Bitcoin | Crypto

Strategy (formerly MicroStrategy) has begun buying back its STRC preferred stock as the Bitcoin treasury company shifts more capital toward supporting its financing structure. In a July 27 SEC update, Strategy said it purchased 288,930 STRC shares for $25 million between July 20 and July 26, marking the first disclosed use of a $1 billion […] The post Strategy hits a 5 week pause on Bitcoin, using $25M to quietly buy back its own discounted stock appeared first on CryptoSlate.

Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million. Apple is facing a lawsuit from three customers who say they lost a combined $1.8 million after downloading a fake Bitcoin wallet app from the App Store. The complaint, filed Friday in the US District Court for the Northern District of California, alleges Apple failed to adequately review and monitor apps despite promoting the App Store as a trusted marketplace, according to a copy of the filing obtained by MacRumors. The plaintiffs, James Ramirez, Christopher Ellis and Jalen Delgado, said they entered their seed phrases into the fraudulent app, allowing scammers to transfer their Bitcoin. They reported losses of about $875,000, $840,000 and $120,000, respectively, during 2025, according to the complaint. Read more

The company added nearly 10,000 ETH over the past week, bringing its holdings to 5.79 million Ether, about 85% of which is staked through its validator operations. Bitmine Immersion Technologies said Monday it holds 5.79 million Ether, or about 4.8% of the cryptocurrency’s total supply, after purchasing nearly 10,000 ETH over the past week. Bitmine disclosed that about 4.9 million ETH (ETH), or roughly 85% of its holdings, are staked through its validator operations. The company projected annualized staking rewards of about $299 million once all of its Ether is deployed across its staking infrastructure and partner validators. The company’s crypto holdings, cash and marketable securities total $11.8 billion as of July 26. The latest purchases come as Ether has outperformed Bitcoin (BTC) over the past week. ETH has gained about 2.4% over the past seven days while Bitcoin has fallen roughly 0.7%, according to CoinGecko data. In Monday’s announcement, Bitmine Chairman Tom Lee said the rising ETH/BTC ratio, which...

The new complaint alleges an internal desk exploited customer data, while BitMEX says the case has no basis. The post Lawsuit claims BitMEX used server freezes and internal trading to seize 622 Bitcoin ahead of its September closure appeared first on CryptoSlate.

Bitcoin copied US stocks as relief over end of US-Iran strikes spread to risk assets at the start of the US trading session. Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Key points: Data from TradingView showed BTC/USD spiking to near $66,000 as markets reacted to a pause in strikes between the US and Iran.  Read more

Bitcoin traders prepared to navigate a slew of volatility catalysts as US inflation data and US-Iran war triggers keep risk-assets in an unpredictable state. Bitcoin (BTC) heads into the end of July juggling volatility catalysts as the Federal Reserve reacts to US inflation. Key points: Attention turns once more to the US Federal Reserve this week, with the Federal Open Market Committee (FOMC), chaired by Kevin Warsh, set to announce its latest interest rate decision on Wednesday, July 29. Read more

Bitcoin reclaimed $65,000 on Monday as a pause in US-Iran strikes revived demand for risk assets ahead of a pivotal Federal Reserve meeting. Data from CryptoSlate showed that the largest cryptocurrency rose about 1% to $65,155, while Ethereum gained 4% to around $1,964, its highest level since early June. The move came as Washington temporarily […] The post Bitcoin’s $65,000 rebound looks like a relief rally, but Wednesday’s Fed decision could turn it into a trap appeared first on CryptoSlate.

The company still held 1,514 BTC and $45 million of debt on July 10 as it moved capital toward two separate infrastructure investments. The post Inside the $87 million BTC sell-off driving a Bitcoin treasury pivot into AI data centers appeared first on CryptoSlate.

Bitcoin is in a mid-term accumulation phase whose results could emerge over the next two months, the analyst said.

Voluntary sales removed KULR’s collateral risk and Smarter Web’s near-term maturity and 7.7 million potential shares. The post Why two public companies quietly liquidated 511 Bitcoin in 24 hours to escape $31.7 million in debt appeared first on CryptoSlate.

Traders spent most of July with a pretty good explanation for why Bitcoin wouldn't move. A dense cluster of options contracts had the price boxed in, they argued, because the dealers who sold those contracts were buying every dip and selling every rally to keep their own books balanced. Clear the contracts away, and Bitcoin […] The post Bitcoin traders ran out of excuses for the market’s flatline – and now a $2.5 billion bet is running out of time appeared first on CryptoSlate.

