Bitcoin News page 17

Risk assets caught a bid after reports of a diplomatic extension eased fears of renewed Middle East conflict. Bitcoin gained on Monday after reports surfaced that the United States and Iran had reportedly agreed to extend an existing 60-day ceasefire. CoinGape first reported the development, with CryptoBriefing publishing a similar account shortly after.

The firm's cash reserve climbed to $4.8 billion after the equity sale, with no new bitcoin bought or sold. Strategy, the business intelligence firm known for its large bitcoin treasury, sold 3.46 million shares of its MSTR stock to raise $334 million, according to CryptoBriefing and The Block.

Cointelegraph — Markets and CryptoBriefing both report Bitcoin closed below its 200-week moving average echoing 2022, but disagree on when this happened and at what price levels. Cointelegraph — Markets and CryptoBriefing both report Bitcoin closed below its 200-week moving average echoing 2022, but disagree on when this happened and at what price levels.

HYPE and LINK outperform the broader altcoin market even as US Bitcoin funds record heavy withdrawals. Bitcoin held near $63,460 on August 17, keeping its position within a tight recent trading band. The price stability came even as US spot Bitcoin exchange-traded funds recorded a combined outflow of $390 million, according to data cited across…

Tudor Investment Corporation raised its stake in BlackRock's spot Bitcoin ETF by 19% to about $23 million. Tudor Investment Corporation, the firm founded by billionaire investor Paul Tudor Jones, has increased its exposure to BlackRock's spot Bitcoin exchange-traded fund. The move marks a reversal after roughly a year of steady selling of the position.

The two largest corporate Bitcoin holders are structuring their strategies around per-share accumulation metrics rather than short-term price moves. Strategy and Metaplanet have emerged as the two biggest corporate holders of Bitcoin. Both companies are reportedly emphasizing a strategy built on accumulation math rather than price forecasts.

Spot Bitcoin ETFs shed capital for the week while Ethereum ETFs broke a five-week run of inflows. Spot Bitcoin exchange-traded funds bled $390 million in net outflows over the past week, marking a notable reversal from recent inflow trends. The figure was reported consistently across multiple crypto news outlets tracking fund flow data.

The five-year contract adds an estimated $70 million in annualized revenue as the Bitcoin miner expands its AI compute business. HIVE Digital Technologies' high-performance computing arm, BUZZ HPC, has signed a five-year GPU cloud contract worth $350 million, according to reports from CryptoBriefing and The Block.

Ethereum co-founder praises Bitcoin's Utreexo technology as a model for lighter, more efficient blockchain scaling. Vitalik Buterin, the co-founder of Ethereum, has credited Bitcoin developers with scaling innovations that could inform Ethereum's own technical direction.

Regulatory filings show the billionaire investor's fund sharply increased exposure to AI infrastructure while cutting semiconductor holdings. Duquesne Family Office has exited its stakes in chipmakers Micron and Intel, according to disclosures reviewed by financial news outlets.

The Austrian financial regulator's action marks the first publicly disclosed enforcement case under the EU's new crypto rulebook. Austria's financial market regulator has fined Bitpanda 70,000 euros, according to reports from Bitcoin.com News, Finance Magnates and Cointelegraph.

The bank's economists argue traders have gone too far in pricing additional Federal Reserve tightening. Goldman Sachs has pushed back against market expectations for additional Federal Reserve rate hikes, according to a report from CryptoBriefing. The bank's economists reportedly view current pricing for further tightening as overdone relative to the underlying economic backdrop.

The company introduces Blockstream Swaps for Bitcoin, Lightning, and Liquid users days after Boltz halted operations. Blockstream has launched a new offering called Blockstream Swaps, according to reports from crypto.news and CryptoBriefing.

The bank's economists see little chance policymakers raise rates at next month's meeting, a call with implications for risk assets including crypto. Goldman Sachs economists have described a September interest-rate increase from the Federal Reserve as 'very unlikely,' CoinDesk reported.

The crypto miner's fiscal Q1 2027 results show strong top-line growth offset by a one-time tax hit tied to its Swedish operations. HIVE Digital Technologies, a bitcoin mining and data center operator, reported fiscal first quarter 2027 revenue up approximately 74% from the same period a year earlier.

The latest purchase continues a pattern of incremental Bitcoin accumulation by the company. Capital B has bought 5 more Bitcoin, according to reports from CryptoBriefing and crypto.news. The purchase lifts the company's total Bitcoin treasury to 3,145 BTC. Both outlets confirmed the same figure for the updated holdings.

Wealth manager questions Bitcoin's real-world utility and points to gold and an emerging AI shift instead. Ross Gerber, a prominent wealth manager, has raised fresh doubts about Bitcoin's role as a practical financial asset. He argued that gold is easier to use than Bitcoin in real-world transactions, according to a report from U.Today.

The public company's altcoin treasury strategy backfired as BERA holdings shrank to roughly $16 million by quarter's end. Greenlane, a publicly traded company, disclosed that its $70 million treasury allocation to the Berachain token BERA had shrunk dramatically. By the close of the second quarter, the holding was worth approximately $16 million.