Bitcoin Holdings Hit $700M as Goldman Exits ETFs
Goldman Sachs exits XRP and Solana ETFs, cuts Ether exposure by 70%, but maintains $700M in Bitcoin ETFs, boosting investments in Coinbase and Circle. #Update #Crypto $BTC
Bitcoin News
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Bitcoin Launches Hormuz Safe Insurance for Shipping
Iran has launched a Bitcoin-backed insurance service called ‘Hormuz Safe’ for companies transiting the Strait of Hormuz amid ongoing conflict, which has disrupted this critical oil route since February. #Update #Crypto $BTC
Bitcoin Holdings Surge to 843738 BTC
@MicroStrategy acquires 24,869 $BTC for $2.01 billion at an average price of $80,985, raising total holdings to 843,738 BTC valued at $65.3 billion. #Update #Crypto $BTC
Bitcoin Gains as Galaxy Secures BitLicense
@GalaxyDigital has received a New York BitLicense, becoming the second firm this year to do so after @Strike in March, enhancing its institutional crypto operations. #Update #Crypto
Bitcoin Miner Hive Surges on AI Gigafactory
Hive Digital Technologies’ stock surged 26% after announcing a 320 MW AI facility in Ontario, boosting its global capacity to 850 MW. #Update #Tech
Bitcoin Custody Bill Approved by Minnesota
Minnesota Gov. Tim Walz signed HF 3709, allowing state-chartered banks to offer crypto custody from Aug. 1, 2026. St. Cloud Financial Credit Union reports strong local demand. #Update #Legal
Bitcoin Dips Amid $1.1B ETF Outflows
CoinShares reports $1.1B outflows from crypto ETPs and ETFs, with $982M in Bitcoin and $249M in Ethereum. US led outflows; Europe saw inflows. XRP and Solana gained $120M combined. #Update #Crypto $BTC
Bitcoin Insurance Plan: Iran’s $10B Move
Iran’s Revolutionary Guard Corps promotes Hormuz Safe, a Bitcoin-settled maritime insurance platform for the Strait of Hormuz, amid sanctions and Europol’s crackdown on IRGC-linked activity. #Update #Crypto $BTC
Bitcoin Faces Resistance at $78,400
Bitcoin trades between $76,900 and $77,465 as momentum weakens with bearish signals; volume near $33B while traders eye $78.4K resistance. #Update #Crypto $BTC
Bitcoin Depot Files Bankruptcy Amid Regulations
@BitcoinDepot, a major U.S. cryptocurrency ATM operator, has filed for voluntary bankruptcy due to regulatory pressures, planning asset sales and restructuring in Canada amid tightening compliance challenges. #Breaking #Crypto $BTC
Bitcoin Crashes Under $77K Amid Sell-Off
Bitcoin fell below $77,000 as U.S. Treasury yields surged, causing $1 billion in ETF outflows and over $670 million in crypto liquidations. #Update #Crypto $BTC
Bitcoin Depot Files Chapter 11 Bankruptcy
Bitcoin Depot filed for Chapter 11 bankruptcy, ceasing its 9,000 Bitcoin ATMs amid regulatory challenges and financial losses. CEO Alex Holmes cites transaction limits and rising litigation costs. #Breaking #Legal
Bitcoin Ethereum ETFs Record $500M Outflow
Bitcoin spot ETFs saw $1B in outflows and Ethereum spot ETFs faced $255.1M withdrawals, marking the largest weekly declines since February, while altcoin-based ETFs attracted new investments. #Update #Crypto $BTC $ETH
Bitcoin Crashes as Downside Pressure Builds
Bitcoin price falls below $78,000, forming a bearish trend with resistance at $77,700. Immediate support is near $76,500; further declines possible. #Update #Crypto $BTC