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Bitcoin

Declining Trend for Solana and XRP Amid Profit-Taking; Bitcoin Traders Focus on Gold Movements

As profit-taking affects the crypto market, Bitcoin's potential reconnection with gold is under scrutiny as traders await a possible Fed rate cut.

Crypto

Monero's Assailants Target Dogecoin While Bitcoin Falls Below $116K

Following Monero's recent attack, the Qubic community has decided to focus on Dogecoin, while Bitcoin sees a significant decline.

Weekly Summary

Weekly Cryptocurrency Market Report

This week saw significant price movements in the cryptocurrency market, influenced by inflation data, institutional investments, and strategic mergers. Bitcoin continues to reach new heights, while key altcoins also show robust activity.

Crypto

Significant Institutional Investments in Bitcoin ETFs Raise Concerns

Major institutions have increased their Bitcoin holdings through various ETFs, marking a notable trend in crypto investments.

Crypto

Bitcoin Mining Profitability Sees 2% Increase in July Amid Price Surge

A report by Jefferies highlights that Bitcoin mining profitability rose as BTC prices increased, benefiting Galaxy's digital assets operations.

Finance

Bitcoin Holds Steady at $118K Amid Analysts' Caution on Market Trends

Bitcoin maintains a price around $118,000 as analysts suggest potential corrections and a shift towards altcoin trading.

Weekly Summary

Key Developments in Crypto and Market Dynamics This Week

This week witnessed significant movements in cryptocurrency markets amidst rising inflation concerns and regulatory developments. Major cryptocurrencies like Bitcoin and Ethereum have surged, with altcoins showing promising activity as institutional interests grow.

Crypto

Adam Back's Ambitious Strategy to Build a $2.1B Bitcoin Treasury

Bitcoin Standard Treasury Co. combines traditional financing methods with cryptocurrency, on a path to challenge major corporate bitcoin holders in market size.

Crypto

Digital Asset Treasury Firms Decline as Bitcoin Falls Below $117K and ETH Drops to $4.4K

The recent surge in crypto prices reverses quickly as treasury firms face significant sell-offs.

Policy

Czech Authorities Detain Crypto Donor in Billion-Dollar Bitcoin Scandal

Czech police apprehend Tomáš Jiřikovský, who previously trafficked drugs, amid a growing investigation into a substantial bitcoin donation linked to money laundering accusations.

Crypto

Bitcoin's Rally Hits a Snag as U.S. Inflation Concerns Grow

An overview of the recent fluctuations in Bitcoin trading, influenced by U.S. inflation data and policy developments.

Finance

Bitcoin's Risk-Adjusted Returns Shine as Volatility Dips

BTC and MSTR record impressive Sharpe ratios, indicating strong performance amidst falling volatility.

Crypto

Potential Shift to Altcoin Season in September as Bitcoin’s Market Control Diminishes

Coinbase anticipates that dropping bitcoin dominance alongside increased liquidity and shifting investor interest could lead to a surge in altcoins starting this September.

Finance

Bullish Bets Result in $860M Liquidations as Major Cryptos Drop 9%

A significant sell-off in the cryptocurrency market led to over $1 billion in liquidated positions, predominantly affecting Ether and Bitcoin.

Finance

Scott Bessent Indicates Potential for U.S. Bitcoin Acquisitions

Treasury Secretary Scott Bessent has suggested that the government may consider expanding its Bitcoin reserves despite earlier statements to the contrary.

Crypto

Market Analysts Affirm Positive Outlook Despite Crypto Pullback

Analysts indicate that the recent downturn in crypto prices represents a healthy market correction, not a trend reversal.

Finance

Cryptocurrency Values Drop Following Disconcerting U.S. PPI Data

The U.S. Producer Price Index (PPI) for July increased unexpectedly, raising concerns about future interest rates as investors react by selling off cryptocurrencies.

Crypto

Corporate Bitcoin Utilization: A Risky Strategy Comparable to Balance Sheet Roulette

A recent study by Sentora reveals the perils of corporations embracing Bitcoin as a treasury asset, likening it to a precarious game of balance sheet roulette.