Cointelegraph

Bitcoin (BTC) fell further into Monday’s Wall Street open as markets reacted to the US-Iran escalation.
Key points:
Bitcoin falls toward $62,000 as losses intensify on nerves over the US-Iran war.
Donald Trump says that the US should "run" the Strait of Hormuz as a tug-of-war with Iran continues.
BTC price action is described as "very weak", but a $70,000 rebound prediction remains in place.
Oil rises amid "aggressive" BTC shorting
Data from TradingView showed BTC/USD edging closer to $62,000 amid what a trader described as “massive” short trading.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
US stocks were broadly in the red at the open, with the Nasdaq Composite Index down 1% at the time of writing.
Speaking to Fox on the day, US President Donald Trump said that the US would be taking over the Strait of Hormuz, a key international oil route, which Iran closed at the weekend.
“We're going to keep the strait, and we'll probably run it. ‌We'll become the guardian of the strait. Maybe we'll call it the ‘guardian angel’ of the strait. And we should be reimbursed for that,” he said.
Oil prices stayed higher, with WTI crude circling $75 per barrel.
CFDs on US WTI crude oil one-hour chart. Source: Cointelegraph/TradingView
Bitcoin saw pressure, with sellers firmly in control after an initial drop following the weekly close.
“Massive shorting into this pre NY-open drop. Price is now sitting directly at mVWAP, a key level bulls need to defend!” analytics account JDK Analysis wrote in a post on X.
The post referred to the volume-weighted average price across exchanges, warning that $60,000 could reappear.
“With spot also selling, this still looks very weak. But if New York brings real spot demand and mVWAP holds, a bounce could trap a large number of sellers,” JDK added.
BTC/USD chart with order-book data. Source: JDK Analysis/X
Others also noticed the downward trend, with commentator Exitpump earlier reporting a “crazy amount of aggressive shorting” while open interest continued to rise.
https://x.com/exitpumpBTC/status/2076617148890263856
Bitcoin upside targets still see $70,000 returning
Those making the case for a rebound on the day included trader Roman, who retained his new bullish bias.
In an X post, Roman highlighted several price metrics, including the relative strength index (RSI) and volume, showing downside exhaustion.
“I believe a move higher is coming it all just comes down to formation and how we get there,” he wrote.
“Lots of HTF & LTF indications for 70-75k area + exchange data is showing that more spot is being bought than sold. It’s a matter of when not if.”
BTC/USD one-day chart. Source: Roman/X
Earlier, Cointelegraph reported on various expectations of continued BTC price upside this month before bearish continuation, ultimately ending in a Q3 macro bottom.

Coinbase Ventures, the corporate venture capital (VC) arm of cryptocurrency exchange Coinbase, led the ranks of crypto-focused VC's with 30 deals in the first half of 2026.
Runner-up Animoca Brands completed 19 investments while Silicon Valley VC a16z logged 18 deals and stablecoin giant Tether completed 15, according to data aggregator CryptoRank.
In the past 12 months Coinbase Ventures completed a peer-best 75 deals, followed by Animoca Brands with 40, YZi Labs (previously Binance Labs) with 39, GSR with 31 and a16z with 30.
Those VC deals defy a bear market that saw the total amount raised by cryptocurrency companies fall to $1.4 billion in June, down 63% decline from $3.8 billion in April.
Deal counts also fell in June, to 61 fundraising rounds, down from 89 rounds in May. Still, last month showed a slight recovery compared to April, when crypto VC funding hit a two-year low of $698 million across 71 total fundraising rounds.
So far in July, crypto firms raised $456 million across 12 funding rounds.
Top active investors and top categories by funding deals. Source: CryptoRank
Looking at the deals of the past six months, Coinbase Ventures participated in seven investment rounds tied to payment protocols, four rounds for DeFi projects and three rounds for infrastructure and real-world asset tokenization projects, respectively.
However, the number of unique investors shrunk to 242 in June, from 452 unique investors in October 2025.
DeFi, payments, AI remain leading VC categories
Decentralized finance (DeFi), payments and AI attracted the lion’s share of crypto VC funding during the past year.
DeFi protocols saw 216 fundraising rounds in the period, while payments startups logged 131 rounds and AI-crypto companies raised 128 rounds, according to CryptoRank.
Crypto VC capital, invested by category, 1-year chart. Source: CryptoRank
Infrastructure providers raising 110 funding rounds, while all other sectors saw fewer than 100 investment rounds over the past year.
In terms of geographical distribution, US-based VCs accounted for $5.8 billion and Australia-based VCs contributed $3.6 billion of funds over the past six months. More than $11.6 billion was invested from undisclosed locations.
Magazine: Strategy sells $216M Bitcoin, Bollinger bullish on BTC: Hodler's Digest, June 29-July 6, 2026

