Bitcoin (BTC) — Onchain News & Whale Tracking

Bitcoin surges briefly, breaking through $75,000.

According to HTX market data, Bitcoin briefly rallied to break through $75,000, and has now pulled back to $74,800, with a 24-hour increase of 7.74%.

Analysis: Bitcoin selling pressure may be nearly exhausted, with an average 155% rise in the year following similar historical signals.

21Shares published a note stating that selling pressure in the Bitcoin market may be nearing exhaustion. Data shows the Bitcoin Seller Exhaustion Constant is currently around 0.007, placing it in the bottom 0.3% of all readings since 2010. The firm noted this marks only the 11th time in Bitcoin’s history such a low reading has been recorded. Following the prior 10 instances, BTC’s price one year later was higher than at the time of the signal, with a median gain of 155%. However, 21Shares emphasized that the indicator does not confirm Bitcoin has hit a bottom. Historical data shows Bitcoin may still decline in the short term after the seller exhaustion signal emerges, before completing a trend reversal.

Bitcoin surges in short-term trading, breaking through the $74,000 mark, rising nearly 8% in 24 hours.

According to HTX market data, Bitcoin has surged sharply in the short term to cross the $74,000 mark, notching a nearly 8% gain in the past 24 hours.

Bitcoin breaks through $73,000, with a 5.71% rise in the past 24 hours.

According to HTX market data, Bitcoin has broken through the $73,000 mark, currently trading at $73,320, with a 5.71% increase over the past 24 hours.

Peter Schiff: Bitcoin’s rise is just a "false breakout", advises selling BTC and buying gold.

Longtime Bitcoin critic Peter Schiff posted that Bitcoin’s rally to break above $72,000 is a fake breakout, not a genuine one. The U.S. Treasury’s announcement of a repurchase plan caught the market off guard. Bitcoin investors have long believed that a return to loose monetary policy would act as a catalyst for sharp gains in both gold and Bitcoin, but that view is only half correct. Schiff advised selling Bitcoin and buying gold.

Coinbase publicly calls on X to restore the Bitcoin emoji

Coinbase’s official X account posted that now appears to be a good time to resubmit this request to the X platform, calling out to X: “Restore the Bitcoin emoji.” Previous reports noted that X (formerly Twitter) removed the orange Bitcoin emoji associated with the #Bitcoin tag on July 26, 2024.

Coinbase CEO: Bitcoin could surge to $300,000 to $400,000 in the coming years

Coinbase CEO Brian Armstrong told FOX Business in an interview, "I think in the coming years, such as by 2030, we could very likely see Bitcoin reach $300,000 and $400,000."

Bitcoin approaches the formation of the "Golden Cross", long-term bullish signal re-emerges.

Bitcoin (BTC) may be approaching a "golden cross" formation, a technical analysis pattern generally regarded as a long-term bullish momentum signal. The pattern will be officially confirmed if Bitcoin continues its upward trend by breaking above the 50-day simple moving average (SMA), and also surpassing the current 200-day SMA of $69,005. This potential cross emerges as Bitcoin’s price has climbed to $71,000, having rallied over 12% in the past week, and currently trades slightly above its 200-day SMA. The 200-day SMA, which reflects Bitcoin’s average closing price over the past 200 trading days, is widely used to gauge long-term market trends. If Bitcoin remains above this moving average, it typically signals a potential shift from a bear market to a bull market; conversely, a break below the 200-day SMA would send the opposite signal.

Bitcoin wallets dormant for 11 years collectively 'awaken', transferring 1,214 BTC within 24 hours.

As Bitcoin rallies to this week’s high of $72,400, long-dormant "old coins" have suddenly been moving at an astonishing pace from cold wallets. Over the past 24 hours, a total of 1,314.41 BTC has been transferred from long-dormant Bitcoin wallets, with a total value of roughly $94 million. Of this amount, around 1,214.42 BTC, worth approximately $86 million, all came from wallets first used as early as 2011.

August 20 Update: #Bitcoin ETFs: 1D NetFlow: +6,603 $BTC(+$472.2M)🟢 7D NetFlow: +11,149 $BTC(+$797.21M)🟢 #Ethereum ...

August 20 Update: #Bitcoin ETFs: 1D NetFlow: +6,603 $BTC(+$472.2M)?? 7D NetFlow: +11,149 $BTC(+$797.21M)?? #Ethereum ETFs: 1D NetFlow: +78,306 $ETH(+$177.85M)?? 7D NetFlow: +132,276 $ETH(+$300.42M)??

