Bitcoin (BTC) — Onchain News & Whale Tracking

A long-dormant early Bitcoin miner transferred 500 BTC after 13 years of inactivity, with the holdings now valued at over $31 million.

According to EmberCN’s monitoring, an ancient Bitcoin miner address transferred 500 long-inactive BTC roughly half an hour ago, worth approximately $31.27 million. Data shows these 500 BTC, aggregated from mining addresses in 2013, had not been moved for over 13 years. At that time, Bitcoin’s price was around $1,020, making the 500 BTC worth about $510,000. It is reported that $1,020 was one of Bitcoin’s price highs around 2013, and BTC’s price did not return to the $1,000 level until 2017, meaning this address had experienced a roughly three to four-year "lock-in" period. Currently, the value of this batch of BTC has increased by about 60 times compared to its original value.

Trump-linked crypto mining firm American Bitcoin reported record production in the second quarter, with narrowed losses.

US-listed bitcoin miner American Bitcoin has released its Q2 financial results. Driven by growth in mining output, the company posted a record-high quarterly production, rising revenue, and a narrower net loss compared to the prior quarter. Data shows the firm mined 932 bitcoins in Q2, lifting mining revenue by 8% year-over-year to $67 million, up from $62.1 million in Q1. Its net loss stood at $57.2 million, a sharp drop from $81.8 million in Q1. American Bitcoin was co-founded by Eric Trump and Donald Trump Jr., and is affiliated with the Trump family. Majority ownership of the company is currently held by crypto mining firm Hut 8. As of June 30, the company held roughly 8,002 BTC, and had pledged around 3,090 BTC as part of an agreement with Bitmain for the purchase of mining rigs. Per data from Bitcoin Treasuries, American Bitcoin ranked 16th among global companies holding bitcoin reserves at the time. Earlier, after its share price fell below Nasdaq’s minimum bid requirements, American Bitcoin completed a 1-for-15 reverse stock split in July to retain its listing status. The company’s stock closed down 6.4% last Friday at $5.52, and saw a minor rise in pre-market trading following the earnings release.

American Bitcoin's Bitcoin reserves topped 8,000 in the second quarter, notching its highest quarterly production on record.

American Bitcoin (NASDAQ: ABTC) released its Q2 2026 financial report, showing that as of June 30, the company’s Bitcoin reserves rose to approximately 8,002 BTC, an increase of about 981 BTC from the end of Q1, representing a 14% quarterly growth. Satoshis per share grew by roughly 11%. During the reporting period, the company mined approximately 932 BTC, hitting a record high quarterly production. Mining revenue totaled around $67.02 million, an 8% quarter-over-quarter increase, with gross margin remaining at roughly 50%. The per-BTC mining cost stood at $36,500, nearly unchanged from the prior quarter. Mike Ho, CEO of American Bitcoin, stated that the company will continue expanding mining infrastructure and strengthening its balance sheet to steadily grow its Bitcoin reserves. Eric Trump, co-founder and Chief Strategy Officer, noted that the firm now holds over 8,000 BTC and operates one of the world’s largest Bitcoin mining platforms, expressing unwavering confidence in Bitcoin’s long-term prospects.

A trader opens high-leverage long positions worth $43.68 million in Bitcoin (BTC) and Ethereum (ETH)

According to Onchain Lens monitoring, a Hyperliquid trader opened high-leverage long positions over the past hour: a 40x leveraged long of 400.88 BTC (worth approximately $25.16 million) and a 25x leveraged long of 10,000 ETH (worth around $18.51 million), bringing total position value to roughly $43.68 million. The position currently has an unrealized profit of about $193,300, though the trader’s cumulative historical losses still stand at around $1.95 million.

South Korea’s benchmark KOSPI index has overtaken Bitcoin to top the global ranking of stock indices by volatility.

According to Bloomberg, South Korea's Korea Composite Stock Price Index (KOSPI) has become the world's most volatile national stock index, even exceeding Bitcoin in volatility. The KOSPI's year-to-date return volatility has surged to 63%, ranking first among major national stock indices, surpassing Bitcoin's 48%.