Strategy, the largest corporate holder of Bitcoin, raised fresh capital by selling MSTR shares through its at-the-market (ATM) offering last week while leaving its BTC treasury unchanged.
Strategy sold 4.8 million shares of its Class A common stock for $466.7 million between July 6 and July 12, according to a Monday 8-K filing with the US Securities and Exchange Commission.
The company did not buy or sell any Bitcoin during the period and reported holdings of 843,775 BTC at an average purchase price of $75,476 per BTC.
The update comes as investors continue to watch how Strategy balances equity issuance, Bitcoin accumulation and its growing preferred stock offerings as it expands its BTC-focused corporate strategy.
Ahead of Monday's Nasdaq open, MSTR shares were trading down roughly 3%, to $91.80 apiece, according to Yahoo Finance. Bitcoin was trading at about $62,580, down more than 2% in the past 24 hours.
Cash buffer grows to $3 billion
Strategy increased its US dollar reserve to $3 billion as of July 12, up from $2.55 billion a week earlier. The reserve is used to fund dividend payments on its preferred stock and interest payments on its outstanding debt.
The reserve includes expected proceeds from MSTR shares sold through the company's ATM offering that had not yet settled as of the reporting date.
Source: SEC
Strategy has $23.8 billion of remaining capacity under its MSTR ATM offering, including capacity from a new $21 billion offering the company announced on March 23. The company said it may begin selling shares under the additional capacity once the existing offering is substantially depleted.
Last week, Strategy announced it sold 3,588 BTC for about $216 million to replenish its US dollar reserve and fund preferred stock dividend payments.
The transactions included the sale of 1,363 BTC at an average price of $59,256 between June 29 and June 30, followed by another 2,225 BTC at an average price of $60,773 between July 1 and July 5.
In the same June 29 8-K filing, Strategy also reported no BTC purchases, while disclosing the sale of 12.7 million MSTR shares through its ATM offering, generating $1.15 billion in net proceeds.
STRC moves to twice-monthly dividend schedule
Strategy is boosting its USD reserve as it readies its first semi-monthly dividend payment to its STRC preferred stock holders on Wednesday.
Under a new schedule announced on June 8, STRC will use record dates on the 15th and the last day of each month, with payments made on the following record date.
The first semi-monthly record date was June 30, 2026, with the first payment date scheduled for July 15.
Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision

The United Kingdom could add up to 33 billion pounds ($44 billion) to its annual economic output by 2035 by becoming a leader in tokenized financial markets, according to a government-backed industry task force.
The estimate appears in the first report from Wholesale Digital Markets Champion Chris Woolard, who was appointed by HM Treasury to help implement the government’s digital markets strategy.
Developed with an industry task force, the report sets out a 12-month plan to test blockchain in a financial transaction where securities are used to borrow cash. It also calls for the UK to issue its first tokenized government bond by the first quarter of 2027.
The roadmap attempts to move UK tokenization beyond isolated pilots and into live markets where securities can be traded, settled and used as collateral. The report said the task was now to move “from pilots to scale” and “from ambition to action.”
Ripple, which is listed among the task force’s industry members, backed the initiative on Monday. “Onchain funds, bonds and repo aren’t experiments,” the company said, adding that such instruments are already proving “cheaper, better and faster than their legacy equivalents.”
UK builds on digital gilt and settlement initiatives
The digital government bond, or gilt, itself is not a new proposal. The UK first announced the Digital Gilt Instrument pilot in November 2024.
This was followed by a July 2025 update outlining plans for onchain settlement, over-the-counter trading and secondary-market development. On Feb. 12, the government appointed HSBC’s Orion platform to support the pilot.
The new report adds a timetable and expands the intended role for the financial instrument. Beyond calling for issuance, the report seeks subsequent digital-gilt offerings, live secondary-market trading and eligibility for use as central bank collateral.
The report said tokenized securities have limited value unless they can be traded or used to raise cash, and urged the Bank of England to accept digital gilts as collateral.
The UK also has a blockchain-based wholesale payment infrastructure that could support such markets. On Sept. 23, 2025, London-based Fnality launched a sterling-denominated payment system tied to central bank reserves, designed to support real-time repo, tokenized securities settlement and cross-currency payments.
Magazine: Has Bitcoin bottomed for this cycle? Analysts say 'not yet'