Adam Back: Bitcoin could hit $1 million faster than the market expects.

Blockstream CEO and early Bitcoin community contributor Adam Back said Bitcoin hitting $1 million will happen faster than people expect, and its market capitalization will equal that of gold. Back is scheduled to deliver a speech at the Bitcoin Treasuries Conference on September 28.

CryptoQuant Founder: Bitcoin's futures and spot demand turn positive simultaneously for the first time, suggesting a potential start of a new bull market cycle.

CryptoQuant founder Ki Young Ju stated, "For the first time since Bitcoin hit its all-time high (ATH) in October 2025, demand for the leading cryptocurrency has turned positive across both spot and perpetual futures markets. The current scale of this demand growth remains limited, but if the trend persists for one month, it would be reasonable to conclude that the previous bear market has ended and a new bull cycle has begun."

Short-term Bitcoin holders transferred 44,300 BTC to centralized exchanges (CEXs) yesterday, marking the largest profit-taking activity recorded so far this year.

Crypto analyst Darkfost wrote that Bitcoin notched its largest single-day gain since February 2026 yesterday, surging 7.1% in 24 hours. The rally pushed Bitcoin’s price above the cost basis of short-term holders (STHs), triggering massive profit-taking among STHs. Data shows short-term holders transferred over 44,300 BTC to trading platforms yesterday, marking the largest profit-taking volume since 2026. Currently, the STH cost basis stands at roughly $67,100. After Bitcoin broke above this level, some previously profitable holders began moving their assets. Darkfost attributed the rally to multiple factors. U.S. Treasury Secretary Besant previously announced the U.S. would expand its long-term Treasury repurchase operations by double, driving a sharp decline in long-term U.S. Treasury yields. Later, Trump spoke at a dedicated crypto industry meeting at the White House, stating the U.S. is considering purchasing large amounts of BTC, urging Congress to pass the Clarity Act, and expressing his wish to facilitate Hyperliquid’s entry into the U.S. market. The market remains divided on whether these policy statements are mere discussions or the U.S. government’s genuine intent to become a global crypto hub. Currently, as Bitcoin attempts to break through key resistance levels—including the STH cost basis—the on-chain behavior of short-term holders continues to warrant close monitoring.

Whale "First Set 10 Big Goals" has liquidated $222 million worth of Bitcoin (BTC) and Ethereum (ETH) short positions, incurring a loss of $6.283 million.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the trading account "10 Big Goals First" has fully closed all its short positions in BTC and ETH worth $222 million via stop-loss orders, taking a loss of $6.283 million. The account made $13.04 million from long positions yesterday, but today's short trades erased $6.28 million of those gains, resulting in a net profit of $6.76 million for this round of long-short trading.

Yilihua: Bitcoin’s strong rebound breaking through $68,000 may signal the end of the crypto bear market cycle.

Liquid Capital (formerly LD Capital) founder Yili Hua wrote in an article that he had repeatedly emphasized earlier that July to August could be the final bottom-hunting window. Based on Bitcoin’s historical decline patterns, after the end of the previous rally and the third stage of decline, BTC has rebounded strongly to break through the $68,000 mark, which may signal the end of the crypto market’s bear cycle. Investors should not attempt to catch the exact bottom at a specific price point, nor should they try to short in the bottom range. He noted that the two most noteworthy things moving forward are: how to operate in the new bull cycle to maximize returns, and seizing development opportunities in the AI sector at other times.

Bitcoin surges past $72,000, notching an 11.8% 24-hour gain.

According to HTX market data, Bitcoin has broken through the $72,000 mark, with a 11.8% increase in the past 24 hours.

Bitcoin breaks above $71,000, with a 10.46% gain over the past 24 hours.

According to HTX market data, Bitcoin has surpassed $71,000, with a 10.46% gain in the past 24 hours.

Bitcoin ETFs posted a net inflow of $454.8 million yesterday, while Ethereum ETFs saw a net inflow of $186.8 million.

According to monitoring by Farside Investors, Bitcoin ETFs recorded a net inflow of $454.8 million yesterday, while Ethereum ETFs saw a net inflow of $186.8 million.

Bitcoin surges past $70,000, with an 8.6% gain over the past 24 hours.

According to HTX market data, Bitcoin has broken through $70,000, posting an 8.6% gain over the past 24 hours.