South Korea's KOSPI index has seen its year-to-date volatility surge to 63%, surpassing Bitcoin's 48%.

According to Bloomberg, South Korea's KOSPI has emerged as the world's most volatile national stock index, even outstripping Bitcoin in volatility. The index's year-to-date return volatility has surged to 63%, topping the list among major national stock indices and exceeding Bitcoin's 48%.

Cold Wallets No Longer Secure? Everyone On Edge As Multiple Dormant Crypto Whales Transfer All Bitcoin Holdings

According to monitoring by Onchain Lens, a Bitcoin whale that had been dormant for four years transferred 730 BTC (valued at approximately $46.12 million) to a brand-new wallet one hour ago. On-chain records show that this wallet had accumulated the aforementioned holdings over the past seven years. Earlier reports noted that another whale ended a seven-month dormancy today, transferring 16,400 BTC to a new address. Analysts stated that sustained attacks on Bitcoin hardware wallet manufacturer Coldcard due to vulnerabilities, along with the loss of years of savings for some users, may be a key factor driving the whale’s holding transfers. The security of hardware wallets is now facing severe doubts, which could prompt many long-term holding whales to feel anxious and start moving their holdings to new addresses to mitigate risks.

Short-term Bitcoin holders sold 32,000 Bitcoin at a loss in a single day, hitting a one-month high.

CryptoQuant analyst Darkfost said short-term Bitcoin holders transferred more than 32,000 BTC to centralized exchanges (CEX) on August 1 at a loss, marking one of the largest sell-off loss events in the past month.

Strategy may sell nearly 300 Bitcoin again.

According to monitoring by Onchain Lens, a wallet associated with MicroStrategy transferred 299.843 BTC (valued at approximately $18.91 million) to an address 9 hours ago. The address had previously sent Bitcoin to Galaxy Digital, Binance, and Coinbase. Analysts noted a similar transfer occurred last month, around the time MicroStrategy reported selling BTC worth roughly $216 million.

Glassnode: Bitcoin futures basis shows signs of a cyclical bottom, remaining persistently below 2-year U.S. Treasuries.

Crypto analytics firm Glassnode said that since February this year, the basis yield of 3-month Bitcoin futures has remained lower than the yield of 2-year U.S. Treasuries. Historically, there has only been one other period of comparable length: from August 2022 to January 2023, a timeframe that ultimately marked the bottom of the cycle.

Michael Saylor has once again published Bitcoin Tracker information.

Strategy founder Michael Saylor once again shared updates related to the firm’s Bitcoin tracker, with the caption: “Bitcoin Drive engaged.” Per its historical pattern, Strategy typically discloses Bitcoin purchases the day after such announcements, but the company has not added to its Bitcoin holdings for five consecutive weeks. This week, Strategy released its second-quarter financial results, reporting an $8.2 billion loss, compared to a $10 billion profit in the year-ago period. The loss stemmed primarily from unrealized paper losses on its Bitcoin holdings. Strategy noted that its Bitcoin position rose 11% in Q2, peaking at 846,000 BTC before the firm began selling some of its assets. As of its latest filing, the company holds 843,775 BTC. Year-to-date, Strategy has sold approximately $218 million worth of Bitcoin to cover preferred stock dividends. The firm had previously suspended Bitcoin purchases for five consecutive weeks, shifting its focus to expanding U.S. dollar cash reserves.

Researchers from the People's Public Security University of China have developed an AI algorithm to track Bitcoin money laundering, with an overall accuracy rate of approximately 90%.

