Bitcoin price analysis eyes the potential end of its current macro downtrend based on weekly RSI signals. Bitcoin (BTC) price action is offering mixed signals after hitting $80,000 as traders diverge on market trajectory. Key points: Read more
Thailand’s SEC opened consultations on local Bitcoin and Ether ETF rules and qualification standards for foreign digital asset custodians. Thailand’s Securities and Exchange Commission (SEC) has advanced its framework for locally listed spot Bitcoin and Ether exchange-traded funds (ETFs) from proposed principles to draft regulations while revising its approach to foreign digital asset custodians. The regulator said Monday it is seeking feedback on two consultation papers. One contains draft regulations for Thai crypto ETFs, while the other proposes principles governing the qualifications of foreign digital asset custodians engaged by mutual and private funds investing in digital assets. During the initial stage, asset managers could establish passive ETFs tracking Bitcoin (BTC) or Ether (ETH), the only two eligible crypto assets. Read more
As BTC tops $80,000 for the first time since May, price analysis warns that the market still needs to sustain higher levels to challenge the bear-market thesis. Bitcoin (BTC) passed $80,000 after Monday’s Wall Street open as bulls built on last week’s snap BTC price rally. Key points: Data from TradingView showed BTC/USD passing the $80,000 for the first time since May 15, up another 3% on the day before pulling back following the European close. Read more
Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin. Strive purchased 1,110 Bitcoin for about $81.5 million last week, bringing its total holdings to 21,356 BTC. According to a Monday filing with the US Securities and Exchange Commission, the company paid an average of $73,409 per Bitcoin (BTC), including fees and expenses, for purchases made between Aug. 17 and Aug. 21. Strive’s cash and cash equivalents rose by $17.1 million to $171.9 million over the period, while its Class A shares outstanding increased by 3.65 million to 79.89 million. Bitcoin was trading near $79,000 on Monday, about 8% above the average price Strive paid for its latest purchase. The purchase lifted Strive to the seventh-largest publicly traded corporate BTC holder, behind Bullish and ahead of SpaceX, according to BitcoinTreasuries.NET data. Its Nasdaq-traded ASST shares were up more than 11% in Monday morning trading, poise...
Bitget CEO Gracy Chen doesn’t believe the current Bitcoin rally is sustainable, and she aims to buy more BTC around the $50K mark later in 2026 or early next year. Bitget CEO Gracy Chen isn’t convinced that Bitcoin’s recent rally to $79,000 marks the end of the bear market. She is keeping a significant portion of her portfolio in stablecoins and watching for a drop of more than $25,000 from current prices as a potential level to buy back into Bitcoin. “I would say $50K is the number that I’m looking at for my personal Bitcoin buyback sort of price,” Chen tells the Trade Secrets show. That being said, Chen isn’t claiming to have any special insight into where Bitcoin’s notoriously unpredictable price is headed. She also thinks its possible Bitcoin could end the year $20,000 higher. Read more
Bitcoin closed a weekly candle above its 50-week EMA for the first time since late 2025 as markets prepared for the Jackson Hole symposium. Bitcoin (BTC) starts the final week of August near its highest levels since mid-May as its bear-market recovery reaches a critical stage. Key points: Read more
US spot Bitcoin ETFs attracted $1.92 billion last week, their strongest weekly inflow since October 2025, as Bitcoin briefly climbed above $78,000 on Friday. US spot Bitcoin exchange-traded fund (ETF) inflows surged last week after months of uneven flows, with investors pouring nearly $2 billion into the products amid a surge in Bitcoin’s price. Bitcoin ETFs recorded $1.92 billion in net inflows during the week ending Friday, marking their strongest weekly performance in nearly 10 months, according to SoSoValue data. ETF analyst Nate Geraci said Sunday that spot Ether ETFs also attracted about $700 million. He added that Bitcoin and Ether funds each posted their strongest weekly inflows since October 2025. Read more