A wallet last active when Bitcoin was trading near $6,500 transferred $188 million of its holdings in recent days, its first onchain movement in seven years.
With the biggest cryptocurrency now trading at around $64,000 apiece, the whale transferred 2,931 Bitcoin (BTC) from wallet ‘356my’ to wallet address ‘bc1qn’ on Sunday, according to blockchain data platform Arkham.
The whale is likely looking at a nearly ten-fold gain on the long-dormant holdings, according to blockchain analytics platform Onchain Lens.
The transaction comes during a period when whale transfers — those at a minimum of $10 million per Coinglass — are accounting for the majority of Bitcoin flowing to cryptocurrency exchanges. Large whale transfers to exchanges often precede sales, which can place additional pressure on Bitcoin's price.
Crypto wallet address ‘356my,’ transactions and token balance history. Source: Arkham
Fast becoming year of the whale
Whales have been driving most of the Bitcoin inflows to cryptocurrency exchanges since the beginning of the year.
About 99% of BTC deposited to exchanges is currently from the 10 largest individual transfers, according to CryptoQuant's chart tracking the ratio of whale transfers to exchanges, which stood at 0.99 at press time.
Bitcoin: Exchange Whale Ratio - All Exchanges, year-to-date chart. Source: CryptoQuant
A high exchange ratio means that whales account for a disproportionate share of inflows, which is “historically a bearish signal” as these large deposits are more likely to precede significant sell orders than routine retail activity, according to the analytics platform.
The whale transfers may add to the persistent Bitcoin selling pressure from spot Bitcoin exchange-traded fund (ETF) holders.
Bitcoin ETF Flow (USD, million). Source: Farside Investors
US-traded spot Bitcoin ETFs registered $197 million in net weekly inflows leading up to Friday, but saw $4.51 billion in net outflows in June, marking their worst month on record, according to Farside Investors data.
Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision

Binance’s futures market volume is hitting a new 2026 high even as cryptocurrency spot trading remains stuck at its weakest levels in two years.
Binance, the world’s largest centralized exchange (CEX) by trading volume, recorded $1.6 trillion in futures trading volume in June, its highest level of 2026, according to CryptoQuant analyst Maarten Regterschot, who posts under the moniker "Maartuun."
“That might seem unexpected,” Maartunn wrote in a post on Friday, noting that Bitcoin remains in the mid-$60,000 range as many cautious traders continue to describe the market as bearish.
The surge marks a sharp turnaround for Binance’s futures market after months of slower activity and a multi-quarter decline in futures volumes on CEXs.
Binance futures volume jumps 80% in June
Binance’s $1.61 trillion in futures trading volume in June was an 80% increase from May’s $893 billion.
June trading far outpaced major competitors, as OKX reached $609 billion and Bybit logged $434 billion, with both exchanges topping May volumes, up 9% and 18%, respectively.
Source: CryptoQuant
All three exchanges haven't seen futures trading near this level since January 2026, when Binance processed around $1.5 trillion in volume, as OKX and Bybit reached $667 billion and $502 billion, respectively.
Futures and spot markets hit multi-quarter lows
To be sure, Binance’s June futures surge came as the broader CEX futures market remained under pressure in the second quarter of 2026.
For the period, futures volume fell to $15.7 trillion, down 11% from $17.6 trillion in Q1, marking the third consecutive quarterly decline, according to CryptoRank data.
Source: CryptoRank
The pace of the decline slowed compared with Q1, when futures volume fell 31% from Q4 2025. Binance remained the largest futures venue in Q2, holding about 28% market share.
Spot markets faced a deeper slowdown, with CEX spot volume falling to $3 trillion in Q2, the weakest quarter in two years and an 18.9% drop from Q1. Binance remained the largest spot exchange with $731 billion in quarterly volume, but its market share slipped from 27% to 24%.
Binance futures face a new test after MiCA transition
Binance’s futures surge came shortly before the end of Europe’s Markets in Crypto-Assets (MiCA) transition period, with July data offering an early look at whether the regulatory shift affected the exchange’s activity in the region.
Binance withdrew its application for a license in Greece in late June, days before the framework entered its next phase on July 1.
Early July figures by CryptoQuant show Binance’s futures market has remained active following the MiCA transition, with the exchange recording $418 billion in futures volume in the first 10 days of the month.
Magazine: Bitcoin nearing late stages of bear market: Jamie Coutts, Real Vision