Researchers from the Chinese People's Public Security University have developed an AI framework that detects illegal cryptocurrency transactions with an overall accuracy of nearly 90%. The study was published in the Chinese peer-reviewed journal *Intelligence Magazine*. Corresponding author Dr. Sun Jingchao, who specializes in criminal investigation and cybersecurity, noted that the research "provides an accurate, scalable, and interpretable solution for detecting illegal cryptocurrency transactions" and offers an innovative technical path for regulators to crack down on illegal crypto activities and economic crimes. The AI framework leverages memory modules and large language models, specifically targeting the anonymity and cross-border traits of cryptocurrencies to track illegal transactions such as money laundering. The research comes as China continues to intensify its efforts against crypto-related financial crimes. In March this year, the Supreme People's Procuratorate disclosed that procuratorial organs prosecuted 3,259 people for money laundering involving virtual currencies and underground banks in 2025. As cryptocurrency trading volumes surge, its anonymous and cross-border nature creates channels for illegal fund flows; this police-developed AI detection tool marks an upgrade in regulatory technical means from passive tracking to active intelligent identification.

Bitcoin drops below $63,000, posting a 0.12% decline in the last 24 hours.

According to HTX market data, Bitcoin has fallen below $63,000, with a 0.12% decline in the past 24 hours.

Following a hack on Coldcard, small-value Bitcoin transfer activity has surged to its highest level since the FTX collapse.

The recent hacking incident targeting Coldcard wallets continues to escalate, with a sharp rise in small-value Bitcoin transfers hitting their highest level since the FTX collapse, reigniting market discussions about Bitcoin self-custody security. CryptoQuant Research Head Julio Moreno revealed data showing that the number of on-chain Bitcoin transfers under 1 BTC has risen to its highest level since November 2022, with roughly 39,600 BTC transferred in a single day—just 300 BTC short of the November 16, 2022, record of 39,900 BTC set days after FTX filed for bankruptcy. Users are proactively taking action to mitigate risks. Previous reports noted that the Coldcard Bitcoin hardware wallet was targeted in the attack; stolen funds have now reached 1,367.05 BTC, worth approximately $88.6 million, across 4,585 addresses. Galaxy Research Head Alex Thorn stated that the attack is still ongoing, urging users who have not yet moved their funds to immediately transfer assets out of addresses generated by Coldcard.

The probability that Bitcoin will rise to $70,000 this month stands at 26%.

Prediction market platform Polymarket puts the probability of Bitcoin rising to $70,000 in August at 26%. Additionally, the probability of Bitcoin hitting $65,000 is 80%, while the probability of it falling to $60,000 is 56%.

Prominent trader: Bitcoin remains range-bound and is approaching the bear market low.

Well-known crypto trader Killa stated in a post that when Bitcoin (BTC) enters a new monthly cycle, the market has built up a strong bearish narrative, making a bullish reaction at the start of this month highly probable. He pointed out that based on past price action, BTC typically sees a counter-move when entering a new phase amid pronounced bearish sentiment. This pattern only tends to fail ahead of a major trend shift, such as last November and February and June this year. Killa argues BTC is currently still in range-bound trading, near bear market lows, leaving two possible outcomes: either the price makes one final break below $57,000, or it starts a rally this month and continues trading within the range. Even if BTC declines later, a 2% to 4% rise at the start of this month would better align with the current market structure.

Michael Saylor responds to the report that "Strategy intends to sell up to $5 billion worth of Bitcoin under authorization": This is old news, and no new authorization has been announced.

Michael Saylor has responded to reports that Strategy plans to authorize the sale of up to $5 billion worth of Bitcoin, calling the news a repackaging of an old announcement. Strategy originally unveiled the relevant authorization on June 29 as part of its capital management framework, Saylor said. The authorization allows the company to sell Bitcoin for pre-defined uses but does not mandate any actual sales, he explained. Strategy has not announced a new sales authorization recently, Saylor added, noting that the firm expects to remain a net buyer of Bitcoin over the long term.

Michael Saylor: MicroStrategy Has Never Adopted a "Never Sell" Policy, Will Continue Net Purchases of Bitcoin Over the Long Term

Strategy founder Michael Saylor stated in a post that the company announced its BTC monetization plan on June 29, 31 days ahead of releasing its second-quarter results, not after reporting a loss. Saylor added that Strategy has never adhered to a "never sell" policy. The plan does not mandate the company to sell any Bitcoin, and the firm expects to remain a net Bitcoin buyer over the long term.