Strategy’s unrealized losses on its Bitcoin holdings narrowed to $4.77 billion.

According to HTX market data, Bitcoin has rebounded above $69,000, currently trading at $69,711. Strategy’s unrealized loss on its Bitcoin holdings has narrowed to 7.53%, roughly $4.77 billion, down from a prior peak of over $10 billion. As of August 17, Strategy holds 840,447 Bitcoin, with a total cost of $63.36 billion and an average cost basis of $75,385 per Bitcoin.

Viewpoint: Bitcoin is approaching a key resistance level, with potential pullbacks worth monitoring.

Crypto analyst @honey_xbt stated in a post that Bitcoin is approaching a critical resistance level: the daily 200-day exponential moving average (EMA). Earlier, Bitcoin was pushed lower by this EMA at the $82,000 threshold. The analyst believes that if Bitcoin pulls back under pressure this time, it may enter the final stage of its downtrend, breaking below $50,000.

CZ: Bitcoin Still Follows Its Four-Year Cycle, Crypto Sector Enjoys Most Policy-Friendly Period Yet

At the SALT conference in Jackson Hole, Wyoming, USA, CZ commented on the Bitcoin "super cycle" thesis he previously proposed at the World Economic Forum in Davos, noting the claim has not yet materialized. According to data, the market still follows a relatively strict four-year cycle and is currently in its bear market phase. However, as total market capitalization expands, price volatility will narrow, similar to the fluctuation patterns of large companies like Amazon and Facebook. When discussing the U.S. regulatory environment, CZ said this is the most industry-friendly period in his 12-year career, adding that the U.S. regulatory framework sets a global example, with many countries’ securities laws and exchange regulatory structures referencing the U.S. Meanwhile, Hong Kong is accelerating alignment with U.S. regulatory approaches to advance relevant legislation. Additionally, CZ touched on the portfolio of his investment firm YZi Labs, stating that roughly 70% of its capital is allocated to core crypto and blockchain sectors, about 20% to AI, and the rest to fields like biotechnology. YZi Labs uses its own capital, free from external limited partner (LP) return cycle constraints, and prioritizes projects’ positive impact and founding teams’ execution ability over purely financial return models. Regarding Hyperliquid, CZ noted a common industry misconception that as a Binance shareholder, it would only uphold CEX stances, but he entered the industry because he believes in decentralization. If KYC-free platforms like Hyperliquid can enter the U.S. market in a compliant manner, it will open doors for the entire sector, enabling more Perp DEXs and decentralized services to reach U.S. and global users, while U.S. consumers will gain better liquidity and pricing. This will not only benefit Hyperliquid itself but also international centralized exchanges including Binance.

Glassnode: Bitcoin remains in the "capitulation phase", and the current rally should be viewed as a partial rebound during the bottoming process.

Glassnode released a report at 12:00 AM this morning, noting that Bitcoin’s on-chain structure remains in the "capitulation phase". The cost base of short-term holders has dropped to around $68,500, lower than the real market average of approximately $75,800. Meanwhile, the relative unrealized loss in this cycle peaks at roughly 25%, significantly lower than the over 60% level seen during capitulation phases in previous cycles. This indicates that the current market loss is relatively mild but more dispersed, potentially requiring a longer period to complete the clearing process. Glassnode also stated that the 90-day moving average of the realized profit/loss ratio currently stands at 0.75, while historically this metric typically falls below 0.5 before seller exhaustion occurs, meaning genuine seller exhaustion has not yet emerged. The firm further emphasized that until this metric breaks back above 2, any price rally should be viewed as a local rebound rather than a fundamental shift in market trend. Additionally, the 30-day directional premium in the perpetual contract market turned sharply negative during the recent sell-off, but has since rebounded significantly and returned to positive territory. This signals that leveraged traders are once again willing to pay a premium for long exposure, and speculative risk appetite has improved somewhat. However, in contrast to the improvement in the perpetual contract market, the Coinbase Premium Index remains consistently negative, indicating that meaningful demand has not yet returned to the U.S. spot market.

Prominent Trader: Watch for Short-Term Pullback After Bitcoin’s Strong Breakout

Prominent trader Killa compared Bitcoin’s 2022 bottom pattern to its current formation, advising investors to watch for potential short-term pullbacks from highs. “Bitcoin will still hold its previous lows and won’t actually break below them,” he noted. He added that the only way to validate this pattern is for BTC to pull back to its prior consolidation range and show clear signs of weakness on 4-hour (4H) or daily (1D) charts. If no weakness emerges and BTC fails to return to that range, the pattern will be invalidated. Killa, a BTC-focused quantitative trader, correctly 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 before switching to a long position during the broad market sell-off on June 5.

