Bitcoin rose on Monday, extending its strong rebound from the end of last week as crypto markets welcomed U.S. President Donald Trump’s executive order allowing pension funds to invest in the sector.
An analysis of Binance data over recent months shows that the rise in Bitcoin (BTC) prices may be driven by a supply shortage rather than an active inflow of liquidity.
British energy company Union Jack Oil, listed on the London Stock Exchange, has announced plans to convert natural gas from its West Newton site into electricity to mine Bitcoin. This could become one of the first projects in the UK to monetize oil through crypto.
A sharp increase in liquidity suggests that Bitcoin (BTC) may be preparing for another short squeeze. As the price of the leading cryptocurrency climbs above $116,700, Bitcoin holds nearly $18 billion in leveraged short positions, with a liquidation zone showing near $120,000, according to CoinGlass data.
The price of the leading cryptocurrency surpassed $117,000 after U.S. President Donald Trump signed a new executive order on retirement savings.
Block Inc., led by Jack Dorsey, increased its Bitcoin reserves by 108 BTC in Q2, bringing the company’s total corporate holdings to 8,692 BTC. According to the 10-Q report filed with the SEC, total revenue reached $6.05 billion, up 1.5% from the previous quarter, while gross profit rose by 8.2% to $2.54 billion.
On Wednesday, U.S.-based spot Bitcoin exchange-traded funds (ETFs) returned to net inflows after four consecutive days of outflows. According to SoSoValue, the daily net inflow into Bitcoin ETFs reached $91.5 million yesterday.
According to a new analysis by the Ecoinometrics platform, Bitcoin's current rally is happening amid unusually low volatility. This week, volatility dropped to its lowest level in the past decade, signaling an "exceptionally calm bullish trend."
On Tuesday, crypto and stock markets saw a slight downward correction. Bitcoin (BTC) fell below $113,000 after U.S. President Donald Trump announced that new tariffs would be implemented next week. The crypto market dropped 1.82%, while S&P 500, Nasdaq, and Dow declined by 0.28%, 0.36%, and 0.03% respectively.
After dipping to the lower end of the $112,000 range on Monday, bitcoin's price has recovered above the $115,000 mark. A comparable decline was observed in the stock markets, but they too have since rebounded.
A claim has recently circulated on social media stating that investors in India hold more than one million bitcoins — accounting for 5.1% of the total supply. However, data analysis suggests this statement is likely unfounded and misrepresents the actual situation.
In 2025, Bitcoin (BTC) and Ethereum (ETH) have shown significant growth and attracted unprecedented institutional interest.
This week, Bitcoin’s mining difficulty reached a record high of 127.6 trillion, making it harder than ever to mine new blocks. Miners now require more computational power to solve the problems needed to validate transactions and earn rewards.
Bitcoin remained mostly unchanged on Monday, stabilizing after a sharp drop last week when concerns over slowing U.S. economic growth and impending trade tariffs curbed appetite for risk assets.
In 2020, LuBian controlled nearly 6% of Bitcoin’s network hashrate. On December 28, attackers withdrew over 90% of the BTC from the pool’s wallets. Then, on December 29, an additional $6 million in BTC and USDT was stolen through an address on the Bitcoin Omni network.
Amid Bitcoin’s (BTC) drop below $114,000, August 1 saw a sharp decline in net taker volume on Binance to -$1.5 billion — one of the worst readings in recent weeks, signaling overwhelming dominance of market sell orders. Analyst Amr Taha attributes this to a wave of liquidations of late long positions entered during the recent price rebound.
Українська
Русский
English