Bitcoin surges past $63,000

Per HTX market data, Bitcoin has broken through $63,000, with a 0.11% gain in the last 24 hours.

Trump Media allegedly sold another 2,628 Bitcoin, valued at approximately $165 million.

According to on-chain analyst Yu Jin Monitoring, Trump Media (DJT), the publicly listed firm owned by former US President Donald Trump, appears to be preparing to reduce its Bitcoin (BTC) holdings again after a two-month hiatus. Approximately six hours ago, the company transferred 2,628 BTC to Crypto.com, valued at around $165 million. Moving tokens to a trading platform typically signals potential selling plans, though the transaction has not yet been confirmed as completed. Trump Media raised funds through stock and convertible bond offerings between July and August last year, then purchased 11,542 BTC at an average price of $118,529, with a total investment of roughly $1.368 billion. So far this year, the company has sold 7,281 BTC, cashing out about $545 million at an average price of $74,860, resulting in a realized loss of approximately $318 million. It currently holds 4,261 BTC worth around $268 million, with an unrealized loss of roughly $237 million. Based on the above figures, its cumulative loss on BTC investments stands at about $555 million.

Michael Saylor: BIP-110 cannot meet the 55% voluntary support threshold in the current Bitcoin mining difficulty cycle.

Strategy founder Michael Saylor posted that in the current Bitcoin difficulty adjustment cycle (946 blocks had been mined as of block 960,561), only 24 blocks set the BIP-110 support flag in their block header’s version field. All miner signals originated from DATUM miners that share rewards via OCEAN; signals from non-OCEAN sources were zero. The voluntary 55% threshold for this cycle is mathematically unachievable, and this does not reflect miner consensus. OCEAN has set BIP-110 signaling as default for its existing endpoints. The BIP-110 guidelines direct node operators to use Bitcoin Knots and miners to use DATUM. Regardless of intent, BIP-110 has effectively become a vertically integrated marketing campaign for Knots and OCEAN/DATUM. BIP-110 remains voluntary until block 961,632; from blocks 961,632 to 963,647, the software will reject all blocks that do not signal support. Any "100% signaling" observed during this window is merely the result of rule enforcement, not voluntary miner backing or Bitcoin consensus.

PlanB: Bitcoin has started bottoming out, a process that typically takes 1 to 3 months.

Renowned crypto analyst PlanB posted that Bitcoin closed at $62,818 in July, with its 200-week moving average standing at $63,000. It appears Bitcoin has entered a bottoming process, which typically takes 1 to 3 months, during which BTC could dip to lower levels.

Analyst: The "fuel" for Bitcoin's forced selling has been exhausted, and investors should watch for signals of capital inflows into Bitcoin ETFs.

，Bitfinex 分析师发布报告表示，此前在 6 月底的比特币抛售中，衍生品交易者已基本被清洗出局。比特币在 7 月 1 日跌破 58,000 美元，此后日均清算金额一直远低于今年典型的 4 亿至 5 亿美元区间，表明尽管出现宏观冲击，但强制抛售压力很小，「加密市场跌幅小于杠杆股票主题，是因为强制抛售的『燃料』已经耗尽。」Bitfinex 分析师预计，投资者在下周美国就业报告（美联储会议后的下一个主要宏观催化剂）前将保持防御性。他们认为，与其担心新一轮强制清算，更关键的问题是现货比特币 ETF 资金流入能否在市场对美联储路径有更清晰判断后重新回归。分析师写道：「我们认为，在美联储加息风险仍存的情况下，仓位将保持防御性。机构买家是否积极或对价格不敏感，才是交易者尚未出现的信号。」

Analysis: Bitcoin’s current holding concentration mirrors that on the eve of the FTX collapse, signaling a potential final dip in the bear market.