Key takeaways from Trump’s crypto-friendly remarks: He disclosed that the U.S. government has discussed accumulating a "significant amount" of Bitcoin, vowed to end the "war on crypto" entirely, and urged the prompt passage of the Genius Act.

U.S. President Donald Trump met with executives from crypto and fintech firms including Coinbase, Ripple, Robinhood, Gemini, and Chainlink at the White House’s Roosevelt Room on Wednesday local time, delivering a speech in support of cryptocurrencies. Trump said his administration has “completely ended the war on cryptocurrencies,” noting the industry is thriving, and the U.S. must retain its “undisputed leadership” in areas such as Bitcoin, cryptocurrencies, prediction markets, and artificial intelligence, while committing to becoming the “world’s crypto capital.” He added that the U.S. government has discussed accumulating “significant quantities” of Bitcoin and other cryptocurrencies, claiming crypto assets “have greatly eased pressure on the U.S. dollar.” Meanwhile, he urged Congress to pass a “fair version” of the Clarity Act (Digital Asset Market Clarity Act) promptly, arguing this would keep the U.S. ahead of China and other countries. Trump also noted that the SEC Chair is working to bring Hyperliquid to the U.S. market in a compliant manner, and highlighted policy achievements including the signed Genius Act (stablecoin legislation), strategic Bitcoin reserves, and the ban on central bank digital currencies (CBDCs).

Bitcoin briefly rallied to hit $70,000.

According to HTX market data, Bitcoin briefly surged to hit $70,000 and has now pulled back to $69,800, with its 24-hour gain expanding to 8.08%.

Bitcoin tops $69,000 for the first time in two months, lifted by U.S. SEC crypto rule proposals and expanded U.S. Treasury repo operations.

The crypto market has rallied, with Bitcoin briefly topping $69,000 for the first time in two months, while Ethereum rose roughly 19% to reclaim the $2,200 mark. The rally was driven primarily by two policy announcements. The U.S. Treasury Department said it will at least double the size of its long-term Treasury repurchase operations, raising the single-auction cap for 10–20 year and 20–30 year Treasuries from $2 billion to $4 billion. The measure takes effect September 9 and will run through the end of the current refinancing quarter. The Treasury stated the move is intended to provide additional liquidity support to the long-term Treasury market. Meanwhile, the U.S. Securities and Exchange Commission (SEC) proposed a new regulatory framework for crypto asset issuances, aiming to create an exemption pathway for certain crypto offerings tied to investment contracts. Under the proposal, eligible issuers can raise up to $5 million over four years, or up to $75 million annually, if they meet disclosure requirements. Fueled by these positive policy developments, the broader crypto market saw broad-based gains, with major assets including Solana and XRP surging over 5% in the past 24 hours. Market analysts noted that while the Treasury’s expanded repo operations differ from traditional quantitative easing, they could still improve liquidity in the long-term bond market, fostering a more favorable environment for risk assets. Additionally, VanEck has previously stated that Bitcoin’s correction phase may be nearing its end, with historical cycle data suggesting the cryptocurrency could be entering a potential accumulation phase. Crypto-related stocks also rose in tandem: Fold Holdings jumped nearly 20%, BitGo and American Bitcoin gained around 15%, and Bitcoin asset reserve firm Strategy and Ethereum asset reserve firm Bitmine rose roughly 10%.

Trump: The United States has discussed plans to accumulate "large-scale" reserves of Bitcoin and other cryptocurrencies.

US President Trump said the US government has discussed plans to accumulate "large-scale" Bitcoin and other cryptocurrency assets. Trump noted that the US is exploring the possibility of increasing its holdings of digital assets, but did not disclose specific implementation plans, funding sources, or timelines. Earlier, the US government had pushed forward policies related to establishing a strategic Bitcoin reserve, and the market has been closely watching whether the US will further expand the government's allocation to Bitcoin and other crypto assets.

Bitcoin surges briefly to break through $69,900

According to HTX market data, Bitcoin briefly surged past $69,900 before pulling back to $69,300, with a 24-hour gain of 7.24%.

