Bitcoin | Crypto

Bitcoin miners showed a “concerning” trend of pivoting to AI amid a profit squeeze as transaction-fee income barely bounced from 10-year lows of 0.52% of revenue. Bitcoin (BTC) transaction fees now account for just 0.69% of miner revenue as major players pivot to AI. Key points: Data from onchain analytics platform Glassnode shows that fees as a proportion of miner revenue remain near decade lows after falling to just 0.52% in April. Read more

$486.5 million of converts lock up 16,116 BTC while the new CEO pursues operating and credit businesses. The post Twenty One’s $2.8 billion Bitcoin pile is worth far more than its stock, but there’s a catch appeared first on CryptoSlate.

The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and open-source developers in their cybersecurity efforts. A group of cryptocurrency companies has urged frontier artificial intelligence (AI) labs to give Bitcoin developers early access to their most capable models. The letter, published by the Bitcoin Policy Institute (BPI) on Monday, said many digital asset defenders, including Bitcoin Core developers, lack access to lab cyber programs and can be blocked by guardrails on publicly available frontier systems, leaving them to rely on less capable open-weight models. The signatories urged frontier AI labs to “establish or expand standing trusted-access programs for qualified defenders of open-source financial infrastructure.”  Read more

The company now treats BTC as a managed reserve for dollar obligations, testing whether sales can remain voluntary. The post Strategy’s $4.6 billion cash buffer gives it almost 3 years before Bitcoin sales create real stress appeared first on CryptoSlate.

The $11.77 million fund stops trading after the Aug. 17 close, with cash expected around Aug. 28. The post This spot Bitcoin ETF only logged six inflow days ever – now investors have until August 17 before forced cash liquidation appeared first on CryptoSlate.

The price-dependent scenario is not a forecast, but the filing creates equity capacity twice Tydal’s remaining build bill. The post Bitcoin miner Bitdeer unlocks a $1B cash tap that dilutes shareholders by up to 30% to build its AI empire appeared first on CryptoSlate.

JAN3's 2025 B20 combines policy advances with enforcement custody, while dated Treasury records separate the coins from national reserves. The post The UK now ranks 3rd in global Bitcoin adoption, but court rules mean it can’t keep its 60,000 BTC as a reserve appeared first on CryptoSlate.

The company has bought roughly 25 times more BTC than it has sold this year, despite recent sales that challenged its long-standing accumulation strategy. Strategy CEO Phong Le said the company plans to resume accumulating Bitcoin later this year, even after shifting business priorities prompted it to sell portions of its holdings in moves that drew scrutiny from the market. In a Monday interview with FOX Business, Le said Strategy had purchased around 175,000 Bitcoin since the beginning of the year while selling roughly 7,000 BTC, making the company a significant net buyer. That’s “about 25 times more” buying than selling, Le said. He added that Strategy has gone from the world’s second-largest institutional Bitcoin holder to the largest. Read more

A 43-account launch roster says trusted access, sufficient compute and secure environments are becoming a defensive requirement. The post Coinbase, Strategy, and Blockstream back AI access push after vetted Bitcoin researcher gets blocked appeared first on CryptoSlate.

Bitcoin, Ethereum and Tether clear the central bank's liquidity bar—everything else, including XRP, stays off-limits for retail.

Bitcoin price action sank to one-week lows ahead of US CPI data, while retail investors piled into gold ETFs and XAU/USD hit its highest levels in nine weeks. Bitcoin (BTC) headed lower around Tuesday’s Wall Street open as investors’ appetite for gold sent the precious metal to nine-week highs. Key points: Data from TradingView showed BTC/USD abandoning a low-timeframe rebound to drop back below $64,000. Read more

The Bitcoin miner’s construction budget includes continued treasury sales before phased rent is expected in 2027 and 2028. The post Riot is dumping its Bitcoin to fund a $9.1B AI deal that won’t pay rent until 2027 appeared first on CryptoSlate.

Cash covers about 18 months of the current run rate in a static calculation, while common issuance has already become a funding channel. The post A 13% dividend is set to force another Bitcoin treasury company into the unthinkable: liquidating its BTC to pay cash appeared first on CryptoSlate.

A Nov. 30 holder put would exceed June cash and short-term investments in a full-tender scenario, but it does not make a Bitcoin sale inevitable. The post Trump Media’s 14,139 Bitcoin stash faces options exposure and a looming $1 billion debt test appeared first on CryptoSlate.

Aug. 7 gross futures carry ranged from 5.69% to 7.89%, above the 4.19% Treasury yield, but public data cannot identify investor motive. The post Bitcoin futures carry trades are quietly beating Treasuries at 7.89% driving $850M Wall Street Bitcoin ETF spree appeared first on CryptoSlate.

Russia’s central bank proposed allowing Bitcoin, Ether and USDT to trade on regulated exchanges, following a law signed by President Vladimir Putin last week. Russia’s central bank has compiled a proposed list of crypto assets that could be admitted to public trading on exchanges under new rules approved last week. The list includes Bitcoin, Ether and Tether’s stablecoin USDT, the Bank of Russia said Tuesday, adding that the assets meet criteria including market capitalization, average daily trading volume and at least five years of price history on overseas markets. The proposal follows a new law, signed by President Vladimir Putin on Aug. 4, that gives the Bank of Russia authority to determine which digital currencies can be admitted to organized trading and set related rules. Read more

Bitcoin analysis suggested that sell pressure would not increase given the historically large contraction in USDT market cap over a 60-day period. Biggest stablecoin Tether (USDT) has shed $4 billion in market cap in just two months, but history suggests that the downturn is nearly over. Key points: Onchain analytics platform CryptoQuant in a blog post last week flagged market cap “undergoing one of its sharpest contractions on record.” Read more

Bitcoin trades near $64,000 heading into the most consequential US macro week of August, sitting almost on top of the market's largest nearby demand concentration. The Aug. 12 inflation report, due less than 48 hours out, will help decide whether that floor holds or gets tested. Glassnode's latest on-chain map puts that demand shelf at […] The post Bitcoin enters CPI week caught between a $63,000 on-chain demand zone and $69,000 holder resistance appeared first on CryptoSlate.

The Coldcard hack has no definitive loss figure yet as investigators rely on victim reports and onchain analysis that produce varying estimates. The Coldcard hack is testing crypto investigators’ ability to measure losses from self-custody wallets, where victim reports are critical to establishing the scale of the theft. Blockchain analytics platform CryptoQuant currently puts confirmed losses at 1,432 Bitcoin, while other analysts have traced substantially more funds to the attack. Galaxy Research and blockchain intelligence company TRM Labs both say their analysis points to a higher toll, while distinguishing between losses directly confirmed by victims and funds attributed to the attack through onchain patterns. Read more

Keel completed the shutdown of its US Bitcoin mining operations as it pivots toward AI and high-performance computing infrastructure Keel Infrastructure said it has decommissioned all US Bitcoin mining operations in preparation for high-performance computing (HPC) site construction, according to its second-quarter report published on Monday. The digital infrastructure company reported $30 million in revenue, down 50% year-on-year. The decrease was largely attributed to a decline in the average Bitcoin (BTC) price and the shutdown of its Moses Lake crypto mining operations in April 2026.  The company also reported a $141 million operating loss, compared with operating income of $11 million in the same period last year. The loss included $84 million in non-cash depreciation. Read more