Bitcoin (BTC) starts the new week with a bump as traders brace for more macro volatility.
Key points:
Bitcoin gets knocked back toward $62,000, but a trader is already eyeing the end of the bear market by September.
A new BTC price “death cross” forms the latest signal that the bear market may have just months left to run.
The US-Iran war is back as the Strait of Hormuz closes to oil traffic, prompting risk-asset headwinds.
US CPI and PPI data is due out, while Fed chair Kevin Warsh will outline future policy to lawmakers.
A major distribution event involving midsize Bitcoin hodlers shows fractured sentiment across investor cohorts.
Bitcoin bear-market bottom due "around September or October"
Bitcoin continues to circle its lowest levels since Q3 2024, but one theory is already calling for the return of the bull market as soon as September.
In an X post on Monday, trader Ryker called the entire four-year cycle of bull and bear markets into question.
“I disagree with this chart,” they wrote alongside a comparison of previous market phases for BTC/USD stretching back to 2013.
Ryker argued that since consensus sees the 2026 bear-market bottom as still to come, market makers will frontrun sentiment and initiate a long-term rebound in advance, leaving as many traders off-side as possible.
“Most people believe that the next Bitcoin bull cycle will begin in 2027. However, market makers know exactly what the crowd is thinking,” they continued.
“I predict that Bitcoin will start surging around September or October of this year, and the crowd will miss the buy opportunity. You shouldn't trust this chart.”
BTC/USD one-week chart comparison. Source: Ryker/X
The idea comes as multiple BTC price indicators begin to flash reversal signals for the first time since the end of the last bear market in late 2022.
As Cointelegraph reported, however, history suggests that the bear market is simply too young to reverse before the end of the year, with current progress at around 70%.
Trader confirms classic BTC price bear-market "death cross"
Bitcoin saw sell-side pressure immediately after the weekly close, dropping to local lows near $62,500, per data from TradingView.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
This reinforced the area around $64,000 as short-term resistance, with multiple attempts to break higher all ending in failure last week.
“Crypto choppy, so are stocks,” trader Daan Crypto Trades wrote in his latest analysis on X.
“Bitcoin remains rangebound between this ~$61K-$65K region and is right in the middle here.”
BTC/USD one-hour chart. Source: Daan Crypto Trades/X
Fellow trader Lennaert Snyder saw little chance of even a rematch with range highs, putting $63,600 as the next entry point for a BTC short position.
“Orderflow also confirms spot and perps are selling and funding rates are still quite high, so some downward pressure would be healthy,” he commented on Monday about exchange order-book data.
Snyder described BTC/USD dropping to fresh lows under $57,800 as the “most healthy scenario.”
BTC/USDT four-hour chart. Source: Lennaert Snyder/X
A more optimistic take came from trader Jelle, who maintained hope of a near-term rebound to $70,000.
https://x.com/CryptoJelleNL/status/2076558595177541885
On longer time frames, Jelle noted the recent “death cross” on the weekly chart potentially forming a reliable foundation for sustained upside.
This involves the 50-week and 100-week simple moving averages (SMAs), and with the last death cross coming in September 2022, just months before the last bear-market bottom.
“In the past, by the time this signal flashed, Bitcoin's bear market was nearly ending. More and more signs confirming my belief that accumulation season is back,” Jelle told X followers.
BTC/USD one-week chart with 50, 100SMA. Source: Cointelegraph/TradingView
Hormuz closure rocks oil, stocks in crypto headwind
The US-Iran war is already back as a major macro volatility driver this week.
Over the weekend, Iran declared the Strait of Hormuz — a key global oil route — closed until further notice.
https://x.com/KobeissiLetter/status/2076426843725377908
This followed a series of escalatory events that broke the fragile ceasefire agreement previously in effect, and markets reacted in kind.
US WTI crude oil returned to $75 per barrel on Monday, up nearly 12% versus its July lows.
CFDs on US WTI crude oil one-hour chart. Source: Cointelegraph/TradingView
Reacting, Nic Puckrin, CEO and cofounder of crypto education platform Coin Bureau, flagged other signs of stress as a result of the resurgent conflict.
“US 2yr T-bill yields just shot above 2.35% - the highest level in 16 months!” he wrote in a post on X.
