Bitcoin | Crypto

Michael Saylor-led Strategy sold another $263.5 million of common stock last week, but the company used the fundraising to expand its cash reserve rather than add to its Bitcoin holdings. According to a July 20 SEC filing, the Tysons Corner, Virginia-based company issued 2.73 million Class A shares between July 13 and July 19, while […] The post Strategy’s Bitcoin metrics go negative amid $3.2B cash – sells 7.5M shares but buys 0 BTC for 4 weeks appeared first on CryptoSlate.

Bitcoin beat out local resistance to pass $66,000 amid predictions of as much as 6% BTC price upside if momentum continued. Bitcoin (BTC) passed one-month highs on Tuesday as price action defied the odds to top $66,000. Key points: BTC/USD hit highs of $66,306 on Bitstamp, according to TradingView data. That’s a level last seen on June 17. Read more

Brent crude futures reached $91.42 on July 20, their highest level since June 11, then eased to $88.28 as mediators floated a 10-day US-Iran ceasefire proposal. Bitcoin traded above $65,000 earlier in the session, registering an intraday high at $65,666 and a low at $63,100. As of press time, Bitcoin has now reached $66,313, while […] The post Oil is back near $90, so why is Bitcoin still above $66,000? appeared first on CryptoSlate.

US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin's fixed-supply argument. Treasury currently expects to borrow $671 billion in privately held net marketable debt during the July-to-September quarter, with the estimate built on a $950 billion end-of-September cash balance. […] The post Bitcoin breaks $66k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3 appeared first on CryptoSlate.

Despite muted derivatives sentiment, Bitcoin’s decoupling and Strategy’s cash raise set the stage for a potential rally to $70,000. Key takeaways: Bitcoin (BTC) showed relative strength over the past week, despite failing to break above $65,500. More importantly, the cryptocurrency has decoupled from traditional markets as investors took profits in memory-chip makers amid fears of excessive valuations in the artificial intelligence sector. Still, judging by Bitcoin’s derivative metrics, top traders are not particularly confident about a rally toward $70,000. Read more

The first five repurchases generated 24% more gross Bitcoin-per-share accretion per pound than a matched BTC purchase. The post Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin appeared first on CryptoSlate.

The Ethereum treasury firm added 7,430 ETH over the past week, bringing its holdings to nearly 5% of the network’s circulating supply. Top Ethereum treasury company Bitmine said Monday its Ether holdings had reached 5.78 million tokens, representing about 4.8% of Ethereum’s circulating supply, as the company closed in on its stated goal of accumulating 5% of all ETH. According to Monday’s announcement, the company added 7,430 ETH (ETH) over the past week. About 4.9 million ETH, or roughly 85% of its treasury, is currently staked through its validator network and partners. Bitmine valued its crypto, cash and marketable securities at $11.5 billion, including 207 Bitcoin and $385 million in cash and securities. The company also repurchased 5.5 million shares during the week under its previously authorized $4 billion buyback program. Read more

Bitcoin faced troublesome resistance at $65,000 while traders still saw a potential BTC price breakout into a “bullish market structure.” Traders balked on Bitcoin (BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure. Key points: Data from TradingView showed BTC price volatility returning around Monday’s Wall Street open. Read more

The headline figure is gross notional for one capped spread, while $72,500 touch odds stood at just 4.1%. The post Bitcoin gets $2.5B target for $72,000 by August as unknown trader bets big on Fed rally appeared first on CryptoSlate.

Bitcoin could surprise investors expecting another four-year cycle, as institutional developments potentially reshape the market's usual historical pattern this year.

Renowned trading analyst Peter Brandt says investing in Bitcoin today, will pay off much better in two to three years than buying AI stocks at current prices. Veteran trader Peter Brandt says he has pinpointed the exact day in 2026 when he expects Bitcoin to hit the bottom of this market cycle. “I’ll go out on a limb and say we bottom on October 4th. So we’ll see,” Brandt tells Cointelegraph during an interview for Trade Secrets.  Of course, picking the exact day of a market bottom is a tough ask, but the 51-year trading veteran has held firm on his October prediction for Bitcoin’s cycle low for quite some time. Read more

The Hyperliquid account closed 1,897.74 BTC before its recorded exit trades reached the listed $61,605 marker. The post Bitcoin whale dumps $122 million 40x long right before liquidation can strike appeared first on CryptoSlate.

