs, due to lack of utility and structural demand. #Update #Crypto $DOGE
Bitcoin Holds $110K Amid $113K Rejection
Aaryn Ling of @BTCCExchange highlights a shift in crypto-sports partnerships, focusing on reputation and research over impulsive endorsements. #Update #Crypto #Sports
Bitcoin ETFs Launch Transforming Crypto Market
Bloomberg’s James Seyffart suggests the altcoin season differs due to institutional adoption and Digital Asset Treasuries, impacting $BTC and $ETH. #Update #Crypto $BTC
Bitcoin Breaks Out Amid Weak US Jobs Data
Bitcoin briefly surged to $113,000 following weaker US payroll data, with $2 billion in stablecoin inflows and open interest at record highs; a weekly close above $112,500 is needed for confirmation. #Update #Crypto $BTC