Dormant BTC activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Dormant Bitcoin movement in the second quarter fell to its lowest level since the third quarter of 2022, according to data shared by Alex Thorn, Galaxy’s head of firmwide research. Coin days destroyed, a metric that gives greater weight to older coins, showed a similar decline. Thorn said the earlier spikes were driven by “OGs taking profit,” similar to the pattern seen during Bitcoin’s 2017 bull market, suggesting long-term holders have slowed selling after elevated distribution in 2024 and 2025. Read more

Bitcoin is trading near $64,500 this weekend, sitting between $65,000 resistance above and $62,500 support below, the two prices that will define its week. Bitcoin climbed as high as $66,990 on July 21, a one-month high, before slipping back under $65,000 and turning that former breakout line into overhead resistance. Trading volume over the past […] The post Bitcoin price has a $64.5k trap as Sunday’s close forces traders between a $68k relief rally or a drop to $60k appeared first on CryptoSlate.

Bitcoin could lower mining difficulty by roughly 16% when its next adjustment arrives around July 26, handing the machines that remain online a considerably larger expected share of the network’s rewards while doing almost nothing to resolve the expensive power contracts, debt obligations and strategic pressures pushing some of the industry’s largest companies away from […] The post Bitcoin is about to give miners a 16% lifeline, but $19 billion in AI deals is luring them away anyway appeared first on CryptoSlate.

Two Wall Street trading desks can hold economically similar exposure to Bitcoin and still pay materially different amounts to keep that exposure open. That's not because one desk made a better market call, but because the regulated products carrying the positions are inside collateral systems that don't always recognize them as parts of the same […] The post The $25 million Bitcoin glitch hiding inside Wall Street’s clearinghouses appeared first on CryptoSlate.

The Bitcoin Policy Institute and three partner organizations will be able to send employees to work alongside State Department officials to address issues including digital freedom. The US Department State Department has launched a program to “advance diplomatic efforts on digital freedom and freedom of expression” using a Bitcoin (BTC) advocacy organization as a partner. In a Friday X post, the Bitcoin Policy Institute (BPI) said that it would be a founding partner in the US State Department’s Freedom Tech Excellence Program (FTEP), alongside Palantir Technologies, Anduril Industries and the Victims of Communism Memorial Foundation. According to the organization, the program will allow its employees “to work alongside state department experts and defend digital freedoms around the world.” “FTEP brings private sector talent to the Department for limited-term assignments to advance diplomatic efforts on key issues including online freedom of expression, privacy-enhancing technologies, countering digital survei...

Bitcoin traded around $64,000 on July 25 after changing hands near $65,000 around the ECB’s July 23 decision as the central bank kept rates unchanged, its bond portfolios continued shrinking, and euro-area banks tightened access to business and housing credit. The ECB kept its three key interest rates unchanged, leaving the deposit facility rate at […] The post Bitcoin is now fighting the ECB’s €51.8 billion bond wall for a shrinking pool of capital appeared first on CryptoSlate.

Bitcoin's daily correlation with the S&P 500 fell to 0.12 during the second quarter, down from 0.58 in the fourth quarter of 2025, according to a joint report from Coinbase Institutional and Glassnode covering data through June 30. Its correlation with the Nasdaq sat at 0.21 over the same window, and gold moved in the […] The post Bitcoin broke away from AI stocks but now $96 oil could turn its escape into a trap appeared first on CryptoSlate.

Strategy has published a financial metric showing that Bitcoin could decline at a constant annual rate of 11.34% across the weighted duration of the company’s credit structure before its modeled coverage falls below 1.0x. The BTC Floor ARR stood at -11.34% at 3:35 p.m. BST on July 24, when Strategy’s dashboard showed a weighted credit […] The post Strategy now publishes the Bitcoin return threshold below which it may have to restructure appeared first on CryptoSlate.

US spot Bitcoin ETFs recorded $225 million in net outflows on July 23, ending a seven-session inflow streak as net redemptions from BlackRock’s iShares Bitcoin Trust dominated the reversal. IBIT posted a $202 million net outflow, accounting for 89.96% of the US spot Bitcoin ETF sector’s aggregate net outflow. Five other funds recorded combined outflows […] The post BlackRock’s IBIT accounted for 90% of a $225 million Bitcoin ETF reversal after a seven-day buying streak appeared first on CryptoSlate.