“The Iran situation is pushing up oil prices & inflation expectations. It's saying: Interest rates are going to be higher for longer.”
US two-year Treasury yield chart. Source: Nic Puckrin/X
Puckrin referred to two-year US Treasury note yields and their potential impact on financial policy, with higher interest rates traditionally being a headwind for crypto and risk assets.
While US stock futures saw a cautious start to the week, the frequency of negative Iran headlines appeared to show in their comparatively muted reaction to the oil-supply threat. As such, some market participants brushed off the potential for a deeper market retracement based solely on Middle-East cues.
“This correction has, in my opinion, little to do with everything in the Middle East,” crypto trader and analyst Michaël van de Poppe argued.
Van de Poppe instead put the focus on Japanese bond markets as the yen circled multidecade lows versus the US dollar.
“It has a lot more to do with the Japanese Yield jumping again,” he continued.
“I expect to see a breakdown in Yield over the next 1-2 weeks, which would automatically lead to a positive breakout in Bitcoin.”
BTC/USDT one-day chart. Source: Michaël van de Poppe/X
Fed's Warsh to testify with CPI, PPI data due
Against the background of Iran instability, US markets will also need to surf key macro data releases in the coming days.
Chief among these are the June prints of the Consumer Price Index (CPI) and Producer Price Index (PPI). Both mark the final releases before the Federal Reserve meets to decide on interest-rate changes at the end of the month.
As Cointelegraph reported, the Iran knock-on effect has been reflected in US inflation reports for several months, making any surprise readings in CPI or PPI a key potential risk-asset volatility catalyst.
US CPI 12-month % change. Source: Bureau of Labor Statistics
“We have a highly eventful week ahead of us,” trading resource The Kobeissi Letter summarized to X followers.
Almost immediately after CPI on Tuesday, new Fed chair Kevin Warsh will present a semiannual monetary policy report to the House Financial Services Committee.
Warsh has walked a tightrope since taking over in May, juggling rising inflation with pressure from US president Donald Trump to cut rates. At his first interest-rate meeting, however, he remained on the hawkish side, avoiding dropping clear hints that policy could be relaxed.
According to CME Group’s FedWatch Tool, markets currently see rates staying the same until September, when majority consensus calls for a 0.25% hike.
Fed target rate probabilities (screenshot). Source: CME Group
In analysis published late last week, trading resource Mosaic Asset Company described rates being caught in a “tug-of-war,” while pointing instead to US 30-year Treasury yields as a source of friction going forward.
“A breakout in long-term rates may present obstacles for the rally, but the S&P 500 is nearing completion of a short-term bullish chart pattern,” it warned.
This week also sees around 10% of S&P 500 companies reporting earnings.
S&P 500 chart data. Source: Mosaic Asset Company
Midsize BTC hodler selling hits multimonth highs
New insights into Bitcoin hodler selling adds to the case for a BTC price rebound in July.
Published by onchain analytics platform CryptoQuant on Monday, data covering addresses holding between 100 and 1,000 BTC shows a major new distribution event.
“Bitcoin wallets holding between 100 and 1,000 BTC recorded net distribution of about 67,000 BTC on July 13, the cohort’s strongest selling activity since February 19, when distribution reached roughly 47,000 BTC,” contributor Amr Taha wrote in a blog post.
Over the past three months, the cohort’s activity has been in a state of flux, with late April conversely seeing conspicuous accumulation.
Taha, however, notes that these 100-1,000 BTC entities tend to reduce exposure before bullish BTC price reversals.
“Historically, extreme accumulation by this cohort appeared near local Bitcoin price highs in January and April 2026, while the strong distribution recorded after February 19 was followed by a price rebound,” he continued.
“The current signal does not confirm a market bottom, but it places Bitcoin near another historically significant shift in mid-sized investor behavior.”
Bitcoin exchange inflow data (screenshot). Source: CryptoQuant
CryptoQuant data also shows that inflows to both Binance and Coinbase Prime actually cooled in mid-July.
Last week, Cointelegraph reported on profit-taking by short-term holders as BTC/USD rose to $64,000 — something that analysis likewise described as a feature “characteristic of a bull market.”

