Bitcoin News page 14

Coinkite says the new firmware improves how Coldcard devices create seed phrases, but warns older phrases should not be considered safe. Coinkite has issued a firmware update for its Coldcard hardware wallet designed to improve the process of generating seed phrases.

A regulatory boost from Washington and a Treasury buyback move helped push bitcoin past $79,000, according to reports from CoinTurk News and Decrypt. Bitcoin traded above $79,000 this week, according to reports from CoinTurk News and Decrypt.

The 'Inverse Cramer' trade meme resurfaces after a live call-in segment on Cramer's show touches Bitcoin. CNBC's Jim Cramer told a caller on his show to buy Bitcoin, a position the caller had already exited, according to a report from BeInCrypto.

Prediction-market wagers and executive commentary point to a flat finish for bitcoin rather than a fresh rally or steep pullback. Bettors on Kalshi, a regulated prediction market, appear to be leaning toward a subdued finish for bitcoin this year.

The Bridgewater founder recommends holding a small Bitcoin allocation while still favoring gold as his top hedge. Ray Dalio, the founder of Bridgewater Associates, said he expects Bitcoin to 'do well' as governments worldwide continue to accumulate debt.

New reporting says the exchange is onboarding European customers even though it has not secured full authorization under the bloc's crypto rulebook. Binance has continued to onboard new users in the European Union even though it missed a deadline to obtain full licensing under the bloc's Markets in Crypto-Assets regulation, according to reporting from crypto.news…

The billionaire investor says rising US debt levels make traditional fixed income less attractive than hard assets. Ray Dalio, founder of Bridgewater Associates, has publicly recommended that investors move away from bonds and toward gold and Bitcoin.

Digital asset manager ties Bitcoin's next move to upcoming Federal Reserve policy decisions CoinShares has published an outlook suggesting Bitcoin will likely stay range-bound in the near term, with $80,000 acting as a ceiling. The digital asset manager's analysis points to macroeconomic conditions, rather than crypto-specific catalysts, as the main driver of price direction right…

Bitcoin.com News reports the cryptocurrency is defending the $77,000 level as traders eye a strong weekly close for August. Bitcoin traded around the $77,000 mark this week, according to a report published by Bitcoin.com News on August 21.

A fourth regulatory amendment sets a 1.10% management fee and lays out how staking rewards will be handled. Canary Capital has submitted its fourth amendment to regulators for a proposed exchange-traded fund built around staked TRX, the native token of the Tron blockchain.

Strategy shares swing with Bitcoin's rally as traders watch a narrow price band over the next three days. Strategy's stock, traded under the ticker MSTR, is being watched closely as it approaches a critical price zone. Analysts cited in recent coverage describe $132 as a resistance level that has capped recent gains.

The digital asset firm used part of its Ethereum holdings to clear borrowing, leaving thin cash reserves on hand. BTCS Inc. repaid $8.2 million in debt to Aave, the decentralized lending protocol, using Ethereum held on its balance sheet.

An expanded U.S. Treasury debt buyback program is reviving the so-called debasement trade across gold and crypto markets. The U.S. Treasury's decision to expand its debt buyback program has stirred fresh concern about the long-term value of the dollar.

Reports of large ETH sales raise questions about whether buyers can absorb the pressure Not every large Ethereum holder is accumulating right now. Several reports this week point to significant ETH sales by wallets often labeled "whales" in on-chain analytics circles.

Stablecoin issuer exits mining sites in Uruguay after a disagreement over electricity supply undercuts the plan. Tether has walked away from a $120 million Bitcoin mining project in Uruguay, according to reporting from crypto.news, CoinTurk News, Crypto News Flash and Cryptopolitan.

A rebound in Bitcoin above $79,000 pushed Strategy's 840,447 BTC treasury back into the black and lifted its stock to a two-month high. Strategy, the Nasdaq-listed company formerly known as MicroStrategy, saw its shares surge 11% in pre-market trading on August 21.

A sharp weekly surge pushed BTC above key moving averages and triggered widespread liquidations of short positions. Bitcoin surged approximately 20% over the past seven days, pushing the price to around $77,000. The move carried BTC decisively above key moving averages that traders use to gauge medium-term trend direction.

The memecoin hit its highest price since May, outpacing gains in Bitcoin and Solana over the past week. PEPE, the memecoin built on Ethereum, has risen 25% over the past week, according to data cited by multiple crypto outlets.