Bitcoin

Metaplanet CEO dismisses bitcoin sale rumors, confirms 43,000 BTC holdings, and reaffirms commitment to long-term accumulation strategy.

According to CoinDesk, Bitcoin has topped the $65,000 mark. Key US inflation data will be released this week, with markets closely watching its impact on cryptocurrency trends.

Bitcoin spot ETFs recorded a massive $853 million single-day net inflow, with BlackRock’s iShares Bitcoin Trust (IBIT) capturing the lion’s share. This strong performance reflects sustained institutional confidence in Bitcoin and marks further integration of crypto assets into the traditional financial system.

Summary US nonfarm payrolls unexpectedly fell by 23,000 in July, far missing the forecast of 80,000 gain. Bitcoin surged past $65,000 following the data release as traders priced out a September Fed rate hike. Details According to The Block, Bitcoin rallied past $65,000 after the jobs data. Analysts note the weak employment figures significantly reduced the probability of a September Fed rate hike, driving capital into risk assets. Meanwhile, Bitcoin miners MARA and CleanSpark reported double-digit revenue drops as they continue pivoting to AI infrastructure. MARA’s net loss widened to $611.3 million while CleanSpark’s was $239.8 million. ...

Bitcoin developers have disclosed that a volunteer team using AI-assisted code auditing has identified 85 critical vulnerabilities in Bitcoin Core, raising questions about open-source blockchain security.

SpaceX Posts First Earnings: Q2 Revenue Surges 92%, Bitcoin Holdings Lose $540M [Core Summary] Elon Musk’s SpaceX released its first quarterly earnings report since going public on August 4, showing a 92% year-over-year revenue surge in Q2 that exceeded Wall Street expectations. However, the company posted a $540 million unrealized loss on its Bitcoin holdings due to price volatility, highlighting the double-edged sword of crypto assets on corporate balance sheets. The report comes ahead of a major insider share unlock. ...

Bhutan’s planned Gelephu Mindfulness City has delegated part of its bitcoin treasury to 3iQ for market-neutral operations, marking a shift from long-term holding to active crypto asset management.

Bitcoin hardware wallet brand Coldcard has suffered a severe security vulnerability attack, with Galaxy Research estimating losses could swell to $130 million. This is one of the largest cold wallet security incidents in recent years.

According to CoinDesk, wallets linked to Trump Media and Technology Group now hold bitcoin equal to the amount previously disclosed as note collateral, raising speculation that all holdings may be pledged for loans.

Bitcoin hardware wallet manufacturer Coinkite has issued an urgent security warning for Coldcard Mk3 devices after a critical vulnerability was exploited, draining 594 BTC in just 25 minutes. This is one of the most significant security incidents in the cryptocurrency space recently.