Analysis: This round of Bitcoin rally is driven by factors including rising optimism over crypto regulation and the expansion of US Treasury repo operations.

According to Bloomberg, as industry executives gather at the White House and market regulatory optimism builds, Bitcoin broke through a months-long trading range on Wednesday, surging as much as 8% to around $69,500—its largest gain since March and the highest level since early June. Trump is expected to hold meetings with executives from firms including Coinbase, Payward, and Blockchain.com. Axel Rudolph, chief technical analyst at IG, said the rally toward $70,000 was triggered by short covering, signaling a recovery in buyer confidence, though whether the momentum can hold and push to challenge the $75,000 level remains a key test. Bitcoin also reclaimed its 100-day and 200-day moving averages on Wednesday. Data from Coinglass showed the sharp rise triggered over $1 billion in liquidations within an hour, with total liquidations reaching roughly $1.5 billion over the past 24 hours. On the regulatory front, the U.S. SEC this week proposed exempting certain digital asset issuers from securities registration requirements to support early-stage and fundraising-stage companies. Meanwhile, the U.S. Treasury Department announced it would at least double the size of its liquidity-supporting repo operations for 10- to 30-year Treasuries, pushing U.S. Treasury yields and the dollar lower. Joshua Lim, co-head of markets at FalconX, noted that the market has been flooded with sell orders over the past weeks, but Bitcoin held firm in the $60,000 range, which subsequently shifted market sentiment and narratives. Data from Deribit showed Bitcoin options positions are concentrated near $60,000 put options and $70,000 call options.

Standard Chartered Bank: Bitcoin is expected to rise to $100,000 by the end of the year.

Standard Chartered analyst Geoff Kendrick said Bitcoin could surge to $100,000 by the end of 2026, with its current key technical level at $65,500. A break above this threshold would likely confirm the low of the current cycle has already been set. He added: "Investors should now position for Bitcoin to reach $100,000 by the end of 2026." Beyond Bitcoin's four-year halving cycle, Kendrick also highlighted the U.S. Treasury's latest announcement to at least double the maximum size of certain long-term Treasury liquidity support repurchase operations. The single maximum repurchase amount for nominal coupon-bearing Treasuries with 10-to-20-year and 20-to-30-year maturities will be raised from $2 billion to at least $4 billion, with the expansion plan running from September 9 to November 4. Following the announcement, U.S. long-term Treasury yields fell sharply, easing some of the pressure on financial markets from the earlier bond sell-off. Kendrick called the Treasury's move "exactly the kind of action Bitcoin favors," noting that Bitcoin has historically benefited from government liquidity interventions.

Analyst: If Bitcoin holds the key resistance level of $66,600, it could rise to $76,000.

Tech Charts market technical analyst Aksel Kibar notes that Bitcoin’s (BTC) daily chart has been forming a bullish inverse head and shoulders pattern since its June low. The pattern’s neckline resistance sits at roughly $66,600. Kibar states that a clear breakout and hold above this neckline would confirm the pattern, with a target price of $76,000 calculated from the distance between the pattern’s head and neckline. This formation, which has been developing since early June, could signal a potential bottom for the current bear market following Bitcoin’s $126,000 peak last October. Traders are now monitoring whether the pattern will complete its confirmation and spark a new uptrend.

Crypto whale sets 10 major targets, shares Bitcoin long trade, logging over $13.04 million in unrealized profit.

Contract whale "Set 10 Big Goals First" shared his trade details on social media, revealing he went long 3,425.239 BTC with 5x leverage, holding an approximate margin of $46.52 million. His current unrealized profit exceeds $13.04 million, with a return on investment (ROI) of 28.04%.

Bitcoin surges past $69,000, logging a 6.5% 24-hour gain.

According to HTX market data, Bitcoin has surged past $69,000, posting a 6.5% gain in 24 hours.

A prominent trader says Bitcoin’s long-term target remains above $150,000, and the traditional four-year cycle may eventually change.

Prominent crypto trader Killa said in a post that Bitcoin has rebounded from its lows, warning that trying to wait for the "perfect bottom" could lead investors to miss out entirely on the subsequent rally. He noted that rather than staying sidelined (holding no position) waiting for a price that may never materialize, he prefers to build exposure early and accept potential drawdowns along the way. Killa added that Bitcoin’s cycle is shifting, with multiple indicators supporting this view, and the traditional four-year cycle may ultimately change. As such, he is willing to accumulate Bitcoin at various price points including $70,000, $65,000, $60,000, and $55,000, rather than fixating on a single bottom target. In the longer term, he projects Bitcoin’s price will rise above $150,000. He emphasized that rather than missing the entire rally by clinging to a target price, he would rather hold positions first and adjust them as market conditions evolve.

