US Treasury Secretary Scott Bessent clarified that the department was exploring budget-neutral ways to buy Bitcoin, contradicting an earlier comment that tanked the market. US Treasury Secretary Scott Bessent clarified that his department was still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve, in contrast with a recent comment suggesting it was…
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A crypto trader said Bitcoin is at a “key resistance,” similar to the level where it topped in 2021, but other traders argued historical charts can’t be applied to this cycle. Bitcoin’s price chart is starting to mimic the pattern it displayed when it reached the previous cycle’s all-time high of $69,000 in November 2021,…
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Bitcoin bulls lift their price target to $137,000 as odds of a Federal Reserve rate cut increase. Key takeaways: July US CPI held steady at 2.7% year-over-year, boosting Fed rate cut bets to 93.9% for September. Key price support lies between $117,650 to $115,650, with a deeper drop potentially testing a CME gap at $95,000.…
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Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July. Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin in July, beating MARA’s 703…
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The Bitcoin market is in a “relatively balanced position” despite the recent price pullback from all-time highs, Glassnode says. Bitcoin short-term holders in profit have eased their selling activity as Bitcoin’s price continues to slowly climb above its local low of $112,000, according to onchain analytics platform Glassnode. Profit-taking among Bitcoin Short-Term Holders (STH) —…
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Bitcoin has outperformed Berkshire and its top holdings in 2025, highlighting the cost of ignoring BTC as a hedge or growth asset. Key takeaways: Berkshire could have made $850M from Bitcoin with just a 5% allocation. Bitcoin has outperformed Berkshire stock and its top holdings in 2025. Berkshire Hathaway posted a headline profit of $12.3…
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The performance of the altcoins this week suggests “rapid derisking across the high-beta segments” of the crypto market. Altcoins’ failure to rally after Bitcoin’s recent drop to $112,000 has sparked debate about whether altcoin season is on the near-term horizon. Bitcoin briefly fell to $112,044 on Sunday, followed by a volatile few days before reaching $113,839…
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A key priority of the proposed PAC would be to send the Bitcoin price to $10 million, according to Bailey, and positioning “for the long term.” David Bailey, entrepreneur and Bitcoin adviser to US President Donald Trump, is seeking to raise $200 million for a political action committee to advance Bitcoin’s interests in the US.…
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White House digital assets chief Bo Hines confirmed strategic Bitcoin reserve plans remain active despite omission from a recent policy report. US President Donald Trump’s crypto liaison has confirmed that the administration is still keen on a strategic Bitcoin reserve, despite it not being mentioned in a recently published crypto policy report. “We do believe…
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Solo miners successfully adding blocks to the Bitcoin blockchain network is a rare event, but still not impossible in 2025. A solo Bitcoin miner successfully mined a block on Saturday, collecting the 3.125 BTC block reward, valued at $372,773. The miner, operating through the Solo CK pool, a solo mining service, successfully mined block 907283, which contained 4,038 transactions…
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