According to crypto analyst Murphy, Bitcoin’s URPD (UTXO Realized Price Distribution) data reveals that Bitcoin has a high concentration of 890,000 coins at the $63,000 level, and 710,000 coins at the $62,000 level. Together, these holdings account for roughly 8% of the circulating supply, far exceeding the average. Murphy points out that this concentration level mirrors that seen on the eve of the 2022 FTX incident, noting that high concentration boosts Bitcoin’s price sensitivity, making it vulnerable to sharp fluctuations and eventually triggering violent capital redistribution, which could mark a key directional shift in the late bear market. In response, Jiang Zhuoer commented that if the CLARITY Act fails to pass before the congressional recess, Bitcoin may see its final drop to the bear market bottom.

Bitcoin ETFs recorded a net inflow of 172.8 million US dollars in July.

According to monitoring by Farside Investors, Bitcoin ETFs posted a cumulative net inflow of $172.8 million in July. July’s inflows were driven primarily by IBIT (+$227.6 million) and Grayscale BTC (+$294.6 million), while Grayscale GBTC (-$360.4 million) and Fidelity FBTC (-$209.5 million) saw notable outflows. Separately, Bitcoin ETFs recorded a net outflow of $61.5 million last week.

Coinbase’s Bitcoin negative premium has persisted for 75 days, marking a new all-time record for the longest such period.

According to CoinGlass data, Coinbase’s Bitcoin Premium Index has remained in negative premium territory for 75 consecutive days from May 19 to August 1, setting a new record for the longest consecutive negative premium period since the index’s launch. The previous longest record was 40 consecutive days from January 16 to February 24 this year, which also exceeded the roughly 30-day consecutive negative premium period during last year’s "1011 crash". The Coinbase Bitcoin Premium Index measures the Bitcoin price spread between Coinbase Pro and Binance. A sustained negative index typically indicates Coinbase’s quoted price is relatively lower, reflecting weak buying demand or heavy selling pressure in the U.S. market, but the metric alone should not be used to directly conclude that institutional funds are flowing out.

Prominent trader: If Bitcoin drops below $61,000, it will likely test the $54,000 level.

Prominent trader Killa said in an early morning post that Bitcoin has pulled back again after the FOMC meeting. A key low-leverage long position cluster sits below the current price. He advised traders to monitor the $61,000 to $61,500 range; if this level breaks, Bitcoin will test the $54,000 to $56,000 zone. Killa, a BTC-focused quantitative trader, predicted the peak of the current bull run in May 2025 and has over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then shifted to a long position during the broad market sell-off on June 5.

Bitcoin mining firm Bitdeer produced 271.3 BTC this week, selling all of it to maintain a zero BTC position.

Bitcoin mining firm Bitdeer has released its weekly data. As of July 31, the company produced 271.3 BTC this week, sold an equivalent amount, resulting in zero net addition, with its pure BTC holdings remaining at zero (excluding customer deposits). Since February 20, Bitdeer has maintained zero Bitcoin holdings for 23 consecutive weeks.

Yesterday, Bitcoin ETFs posted a net outflow of $265.4 million, while Ethereum ETFs recorded a net inflow of $9 million.

According to Farside Investors' monitoring, U.S. spot Bitcoin ETFs saw a net outflow of $265.4 million yesterday. IBIT recorded a net outflow of $122.7 million, while FBTC posted a net outflow of $54.8 million. Meanwhile, Ethereum ETFs reported a net inflow of $9 million, with ETHB alone seeing a net inflow of $15.4 million.

Bitcoin’s Historical August Returns: Since 2013, the cryptocurrency has recorded 9 monthly declines and 4 monthly gains, with a median return of -7.49%.

Bitcoin traded largely stable in July, though it fell over 3% on the final day due to the FOMC effect, still notching a 7.51% monthly gain. Looking ahead to August, Bitcoin’s historical August performance since 2013 shows 9 down months and 4 up months across 13 instances. While the average monthly return stands at 1.12%, the median return is only -7.49%. The largest monthly gain occurred in August 2017, when Bitcoin rose 65.32%, while the steepest drop took place in August 2015, with an 18.67% monthly decline.

