Author: 行政
Bitcoin’s $65K recovery shows its growing immunity to bad news as ETFs and whales buy $2 billion
Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices.The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows.The move coincided with $191.6 million in crypto liquidations across more than 80,000 traders, CoinGlass data showed, including a $1.66 million BTC position on Hyperliquid.The price performance came as investors digested a major hardware-wallet security breach, another delay to the landmark CLARITY Act legislation and months of stagnant price action…
Bitcoin nears the deadline for BIP-110, a proposed temporary soft fork that would shrink block data. Once the current signaling period ends, nodes enforcing it will reject blocks that do not signal support.A third-party monitor showed only 48 of 1,831 blocks signaling as of 14:41:49 UTC on Aug. 7, just 2.62%, with 185 blocks left before the period closes.BIP-110 requires 1,109 signaling blocks in a 2,016-block period to meet its 55% threshold. Even if every one of those 185 remaining blocks signaled, the period would finish at 233 of 2,016, or about 11.56%. Related ReadingBitcoin’s BIP-110 fork fight gives exchanges…
A wave of law-firm alerts is warning BitGo investors about an Aug. 7 deadline. However, the cutoff applies only to those seeking to lead a proposed securities class action against the crypto custodian.Over the past few days, several law firms, including DJS Law Group, Faruqi & Faruqi, and Schall Brown & Schwartz, have issued notices. They urged the crypto custodian’s shareholders to act by Aug. 7.However, the disclosures clarify that appointment as lead plaintiff is not required to participate in any eventual financial recovery.Under the Private Securities Litigation Reform Act, the 60-day window sets the lead-plaintiff process. It determines who…
The US Senate has abandoned plans to vote on the landmark CLARITY Act legislation before its August break.On Aug. 6, Senate Majority Leader John Thune confirmed that the legislation will have to wait until lawmakers return Sept. 14, reversing his earlier expectation that the Senate would act before leaving Washington.A spokesperson for the lawmaker said on X:“The Dems are insistent on no Clarity vote… I worked with sponsors of the bill…and we’re getting that queued up first thing when we come back.”The retreat caps weeks of pressure from crypto executives and Republican lawmakers who had pushed for senators to vote…
Coinbase is scheduled to suspend LRC-USD trading on or around 2 p.m. ET on Aug. 7. If completed, the move would close a Coinbase-hosted dollar market while keeping customer balances accessible and withdrawals available.Coinbase’s notice said the change covers Coinbase.com Simple and Advanced Trade, Coinbase Exchange and Coinbase Prime. As of press time, Coinbase still marked the incident as Monitoring and kept LRC-USD in limit-only mode. The exchange had not yet confirmed that the LRC-USD trading suspension was complete. Related ReadingCoinbase delisting sends Movement’s MOVE token to all-time low amid market-making scandalMovement Labs co-founder suspended amid investigation into suspicious market…
Crypto trading giant Wintermute has secured a crucial foothold in US securities markets, clearing a major regulatory hurdle to serving as an authorized participant for digital asset exchange-traded products.On Aug. 6, the firm announced that its subsidiary, Wintermute USA LLC, is now registered as a broker-dealer with the Securities and Exchange Commission (SEC) and has gained membership with the Financial Industry Regulatory Authority (FINRA).Wintermute is a major crypto market maker that facilitates over $10 billion in average daily trading volume and provides liquidity across more than 60 centralized and decentralized exchanges globally.Evgeny Gaevoy, Founder and CEO of Wintermute, said:“Digital assets…
The Cypher wind-down, after payments company Nium acquired the crypto card and self-custody wallet provider, will end purchases on all active Cypher Cards at 00:00 UTC on Aug. 8. That makes Aug. 7 the final spending day, while users have until Sept. 6 to withdraw balances, claim rewards and preserve wallet access before Cypher’s app, dApp, and business platform go offline.Cypher’s broader termination notice says the card will be deactivated on Sept. 6, conflicting with its operational timeline. That timeline and an Osmosis Pay reminder both set Aug. 7 as the last spending day, so cardholders should treat the earlier…
MARA Holdings sold 2,213 Bitcoin during the second quarter, equal to 91.37% of the 2,422 BTC it mined, before adding $600 million of new borrowing secured by Bitcoin collateral to help finance its planned acquisition of Long Ridge, a power-generation site it aims to develop for AI and high-performance computing.The company’s quarterly filing shows that the new money sits inside $750 million of fully drawn facilities entered into on Aug. 4. Coinbase provided a $450 million facility, including $300 million of new borrowing and the refinancing of an existing $150 million loan. Two Prime provided a separate $300 million loan.…
CleanSpark reported a 30.5% year-over-year revenue decline and a $497.2 million swing from profit to loss in its fiscal third-quarter results. The deterioration adds pressure to the Bitcoin miner’s balance sheet before its Sandersville AI lease can contribute, with the first phased deliveries not expected until the fourth quarter of 2027.Revenue fell to $138.0 million from $198.6 million for the three months ended June 30. Over the same period, a $257.4 million profit became a $239.8 million loss. Related ReadingBitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build itThe 175 MW contract creates a…
American Bitcoin mined approximately 932 BTC and reported $67.015 million in revenue in the second quarter. But its six-month cash flows do not show that the broader reserve strategy was self-funding. The miner finished June with 8,002 BTC, while first-half operations used $63.795 million in cash and digital-asset purchases used another $65.316 million.The cash-flow statement records $144.088 million of net proceeds from at-the-market share sales as the period’s principal financing inflow. American Bitcoin sold 7,755,671 Class A shares through the ATM during the first half, including 2,151,127 shares that produced $33.585 million of net proceeds in the second quarter. The…