This month, Bitcoin’s hashrate dropped 15% amid a summer heat wave that stressed the United States’ electricity grid. Crypto hacks and exploits have racked up record numbers, costing investors and platforms $150 million in June alone. Moreover, businesses have followed the example of vocal Bitcoin (BTC) proponent and Strategy executive chairman Michael Saylor by adding…
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Key takeaways: Bitcoin price coils at $107,000 as liquidity builds up around the all-time highs. A support/resistance flip at $109,000 is a must for the bulls as new record highs become “inevitable,” says analyst. Bitcoin saw modest gains over the weekend, climbing by as much as 3% to $108,000 on June 29, mirroring similar movements…
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Michael Saylor’s Strategy, the world’s largest public holder of Bitcoin, continued beefing up its BTC holdings last week amid rebounding investor sentiment and rising prices. Strategy acquired 4,980 Bitcoin (BTC) for $531.1 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on Monday. Strategy’s latest Bitcoin purchases…
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Chainlink, a decentralized blockchain oracle network for crosschain communication, launched a compliance framework aimed at unlocking over $100 trillion worth of institutional investor capital for the cryptocurrency space. The decentralized oracle network announced the release of its Automated Compliance Engine (ACE) on Monday. The system provides a modular and standardized framework for managing regulatory compliance…
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The National Bank of Kazakhstan plans to establish a state-managed cryptocurrency reserve, according to a Monday report by government news agency Kazinform. Local authorities are studying the development of a crypto reserve, which would follow international practices. Typically, such reserves are likely to be funded with expropriated digital assets and state-run crypto mining operations, the…
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Cryptocurrency investment products posted another strong week, bringing total inflows for the first half of 2025 close to last year’s figure, according to a new report from digital asset manager CoinShares. Global crypto exchange-traded products (ETPs) posted $2.7 billion in inflows in the trading week ending Friday, marking 11 consecutive weeks of inflows, CoinShares reported…
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In a land where ancient monasteries overlook misty mountains, cryptocurrency is quietly becoming part of everyday life. During the Binance Crypto-Powered Tour in the Kingdom of Bhutan, Cointelegraph traveled across Bhutan’s capital city of Thimphu and the popular cultural and tourism district of Paro to gauge grassroots interest in crypto. At Changyul Park and a…
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Bitcoin (BTC) heads into a key double candle close just inches from records — can bulls stay in control? Bitcoin order-book liquidity games continue as the monthly and quarterly close sets the stage for sudden price moves. BTC/USD only needs to close June at $104,630 to seal its highest-ever monthly close. A calm week for US…
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An unlucky trader was liquidated eight times in the last week, according to blockchain analytics service Lookonchain. The trader, under the handle Qwatio, saw a total loss of $12.5 million. In the latest liquidation on Monday, Lookonchain said Qwatio was partially liquidated for an Ether (ETH) position that was leveraged by 25X. A new liquidation price…
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Japanese Bitcoin treasury firm Metaplanet has surpassed mining company Cleanspark in becoming the fifth-largest corporate holder of Bitcoin after buying another 1,005 BTC for $108 million. The firm now holds 13,350 BTC acquired for around $1.31 billion at around $97,832 per Bitcoin. At current market prices, the treasury is worth $1.45 billion. Bitcoin mining company…
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