Bitcoin | Crypto

Bitcoin bounces back as traders highlight the next BTC price targets and resistance levels — can bulls take control? Key points: Bitcoin bulls keep momentum intact at the Wall Street open, with $117,000 and higher on the radar. Order-book liquidity shows shorts getting liquidated, with fresh liquidity being added higher. Read more

The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether. The European Banking Authority (EBA) has finalized draft rules requiring banks to hold significantly more capital against so-called “unbacked” cryptocurrencies like Bitcoin and Ether. In its final draft of regulatory technical standards released on Tuesday, the EBA said the rules aim to “address implementation aspects and will ensure harmonisation of the capital requirements on crypto-asset exposures by institutions across the EU.” The framework applies to European Union-based banks holding crypto assets on their balance sheets. Once the final draft goes to the European Commission, Brussels will have up to three months to decide whether to endorse it as is or with amendments, or send it back for redrafting. After endorsement, the bill would become a delegated regulation and be forwarded to the European Parliament and the Council, with a three-month objection ...

Bitcoin price analysis looked to last November for clues as to how high BTC might go if recent bull market history repeats. Key points: Bitcoin is attempting a support retest that looks very similar to late 2024, trader Galaxy said. Last time, BTC price action went from $70,000 to $108,000 after a successful retest. Read more

Shares in IREN Ltd closed trading on Wednesday up 11.4% after it reported mining more Bitcoin than MARA Holdings in July. Shares in IREN Ltd popped 11.4% after the Bitcoin miner posted $86 million in revenue for July, outperforming industry heavyweight MARA Holdings in Bitcoin production. On Wednesday, IREN reported mining 728 Bitcoin (BTC) in July, beating MARA’s 703 BTC mined over the same period despite having a smaller deployed hashrate — 50 exahashes per second (EH/s) compared to MARA’s 58.9 EH/s. IREN reported an average hashrate over July of 45.4 EH/s, signalling that a majority of its machines stayed online and productive throughout the month. Read more

Bitcoin (BTC) is consolidating in a thin-liquidity “air gap” between $110,000 and $116,000 as the market waits for new demand to establish a firm base. According to an Aug. 6 report by Glassnode, BTC’s price pulled back to $113,000 after setting a new all-time high above $123,000 in mid-July. This price movement left many recent […] The post Bitcoin settles into $110k–$116k ‘air gap’ as market awaits fresh demand appeared first on CryptoSlate.

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