Bitcoin and Ethereum ETFs see strong inflows: $BTC +3,134 and $ETH +34,698 in 24h

August 19 Update: #Bitcoin ETFs: 1D NetFlow: +3,134 $BTC(+$204.36M)?? 7D NetFlow: +3,413 $BTC(+$222.5M)?? #Ethereum ETFs: 1D NetFlow: +34,698 $ETH(+$67.17M)?? 7D NetFlow: +57,917 $ETH(+$112.12M)??

Strive CEO: Bitcoin could see its strongest macro tailwind in history over the next 5 to 7 years, as a weakening U.S. dollar will significantly benefit Bitcoin.

Strive CEO Matt Cole stated in a recent post that he has believed for over a decade the US Dollar Index (DXY) is in a structural downtrend, and may now be approaching a larger-scale decline phase. If this outlook holds, the macro environment for Bitcoin over the next 5 to 7 years could be more favorable than any period in its history. Cole noted that over the past roughly 45 years, the DXY has generally formed lower highs and lower lows, while the continuous expansion of US federal debt and fiscal deficits, plus rising risks for long-term US Treasuries, also fundamentally support this view. He pointed out that policymakers will ultimately face a trade-off between higher real interest rates, tighter financial conditions, and lower real interest rates, maintaining liquidity, and a certain degree of currency depreciation. Cole added that Bitcoin’s previous major rallies all coincided with sharp US dollar weakness, including in 2017 when DXY fell from around 103 to 88, 2020 to 2021 when it dropped from ~103 to 89, and 2025 when it retreated from ~108. His baseline assessment is that the US dollar may enter a new multi-year decline over the next 3 to 7 years, with DXY even potentially testing its 2008 low of around 70. Cole also mentioned that the US Treasury Department announced today it will at least double the size of its liquidity support repurchase operations for 10-year to 30-year US Treasuries. He argued that if the dollar ultimately sees a genuine long-term structural breakdown, Bitcoin’s macro tailwinds over the next 5 to 7 years could be significantly stronger than any period in its history.

Bitcoin breaks through $66,000

According to HTX market data, Bitcoin has broken through $66,000, posting a 2.03% gain in the past 24 hours.

Bitcoin breaks through $65,000

According to HTX market data, Bitcoin has broken through the $65,000 level, posting a 1.36% gain over the past 24 hours.

Binance's SNDK contract trading volume has surpassed that of Bitcoin's USDT-margined perpetual contract, with 10 of the top 15 traded contracts being TradFi assets.

According to data from Binance's market page, the US stock SNDK (SanDisk) perpetual contract has recorded a trading volume of approximately $6.37 billion, surpassing the $5.96 billion volume of Bitcoin's USDT perpetual contract, ranking among the highest-volume contract products on the Binance platform. Notably, TradFi (Traditional Finance) assets are becoming a key part of Binance's high-volume contracts. Data shows that 10 of the top 15 contracts by trading volume on Binance are TradFi-related assets. The trading activity of the single US stock SNDK contract has outpaced Bitcoin, a core crypto market asset, reflecting that traditional stock assets are rapidly entering crypto-native trading scenarios, enabling global users to trade US stocks and other global core assets with lower barriers.

Bitcoin retail investor demand is near its highest level in two years, signaling renewed downside risk.

According to crypto analyst Darkfost, the combined 30-day demand for Bitcoin spot and perpetual futures has hit a new high of 10,883 BTC, marking the best performance so far this year. Additionally, the 30-day change in demand from Bitcoin retail investors (with trading volumes between $0 and $10,000) is surging, approaching the highest level in the past two years. Darkfost notes that small investors lack patience and tend to react to minor price fluctuations, which may signal a local top risk for BTC.

Yesterday, Bitcoin ETFs posted a net inflow of $189.3 million, while Ethereum ETFs registered a net inflow of $71.4 million.

According to monitoring by Farside Investors, U.S. spot Bitcoin ETFs posted a net inflow of $189.3 million yesterday, with IBIT contributing $143.6 million of that total. This marks the second consecutive day of net inflows for Bitcoin ETFs overall. Ethereum ETFs saw a net inflow of $71.4 million, while ETHA recorded a net inflow of $64.7 million.