SBI VC Trade mit Sitz in Tokio wird am Donnerstag mit der Annahme von Anträgen für einen Dienst zum Verleihen eines in Japanischem Yen denominierten Stablecoins beginnen. Angeboten wird zunächst ein annualisierter Zinssatz von 3 % auf den für 12 Wochen geliehenen JPYSC.
Kunden werden JPYSC an die SBI Holdings-Tochtergesellschaft ab Donnerstag verleihen und die Token bei Fälligkeit mit einer Verleihgebühr zurückerhalten, so das Unternehmen in einer Pressemitteilung am Montag. Bei dem beworbenen Zinssatz würde die Bruttorendite über die 12-wöchige Laufzeit etwa 0,69 % betragen, vor Steuern.
Das Unternehmen sagte, das Produkt zahle mehr als die von SBI für gewöhnliche Yen-Einlagen genannte jährliche Spanne von 0,325 % bis 1 %. Dennoch handelt es sich nicht um eine Bankeinlage, es ist nicht durch eine Einlagensicherung abgedeckt und kann in der Regel nicht vorzeitig gekündigt werden.

Der japanische Betreiber von Convenience Stores, Lawson, will im August an einem Standort in Tokio den Zahlungsverkehr mit in Yen denominierten Stablecoins testen und untersuchen, ob Stablecoin-Zahlungen in einem normalen Checkout-Prozess in einem Convenience Store funktionieren können.
Am Montag teilte das Blockchain-Unternehmen HashPort mit, eine Vereinbarung mit Lawson sowie der Telekommunikationsgruppe KDDI unterzeichnet zu haben, um den Test im Lawson Takanawa Gateway City Store durchzuführen. Die Teilnehmenden werden die Non-Custodial-Wallet von HashPort nutzen, während der Store Zahlungen über das Point-of-Sale-System des Unternehmens abwickeln wird, ohne eine Eröffnung oder Verwaltung von Krypto-Wallets erforderlich zu machen.

KI-gestützte Mikro-Unternehmen könnten einen großen Schub für die stabilen Coin-Transaktionsvolumina liefern, da der globale Gig- und Freelance-Zahlungsmarkt wächst, so die australische Krypto-Börse Swyftx.
In einem Branchenbericht für das zweite Quartal schätzte Swyftx, dass der globale Markt für Gig- und Freelance-Zahlungen bis 2033 2,1 Billionen US-Dollar erreichen könnte, wobei KI-nativen Arbeitskräften 775 Milliarden US-Dollar entfallen. Das Basisszenario-Modell von Swyftx ging davon aus, dass 262 Milliarden US-Dollar des Zahlungsvolumens der KI-nativen Kohorte in Stablecoins abgewickelt werden könnten, basierend auf einer angenommenen Akzeptanzrate von etwa 33%.

Thailands Zentralbank verschärft die Überwachung von Stablecoins, um Geldwäsche, illegale Finanzgeschäfte und „Graugeld“ im Land einzudämmen.
Die Bank of Thailand arbeitet mit der Wertpapier- und Börsenaufsichtsbehörde des Königreichs zusammen, um umfangreiche Stablecoin-Transaktionen zu prüfen, mit Schwerpunkt auf USDt (USDT), Bartransaktionen und Währungstauschgeschäften, um illegale Finanzströme zu identifizieren und zu stoppen.
„Die Maßnahmen, die wir umsetzen, sind keine kurzfristigen Lösungen; sie erfordern den fortlaufenden Einsatz mehrerer paralleler Strategien“, sagte der Gouverneur der Bank of Thailand, Vitai Ratanakorn, laut dem lokalen Medienportal The Nation am Samstag.

