Bitcoin | Crypto

Bitcoin benefits from a weaker dollar, but credit market signals warn of possible investor caution that could prevent the bulls from making a run at $120,000. Key takeaways: Dollar weakness alone may not be enough for Bitcoin to reclaim $120K. Ongoing global trade tensions add uncertainty to Bitcoin’s short-term price outlook. Read more

The deal marks Bakkt’s latest pivot toward becoming a crypto treasury company, with a 30% stake in Tokyo-listed Marusho Hotta and plans to rebrand it as bitcoin.jp. Digital asset custodian and trading company Bakkt is finalizing a minority acquisition of Japanese company Marusho Hotta, marking a strategic step in its transformation into a crypto treasury business backed by Bitcoin and other digital assets. As part of the deal, Bakkt announced plans to acquire a 30% stake in Marusho Hotta, a publicly listed company that manufactures specialty yarns for domestic and international markets. The company will be renamed “bitcoin.jp,” signaling a likely pivot toward operating as a Bitcoin (BTC) treasury vehicle. Marusho Hotta trades under the ticker symbol 8105 on the Tokyo Stock Exchange. Its stock surged more than 36% on Wednesday, likely in response to the acquisition news. Read more

Bitcoin may revisit $105K, where metrics like short-term holder cost basis and UTxO walls indicate heavy exposure and potential stress.

Bitcoin acquisition trends are leading to predictions of a major BTC supply shock, with bullish implications for price. Key points: Corporate Bitcoin treasuries such as Strategy’s are predicted to drain OTC desks and then exchanges. The resulting supply imbalance will “uncork” BTC price action. Read more

Satsuma Technology secured $217.6 million in its latest raise, with over half settled in Bitcoin, drawing support from top crypto funds and UK institutional investors. London-listed tech firm Satsuma Technology locked in 163,660,000 British pounds ($217.6 million) in gross proceeds from its second convertible loan note round, with nearly $125 million settled in Bitcoin, to boost its Bitcoin treasury strategy. The raise, which closed on July 28, overshot its minimum $129 million target by more than 63%, driven by strong interest from crypto-native and traditional institutional investors, the company said in a Wednesday announcement. “This moment represents a landmark validation of our core belief: that fusing a Bitcoin-native treasury with decentralised AI is a paradigm shift in corporate value creation,” said Satsuma CEO Henry Elder. Read more

The short-term outlook for Bitcoin remained cautious, with a possibility of a trip toward $105,000, which one analyst called a “hidden danger zone” for BTC price. Key takeaways: Bitcoin onchain metrics converge around $105,000, signaling a hidden risk zone. Elevated open interest keeps BTC’s market structure at risk of sudden volatility. Read more

Bitcoin has outperformed Berkshire and its top holdings in 2025, highlighting the cost of ignoring BTC as a hedge or growth asset. Key takeaways: Berkshire could have made $850M from Bitcoin with just a 5% allocation. Bitcoin has outperformed Berkshire stock and its top holdings in 2025. Read more

The State of Michigan Retirement System has nearly tripled its Bitcoin ETF holdings, signaling rising institutional confidence in digital assets. Michigan’s state pension fund has significantly increased its exposure to Bitcoin (BTC) via the ARK 21Shares (ARKB) exchange-traded fund, highlighting how ETFs are streamlining access to digital assets for institutional investors. By the end of the second quarter, the State of Michigan Retirement System owned 300,000 ARKB shares, worth $10.737 million, according to regulatory filings with the US Securities and Exchange Commission (SEC). This marks a notable increase from the 110,000 shares it held in the previous year. ARKB is one of the 11 spot Bitcoin ETFs approved by the SEC in January 2024, offering direct exposure to the cryptocurrency.  Read more

Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s office and Bitcoin Indonesia, Asia’s largest BTC community. The meeting marked a pivotal moment in Indonesia’s evolving approach to digital assets, as officials explored the potential role of Bitcoin in strengthening long-term economic resilience. Among […] The post Indonesian officials eye Bitcoin mining for national reserves after key meeting appeared first on CryptoSlate.