Strategy boosted its cash reserve to $3.225 billion after selling MSTR shares, while investors weighed the value of its STRC preferred stock. Strategy, the world’s largest corporate holder of Bitcoin, is raising fresh capital through sales of its Class A common stock while maintaining its current Bitcoin holdings. Strategy raised $263.5 million through sales of its MSTR common stock under its at-the-market (ATM) program between July 13 and July 19, according to a Form 8-K filed with the US Securities and Exchange Commission on Monday. The company made no Bitcoin purchases or sales during the reporting period, leaving its holdings unchanged at 843,775 BTC, acquired for a total purchase price of $63.69 billion. The average acquisition cost of its holdings is $75,476, according to Strategy’s website. Bitcoin was last trading at roughly $64,657. Read more

The current period cannot reach the 55% threshold, leaving one full ordinary window before enforcing nodes require bit 4. The post Saylor joins Bitcoin’s BIP-110 fight as miners get one last chance to avoid forced signaling appeared first on CryptoSlate.

Bitcoin's return to positive exchange-traded fund flows is colliding with a deeper contraction in crypto-market liquidity, leaving its recovery vulnerable as oil prices climb and geopolitical tensions disrupt one of the world’s most important energy corridors. Data from CryptoSlate shows that the recent inflows have helped Bitcoin stabilize near $64,000 after an eight-week investor retreat. […] The post Bitcoin ETF inflows return, but $2.3 billion stablecoin liquidity drain leaves $57,000 exposed appeared first on CryptoSlate.

Bitcoin preserved a key long-term trend line as support for a third week as US-Iran war tensions delivered new five-week highs in oil prices. Bitcoin (BTC) starts the last full week of July holding key support while macro clouds continue to gather. Key points: In a familiar move, Bitcoin saw sell-side pressure soon after the weekly close going into Monday morning, with local lows reaching $63,700, data from TradingView confirms. Read more

US spot Bitcoin ETFs extended their inflow streak to two weeks with $75.7 million in net inflows, but analysts said demand remains insufficient to fuel a sustained uptrend. US-listed spot Bitcoin exchange-traded funds (ETFs) are seeing renewed investor demand, but the latest inflow streak has yet to provide enough momentum for a stronger recovery. Bitcoin ETFs recorded $75.7 million in net inflows for the week ending July 17, marking a second consecutive week of positive flows, according to SoSoValue data. The latest inflows followed $197.4 million in net inflows the previous week, bringing July’s total ETF inflows to $200.2 million. US spot Bitcoin ETFs recorded $4.5 billion in net outflows in June, with total 2026 net flows still negative at $5.2 billion. Read more

The fate of the CLARITY Act hinges on Trump’s ethics, so the odds aren’t looking great. Prediction market volumes hit new highs, and more news. Polymarket suggests the odds of the CLARITY Act passing this year are just 40%, after a raft of Democratic Senators, including Chris Murphy, Jeff Merkley and Chris Van Hollen, spoke out against the bill. A crucial Senate vote could happen as early as this week, with Senate Majority Leader John Thune stating it will definitely be held before Aug. 10. Democrat Senator Elizabeth Warren is trying to spoil the vote by highlighting how much money President Donald Trump has extracted from the industry. She demanded Trump voluntarily release his crypto earnings for this year, after his 2025 disclosure, showed he earned more than a billion dollars from crypto last year. The controversy means that Senate Democrats are unlikely to support the bill without a provision banning elected officials promoting or issuing cryptocurrency. Summer Mersinger, the CEO of the Blockchain Associ...

For two decades, the American investor essentially got a free insurance policy. When equities fell, Treasuries rallied, and the loss on one side of the portfolio was partly covered by the gain on the other. That relationship became so reliable that an entire industry built products on it, and an entire generation of allocators started […] The post Treasuries are amplifying market selloffs and Bitcoin is paying the price appeared first on CryptoSlate.

Cooling holder losses support a higher low, but weak spot demand leaves Bitcoin below its first major recovery test near $69,000. The post Bitcoin sellers are tiring but weak demand leaves an 18% fall to $52,900 in play appeared first on CryptoSlate.