Surplus rooftop solar power is redirected into Bitcoin mining instead of being exported to the electricity grid. Heat produced by the mining equipment is recovered and reused for brewing operations, reducing overall energy costs. The brewery sees potential for the technology to be adopted anywhere large volumes of hot water are needed. Excess solar energy […]
Michael Saylor posted Strategy’s Bitcoin acquisition chart on X on Sunday, captioned “We’re gonna need another color”, after four consecutive weekly filings disclosed no purchases. Strategy held 843,775 BTC as of 19 July at an average cost of US$75,476 a coin, and its last disclosed buy was 520 BTC reported on 22 June. The company’s […]
Bitcoin traded above US$65,800 on Wednesday, its highest level in more than a month and about 15% above its 2026 lows. Spot Bitcoin ETFs recorded a sixth consecutive session of net inflows, drawing about US$779 million since July 13 in their longest run since May. Bitfinex analysts flagged US$68,000 as the next test, where five […]
Bitcoin rose about 2% to trade above US$66,800 on Tuesday, and Coinbase shares closed up 9.6% at US$175.85. Treasury Secretary Scott Bessent said Congress was at the “1-yard line” on the CLARITY Act and pressed lawmakers to pass it before the August recess. The bill passed the House 294-134 in July 2025 but sits on […]
Brandt expects further downside before Bitcoin completes its current bear market cycle later in 2026. He argues genuine market bottoms are driven by investor capitulation rather than cautious optimism. Despite near-term weakness, he believes Bitcoin can reach substantially higher prices before the next cycle peak. Peter Brandt expects Bitcoin’s current market cycle to bottom on […]
Bitcoin dropped to about US$62,530 on Friday, roughly 2.6% below where it started the day, before recovering to end the session near US$64,110. The Nasdaq Composite closed down 1.40% after falling as much as 2.44% intraday, while the Philadelphia Semiconductor Index has lost 7.8% across three sessions. Brent crude settled at US$88.10 a barrel, up […]
Bitcoin reacted more strongly than major equity markets to softer US inflation, highlighting a growing sensitivity to macro liquidity conditions. On-chain data suggests selling pressure from long-term holders is easing while buyers absorbed much of June’s decline. The short-term holder cost basis near US$69,000 (AU$100,050) is emerging as the next major resistance, with stronger spot […]
Phong Le told Bloomberg Television the US$3 billion reserve strengthens liquidity and reassures preferred shareholders after their feedback, with no change to the Bitcoin thesis. Strategy made no BTC purchases or sales between July 6 and 12; it holds 843,775 BTC acquired for US$63.69 billion, the largest identified corporate stash. Le said the company’s roughly […]
US consumer prices fell 0.4% in June, the largest one-month decrease since April 2020, taking annual inflation to 3.5% from 4.2%, the Bureau of Labor Statistics reported on July 14. Bitcoin traded near US$64,700 (AU$93,218), up about 3.5% in 24 hours, while Ether outperformed at about US$1,875 (AU$2,700), up roughly 5.2%, according to CoinGecko data. […]
On-chain trackers Lookonchain and Onchain Lens flagged the transfer of 2,931 BTC worth about US$188 million on Sunday, citing Arkham data. The coins arrived in October 2018 when Bitcoin traded near US$6,513, putting the stash’s value at about US$19 million when it was received. The destination is an unmarked wallet with no known exchange or […]