If a bill to create a BTC reserves passes in Brazil's House of Representatives, it will require Senate approval before being signed into law or vetoed by the country's president. Brazil’s House of Representatives will hold a hearing on Aug. 20 to discuss a bill proposing the creation of a national Bitcoin reserve in the country. According to the House website, at least six institutions are slated to participate, including the Central Bank of Brazil, the Ministry of Finance, a crypto advocacy association and representatives from fintech companies and the banking sector. The bill, introduced in November 2024, seeks to allow up to 5% of the country's treasury funds to be used to buy Bitcoin, which translates to a potential investment of roughly $15 billion, assuming the central bank’s total reserves of about $300 billion as of February. Read more

After failing to retrieve a hard drive with 8,000 BTC, James Howells is turning the lost coins into the basis of a new DeFi project. Twelve years after accidentally throwing away a hard drive containing 8,000 Bitcoin (BTC), James Howells is abandoning his long-running effort to excavate it from a Newport landfill. Instead, he plans to launch a new token inspired by the lost coins. Howells, whose quest included legal battles, drone surveys and a 25-million British pound offer ($33.3 million) to buy the landfill outright, told Cointelegraph he’s shifting focus from physical recovery to a blockchain-backed project. Rather than trying to dig up the stash, he aims to turn the story of the lost Bitcoin into a DeFi token — symbolically “vaulting” what can no longer be accessed. Read more

Bitcoin is facing selling near $115,000, but LTC, CRO, ENA and MNT are bucking the trend and showing strength on the charts. Key points: Bitcoin is facing significant selling at $115,000, indicating that bears are trying to take charge. If Bitcoin maintains above $112,000, LTC, CRO, ENA, and MNT could resume their up move. Read more

Increased demand for downside protection reflects macro risks, not an imminent Bitcoin price collapse, which could help BTC avoid a trip down to $110,000. Key takeaways: Bitcoin futures premium stays in neutral range despite higher demand for price protection. Global economic uncertainty drives interest in hedging, not direct bets on falling BTC prices. Read more

Bitcoin lacks upward momentum as eyes fall on old all-time highs near $109,000 — can upside liquidity provide the springboard bulls need? Key points: Bitcoin bulls face multiple resistances as price stays stuck, but some see upside liquidity sparking a short squeeze. BTC price forecasts continue to see lower levels closer to $109,000 in the short term. Read more

Paying rent in Bitcoin is easy, secure and gaining popularity among tenants. Many cities globally now have tech infrastructure to facilitate Bitcoin payments. Remote workers and digital nomads can now pay rent in Bitcoin across major cities and coastal hubs. Blockchain-powered rental platforms and smart contracts simplify lease management, reduce disputes, and enable secure, near-instant settlements. Tenants and landlords can choose direct or indirect Bitcoin payments, with stablecoins, intermediaries or escrow services helping mitigate volatility and compliance risks. Read more

Galaxy Digital added over 4,200 BTC in the second quarter, helping the company return to profitability after a $295 million loss in Q1. Galaxy Digital reported a net income of $30.7 million for the second quarter of 2025, reversing the $295 million loss recorded in the previous quarter. The digital asset and infrastructure company cited gains in balance sheet holdings and a strong performance from its global markets division as key drivers of the recovery, according to a Tuesday news release. The quarter ended with Galaxy’s Bitcoin holdings increasing to 17,102 Bitcoin (BTC), valued at $1.95 billion. The company held 13,704 BTC at the end of the first quarter, suggesting that it added 4,272 BTC in Q2, the company disclosed in a financial supplement. Read more

A Welshman has tried “everything humanly possible” to recover his $923M BTC from a landfill and failed. Now he’s launching a Bitcoin layer-2.

Bitcoin investors have seriously contrasting views on “buying the dip” at current levels, with treasuries adding while ETFs reduce BTC exposure. Key points: Bitcoin corporate treasuries added 630 BTC to start the week, continuing a month-long inflow trend. The move contrasts with an ongoing sell-off among the Bitcoin ETFs, which sold nearly $300 million Monday. Read more

Bitcoin’s trading patterns are shifting significantly, as spot exchange-traded funds (ETFs) reshape the landscape. Since their launch in January 2024, Bitcoin’s price volatility has declined to levels not seen before. On August 4, Bloomberg ETF analyst Eric Balchunas pointed out that Bitcoin’s 90-day rolling volatility has now fallen below 40, its lowest point since the […] The post Bitcoin volatility hits record low as ETFs influence market conditions appeared first on CryptoSlate.

Bitcoin ETF netflows may be key in gauging market appetite as exchange order-book liquidity puts $116,000 top of the list for bulls. Key points: Bitcoin bounces as liquidation guardrails appear above and below price, making $116,000 a key level to watch. Expectations call for BTC price support to hold above $110,000 should bears take control. Read more