Bitcoin Crash To $100K Likely Due To Tariffs, War And Weather

Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Bitcoin (BTC) briefly dipped below $100,000 on Monday after Iran launched attacks on United States military bases in Qatar. Although the…

Bitwise Adds In-Kind Redemptions to DOGE, APT ETF Filings

Bitwise has amended its proposed Dogecoin and Aptos exchange-traded funds to include in-kind redemptions, according to filings on Thursday. The updates come as discussions around altcoin ETFs and redemption structures gain traction with US regulators. In-kind redemptions allow investors to exchange ETF shares directly for the underlying tokens. The mechanism is considered more tax-efficient and…

Bitcoin Crash To $100K Likely Due To Tariffs, War And Weather

Key takeaways: Despite strong macro trends, Bitcoin derivatives show fading investor confidence in sustaining the recent price gains. Bit Digital’s pivot to Ether raises fears that other miners may also unload their BTC reserves. Bitcoin (BTC) briefly dipped below $100,000 on Monday after Iran launched attacks on United States military bases in Qatar. Although the…

Sam Altman-Linked World Moves To Prioritize Humans Over Bots

World Chain, a layer-2 (L2) blockchain linked to OpenAI CEO Sam Altman, has launched a new tool to prioritize real humans over bots to ensure transaction speed. Priority Blockspace for Humans (PBH), a new open source mechanism on the World Chain mainnet, marks World’s latest effort to build a blockchain designed for humans, according to…

Crypto ETPs Post $1.2B Inflows While Spot Prices Drop

Cryptocurrency investment products continued to attract strong investor interest last week despite major crypto assets like Bitcoin and Ether posting notable price drops. Global crypto exchange-traded products (ETPs) recorded $1.24 billion of inflows for the trading week ending Friday, CoinShares reported on Monday. With the latest inflows, crypto ETPs continued breaking year-to-date (YTD) inflow records,…

Banking Committee Chair Sets September Goal For Market Structure Bill

US Senator Tim Scott, chair of the Senate Banking Committee, said the chamber would be aiming to pass legislation for digital asset market structure “before the end of September.” In a Thursday “fireside chat” with Wyoming Senator Cynthia Lummis and White House crypto adviser Bo Hines, Scott said “for the market to function completely,” Congress…

Bitcoin’s Bullish Pattern Predicts New All Time Highs

Key takeaways: Since 2021, 78% of Bitcoin’s bullish engulfing patterns have led to new local highs, especially within broader uptrends. Bitcoin has absorbed over $544 billion in capital since November 2022, pushing the realized market cap to $944 billion. Bitcoin (BTC) closed Monday with a strong 4.34% daily gain, forming a bullish engulfing candlestick that…

Judge Torres denies Ripple and SEC joint motion for indicative ruling

A US district court denied a joint motion from the US Securities and Exchange Commission (SEC) and Ripple requesting an indicative ruling to reduce a $125 million civil penalty and reverse an order defining primary sales of XRP (XRP) to institutional investors as securities transactions under Article 5 of the Securities Act. An indicative ruling…

Bitcoin (BTC) Treasury News: Lingerie Fighting Championships Joins

The bitcoin treasury trend — which has seen many firms globally adopting Michael Saylor’s strategy — entered a new phase on Thursday. Lingerie Fighting Championships (BOTY), a Las Vegas-based women’s MMA league, announced plans to acquire $230,000 worth of bitcoin within 30 days and up to $2 million over the next six months. The decision…

What Will Trigger BTC Price Breakout?

Key takeaways: Bitcoin’s weakening MVRV momentum could signal the start of the late stage of the bull cycle. Spot and onchain transfer volume must recover for BTC price to break out.  BTC bulls must flip the $108,000-$110,000 into new support. Bitcoin’s 50% rally to $112,000 from its April lows below $74,000 appears to be cooling…