Bitcoin ETF inflows +$212.73M today, Ethereum ETFs see $71.08M weekly outflows

July 31 Update: #Bitcoin ETFs: 1D NetFlow: +3,397 $BTC(+$212.73M)?? 7D NetFlow: -800 $BTC(-$50.09M)?? #Ethereum ETFs: 1D NetFlow: -1,757 $ETH(-$3.27M)?? 7D NetFlow: -38,195 $ETH(-$71.08M)??

Bitcoin fell below $63,000

According to HTX market data, Bitcoin has fallen below $63,000, with a 2.9% decline in the past 24 hours.

A prominent trader has stated that Bitcoin has entered an accumulation range, and is not expected to retest the $36,000 to $48,000 zone.

Well-known trader Killa stated in a post that Bitcoin is unlikely to see the deep capitulation wick widely anticipated by the market, nor will it fall further to the $36,000–$48,000 range. He noted that in past bear cycles, Bitcoin typically forms three key lows, with the last two being the most critical. Bitcoin previously swept the $59,000 level, showing a minor bullish divergence, but failed to break lower with significant momentum afterward. If the market were indeed preparing to drop further toward $40,000, that decline would have already occurred, he argued. Killa believes Bitcoin is now clearly in an accumulation zone, with $57,000 acting as a key benchmark for the overall bottom. Prices could still dip briefly below this level, but a sustained plunge to the extreme lows the market expects is not anticipated. Historical trends support this view: Bitcoin has swept key lows as it did in every prior cycle, and the significance of this signal may be underestimated by the market.

Coinbase increased its Bitcoin holdings by 819 BTC in Q2, bringing its total BTC position to 17,311.

Coinbase increased its Bitcoin holdings by 819 coins in the second quarter of 2026, bringing its total Bitcoin position to 17,311, making it the ninth-largest corporate entity holding Bitcoin.

Coldcard Wallet Alleged Vulnerability Leads to Theft of Over $38 Million Worth of Bitcoin

According to monitoring by Lookonchain, a vulnerability in the Coldcard wallet has led to the transfer of funds from approximately 500 wallets to the address bc1qnk, involving a total of 594.48 Bitcoin worth roughly $38.2 million.

Yesterday, Bitcoin spot ETFs posted a net inflow of $233 million, while Ethereum spot ETFs recorded a net inflow of $12.8 million.

Yesterday, U.S. spot Bitcoin ETFs posted a combined net inflow of $233.1 million. Among them, BlackRock’s IBIT saw a net inflow of $183.4 million, Fidelity’s FBTC recorded $15.5 million, Bitwise’s BITB brought in $20.7 million, and ARKB had a net inflow of $1.5 million. For spot Ethereum ETFs, the total net inflow reached $12.8 million yesterday. Breaking down the Ethereum data: BlackRock’s ETHA posted a net inflow of $16.2 million, FETH saw a net outflow of $2.9 million, ETHW had a net inflow of $1.4 million, and ETHE recorded a net outflow of $1.6 million.

Hong Hao: Bitcoin’s long-term value stems from its scarcity and decentralized credit system, with its cycle window likely to open in the third and fourth quarters of this year.

At a Binance offline private sharing event, renowned economist Hong Hao shared his latest views on Bitcoin’s long-term value and market cycles. Hong Hao stated that Bitcoin’s long-term logic is very clear: its fixed supply cap of 21 million coins determines its scarcity, forming a value foundation distinct from the traditional fiat currency system. When discussing the relationship between Bitcoin and gold, Hong Hao noted that both possess scarcity and long-term value storage attributes, though their sources of credit differ. Gold has thousands of years of human credit accumulation, while Bitcoin, backed by a decentralized network and fixed supply mechanism, is forging a new credit system. In the long term, gold’s target is $10,000, while Bitcoin’s target is $1 million. Regarding Bitcoin cycles, a key focus of the market, Hong Hao pointed out that limited supply makes this type of asset inherently cyclical. He believes that, per calculations from his team’s cycle model, an important time window for a new cycle may arrive during the transition between the third and fourth quarters of this year. However, he also reminded investors that, despite the approaching time window, they should remain patient and wait for further resolution of market uncertainties.

