Bitcoin | Crypto

As July PPI jumped 0.9% and risk assets sold off, BlackRock’s Larry Fink bought the dip through IBIT and ETHA, adding 4,428 BTC (~$526M) and 105,900 ETH (~$488M). The post BlackRock Pours Over $1B into Bitcoin & Ethereum ETFs During Dip — What Do They Know? appeared first on Cryptonews.

Top Win International, Taiwan’s first publicly traded corporate Bitcoin treasury, raised $10 million to kick off its BTC purchases. Taiwan’s first publicly traded corporate Bitcoin treasury, Top Win International, raised $10 million to kickstart its BTC accumulation efforts. The luxury watchmaker-turned-Bitcoin treasury announced Friday it raised $10 million from a group of investors led by zipper producer and software company WiseLink. The raise was accompanied by private investments from Chad Koehn, founder and CEO of United Capital Management of Kansas, alongside four other investors. WiseLink purchased three-year convertible notes issued by Top Win. The investment followed a memorandum of understanding between the two companies outlining a yet-to-be-disclosed collaboration. Read more

Buyer exhaustion may set the stage for a correction in August before investor capital surges into altcoins, as in previous market cycles. Investor sentiment toward cryptocurrencies surged this week, with growing retail interest in altcoins suggesting Bitcoin’s recent euphoria phase may be nearing an end, according to analysts. The crypto asset sentiment index rose from 0.23 to 0.91 within a week, according to Max Shannon, senior research associate at crypto index fund manager Bitwise. Google searches for altcoins and Ethereum also rose to a multiyear high, reminiscent of prior bear markets, which may signal a growing investor mindshare for altcoins and Ether (ETH), following Bitcoin’s latest all-time high above $124,000. Read more

Discover how Ukraine peace talks could impact Bitcoin’s price in 2025. Explore three scenarios (ceasefire, shaky deal or escalation) and their effects on BTC. Peace talks can shift Bitcoin’s price through energy costs, inflation and interest rates. In 2022, Bitcoin fell sharply, then rallied 27% above pre-invasion levels within a month. Spot Bitcoin ETFs now act as a direct channel for macro sentiment. Read more

Czech police have reportedly arrested darknet founder Tomas Jirikovsky in a $45 million Bitcoin bribery case tied to former Justice Minister Pavel Blazek’s resignation. Czech police have reportedly arrested darknet marketplace founder Tomas Jirikovsky in connection with a $45 million Bitcoin donation that prompted the resignation of former Justice Minister Pavel Blazek earlier this year. Czech police intervened in the Bitcoin (BTC) donation case that led to Blazek’s resignation on Thursday. According to Chief State Prosecutor Radim Dragoun, authorities were “securing people and things.” He added, “This is a criminal case that was recently separated by the police authority for independent proceedings from joint proceedings.” Although the statement did not mention any arrests, local reports suggested that police detained Tomas Jirikovsky, a convicted criminal who allegedly paid 468 BTC (worth around $45 million at the time) to the minister to avoid a new prison sentence. Read more

Bitcoin miners face rising competition from AI data centers for cheap energy, potentially driving a new wave of institutional investment, according to GoMining exec Jeremy Dreier. Bitcoin mining companies and artificial intelligence data centers are increasingly competing for access to cheap, sustainable energy, which could trigger renewed institutional investment in the mining sector over the next decade. AI data centers with deep capital reserves are beginning to outbid miners for power infrastructure, with more Bitcoin (BTC) miners getting “priced out” or deprioritizing mining activities, according to a July 31 research report from Bitcoin mining infrastructure provider GoMining Institutional. Still, the flexibility of Bitcoin miners allows them to expand into more off-grid locations with a lack of high-speed internet infrastructure, giving them an advantage over AI facilities, according to Jeremy Dreier, managing director and chief business development officer at GoMining Institutional. Read more

US Treasury Secretary Scott Bessent clarified on X that the department is still exploring budget-neutral ways to purchase Bitcoin, contrasting an earlier comment that tanked the crypto markets. US Treasury Secretary Scott Bessent has clarified that his department is still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve — contrasting with his recent comments suggesting the plan was off the table, which triggered a Bitcoin sell-off. “Treasury is committed to exploring budget-neutral pathways to acquire more Bitcoin to expand the reserve, and to execute on the President’s promise to make the United States the ‘Bitcoin superpower of the world,’” Bessent clarified in an X on Thursday.  He reiterated that the Bitcoin (BTC) forfeited to the federal government would form the reserve’s foundation. There were already concerns that the US’s slow pace of executing its Strategic Bitcoin Reserve could leave it open to being front-run by other nation-states. Some feared that the Treasury may n...

Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately $15 […] The post Bessent backtracks, says Treasury committed to ‘exploring budget-neutral pathways’ to add Bitcoin appeared first on CryptoSlate.

Traders send mixed signals after Bitcoin falls to $117,000 a day after hitting new all-time highs. Key takeaways: BTC futures premium remains neutral, indicating traders were unfazed by the recent $6,630 price drop. The Bitcoin options skew and macroeconomic concerns suggest limited appetite for a breakout above $120,000. Read more

After disappointing Bitcoin fans with earlier comments, Treasury Secretary Scott Bessent said the U.S. may buy BTC for its reserve after all.

Bitcoin dropped sharply after a higher-than-expected US PPI print shocked traders. Key takeaways: Bitcoin drops below $118,000 after a hot US PPI print fueled inflation concerns. Federal Reserve interest rate cut odds dropped to 90.5% from 99.8%. Read more

TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […] The post Google backs Bitcoin miner TeraWulf’s $1.8B AI project appeared first on CryptoSlate.

[PRESS RELEASE – Castries, Saint Lucia, August 14th, 2025] PrimeXBT, a leading multi-asset broker, has rolled out a major update to its trading conditions on crypto majors, increasing leverage on Bitcoin (BTC) up to 500x and Ethereum (ETH) up to 400x. This update places PrimeXBT among a limited number of global brokers offering high leverage […]

Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […] The post Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour appeared first on CryptoSlate.

Bitcoin fell below $119,000 on Thursday after US Treasury Secretary Scott Bessent said the government will not make new BTC purchases to fund a Bitcoin reserve. Bitcoin dropped below a key support level Thursday after US Treasury Secretary Scott Bessent said the government had no plans to make additional purchases of Bitcoin for its strategic reserve and separate digital asset stockpile. Bitcoin (BTC) fell below the $120,000 psychological support level and traded at $118,730 at the time of writing, hours after hitting an all-time high of $124,457 earlier on Thursday, Cointelegraph data showed. The decline followed Bessent’s comments in an interview with Fox Business, where he confirmed the government would not buy more Bitcoin. Read more

Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles […] The post Strategy and El Salvador saw massive gains as Bitcoin hit new peak appeared first on CryptoSlate.

Bitcoin technical indicators are starting to show some signs of BTC price overheating, but onchain data suggests otherwise. Key takeaways: Bitcoin hit a new all-time high of $124,450 on Thursday, and signs of overheating are starting to appear. Several technical indicators suggest a potential top at $124,000. Read more

Bitcoin briefly flipped Google parent Alphabet’s $2.4 trillion market capitalization to become the fifth-largest global asset, driving a wave of optimism among investors. Bitcoin climbed to an all-time high above $124,000 on Thursday, stoking fresh optimism that the next leg of price discovery could push the cryptocurrency’s market value toward Apple’s $3.4 trillion. Bitcoin (BTC) hit an all-time high of $124,457, leading the world’s first cryptocurrency to briefly surpass Google’s $2.45 trillion market capitalization, becoming the fifth-largest global asset. “Bitcoin all-time high and it’s only Wednesday,” said Gemini co-founder Tyler Winklevoss in an X post, triggering a wave of optimistic responses, including from popular investor Kyle Chassé, who predicted that this would be the “best week for Bitcoin.” Read more

Bitcoin’s record run underscores strong market underpinnings, though some warn optimism over Fed easing may be premature.

Bitcoin set another all-time high at $123,231 after US Consumer Price Index data showed July inflation was unchanged month-on-month and up 2.7% year-on-year. Bitcoin (BTC) price hit a new all-time high above $123,231 on Wednesday on Coinbase, following a similar performance from the S&P 500 which rallied to a record high of 6,457. Bitcoin’s ascent to new highs comes one day after the July US CPI print showed inflation holding at 2.7% year-over-year, which was unchanged from June and below the forecast 2.8%. The data showed overall CPI increasing 0.2% versus a 0.3% increase in June. Following the report’s release, the CME FedWatch tool showed the market odds of an interest rate cut at the Federal Reserve’s September meeting rising to 93.9%. Read more