US-amerikanische Spot-Bitcoin-Exchange-Traded-Funds verzeichneten in der Woche bis Freitag einen Nettozufluss von 197,4 Millionen US-Dollar und beendeten damit eine achtwöchige Serie wöchentlicher Abflüsse, die bis in den Mai zurückreicht.
Daten von Farside Investors zeigen, dass ein Großteil der Gewinne der Woche auf den BlackRock iShares Bitcoin Trust ETF entfiel, der 291,9 Millionen US-Dollar an Zuflüssen verbuchte. Dem standen Abflüsse aus dem Grayscale Bitcoin Trust ETF, dem Fidelity Wise Origin Bitcoin Fund und dem ARK 21 Shares Bitcoin ETF gegenüber.
Das Ende des Ausfluss-Trends könnte darauf hindeuten, dass die institutionelle Nachfrage nach Bitcoin nach zwei Monaten anhaltenden Verkaufsdrucks wieder anzieht. Allerdings sagte ein Analyst, es sei zu früh, dies angesichts der ETF- und Stablecoin-Abflüsse sowie der Saisonalität in August und September zu beurteilen.

Robinhood-Chain treibt den ETH-Preis in die Höhe
Der erfolgreiche Start des Layer-2-Netzwerks Robinhood Chain hat die Anlegerstimmung rund um Ethereum gestärkt. Die neu gestartete Blockchain nutzt ETH als nativen Gas-Token, und bereits rund 141 Millionen US-Dollar in ETH wurden in die Kette gebridgt.
Mehr als eine halbe Million Wallets, die ETH halten, sind jetzt im Netzwerk aktiv. In den vergangenen 24 Stunden ist das Netzwerk über die Ethereum-L1 und das konkurrierende L2 Base hinausgeschossen. Die DEX-Volumes lagen bei 877,56 Millionen US-Dollar. Das L2 ist ein Ableger der TradFi-Handelsplattform Robinhood, die tokenisierte Aktien für Kunden in 120 Ländern anbietet. Das stärkt weiter das EVM-kompatible Ökosystem.

Der Gründer und Vorsitzende von Strategy, Michael Saylor, nutzte am Sonntag erneut Social Media, um Anlegern sein jüngstes Signal zu übermitteln. Wie ein Analyst sieht, braucht Saylors Kommunikation jedoch mehr Klarheit, um Bitcoin dabei zu helfen, wieder in Schwung zu kommen.
„Orange dots erzählen nur einen Teil der Geschichte“, war Saylors Botschaft am Sonntag in einem Beitrag, der eine Grafik von Saylortracker.com begleitete – ähnlich wie frühere Social-Media-Nachrichten, die der Meldung von Strategie-Bitcoin (BTC)-Käufen vorausgingen und typischerweise am Tag nach seinen Posts angekündigt wurden.

Der Vorsitzende der Pakistan Virtual Assets Regulatory Authority (PVARA), Bilal bin Saqib, hat zu einem fortgesetzten Dialog über die Behandlung digitaler Assets nach islamischem Recht aufgerufen, nachdem er den prominenten Gelehrten Mufti Taqi Usmani getroffen hatte. Dieser hatte eine Entscheidung unterstützt, die Käufe ablehnt, die mit Krypto getätigt wurden.
In einem Beitrag am Samstag sagte Saqib, dass die Diskussion die Blockchain-Technologie, digitale Assets, Stablecoins und tokenisierte realwirtschaftliche Vermögenswerte (RWAs) umfasst habe sowie die Notwendigkeit, Pakistaner vor Betrug, Ausbeutung und finanziellen Schäden zu schützen.

Der strategische Executive Chairman Michael Saylor und der CEO von Blockstream, Adam Back, haben ihre Gegnerschaft gegen BIP-110 noch einmal bekräftigt – einen vorgeschlagenen vorübergehenden Fork, um nicht-monetäre Transaktionen im Bitcoin-Netzwerk zu begrenzen.
Das Bitcoin Improvement Proposal-110 wurde im Dezember 2025 eingeführt, um nicht fungible Token-ähnliche Ordinals-Inscriptionen und andere beliebige Daten davon abzuhalten, das Netzwerk „zuzuspammen“, und um die Hauptverwendung von Bitcoin als Peer-to-Peer-Geldsystem zu bewahren.
Obwohl sie die Ordinals-Aktivitäten kritisieren, fürchten Saylor und Back, dass ein Fork mehr Schaden als Nutzen für die Glaubwürdigkeit des Netzwerks anrichten könnte. „Es gibt 110 Dinge, die für Bitcoin gefährlicher sind als Spam“, sagte Saylor in einem Beitrag auf X am Samstag und fügte hinzu, dass BIP-110 gewöhnliche Transaktionen im Netzwerk ungültig machen könnte.

