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Cardano Rockets by 9%, Bitcoin Reclaims $63K After War De-Escalation: Weekend Watch

Bitcoin’s price dipped to another multi-week low at just over $62,000 on Saturday evening but rebounded to $63,500 on Sunday morning after US President Donald Trump said he had canceled the planned attacks against Iran. Most larger-cap alts have turned green with minor increases, led by Cardano’s native token, which has jumped by 9%. BTC […]

Strategy Posts $8.2B Q2 Loss as Coinbase Revenue Falls 19%

Leading Bitcoin treasury company Strategy’s results for the second quarter show a loss of over $8 billion, while crypto exchange Coinbase reported a 14% quarterly revenue loss. According to the two companies’ latest earnings reports released on Thursday, Strategy lost over $8.23 billion in its operations after recording an unrealized loss of $8.32 billion in […]

Bitcoin Price Rebounds as Trump Calls Off Iran Strikes and Hints at a Deal

Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced […]

Arthur Hayes Does It Again: Buys ETH High, Sells It Low

One of the most recognizable and well-known figures in the cryptocurrency space has displayed a somewhat controversial approach to his Ethereum investments over the past few months. The most recent data shared by Lookonchain doubled down on his sporadic approach, as he had realized another loss. The analytics resource informed that the former BitMEX CEO […]

BTC Price Warning: 4 Reasons Bitcoin Could Drop Further Next Week

Bitcoin tried but failed at $65,000 on several occasions in the past week, and there are now multiple and different signals suggesting that another leg down is on the cards. From war escalation to ETF withdrawals, let’s dive in. Macro Factors Let’s start with the Wednesday developments on US soil when the central bank decided […]