Bhutan has entrusted digital asset management firm 3iQ with managing a portion of its Bitcoin reserves.

Bhutan’s Gelephu Mindfulness City has appointed digital asset management firm 3iQ to manage a portion of its Bitcoin reserves. The two parties did not disclose the actual amount of assets under management, custody arrangements, or whether the mandate allows for lending, derivatives trading, and other yield-generating strategies. Earlier reports noted that Bhutan would allocate 10,000 Bitcoin (worth approximately $875 million) from its Bitcoin reserves for the construction of the Gelephu Mindfulness City.

Strategy’s Q2 Financial Report: $8.2 Billion Loss, Primarily Attributable to Bitcoin Holdings

Bitcoin treasury firm Strategy released its second-quarter financial results, posting an $8.2 billion loss, compared to a $10 billion profit in the year-ago period. The loss stemmed primarily from unrealized paper losses on its Bitcoin holdings. As of press time, Strategy’s stock edged up 0.01% in after-hours trading. The company said its Bitcoin holdings rose 11% in Q2, hitting a peak of 846,000 BTC before it began selling off some of the assets. As of the latest filing, Strategy holds 843,775 BTC. Year-to-date, the firm has sold roughly $218 million worth of Bitcoin to cover preferred stock dividend payments. It had paused Bitcoin purchases for five consecutive weeks, prioritizing instead to expand its U.S. dollar cash reserves. At the end of June, Strategy rolled out its Digital Credit Capital Framework, which plans to build a minimum U.S. dollar reserve covering 12 months of preferred stock dividends and interest expenses, and authorized a maximum $1.25 billion Bitcoin monetization program to replenish reserves or fund dividend payments. CEO Phong Le noted that the company cut its convertible bond size by 18% to $6.7 billion in Q2, while lifting its U.S. dollar reserves by 12% to $2.4 billion. CFO Andrew Kang added that the firm’s current U.S. dollar reserves total around $3.75 billion, enough to cover related expenses for roughly two years, and it has made on-time dividend payments for 18 consecutive months.

Bitcoin ETFs +585 $BTC 1D, -7,704 $BTC 7D; Ethereum -6,440 $ETH 1D, -23,916 $ETH 7D

July 30 Update: #Bitcoin ETFs: 1D NetFlow: +585 $BTC(+$37.81M)?? 7D NetFlow: -7,704 $BTC(-$498.09M)?? #Ethereum ETFs: 1D NetFlow: -6,440 $ETH(-$12.34M)?? 7D NetFlow: -23,916 $ETH(-$45.95M)??

Bitcoin breaks through $65,000, with a 0.94% gain in the last 24 hours.

According to HTX market data, Bitcoin has broken through the $65,000 threshold, posting a 0.94% gain in the past 24 hours.

A newly created address withdrew 1,250 Bitcoin from Binance, worth approximately $80.94 million.

According to Lookonchain's monitoring, a newly created address (bc1qwz) has just withdrawn 1,250 Bitcoin from Binance, valued at approximately $80.94 million.

Hyperscale Data sold 100 Bitcoin to fund its artificial intelligence data center construction.

AI data center firm Hyperscale Data, Inc. (NASDAQ: GPUS) announced it has sold 100 Bitcoin to fund the construction of its artificial intelligence data center in Michigan. CEO William Horne stated the move is "a conversion of one balance sheet asset to another", emphasizing the company’s stance on Bitcoin remains unchanged.

Crypto options with a notional value of $10.3 billion are scheduled to expire and settle tomorrow, with Bitcoin’s (BTC) max pain point standing at $64,000.

According to Deribit data, crypto options with a notional value of $10.3 billion will expire and settle tomorrow, with details as follows: · BTC options have a notional value of $9.5 billion, a put/call ratio of 0.28, and a max pain point of $64,000; · ETH options carry a notional value of $819 million, a put/call ratio of 0.59, and a max pain point of $1,800.

China Business Journal has issued a statement warning enterprises not to pay fraudsters who are sending Bitcoin ransom emails under its name.