Tracking the Theft of Over 1,000 Bitcoin from Coldcard: Identities of Initial Attackers May Have Been Obtained by the FBI

New developments have emerged in the Coldcard hardware wallet theft incident that took place in July 2026. An investigation by Block’s Bitkey team revealed that first-round attackers used a paid account from a leading blockchain data service provider to query affected addresses. The platform’s internal logs align closely with the attack’s request volume, timing, and execution sequence, and the attacker’s identity may now be known to law enforcement. Galaxy Research previously tracked that the first-round attack transferred 1,082.65 BTC, which remains in the attacker’s addresses. Cumulative losses from the Coldcard vulnerability incident have surpassed 1,800 BTC, affecting over 5,000 addresses. The attack stemmed from a random number generation flaw in a portion of Coldcard’s firmware, which caused insufficient entropy in private keys generated by some devices, enabling attackers to crack wallets via computation. Coldcard has since released fixes and urged affected users to migrate their funds promptly.

Bitcoin’s volatility falls to a cycle low, as traders shift to AI stocks and prediction markets.

Bitcoin’s recent volatility has dropped to multi-year lows, with its 30-day realized volatility standing at around 42%, compared to the S&P 500’s roughly 18% — marking the narrowest gap in volatility between the two assets on record. The market is stuck in a stalemate between buyers and sellers: sell-offs by corporates and mining firms cap upside gains, while deleveraging and ongoing accumulation by long-term holders limit downside declines. As Bitcoin’s volatility eases, some short-term traders have shifted their risk appetite to assets like AI stocks, tokenized equities, stock perpetuals, and prediction markets. A NYDIG study notes that short-term traders tend to chase volatility, narrative momentum, and upside potential, with “traders targeting 5x or 10x returns” now having options including Bitcoin, Nvidia, gold, stock perpetuals, 0DTE options, and sports event contracts. Data shows that monthly trading volume of traditional asset perpetuals on crypto platforms has surged more than fivefold from $52 billion in January to $268 billion in June. Meanwhile, South Korean retail traders have clearly shifted from cryptocurrencies to AI-related stocks, with trading volumes on major South Korean crypto exchanges falling by up to around 80% year-over-year. CoinDesk points out that the Bitcoin market is currently more like in a “dormant” state, with falling trading participation, shrinking market depth, and regulatory uncertainty combining to suppress volatility. If U.S. crypto regulation makes substantial progress, the macro environment shifts, or a new market narrative emerges, the current low-volatility regime could be broken, and thinner liquidity may further amplify price swings.

Zhibao Technology has completed a $154.7 million Bitcoin PIPE financing, adding 2,380 BTC to its holdings.

Nasdaq-listed Chinese insurance technology firm Zhibao Technology (stock code: ZBAO) has completed its previously announced Private Investment in Public Equity (PIPE) financing, with investors subscribing to the company’s newly issued shares and warrants using 2,380 Bitcoin. At the agreed reference price of $65,000 per BTC, the transaction is valued at approximately $154.7 million. According to a 6-K filing submitted by Zhibao to the U.S. Securities and Exchange Commission (SEC), investors transferred all 2,380 BTC to the company’s designated wallet at closing. In exchange, the company issued 442 million PIPE units, each priced at $0.35, comprising 1 Class A ordinary share and 1 warrant. The warrant has an exercise price of $0.35 and a two-year term. Zhibao stated it will hold Bitcoin as reserve assets, using them to support daily operations, business expansion, research and development, and AI-related applications. Following the transaction, Zhibao’s Bitcoin holdings rank 33rd among global public companies.

Bitcoin mining companies are accelerating their shift toward AI, with AI/HPC contract mining firms commanding significantly higher valuations than pure-play mining companies.

