Bitcoin News page 20

Binance's TradFi perpetuals segment reportedly hit $6.87 billion in volume as SanDisk trading outpaced its Bitcoin and Ethereum counterparts. Binance's perpetual contract tracking SanDisk stock has reportedly recorded higher trading volume than its Bitcoin and Ethereum equivalents within the exchange's TradFi perpetuals offering.

Fresh capital flows into spot Bitcoin ETFs coincide with a Hashdex fund liquidation and Bitcoin trading below a key technical level. Spot Bitcoin ETFs recorded $189 million in net inflows on the reported trading day, according to multiple market trackers.

New filings show Bitcoin ETF holdings rose 8% even as the asset's price fell 14% during the quarter. Bitcoin's second-quarter price drop did not trigger a uniform retreat from institutional investors. Newly reported filings data shows a clear divide in how different classes of large holders responded to the decline.

A freeze order halts movement of crypto assets valued at roughly $58 million while a transfer disagreement is resolved A Singapore court has issued an order freezing cryptocurrency assets valued at S$75 million, or approximately $58 million, according to reports from crypto.news and Cryptopolitan.

Rising demand for AI and cloud infrastructure is spilling over into manufacturers of industrial equipment and components A wave of data-center construction across the United States is generating demand that reaches far beyond the technology industry itself.

SkyBridge Capital's founder frames the next halving cycle as the catalyst that could restore six-figure Bitcoin prices Anthony Scaramucci, founder of SkyBridge Capital, has said Bitcoin could return to prices above $100,000. He linked that outlook to the network's next scheduled halving in 2028, according to reports from CryptoPotato and Finbold.

Monthly outlays on crypto-linked payment cards rose sharply even as Bitcoin's price weakened Crypto payment cards recorded a sharp jump in usage during July, with total spending reaching $759 million. That figure represents a 2.5-fold increase, according to data cited by crypto.news.

The exchange's latest disclosure shows bitcoin reserves rising 2.55% while ether and USDT balances decline. Binance has published an updated Proof of Reserves report showing that bitcoin held on behalf of users climbed to 657,000 BTC. The increase represents a 2.55% rise, according to figures cited by Coinpedia and The Cryptonomist.

The integration gives millions of Bitcoin.com wallet users access to a stablecoin regulated by the UAE's central bank. Bitcoin.com has added USDU to its wallet platform, giving its user base direct access to a stablecoin registered with the Central Bank of the United Arab Emirates.

The asset manager attributes the crash to excess leverage, not a failure of Bitcoin's investment case. Bitcoin has lost half its value from recent peak levels, a decline severe enough to test the conviction of even its largest institutional backers.

A semiconductor-led selloff weighed on major Asian indices, with Samsung and SK Hynix among the hardest hit names. Asian equities dropped in trading as a semiconductor-focused selloff spread across the region. Samsung Electronics and SK Hynix, two of South Korea's largest chipmakers, were among the companies most affected, according to CryptoBriefing.

A steep selloff in chip shares and rising borrowing costs pressured Japan's benchmark index, according to a report from CryptoBriefing. Japan's Nikkei 225 index dropped 2.5% in a session marked by heavy selling in chip-related shares, according to a report from CryptoBriefing.

CryptoBriefing and Coinfomania disagree on whether CryptoQuant's apparent demand metric has already turned positive or is merely nearing that shift. CryptoBriefing and Coinfomania disagree on whether CryptoQuant's apparent demand metric has already turned positive or is merely nearing that shift.

CoinTurk News EN and CryptoBriefing both report Bitcoin's fall below $60,000 amid ETF outflows and AI-driven equity rotation, but give different figures for the total ETF outflows. CoinTurk News EN and CryptoBriefing both report Bitcoin's fall below $60,000 amid ETF outflows and AI-driven equity rotation, but give different figures for the total ETF outflows.

State officials move to regulate the rapid expansion of AI computing facilities as community opposition mounts. Pennsylvania's government has imposed new rules targeting AI data centers, according to CryptoBriefing. Decrypt reported the same development, framing it as a response to growing backlash against the facilities within the state.

The longtime gold advocate argues the rally will run into resistance and trigger heavy selling rather than confirm a new uptrend. Peter Schiff, a well-known critic of Bitcoin and a longtime advocate for gold, has weighed in again on the cryptocurrency's price action.

The agency's plan includes new fundraising exemptions, marking a notable shift in its approach to digital assets. The Securities and Exchange Commission has put forward a proposed rulebook for crypto assets, according to Bitcoin Magazine. The plan arrives as the Clarity Act, legislation designed to settle jurisdictional questions over digital assets, remains stuck in Congress.

A $56 million short squeeze added fuel as Bitcoin tracked a broader recovery in equities tied to easing US-Iran tensions. Bitcoin reached $65,000 on Tuesday, moving in tandem with a rebound in US equities.