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This week’s stories spanned regulation, adoption, market conviction, and industry shakeouts. Seven Senate Democrats rejected the latest CLARITY Act draft, while Cathie Wood doubled down on SpaceX despite its sharp stock decline. River reported that more Americans now own bitcoin than gold, but the treasury-company model took another hit as Satsuma voted to liquidate and … Read more
The Bitcoin blockchain just recorded its 15th difficulty adjustment of the year, trimming mining difficulty by about 0.74% at block height 959616. Amid the year’s wild swings, the balance has clearly tilted toward difficulty cuts, with negative adjustments outnumbering increases by nearly 3 to 2. Difficulty Drops for the 15th Time This Year This weekend, … Read more
Michael Saylor’s latest bitcoin chart comes as Strategy holds 843,775 BTC, maintains a $3.225 billion cash reserve, and still has authorization to sell up to $23.53 billion of additional stock to raise capital, sharpening questions over whether the company will resume bitcoin purchases. Saylor Shares Strategy’s Crowded Bitcoin Chart Strategy Inc. (Nasdaq: MSTR) Executive Chairman … Read more
On Sunday, during the morning trading sessions, bitcoin exchanged hands for $64,466 on July 26, giving back most of a rally that had pushed the cryptocurrency above $66,900 earlier in the week. The past seven days followed a familiar pattern. Buyers stepped in after last month’s drop to $57,700, driving bitcoin from $64,700 on July … Read more
Dormant Bitcoin activity fell to its lowest level since Q3 2022, suggesting long-term holders have slowed distribution after heavy profit-taking. Go to Source
This editorial is from this week’s edition of the newsletter Week in Review, sent to subscribers on Friday. Subscribe to the newsletter to get this weekly editorial the second it’s finished. The newsletter also includes the biggest stories of the week, with a comment on each story. Since last Friday, Bitcoin moved from around $64,000 … Read more
With the move, Argentines can now collect their wages in dollars, a proposal that will be more enticing to companies that already get paid in dollars. Nonetheless, this new option clashes with the historical distrust that Argentines have in banking institutions. Argentina’s Central Bank Authorizes Salary Payments in Dollars Argentina is advancing to a multi-currency-friendly … Read more
South Korea’s largest lender will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries. Go to Source
At the inaugural Energy Investors Forum (EIF) in Dallas on July 23, the AI boom looked less like a software story than an enormous energy-infrastructure buildout. This article first appeared in Miner Weekly, a weekly newsletter by Blocksbridge Consulting curating the latest news in energy, compute, infrastructure, and data analysis from The Energy Mag. The … Read more
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January. Go to Source