China Business Journal issued a statement noting: "Recently, our organization has discovered that criminals are impersonating the 'China Business Journal' to send emails to some enterprises via non-official company email accounts, falsely claiming to have obtained major negative information about the enterprises through so-called 'undercover probes', and threatening that if payment (in Bitcoin) is not made, the relevant 'undercover investigation articles' will be published." The China Business Journal emphasized that all its news reports strictly abide by national laws and regulations, and all interviews and communications are conducted through official channels. Such acts are suspected of fraud. The paper has closely monitored the situation and collected evidence, reserving all rights to pursue legal liability. The statement reminds relevant enterprises to stay vigilant: if they receive such impersonation emails, do not make any payments, immediately save all evidence and report the incident to the local public security organ.

Yesterday, U.S. spot Bitcoin ETFs posted a net inflow of $32.1 million, while U.S. spot Ethereum ETFs recorded a net outflow of $32.9 million.

According to data from FarsideUK, U.S. Bitcoin spot ETFs saw a total net inflow of $32.1 million yesterday. Among them, BlackRock’s IBIT recorded a net inflow of $89.8 million, Fidelity’s FBTC posted a net outflow of $43.1 million, ARK 21Shares’ ARKB had a net outflow of $14.6 million, while the remaining ETFs saw roughly flat capital flows. U.S. Ethereum spot ETFs, meanwhile, posted a total net outflow of $32.9 million. Breakdown: BlackRock’s ETHA saw a net inflow of $5.2 million, Fidelity’s FETH had a net outflow of $16.1 million, Grayscale’s ETHE recorded a net outflow of $9.7 million, Grayscale’s ETH posted a net outflow of $8.1 million, Bitwise’s ETHW saw a net outflow of $1.4 million, and TETH had a net outflow of $2.8 million; the rest of the ETFs had largely flat capital flows.

US Treasury sanctions Iran’s Hormuz Strait Insurance Network for using Bitcoin to evade sanctions.

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Persian Gulf Marine Insurance and HormuzSafe Maritime Services Administration. The two entities provide insurance policies approved by Iran’s Islamic Revolutionary Guard Corps (IRGC) for commercial vessels transiting the Strait of Hormuz, and accept digital assets such as Bitcoin to evade sanctions. OFAC also sanctioned eight shadow fleet vessels transporting Iranian crude oil and petroleum products, along with their affiliated companies. Since the start of this year, OFAC has sanctioned more than 100 vessels linked to Iran’s shadow fleet.

Bitfinex: Bitcoin long-term holders continue to accumulate, with the market closer to stabilization than a recovery.

Bitfinex stated in a report that despite Bitcoin’s price falling from $82,000 to below $58,000, long-term holders have maintained net accumulation of BTC. However, alongside a concurrent weakening of selling pressure, their accumulation pace has slowed notably: net additions hit roughly 40,000 BTC in late May, dropping to around 14,000 BTC by late July. Bitfinex views the current market as being in a stabilization phase rather than having entered a substantive recovery.

A prominent trader has proposed the Bitcoin golden cross technical indicator, advising traders to go long once the price breaks out.

Prominent trader Killa posted that every time Bitcoin forms a golden cross (where the 50-day moving average crosses above the 200-day moving average) near the market bottom in its history, it signals the start of a major bull market trend, and traders may consider going long once the price holds above both moving averages. Killa, a quant trader focused on Bitcoin (BTC), previously predicted the peak of the current bull market in May 2025 and boasts over 200,000 followers on X. In mid-April, he shorted Bitcoin at $74,688, then switched to a long position during the broad market sell-off on June 5.

K33: Bitcoin trading volume in July hits its lowest level since 2023

K33 Research stated in a report that Bitcoin has stayed in a narrow consolidation range of $60,000 to $66,000 over the past week. In July, the average daily spot trading volume was only around $2.2 billion, CME’s open interest is near multi-year lows, and open interest in perpetual contracts has stalled at roughly 300,000 Bitcoin. Bitcoin’s trading volume in July hit its lowest level since November 2023.