Die Aktien des in einer Bitcoin-Tresorgesellschaft tätigen Unternehmens Empery Digital stiegen am Freitag, nachdem die Firma offengelegt hatte, dass sie für ein Projekt zur Finanzierung eines KI-Datencenters fast die Hälfte ihrer Bitcoin-Bestände verkauft und damit auch Schulden abbezahlt hatte.
Die Aktien von Empery Digital (EMPD) legten innerhalb der ersten 35 Minuten des Handels am Freitag um 4,2% auf 3,95 US-Dollar zu, nachdem das Unternehmen mitgeteilt hatte, es habe in den vergangenen zwei Monaten 1.400 Bitcoin (BTC) zu einem durchschnittlichen Preis von 62.200 US-Dollar pro Coin verkauft – für rund 87,1 Millionen US-Dollar.
Empery, das zuvor als Hersteller von Elektro-Powersports-Fahrzeugen tätig war, sagte, dass ein Teil der Erlöse seine 25%-Beteiligung an einem mit Hunt Properties verbundenen Vorhaben finanzierte, das einen Industriestandort für die Umwandlung in ein KI-Datencenter erwirbt. Weitere 10 Millionen US-Dollar wurden ebenfalls verwendet, um ausstehende Schulden zu begleichen.

Bitcoin könnte sich in den späteren Phasen des Bärenmarkts befinden, wobei sich der Abwärtsimpuls laut dem Chefanalyse-Analysten für Krypto bei Real Vision, Jamie Coutts, gerade verlangsamt.
„Ich glaube, wir kommen gerade durch die meisten Aktionen des Bärenmarkts. Es ist noch nicht vorbei, ganz klar. Aber wissen Sie, ich denke, wir nähern uns zumindest der zweiten Hälfte“, sagte Coutts in einem Interview bei Cointelegraphs Trade Secrets.
Coutts beschrieb die aktuelle Kursentwicklung von Bitcoin als einen „typischen handelsüblichen Bärenmarkt“, wobei BTC um die 63.000-Dollar-Marke gehandelt wird – etwa 50% unter seinem Allzeithoch vom Oktober 2025 von 126.100 US-Dollar.

Der Ether (ETH)-Preis ist zwischen Donnerstag und Freitag um 3 % gestiegen und hat damit den breiteren Kryptomarkt übertroffen. Der Anstieg hängt mit wachsender Tokenisierung, dem Erfolg von Robinhood Chain und laufenden Käufen von Unternehmensschatzämtern zusammen. Allerdings konnte ETH die Marke von 1.800 US-Dollar trotz schwacher Onchain- und Derivate-Kennzahlen nicht durchbrechen. Ist der Ether-Preis dazu gezwungen, erneut $1.700 zu testen?
Kernaussagen:
Ethereum führt die Tokenisierung von RWA an, während Robinhood Chain frische ETH-Zuflüsse treibt und das Ökosystem weiter wachsen lässt.
Gemischte Signale bleiben bestehen: Während BitMine stark akkumuliert, deuten stagnierende Onchain-Kennzahlen auf Vorsicht hin.

Der auf Hedera basierende Kreditvergabe-Protocol Bonzo Lend verlor etwa 9 Millionen US-Dollar, nachdem ein Angreifer den Preis von SAUCE manipuliert hatte, das als Sicherheit verwendet wurde, und so dem Konto ermöglichte, Vermögenswerte weit über den eingezahlten Wert hinaus zu entleihen.
In einem vorläufigen Zwischenbericht, der am Samstag veröffentlicht wurde, sagte Bonzo, der Angreifer habe 250 SAUCE eingezahlt, die nur ein paar Dollar wert seien, bevor er eine Preisaktualisierung einreichte, die den Wert des Tokens um etwa 12 Größenordnungen erhöhte. Anschließend lieh sich das Wallet 6,63 Millionen USDC und 34,5 Millionen gewickeltes HBAR aus dem Kreditpool.