As Bitcoin prices fall and mining yields remain under pressure, Bitcoin mining firms that have pivoted to artificial intelligence and high-performance computing (AI/HPC) are securing higher valuations and more stable revenue outlooks. Over the past year, shares of TerraWulf (WULF), IREN, and Cipher Digital (CIFR) have all more than doubled, while MARA Holdings (MARA), which pivoted to AI later, saw its stock drop around 40% over the same period. Bitcoin’s mining hash price has now fallen from roughly $63 per PH/s in July last year to about $31.8, prompting an increasing number of mining firms to shut down equipment. The Bitcoin network’s hashrate has also declined from 1.14 ZH/s to approximately 900 EH/s, a drop of around 21%. Data from CoinShares shows that as of the first quarter of 2026, the average enterprise value multiple for mining firms with AI/HPC contracts stood at roughly 12.3x, while pure Bitcoin mining firms had a multiple of just 5.9x. Over the same period, the total value of AI/HPC contracts signed across the industry has reached about $70 billion. Recently, mining firms’ AI transitions have accelerated further. Last week, Riot Platforms signed a 20-year lease agreement with Anthropic, valued at around $9.1 billion. The market believes that the truly scarce assets of mining firms are not Bitcoin itself, but low-cost power, data center infrastructure, and large-scale computing operation capabilities—resources that can be repurposed for high-growth computing businesses like AI. However, pure Bitcoin mining still has room for recovery. CoinShares estimates that if Bitcoin prices return to their all-time high of roughly $126,000 hit last October, the hash price could rebound to around $59 per PH/s, and mining firms’ profitability is expected to improve significantly.

Bitcoin breaks through $65,000, surging over 2% in 24 hours.

According to HTX market data, Bitcoin has broken through the $65,000 mark, with a 2.20% gain in the past 24 hours.

August 18 Update: #Bitcoin ETFs: 1D NetFlow: +4,436 $BTC(+$284.05M)🟢 7D NetFlow: +13 $BTC(+$819.51K)🟢 #Ethereum ETF...

August 18 Update: #Bitcoin ETFs: 1D NetFlow: +4,436 $BTC(+$284.05M)?? 7D NetFlow: +13 $BTC(+$819.51K)?? #Ethereum ETFs: 1D NetFlow: +16,091 $ETH(+$30.46M)?? 7D NetFlow: +27,042 $ETH(+$51.19M)??

Analysis: $1.8 Trillion 'Panic' Could Trigger 30% Volatility in Bitcoin

Bitcoin has been trading sideways recently, with markets closely monitoring surging global bond yields. Sean Farrell, head of digital asset strategy at Fundstrat, noted that Bitcoin’s recent volatility is at an all-time low, suggesting extreme price swings could emerge in the coming months. Historical data shows that in similar scenarios, Bitcoin’s median absolute price swing over the subsequent 60 days is around 30%. Global bond yields have surged sharply this week: the U.S. 30-year Treasury yield hit its highest level since 2002, the 20-year yield notched a new high since 2006, and the 10-year yield reached its highest since 2007. Markets attribute the rise in long-term yields to factors including widening U.S. fiscal deficits, rising costs for AI infrastructure, high oil prices, and monetary policy uncertainty. Yardeni Research stated that while the market is not yet in a "panic" state, it is closely monitoring whether so-called "bond vigilantes" will reassert control over the market. Bitunix analysts pointed out that market focus has shifted from whether the Federal Reserve will raise or cut interest rates to long-term U.S. Treasury yields, energy prices, inflation risks, and global risk premiums. Additionally, Robin Singh, CEO of Koinly, said it is not ruled out that Bitcoin could experience another sharp drop in the coming months, even falling to the mid-$50,000 range. If historical patterns hold, the market may need to go through a final "panic-driven liquidation" to confirm the real bottom of this cycle.

Citigroup plans to launch Bitcoin custody services within the year, enabling institutional clients to hold the cryptocurrency alongside their traditional assets.

Citigroup plans to launch Bitcoin custody services later this year, enabling institutional clients to hold BTC alongside traditional assets such as stocks and bonds via its newly unveiled Custody+ platform. The exact launch date remains unannounced. The bank stated that Custody+ is designed to boost the efficiency of services including custody, settlement, foreign exchange, and cash management, with initial support for Bitcoin. Citigroup’s custody business currently spans over 100 markets, with a proprietary custody network in 62 of those regions. Once BTC custody is rolled out, institutional clients will no longer need separate independent crypto custody providers, as they can manage both traditional assets and Bitcoin uniformly through Citigroup. The firm added that its new system has already achieved real-time processing for more than 80% of relevant custody events, cutting processing time by up to 92%, with 96% of such events completed within two hours. As the U.S. regulatory landscape improves, large financial institutions are accelerating their entry into the crypto asset custody sector. The Bank of New York Mellon launched crypto asset custody services for some U.S. clients in 2022, while firms including Fidelity Digital Assets and Coinbase have also deployed institutional-grade digital asset custody offerings.