UK Lawmakers Launch Inquiry Into Crypto Banking Access
A cross-party group is examining why UK banks block accounts and payments for crypto firms—and whether it's holding the sector back.
PoW & Bitcoin mining headlines grouped by the Bitcoin block at each article’s publication time.
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A cross-party group is examining why UK banks block accounts and payments for crypto firms—and whether it's holding the sector back.
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US gross federal debt reached $39.489 trillion on July 15, leaving roughly $511 billion before the $40 trillion threshold, and this debt total strengthens Bitcoin's fixed-supply argument. Treasury currently expects to borrow $671 billion in privately held net marketable debt during the July-to-September quarter, with the estimate built on a $950 billion end-of-September cash balance. […] The post Bitcoin breaks $66k as US debt hits $39.5 trillion creating Bitcoin’s next liquidity test for August 3 appeared first on CryptoSlate .
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Iran’s Revolutionary Guard (IRGC) claimed it targeted and destroyed the central data infrastructure of the American company Amazon in Bahrain with several cruise missiles on Tuesday. As a result, US stock futures pared gains and investors turned cautious on Bitcoin and XRP amid a potential ceasefire in the US-Iran war. Ad Ad US-Iran War Escalates The post Breaking: Iran Claims Strikes on US Company Amazon’s Data Center in Bahrain appeared first on CoinGape .
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America’s Strategic Petroleum Reserve (SPR) has plunged to 311 million barrels, its lowest point since March 1983, as the U.S.-Iran conflict drains the country’s last major energy buffer. The U.S. Energy Information Administration (EIA) confirmed the reserve shed another 5.1 million barrels in a single week, deepening a 49% volume loss over five years. Ad The post US-Iran War Pushes Oil Reserves to 43-Year Low, Smart Money Turning to Bitcoin? appeared first on CoinGape .
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Bitcoin ETFs have pulled in roughly $727 million over the past week, the most sustained stretch of buying since the record outflows of June.
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Bitcoin price climbed above $66,000 as renewed regulatory optimism strengthened sentiment across the cryptocurrency market on Tuesday. The total crypto market capitalization rose 1.56% within 24 hours, reaching $2.24 trillion overall. There was also an increase in on-chain activity and inflows into United States spot exchange-traded funds which was beneficial to Bitcoin. The recovery has The post Bitcoin Price Prediction: BTC Hits $66K After Fifth Consecutive ETF Inflows- Is $ 70K Next Target? appeared first on CoinGape .
Asian semiconductor shares rebounded hard, a five-day ETF inflow streak passed $600 million, and oil pulled back on Middle East diplomacy.
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Bitcoin prices are at a five-week high, and the asset has moved out of its capitulation zone, according to analysts.
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Analysts warn that elevated yields may reduce investor appetite for speculative assets by making safer returns more attractive.
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The market finally seeing an uptick in volatility, which should enable a proper move upwards further into the week.
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Bitcoin Magazine Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal Bitcoin miner Hut 8 has said it signed a second 15-year lease worth $9.8 billion for its AI data center. This post Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
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Bitcoin Magazine Metaplanet’s Bitcoin Japan Announces Plan to Scoop Up Coins Despite Market Downturn Metaplanet subsidiary Bitcoin Japan is starting a crypto treasury. This post Metaplanet’s Bitcoin Japan Announces Plan to Scoop Up Coins Despite Market Downturn first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .
Bitcoin Magazine Bitcoin-Treasury Capital B Plans 10-for-1 Reverse Stock Split for September Capital B will execute a 10-for-1 reverse stock split in September as the Paris-listed bitcoin treasury company looks to attract more institutional investors while continuing to build its 3,139 BTC reserve. This post Bitcoin-Treasury Capital B Plans 10-for-1 Reverse Stock Split for September first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
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Bitcoin ETF inflows return for a second week as BTC reclaims $65,000, recovering just 3.3% of $8.2 billion in outflows. The post Bitcoin Reclaims $65,000 as BTC ETF Inflows Return: Is the Worst Over? appeared first on BeInCrypto .
Bitcoin is teetering on the edge of a definitive technical breakout toward the $70,000+ mark.
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The first five repurchases generated 24% more gross Bitcoin-per-share accretion per pound than a matched BTC purchase. The post Bitcoin treasury company discovers buying own stock adds 24% more BTC per share than buying Bitcoin appeared first on CryptoSlate .
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Nearly $2.3 billion in stablecoins have exited Binance and Bybit over 30 days.
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Bitcoin Magazine Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate Coinbase's Ryan VanGrack said the Clarity Act is gaining strong Senate momentum and argued it would bring long-awaited federal rules, stronger consumer protections, and regulatory clarity to the crypto industry. This post Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate first appeared on Bitcoin Magazine and is written by Micah Zimmerman .
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Two consecutive weeks of inflows ended the worst sustained outflow streak in Bitcoin ETF history. Here's why patience may be required from investors.
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Bitcoin Magazine Russia Moves to Rein In Crypto Fraud With New Legislation Russia is pushing ahead with regulating the cryptocurrency market, with the State Duma considering a bill on combating fraud in the industry, according to reports. The bill will look at “combating the illegal use of cryptocurrencies within our country,” Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, reportedly said. Lawmakers will vote […] This post Russia Moves to Rein In Crypto Fraud With New Legislation first appeared on Bitcoin Magazine and is written by Mathew Di Salvo .