Michael Saylor wrote on X that “there are 110 things more dangerous to Bitcoin than spam” and argued the proposal turns a spam dispute into a consensus change. Blockstream CEO Adam Back described the proposal as a “quest to police other people” and said it conflicts with Bitcoin’s permissionless design. BIP-110 would cap data-carrying transaction […]
Michael Saylor posted Strategy’s Bitcoin acquisition chart on X on Sunday, captioned “Orange dots tell only part of the story.” The post came six days after Strategy disclosed the sale of 3,588 BTC for about US$216 million (AU$311 million), the largest in its history, to fund preferred-stock dividends. Strategy held 843,775 BTC and US$2.55 billion […]
Bitwise senior investment strategist Juan Leon characterised the roughly 50% drawdown as Bitcoin’s mildest structural bear market on record, against 78% in 2022 and 84% in 2018. CryptoQuant’s July 8 report put its Bull Score Index at 20, well below the 60 it says a sustainable rally requires, and read the rebound from about US$57,700 […]
Bitcoin traded near US$61,800 on July 8, roughly 51% below its October 2025 record above US$126,000. Standard Chartered’s Geoffrey Kendrick says the cycle bottomed at about US$59,000 on June 5 and keeps a US$100,000 (AU$144,000) year-end target. Galaxy Research’s base case puts the low between US$40,000 and US$46,000 before the fourth quarter of 2026, and […]
Bitcoin rose nearly 10% over the past week to about US$64,023, touching a two-week high above US$64,500. Market maker Wintermute called the move a “textbook relief rally” driven by macro easing, a dovish Fed and Ethereum headlines. Bitcoin remains down about 50% from its October record of US$126,080, and Wintermute wants sustained inflows before calling […]
Bitcoin climbed to US$63,450 on Saturday before settling near US$62,700, the level of its closely watched 200-week moving average. A short squeeze drove the move, with about US$167 million in crypto positions liquidated over 24 hours as forced buying lifted the price. Traders flagged that the past seven Mondays have all delivered sell-offs, leaving the […]
US spot Bitcoin ETFs recorded US$221.7 million in net inflows on Thursday, their largest single-day intake in about two months. The inflows ended a punishing 10-day outflow streak that had drained US$2.73 billion led this time by Fidelity’s FBTC. BlackRock’s IBIT bucked the rebound with an outflow, and a US$5.4 billion year-to-date deficit shows one […]
Irish authorities have completed a third Bitcoin recovery linked to Clifton Collins, taking total seized assets to 1,500 BTC with Europol providing technical support. The case demonstrates how recovering illicit cryptocurrency depends not only on tracing blockchain activity but also on obtaining access to lost private keys. Around 4,500 BTC remains in nine untouched wallets, […]
Record June withdrawals from US spot Bitcoin ETFs pushed 2026 net outflows higher and reduced cumulative inflows since launch. BlackRock’s IBIT accounted for the vast majority of redemptions, while total ETF Bitcoin holdings fell below year-ago levels. Strategy’s new capital programme was overshadowed by the scale of ETF selling, with its shares reversing early gains […]
Cantor Fitzgerald analysts, led by Gareth Gacetta, said Bitcoin is “only a few months away from the bottom of this pullback” as the token trades near US$59,500 Across the previous three cycles, Bitcoin bottomed an average of 384 days after peaking; as of June 10 it was 252 days past its 2025 high, pointing to […]